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Tankers & Gas

Stay informed with the latest news, analysis, and insight impacting the crude, LNG, and LPG sectors through our expert coverage

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VLCC rates suddenly spike amid ‘fragile’ market and China worries

VLCC rates posted huge percentage gains on Thursday, although the rise was off seasonally weak levels and broader concerns remain on Chinese demand and the duration of Opec+ production cuts

Tankers and Gas VLCC China

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Crude Tankers

Panama Canal ends fiscal year 2024 with 29% plunge in total transits

Ship transits through the Panama Canal were flat in September versus August, as the waterway continued to handle fewer vessels per day than available reservation slots. In the fiscal year that ran through the end of last month, transits fell by almost a third versus the prior year

Containers Tankers and Gas

Will it take a ‘Prestige’ moment to tackle the dark fleet threat?

The dark fleet poses a threat to shipping safety, but it may take a big, messy and very public European disaster to get that threat onto the political radar

Sanctions Lloyd List - The View

UK strengthens sanctions regulator as scrutiny of maritime sector intensifies

UK government vows it is ‘resolutely committed’ to strengthening the sanctions regime as it launches a new unit armed with robust enforcement powers and the promise of penalties for those who fail to comply

Sanctions Tankers and Gas

Lack of multi-stakeholder forum for decarbonisation leaves shipping adrift

Malta Maritime Summit hears that progress towards developing alternative fuels has been slower than hoped-for and transition remains a ‘risky and chaotic’ proposition

Containers Dry Bulk
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Product Tankers

Optionality seen helping future fuels pricing challenges

The rapid emergence of alternative fuels has led to an increasingly complex market with an overload of information and opaque pricing

Sustainability Tankers and Gas

Adnoc L&S joint venture exercises option for two more VLACs at Jiangnan Shipyard

Jiangnan Shipyard opens its first Middle East office in Abu Dhabi to explore opportunities in the regional market

Tankers and Gas Shipbuilding

Long-term offtake contracts among challenges to alternative fuel adoption

The sums and commitment terms required are giving many pause for thought

Decarbonisation Tankers and Gas

New risk landscape emerging for shipping

Shipping has a reputation for resilience in the face of adversity. But some fundamental challenges in its future could test that to destruction

Containers Geopolitics
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LPG

Adnoc L&S joint venture exercises option for two more VLACs at Jiangnan Shipyard

Jiangnan Shipyard opens its first Middle East office in Abu Dhabi to explore opportunities in the regional market

Tankers and Gas Shipbuilding

The lessons of Panama Canal drought for future shipping routes

The 2023-2024 drought at the Panama Canal was historically severe and had major impacts on container, LPG, LNG and dry bulk shipping routes. Alexei Oduber, head of shipping agency GAC Panama, outlines the lessons learnt

Containers Tankers and Gas
DATA ANALYSIS

Dark fleet’s growing role in seafarer abandonments showcased by ageing gas tankers

A fleet of LPG carriers linked with Iranian gas shipments has amassed an alarming number of abandonments, illustrating the adversity faced by mariners on board dark fleet vessels

Crewing Tankers and Gas

VLGC rates recovery gathers pace

After slumping through most of September and making modest gains last week, VLGC rates started October strongly. The Baltic Exchange’s BLPG index more than doubled on Wednesday from last week’s close, reaching its highest level since June

Tankers and Gas LPG
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LNG

Secondhand ship sales fall as gap between values and earnings widens

Enquiries for secondhand ships remain high. However, market uncertainties and sellers’ resistance to cutting prices are affecting the number of sale-and-purchase deals being concluded

Dry Bulk Tankers and Gas

The lessons of Panama Canal drought for future shipping routes

The 2023-2024 drought at the Panama Canal was historically severe and had major impacts on container, LPG, LNG and dry bulk shipping routes. Alexei Oduber, head of shipping agency GAC Panama, outlines the lessons learnt

Containers Tankers and Gas

Shell linked to newbuilding deal for conventional fuel MR tankers in China

Guangzhou Shipyard International is said to have confirmed a newbuilding contract for 10 medium range product tankers for operation with Shell Marine

Tankers and Gas Product tankers

Singapore to make e-BDNs mandatory by April 2025

The move will make Singapore the first port in the world to put digital bunkering into effect at scale in relation to all of its bunkering operations

Digitalisation Tankers and Gas
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