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Tanker
Oil & Gas Trade
Iran: Oil Exports Hit 500,000 Barrels per day
According to a Reuters statement that reveals predictions from tanker tracking firms that Iran’s crude oil exports since the beginning of the month have hit ab…
LNG
Repsol Hits Milestone with Fure Vinga LNG Bunkering
Spanish oil company Repsol has reached a milestone as it bunkered Furetank Rederi’s chemical tanker Fure Vinga at Cartagena.
Liquid Hydrogen
Kawasaki Heavy To Start Liquid Hydrogen Shipments Spring 2021
Japan’s Kawasaki Heavy Industries is aiming to replicate its success as a major liquefied natural gas (LNG) tanker producer with hydrogen, a key element that m…
Oil & Gas Trade
China Trade War on Itself Sends LNG Prices Mad
Strong consumer demand, lower-than-expected temperatures across northeast Asia and a severe shortage of prompt LNG supplies and spot tanker availability have co…
Crude Oil
Floating Oil Storage Shrinks Amid Robust Asian Demand
Global floating oil storage declined at a fast pace in December as traders sold crude held on tankers in the absence of price incentives to store it and in orde…
Iran
Strait of Hormuz: The World's Most Important Oil Artery
Iran's Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf waters and detained its crew, amid tensions between Tehran and Seoul over Iranian…
South Korea
Iran Seizes UAE-Bound Chemical Tanker
Iran has seized a UAE-bound chemical tanker in the strait of Hormuz, further stoking already heightened tensions in the Mideast Gulf.
LNG Carrier
Korea Tops Global Shipbuilding Order Intake Rankings for Five Consecutive Months
By landing more than 60 percent of the world's new shipbuilding orders in November, Korea came in first in the order standings for the fifth straight month in N…
LNG
LNG Tanker Rates Soar Ahead of Expected Cold Asian Winter
Shipping rates for LNG tankers have soared to their highest in a year ahead as demand for cargoes rose on expectations of a colder than expected winter in North…
Energy Storage Battery
KNOT’s Shuttle Tankers to Feature Battery Technology
Two new shuttle tankers being built for Knutsen NYK Offshore Tankers at South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering will be fitted with ba…
Crude Oil
Shell Set To Load First Oil From One Of Libya’s Open Ports
Supermajor Shell has provisionally chartered an oil tanker to load crude from one of Libya’s three open ports at the end of next week in what could be the firs…
Fire Aboard Oil Supertanker Off Coast of Sri Lanka is Now Extinguished
A fire on a supertanker abandoned off Sri Lanka's east coast has been extinguished.
Oil & Gas Trade
Libya Set To Export First Crude From Oil Ports Since January
Two tankers will be the first since January this year to load oil for export at the Libyan port of Brega, citing unidentified source in the know.
Crude Oil
Crude Shipments Resume from Pemex Floating Oil Storage Unit After Collision
An oil production and storage vessel operated by Mexican state oil firm Pemex in the Gulf of Mexico has resumed crude shipments after a tanker collision halted …
Oil & Gas Trade
Tanker off UAE Sought by US Over Iran Sanctions ‘Hijacked’
An oil tanker sought by the U.S. over allegedly circumventing sanctions on Iran was hijacked on July 5 off the coast of the United Arab Emirates.
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