Nanjing Tanker splashing out $137m on tankers at Dalian Shipbuilding
Chinese shipowner has a total of six LR1 tankers on order at domestic shipyards
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September 2025
Third Eye puts Parakou Tankers’ owner in the crosshairs as legal battle gets personal
Canadian firm wins court injunction allowing it to go after Por Liu’s assets to satisfy arbitration award
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Better Together: United Nations Turns 80
The United Nations is celebrating 80 years this year, and this week’s general assembly is meeting under the theme: Better together: 80 years and more for peace, development, and human rights.The UN Charter was signed on June 26, 1945, and came into for…
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Uncertainty Reduces New Oil and Gas Investment
Several news items this week highlight the potential consequences of uncertainty in the energy market.Fugro scrapped its annual outlook and announced further job cuts, citing an impact from project delays. The company said that projects in the…
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Chinese Companies Order Methanol-Fueled VLOCs
Qingdao Beihai shipyard has ordered 10 × Everllence B&W 7G80ME-LGIM (Liquid Gas Injection Methanol) Mk 10.5 engines in connection with the construction of 10 × 325,000 dwt very large ore carriers (VLOC) for Chinese shipping companies, Shandong…
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