Trelleborg’s marine systems operation and Australasian engineering consultancy Synertec have formed a strategic partnership to meet demand for more accurate and efficient liquefied natural gas (LNG) custody transfer. Under the new agreement…
Monjasa acquires the 3,600 DWT tanker, MT Fredericia for continued bunker operation in the English Channel. Leading up to the acquisition, the vessel has been on time charter by Monjasa for several years and the ceaseless high performance of the vessel now leads to definitive Monjasa ownership…
ESL Shipping, a shipping company fully owned by Aspo has completed the transaction concerning the acquisition of all the outstanding shares of AtoB@C Shipping AB and AtoB@C Holding AB that offer shipping services.Total of 444,255 new Aspo's…
Venezuela's state-run PDVSA is organizing a contingency plan to address its latest oil-export problem following a minor accident last week at the country's main crude terminal, two sources from the firm told Reuters on Friday.A tanker collision…
Liquefied natural gas exports from Novatek's Yamal terminal in the Arctic have come on stream faster than expected over the summer and exceeded volumes from Russia's only other LNG facility, Sakhalin, for the first time in August.The pace of…
A portion of Venezuela's main oil port of Jose was out of operation due to a weekend tanker collision, curtailing state-run PDVSA's ability to export upgraded crude and receive imported diluents, three sources with knowledge of the incident said on Tuesday…
A tanker with 19 crew members on board has docked at a port in Togo after going missing for over a week in a suspected hijacking off the West African coast, the crew's agency said on Friday.The Ialkani agency and the ship's managers lost communication…
Denmark-based shipping company Hafnia Tankers is exploring the possibility of consolidation with BW Tankers, part of BW Group, Hafnia’s CEO Mikael Skov said.In its half year results statement Hafnia said: “Hafnia is exploring the possibility of consolidation with BW Tankers…
China's Sinopec Corp has teamed with Zhejiang Energy Group Co Ltd on a 3 million tonne-per-year liquefied natural gas (LNG) terminal in east China, with the first phase set for operation at end-2021, the state oil giant said on Wednesday.The project…
Venezuela's PDVSA and NuStar Energy LP have reached an agreement over outstanding storage fees, allowing the state-run company to resume use of a key storage terminal in the Caribbean, the U.S. energy firm said on Monday.NuStar had suspended PDVSA several times since 2017 from using its St…
Monaco-based LNG shipper GasLog has ordered two 174,000 cubic meter LNG carriers (HN 2300 and HN 2301) with low pressure two stroke (“LP-2S”) propulsion at Samsung Heavy Industries in South Korea, with expected delivery in late 2020.GasLog…
Shuttle tanker owner AET, a wholly-owned subsidiary of Malaysia's MISC Group, has won its first contract with Shell in Brazil to time charter one new-build dynamic positioning shuttle tanker (DPST).AET earlier this year sealed a long-term charter…
A.P. Moller - Maersk and Royal Vopak, an independent tank storage operator active in the heart of Rotterdam’s bunker environment, have agreed to this first joint initiative which will cater for circa 20% of Maersk global demand, enabling A.P…
Bangladesh started operations at the country's first liquefied natural gas (LNG) terminal on Saturday after ironing out teething issues related to technical problems and bad weather, two sources familiar with the matter told Reuters on Monday…
Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by National Iranian Tanker Co (NITC) for nearly all of their imports to keep supply flowing amid the re-imposition of economic sanctions by the United States…