Tankers News

 

Novatek, Sovcomflot Pact for LNG Shipping from Yamal LNG

Jun 28, 2018

Leonid Mikhelson, Chairman of the Management Board of PAO Novatek and Sergey Frank, General Director of PAO Sovcomflot have signed a Strategic Cooperation Agreement on developing a strategic partnership to transport hydrocarbons (LNG and gas condensate) produced at Yamal LNG…

Ten Years After, Shipping Industry Confidence Holds Firm

Jun 28, 2018

Shipping confidence held steady in the three months to end-May 2018 according to the latest Confidence Survey from international accountant and shipping adviser Moore Stephens.  The average confidence level expressed by respondents was unchanged at the four-year high of 6…

Eagle, Crowley Supply LNG to Puerto Rico

Jun 27, 2018

Crowley Fuels and Eagle LNG Partners have signed a multi-year agreement to provide a pharmaceutical company in Puerto Rico with containerized liquefied natural gas (LNG), an expansion of LNG supply chain services for customers seeking cleaner…

Canada Dreams of Oil Exports to Asia, but California Beckons

Jun 26, 2018

The nationalization of a crude oil export pipeline in western Canada has buoyed long-standing hopes for crude exports to markets beyond the United States - but the most likely destination for much of that oil is California. Faced with declining…

Panama Canal Expansion Marks Second Anniversary

Jun 26, 2018

Today marks Panama Canal's two-year anniversary of the inauguration of its Canal Expansion. It is the largest enhancement project in the waterway’s 103-year history. To date, the Canal has transited 3,745 Neopanamax vessels.The performance…

Laino Named Chembulk CCO

Jun 26, 2018

Chembulk Tankers named Steve Laino its Chief Commercial Officer, based out of the Southport office and responsible for all facets of our commercial strategy worldwide, including chartering, projects and client relations.  Laino comes to Chembulk…

BNSF: Crude Rail Service Could Resume Tuesday

Jun 25, 2018

BNSF Railway Co on Monday said it could resume service Tuesday on a stretch of northwestern Iowa track damaged when a train left the track and crude oil spilled from derailed cars. The crude oil train derailed near Doon, Iowa, on Friday…

Croatia Reopens Bidding for LNG Terminal Capacity

Jun 22, 2018

LNG Hrvatska launched a second round of bidding for potential operators of an offshore liquefied natural gas (LNG) terminal in Croatia's northern Adriatic on Friday, after the previous round drew little interest.Last week, Croatia's parliament passed a law to enable the construction of the terminal…

Thick Sea Ice Blocks Exports from Yamal LNG Plant

Jun 21, 2018

Thick sea ice is impeding Arctic shipments of liquefied natural gas (LNG) from Russia's newly-built export plant in Yamal, Russia's state-run nuclear-powered tanker company Rosatomflot said.Unseasonably severe ice conditions are also clogging routes to Asia through the Northern Sea Route (NSR)…

East Libyan Forces Advance to Retake Oil Ports

Jun 21, 2018

East Libyan forces said on Thursday they had retaken the shuttered oil ports of Es Sider and Ras Lanuf, though clashes resumed south of Ras Lanuf in the afternoon after a counter-attack by rival factions.Staff were evacuated from terminals in…

China to Cut US Oil Imports Amid Trade Spat

Jun 21, 2018

Chinese oil buyers will keep taking crude from the United States through September, but plan to reduce future purchases to avoid a likely import tariff amid a trade spat between the world's two largest economies, multiple industry sources said…

LNG Imports Climb at CNOOC's Zhejiang Terminal

Jun 21, 2018

CNOOC's Zhejiang terminal will receive 5 million tonnes of liquefied natural gas in 2018 up from 3.58 million tonnes last year, CNOOC Gas and Power Co said on Thursday.The Zhejiang terminal located in Ningbo in Zhejiang province has unloaded 33 LNG tankers as of June…

GasLog Partners Signs New Charter Agreement with Cheniere Energy

Jun 19, 2018

GasLog Partners announced that it has entered into a new multi-year time charter for the GasLog Sydney with a wholly owned subsidiary of Cheniere Energy scheduled to commence in 2018. The charterer has options to extend the charter for up to two consecutive periods at escalating rates…

Libya Oil Output Slashed by Port Attacks

Jun 19, 2018

Libya has lost some 400,000 barrels per day (bpd) of oil production in recent days because of militant attacks at the Ras Lanuf and Es Sider ports, the head of the National Oil Corporation, Mustafa Sanalla, said on Tuesday.Sanalla said there were still militants present in the area of the terminals…

Panama Imports Its First LNG Cargo

Jun 19, 2018

Panama has imported its first liquefied natural gas (LNG) cargo to commission the newly built $1 billion Costa Norte facility and power plant at Colon, expected to be a launch-pad for LNG trade across Central America.Many utilities in Central…

Logistics News

CMA CGM Interested In Taking Over Some of CK Hutchison's Ports Terminals

CMA CGM Interested In Taking Over Some of CK Hutchison's Ports Terminals

Xeneta Warns Freight Rates May Continue to Plummet Despite New Trade Deals

Xeneta Warns Freight Rates May Continue to Plummet Despite New Trade Deals

Captain Richard Phillips Announced as Guest Speaker at Houston International Maritime Conference

Captain Richard Phillips Announced as Guest Speaker at Houston International Maritime Conference

Argentina will Send First Corn Shipment to China Next Month Since 2023

Argentina will Send First Corn Shipment to China Next Month Since 2023

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