VLCC demand to take a hit after Iraqi storage tank suffers fire
Blaze took place at country’s biggest oilfield, Rumaila
VLCC demand to take a hit after Iraqi storage tank suffers fire Read More »
February 2025
Russia Seaborne Diesel Exports Rise
Russia’s seaborne diesel and gasoil exports rose almost by a quarter in January from December as traders sought to increase supplies before new U.S. sanctions come into effect and amid seasonal low domestic demand, LSEG and market sources data show.The…
Russia Seaborne Diesel Exports Rise Read More »
ITM Power to work on 10 MW hydrogen production plant design configuration
UK’s electrolyzer manufacturer ITM Power has been contracted by an undisclosed European energy company to jointly develop a standard design configuration for a 10 MW green hydrogen production plant.
The post ITM Power to work on 10 MW hydrogen product…
ITM Power to work on 10 MW hydrogen production plant design configuration Read More »
Hapag-Lloyd Closes $4B Financing for 24 New Container Ships
Container shipping firm Hapag-Lloyd has secured long-term financing, in the amount of $4 billion, for 24 large container ships ordered in October 2024, with a combined capacity of 312,000 TEU.Around $900 million of the purchase price will be financed u…
Hapag-Lloyd Closes $4B Financing for 24 New Container Ships Read More »
Saipem getting an assist from ABL at gas project offshore Africa
ABL, part of Oslo-listed energy and marine consultancy ABL Group, has been hired to support Saipem, an Italian engineering, drilling, and construction services giant, with the development of a natural gas project off the coast of Libya, North Africa.
T…
Saipem getting an assist from ABL at gas project offshore Africa Read More »