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ZeroNorth acquires US-based bunker market platform ClearLynx

by AJOT  • Jan 11, 2022

Move allows ZeroNorth platform to provide bunker optimisation to industry, alongside voyage and vessel optimisation recommendations

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Coal will account for 85% of US electric generating capacity retirements in 2022

by AJOT  • Jan 11, 2022

Operators have scheduled 14.9 gigawatts (GW) of electric generating capacity to retire in the United States during 2022, according to our latest inventory of electric generators. The majority of the scheduled retirements are coal-fired power plants (85%), followed by natural gas (8%) and nuclear (5%).

MOL acquires AIP for ammonia bunkering vessel

by AJOT  • Jan 11, 2022

Mitsui O.S.K. Lines, Ltd. today announced that the company, along with ITOCHU Corporation acquired Approval in Principle (AIP) from the American Bureau of Shipping regarding an ammonia bunkering vessel.

MOL and CNOOC sign long-term charter deal for six newbuilding LNG carriers

by AJOT  • Jan 12, 2022

Mitsui O.S.K. Lines, Ltd. today announced that on January 7, through a subsidiary, it signed a long-term charter contract for six newbuilding LNG carriers with CNOOC Gas & Power Singapore Trading & Marketing Pte. Ltd, a wholly-owned subsidiary of China National Offshore Oil Corporation (CNOOC).

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Wilhelmsen Ship Management takes a majority stake in Ahrenkiel Tankers to strengthen its position in the tanker market

by AJOT  • Jan 12, 2022

Wilhelmsen Ship Management has strengthened its position in the tanker market with a newly signed agreement to acquire a majority stake in Hamburg-based Ahrenkiel Tankers.

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Offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35% this decade

by AJOT  • Jan 13, 2022

Demand for shuttle tankers in countries with robust offshore oil production and limited pipeline infrastructure is set to grow continuously in the coming years, as produced volumes in need of transport rise to 3.3 billion barrels per year before the end of the decade, jumping 35% from 2.5 billion in…

Tonga eruption gets blame for Peru oil spill 6,800 miles away
by Bloomberg  • about 18 hours ago
Lebanon denies it plans to buy gas from Israel
by Bloomberg  • Jan 16, 2022

Whats this about?

It is the “uncontained” shipments that draw a lifetime allegiance of purveyors of the business. As one MPV (Multi Purpose Vessel) analyst bluntly said as an aside, “Boxes are boring.”

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