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TotalEnergies takes over gas assets offshore Malaysia

TotalEnergies has expanded its gas portfolio with more assets off the coast of Malaysia by wrapping up the acquisition of stakes OMV and Sapura Upstream held in SapuraOMV Upstream Assets, a Malaysian independent gas producer and operator. The post TotalEnergies takes over gas assets offshore Malaysia appeared first on Offshore Energy.

With building permit secured, Polish FSRU project ready for execution stage

Poland’s gas transmission system operator Gaz-System has obtained a building permit for the floating storage and regasification unit (FSRU) that will form part of the country’s second liquefied natural gas (LNG) terminal, in the Gulf of Gdańsk. The post With building permit secured, Polish FSRU project ready for execution stage appeared first on Offshore Energy.

Baltic index steady as firmer panamax rates offset dip in capesize, supramax

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, was little changed on Monday, as higher panamax vessel rates offset weaker capesize and supramax prices. The index, which factors in rates for capesize, panamax and supramax shipping vessels, edged up 1 point to 1,168 points. The capesize …

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US plans major trade tariffs: Potential impacts on dry bulk and shifting trade patterns

In a significant move, US president-elect announced plans to impose a 25% tariff on all imports from Canada and Mexico starting 20 January 2025 and increase tariffs by 10% on Chinese goods; there could be more announcements in times to come. These tariffs could impact the dry bulk trade with two potential outcomes. The first …

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