The cost of shipping liquefied natural gas (LNG) from the United States to Asia hit a record high on Tuesday as appetite for the fuel from buyers there and delays through the Panama Canal reduced the amount of ships for hire.Freezing temperatures…
LNG Shipping Rates from US Surge to Record Highs Read More »
Sea ice could create headaches for ship operators even as LNG and bulker players enjoy strong markets
Cold weather prompts warnings on shipping risks in China despite buoyant rates Read More »
Container shipping giant Mediterranean Shipping Company (MSC) said it is working to advance the exploration viability of hydrogen and fuels derived from it as potentially viable fuel sources for its vessels.The initiative is part of the Swiss…
MSC Eyes Hydrogen as Containership Fuel Read More »
Oil hit an 11-month high just below $57 a barrel on Tuesday, bolstered by Saudi Arabia’s plans to limit supply, offsetting worries that rising coronavirus cases globally would curtail fuel demand.Brent crude settled up 92 cents, or 1.7%, at…
Oil Rises to 11-month High Read More »
Custom-fabricated structural bearings are being introduced by Hercules Engineering for extremely high stress applications in structures requiring outstanding load-bearing performance, even in compact or wet spaces in applications such as ports loaders…
Tech File: H-Glide Structural Bearings for Extreme Environs Read More »