The project will use an Adnoc Logistics & Services-chartered LNG carrier that has been converted into a floating storage unit
AG&P poised to fire up first Philippines FSU-based LNG import terminal Read More »
The Biden administration on Monday proposed offshore drilling safety measures that it said would help prevent oil spills and protect workers and the environment.The proposal aims to restore safety provisions put in place by the Obama administration…
US Seeks to Restore Safety Rules Sparked by Gulf Oil Spill Read More »
The tanker market could be headed for additional support down the line. In its latest weekly report, shipbroker Intermodal said that “while the energy markets are historically stretched, Russian flows of crude oil are closely monitored as the oil trade…
Tankers: Further Support Could Be Found Down the Line Read More »
Highlights – The Baltic Exchange Dry Index (BDI) peaked in late May and has since fallen sharply as lower Chinese demand and adverse global economic developments have impacted expectations. – The IMF has lowered its global economic growth forecast to 3…
Dry Bulk Market: EU’s ban on Russian coal lifts demand despite economic headwinds Read More »
Following a contraction in output of newbuild 20ft shipping containers in 2021, ordering has recovered strongly this year, and contrary to popular opinion Drewry expects its share of the global container equipment fleet to remain above 25% for the fore…
Talk of phasing out the humble 20ft shipping container is misplaced Read More »