The the international shipping associations representing shipowners Baltic and International Maritime Council (BIMCO) adopted a Sea Traffic Management (STM) Clause-clause for standard contracts.STM Clause is the nine industry actors launched a new comm…
BIMCO Adopts STM-Clause Read More »
China’s imports of liquefied natural gas (LNG) in November surged to a new record as the country briskly promotes the green fuel to clean its energy mix, said a report in Xinhua.In November, LNG imports totaled 5.99 million tons hitting a new record…
China’s LNG Imports Hit Record High Read More »
Ratings agency says both shipowners’ leverage is likely to remain high for a number of years.
Moody’s concerned over debt levels at MOL and NYK Read More »
Paris-based Maurel & Prom announced that it has acquired Shell Exploration and Production Investments’ 40% interest as Shareholder B in Petroregional del Lago Mixed Company, which operates the Urdaneta West field in Lake Maracaibo, Venezuela.Maurel…
Maurel & Prom Buys Shell’s Stake in Venezuela Read More »
Latest deal follows similar contracts with American firms Venture Global and Cheniere Energy.
Poland’s PGNiG signs third US LNG supply deal Read More »