Greek shipowner Metrostar fixes out newbuilding for five years as tanker market tactics shift
Trader Glencore is also active in MR period market, with brokers noting more interest in term deals as spot rates rise
February 2024
Eastern Pacific Shipping completes 150th LNG bunkering
Singapore-based ship management company Eastern Pacific Shipping (EPS) has completed its 150th liquefied natural gas (LNG) bunkering operation.
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Can plunge in Suez Canal earnings prompt Egypt to broker peace to end Red Sea crisis?
The escalation of attacks on commercial ships in the Red Sea by the Houthi […]
The post Can plunge in Suez Canal earnings prompt Egypt to broker peace to end Red Sea crisis? appeared first on Offshore Energy.
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DNV Confirms Energy Efficiency Gains for LNG Carries with DFE+ Propulsion
New Dual Fuel, Electric+ (DFE+) concept, developed by ABB and MAN Energy Solutions, has been recognized by DNV as a more energy efficient alternative to current conventional designs for liquefied natural gas (LNG) carriers.DNV has quantified…
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What Aramco’s major oil capacity pivot means for VLCC owners
Saudi Arabian oil giant’s about-face on maximum sustainable capacity hike will take time to play out
What Aramco’s major oil capacity pivot means for VLCC owners Read More »