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Zhoushan's New Bonded LNG Storage Tank Receives First Cargo
May 28, 2025 ... mt of LNG to the facility on Sunday, media outlet China Daily reported on Tuesday. The delivery marks a significant milestone, officially launching operations at Zhoushan's first bonded LNG ...
ESL Shipping Secures €70 Million Loan to Fund Methanol Newbuilds
May 28, 2025 ... bulk shipping firm ESL Shipping has signed a €70 million ($79.2 million) loan agreement with the Swedish lending institute Svenska Skeppshypotek. The funding will partially cover the cost ...
Tariff Truce Sparks Charter Market Surge, But Uncertainty Looms
May 28, 2025 ... the need for additional tonnage. Mid-sized vessels (1,500–2,900 TEU) have been the primary beneficiaries, as limited availability in the 3,000-plus TEU segment continues to constrain ...
Shell Supplies LNG to Cruise Ship in Singapore for First Time
May 28, 2025 ... at Shell, said in a LinkedIn post on Tuesday. The bunkering was carried out using a bunker delivery vessel of Shell's joint venture FueLNG. FueLNG is a joint venture between Keppel Offshore ...
European Shipowner Orders Two LNG Bunkering Vessels
May 28, 2025 ... order for two 18,000 m3 LNG bunkering vessels—also from an unnamed European owner—with delivery also set for 2027. As more LNG-fuelled ships enter service, global demand for LNG as a marine ...
Biofuel Value Is in Carbon Score, Not Feedstock Label: ScanOcean
May 28, 2025 ... the shipping industry races to reduce its carbon footprint, the way marine biofuels are valued and benchmarked is undergoing a fundamental shift. Swedish bunker supplier ScanOcean says the ...
Trump Sways Both Bearish And Bullish Sentiment As Oil Declines
May 27, 2025 ... advances such as those employed by Chevron's Anchor project, which recently began an industry-first production at record-breaking pressures of 20,000 pounds per square inch. Also on ...
UPM Cancels Rotterdam Biofuels Project
May 27, 2025 ... UPM has announced it will discontinue plans for a new biofuel refinery at the Port of Rotterdam following extensive evaluations. All engineering work and site commitments related to ...
Saga Shipholding Transfers Entire 32-Vessel Fleet to Bahamas Flag
May 27, 2025 ... full-fleet transfer marks a significant milestone for the Bahamas, increasing its registry's gross tonnage by 1.56% and enhancing its global standing as a preferred flag state. BMA ...
COSCO Inducts Largest Solar and LNG-fuelled Car Carrier
May 27, 2025 ... car carrier – making it the largest of the kind in China. Operated by its subsidiary, Guangzhou Yuanhai Auto Carrier, the 200 m long vessel has embarked on its maiden voyage from ...
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Dalian Shipbuilding to Build Chinese LNG Bunkering Vessel

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Impending Trump/Putin Peace Meeting Fails To Prevent A 5% Weekly Slide For Oil

Impending Trump/Putin Peace Meeting Fails To Prevent A 5% Weekly Slide For Oil

Analysts think a truce wouldn't sway the market overly.

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Astilleros Armon to Build Two Electric Vessels for Baleària

Astilleros Armon to Build Two Electric Vessels for Baleària

The two fully electric ferries will launch in 2027, linking Tarifa in Spain with Tangier in Morocco.

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