A U.S.-sanctioned gas tanker that picked up a cargo from Russia’s new Arctic LNG 2 plant this month has been spotted carrying out a ship-to-ship transfer, suggesting Moscow is managing to continue some exports from the project. Monitoring service TankerTrackers.com said in an X post on Monday that the Pioneer had conducted a transfer to …
Tanker linked to Russia’s Arctic LNG 2 spotted in ship-to-ship transfer Read More »
More than two and a half years after Russia’s full-scale invasion of Ukraine, reports have surfaced about the emergence of ‘shadow’ liquefied natural gas (LNG) vessels. Mirroring tactics previously used for oil exports, unknown companies are purchasing and registering old ships in non-sanctioning countries, with their insurance possibly managed by Russian firms. Recent data reveals …
The rise of ‘shadow’ LNG vessels: A new chapter in Russia’s sanctions evasion strategy Read More »
Asian LNG freight is likely to move up in the next few months due to winter demand and the tying down of several ships for term contractual deliveries, several market participants said Aug. 23. Some LNG carriers are now part of a shadow fleet involved in lifting cargoes from Russia’s Arctic LNG-2 project, while others …
Asian LNG freight likely to see uptick going ahead on winter demand Read More »
On August 19, a group of dock worker unions in India encompassing 20,000 members called for a general, nationwide strike starting August 28. The unions’ demands include “pay scale revisions, payment of arrears and protection of exiting benefits”, according to a note reviewed by Reuters. If the unions follow through on their strike plans, the …
Singapore’s cash premium for very low sulphur fuel oil (VLSFO) softened on Monday after rallying to an eight-month high last week, with spot offers easing for September loading dates. The premium was pegged lower at $11.75 per metric ton, though market backwardation continued to widen from the previous session. Singapore’s Sept/Oct VLSFO timespread widened to …
Asia Fuel Oil-VLSFO pares gains as spot offers ease Read More »
La previsión es que las obras arranquen en septiembre con un plazo de ejecución de 8 meses Con un presupuesto de adjudicación de 793.927 euros, cuenta con un 20% de fondos CEF Olga Sánchez Luzón, jefa del Departamento de Infraestructuras de la Autoridad Portuaria de Avilés “Con esta actuación pretendemos recuperar la plena operatividad de …
Trade and employer association Danish Shipping has urged Denmark and the EU to intensify investments in Africa, reflecting on the continent’s ‘enormous potential’ for both green energy and economic growth. The post Shipping industry urges EU to support green transition by investing in Africa appeared first on Offshore Energy.
South Korean shipbuilding major HD Korea Shipbuilding & Offshore Engineering (HD KSOE) is set to […] The post HD KSOE ventures into hydrogen fuel cell market with $80M acquisition appeared first on Offshore Energy.
Norwegian vessel owner and operator Golden Energy Offshore Services (GEOS) has secured a new contract for one of its large platform supply vessels (PSVs). The post Norwegian operator’s vessel remains busy until end of 2024 appeared first on Offshore Energy.
Ocean Installer, part of the Moreld Group, has been hired to handle a subsea tie-back project to an existing floating production, storage, and offloading (FPSO) vessel operating in the North Sea, as part of a new frame agreement for offshore construction. The post North Sea subsea tie-back job enables Ocean Installer to handle ‘key component’ …
