Ports in Saudi Arabia and the United Arab Emirates' barred ships flying Qatari flags after the two countries broke off diplomatic ties with Doha, in a move that raised fears of disruption to oil and gas shipments from the Gulf OPEC member. The…
The world`s first icebreaking liquefied natural gas (LNG) carrier was named Christophe de Margerie in St. Petersburg, Russia. Russia’s President Vladimir Putin, South Korea’s Ambassador to Russia Park Dae-bong and Daewoo Shipbuilding & Marine Engineering Co…
Mitsui O.S.K. Lines (MOL) is exploring the possibilities to generate power from liquefied natural gas (LNG) aboard ships as a low-cost, environmentally friendly alternative to land-based plants. According to a report on Nikkei, MOL is looking…
Hoegh LNG Partners closed the acquisition of 51% interest in Höegh LNG Colombia Holding, the owner of the entities that own and operate the Höegh Grace on January 3, 2017. The results of the Höegh Grace contributed to the Partnership's earnings for the full first quarter of 2017…
Coralius, the first European built LNG bunker and distribution vessel was named Monday, May 22, by Johanna Lamminen, Chair of the Board of Skangas and Chief Executive Officer of Gasum. The 5,800 cbm vessel was commissioned by owners Anthony…
Peace Boat will showcase its plans for Ecoship, a unique concept cruise vessel, at Nor-Shipping 2017. The Japanese-based organization, which works to promote peace, human rights, sustainable development and respect for the environment, will…
Royal Vopak and AltaGas have entered into a joint venture and will invest together in the development of the Ridley Island Propane Export Terminal (RIPET). RIPET is expected to be the first propane export facility off the west coast of Canada…
ENGIE and The AES Corporation have agreed to enter into a joint venture to market and sell liquefied natural gas (LNG) to third parties in Central America. The joint venture will utilize the Costa Norte LNG terminal currently under construction in Colón…
Russia’s biggest tanker operator will launch four new vessels in 2018 that will run on liquefied natural gas (LNG), Bloomberg reported. Sovcomflot’s Aframax ships, capable of carrying 600,000 barrels of oil through the Baltic Sea to the port of Rotterdam…
Breaking down the challenges of the 2020 sulfur cap can be confusing. Matti Bargfried provides a primer. What has happened so far? The IMO this October voted in its 70th session of the Marine Environment Protection Committee to globally cap the maximum amount of sulfur allowed to 0…
The first Singapore Technical Reference (TR) 56 for Liquefied Natural Gas (LNG) Bunkering was launched by the Maritime and Port Authority of Singapore (MPA), SPRING Singapore and the Standards Development Organisation @ Singapore Chemical Industry Council (SDO@SCIC)…
The U.S. Department of Energy announced that it has signed an order authorizing Golden Pass Products LLC to export domestically produced liquefied natural gas (LNG) to countries that do not have a free trade agreement (FTA) with the United States…
Newly appointed Baltic Exchange Chief Executive Mark Jackson has set out the Exchange’s vision of the near-future in a wide-ranging speech in Singapore during the concurrent MPA Singapore Maritime and Singapore Iron Ore Weeks.“The recent…
Given the mounting pressure on freight rates and continuing fleet growth over the next two years, Drewry believes that excess vessel supply will reduce only gradually with the recovery in rates pushed back to the latter part of next year, according…
Bangladesh's State-owned Petrobangla has inked final deals with Summit LNG Terminal Co to development the country's second floating LNG terminal. The Financial Express reported that Summit group will install a Floating Storage and Re-gasification…
