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TotalEnergies sheds partial stake ahead of appraisal ops at Nigerian block
TotalEnergies has set the wheels in motion to sell a partial interest in an offshore block to SAPETRO to fast-track the appraisal of a Nigerian field.
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Shell and Hornbeck Offshore seal multiple deals for deepwater services
Hornbeck Offshore Services, which merged with Helix Energy Solutions two months ago, has entered into multiple agreements with Shell Offshore for…
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Shell lifts first cargo as Venture Global’s US LNG project kicks off commercial ops
Venture Global has achieved commercial operations at Phase 1 of its LNG project in Louisiana, with Shell lifting the facility’s first cargo.
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Gas flows from Southeast Asian offshore field 21 months after FID
Eni and Petronas’ Searah has brought online an Asian gas field, flowing 250 million standard cubic feet per day (scfd) to domestic and export markets.
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LNG Shipping Market Gaining Ground
The LNG market strengthened this week, with increased fixing activity helping to reduce some of the available tonnage in both basins. The Atlantic market firmed following a number of fixtures and a slight drawdown in the position list, although further cargo requirements will be needed to maintain the momentum. On the BLNG1 Australia–Japan route, rates…
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Iran offers 48-hour Hormuz reopening plan as Trump signals progress in talks
Iran has proposed reopening the Strait of Hormuz within two days if Washington meets its conditions, offering a breakthrough in talks to end the war as both sides warn that renewed fighting could spread regionally. Iranian Foreign Minister Abbas Araghchi said Qatari mediators had helped shorten Tehran’s seven-day reopening proposal. Under the revised sequence, the…
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Vale freight, fuel hedges cushion impact of rising shipping costs
Brazilian miner Vale SA’s freight and fuel hedging strategies have protected the company from the worst impacts of higher shipping costs facing iron ore producers, CEO Gustavo Pimenta said. About 75% of Vale’s shipping needs are covered by long-term contracts at fixed prices over the next few years, while the remaining needs will be managed…
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The cost of almost: what trade at its full potential really means
At any given moment, thousands of vessels are at sea. Each voyage is shaped by a series of decisions: speed, route, fuel, vessel performance, timing and execution. There is rarely one obviously right choice. A slower vessel may burn less fuel but arrive too late to capture the value of the cargo. A faster voyage…
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Kumiai Navigation takes delivery of LPG dual-fuel gas carrier
Singapore shipowner Kumiai Navigation’s new gas carrier from Kawasaki Heavy Industries (KHI) could later be converted to run on ammonia. The 86,700-cbm gas carrier Aurora Borealis has separate cargo tanks so it can carry liquefied petroleum gas (LPG) and ammonia at the same time. It is the 14th ship in KHI’s series of LPG dual-fuel…
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Capitán para buque tanque LPG – 14.300 USD/mes
Master LPG Tanker 4 months 14,300 $ per month application@trident-maritime.com La entrada Capitán para buque tanque LPG – 14.300 USD/mes se publicó primero en Actualidad Marítima y Portuaria.