ZeroNorth acquires US-based bunker market platform ClearLynx
Move allows ZeroNorth platform to provide bunker optimisation to industry, alongside voyage and vessel optimisation recommendations
Coal will account for 85% of US electric generating capacity retirements in 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
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
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).
Wilhelmsen Ship Management takes a majority stake in Ahrenkiel Tankers to strengthen its position in the tanker market
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.
Offshore oil needs more shuttle tankers as volumes requiring transport set to rise by 35% this decade
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…
Ørsted ranked world’s most sustainable energy company and publishes climate leadership handbook
Japan’s LNG inventories slump to 7-month low on cold weather
Ghana plans to become West Africa’s gas hub with import terminal
GE gets partial win in turbine fight against Siemens Gamesa
Traders bet that oil at $100 Is a question of when, not if
Tonga eruption gets blame for Peru oil spill 6,800 miles away
Permian oil production reached record high last month
India’s state power giant looks to coal imports to avoid crunch
GE wins wind turbine fight at US agency against Siemens Gamesa
KBR awarded engineering contract for Woodside’s H2OK Project
New renewable power plants are reducing US electricity generation from natural gas
The Crown Estate welcomes ScotWind announcement
LNG vessel’s U-turn to U.K. from Hawaii shows draw of European energy crisis
China’s fuel exports drop for a second year as quota tightened
Shell and ScottishPower win bids to develop 5 GW of floating wind power in the UK
Jet fuel market’s key metric surges as flights withstand omicron
Gazprom’s daily gas exports in January fall to lowest since 2015
Turkey’s gas import bill catapults budget deficit to record
Norway 2021 exports hit record with 77% jump, led by gas and oil
Lebanon denies it plans to buy gas from Israel
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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