Tankers News


Höegh LNG Rebrands as Höegh Evi

Sep 16, 2024

Marine energy infrastructure solutions company Höegh LNG announced it has rebranded as Höegh Evi in a move that reflects its expansion beyond liquefied natural gas (LNG) vessels and terminals.Standing for “energy vector infrastructure,” the name Evi encompass a wider range of clean energy solutions…

Loadings Picking up at Russia's Arctic LNG 2

Sep 16, 2024

The fifth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 has been picked up by a vessel managed by a company under U.S. sanctions, according to ship tracking data.The Arctic LNG 2 project by Russia's Novatek is also subject to Western sanctions over Russia's war with Ukraine…

US LNG Exporters Expected to Escape Brunt of Hurricane Francine

Sep 12, 2024

U.S. liquefied natural gas export terminals on the Louisiana coast may have escaped the brunt of Hurricane Francine and put off a major test of their ability to withstand a direct storm hit to another day.Francine was on track on Wednesday to lash south-central Louisiana…

US Gulf Coast Energy Facilities Brace for Storm Francine

Sep 10, 2024

Energy facilities along the U.S. Gulf Coast have begun scaling back operations and evacuating some production sites as Tropical Storm Francine swept through the energy-rich region, and was poised to strengthen into a hurricane later Tuesday…

US Gulf Coast-bound Fuel Oil Cargoes Hit Five-year Low

Sep 06, 2024

Fuel oil exports bound for the U.S. Gulf Coast slumped to their lowest level since January 2019 last month, a sign of weakened refinery demand as margins have softened, analysts said.Feedstocks like high sulfur fuel oil and other heavy residues…

Oil Loadings at Russia's Western Ports on the Rise

Sep 06, 2024

Russia will increase oil exports via its western ports to 1.98 million barrels per day (bpd) in September, up by just 30,000 bpd from August, despite expected start of seasonal maintenance on Russian refineries, two trade sources said on Friday…

US LNG Export Dominance Tested as Europe's Demand Wilts

Sep 05, 2024

The United States has remained the largest exporter of liquefied natural gas (LNG) so far in 2024, but a steep drop in selling prices and a sharp swing in export volumes to key markets is likely testing exporter appetite to stay on top.The United States shipped a record 56…

Libya Oil Exports Are Mostly at a Standstill

Sep 05, 2024

Libyan oil exports remained largely halted on Thursday, shipping data showed, but some tankers were being allowed to load crude from storage, with output still curtailed amid a political standoff over the central bank and oil revenue.Oil tanker…

Exxon's Rotterdam Refinery Not Impacted by Power Outage

Sep 03, 2024

U.S. oil major Exxon Mobil said on Tuesday its 190,000-barrels-per-day Rotterdam refinery was not impacted by the power outage.A power outage hit the Rotterdam port area in the Netherlands for several hours on Tuesday, electricity grid operator TenneT said…

LNG Carriers Line Up At Malaysia's Bintulu Complex After Maintenance

Sep 03, 2024

A backlog of liquefied natural gas (LNG) tankers is waiting to load at Malaysia's Bintulu terminal this week after outages and maintenance work disrupted production, according to industry sources and shiptracking data.The Bintulu facility in Sarawak…

Russia's Seaborne Diesel Exports Fall to One-year Low

Aug 30, 2024

Russia's seaborne diesel and gasoil exports are expected to fall in August to the lowest since September 2023 at 2.7 million-2.8 million metric tons due to refinery maintenance and domestic fuel demand, LSEG and market sources data show.Russia's…

Freeport LNG Plant in Texas to Return to Service

Aug 29, 2024

U.S. liquefied natural gas (LNG) company Freeport LNG's export plant in Texas was on track to return to service on Thursday after shutting on Wednesday, LSEG data showed.Freeport is one of the most-watched U.S. LNG export plants in the world…

Plaquemines LNG Plant Nearing Test Mode Startup

Aug 23, 2024

A tanker full of liquefied natural gas (LNG) docked at Venture Global LNG's Plaquemines export plant in Louisiana, according to shipping data from LSEG on Friday, in what energy analysts said was a sign the plant could start up in test mode soon…

India Tightens Ties to Russian Oil

Aug 07, 2024

“During the past three months, India has relied on Russia for 40% of its seaborne crude oil import. Year-to-date, volumes have reached an average of 1.6 million barrels per day (mbpd), an increase of 1000% compared to 2021, before Russia invaded Ukraine…

Enterprise Expanding Houston Ship Channel Export Facility in Texas

Jul 30, 2024

Enterprise Products Partners LP on Tuesday said it is expanding Texas' Houston Ship Channel export facility in response to continued strong customer demand for natural gas liquids.The expanded service is expected to begin by the end of 2026…

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