The Suez Canal, the SUMED pipeline, and the Bab el-Mandeb Strait are strategic routes for Persian Gulf oil and natural gas shipments to Europe and North America. Total oil shipments via these routes accounted for about 12% of total seaborne-traded oil …
Red Sea chokepoints are critical for international oil and natural gas flows Read More »
A potential increase in EU-approved ship recycling capacity in India’s Alang region, could be a significant shift in the market next year. In its latest weekly report, shipbroker Clarkson Platou Hellas said that “the ‘possible positive’ report circulat…
Ship Recycling: Will There Be a Rise in EU-Approved Rise in Yard Capacity? Read More »
Ship owners are encountering new levels of complexity as previous ship designs are modified to integrate new clean technologies and adopt alternative fuels. In this scenario, it is essential that they select a design partner who can consult effectively…
Designing future-proof vessels towards net zero Read More »
LNG offers many benefits as a transitional ship fuel. However, certain engine types have been found to release significant amounts of unburnt methane, a powerful climate gas. DNV is involved in various projects aiming to minimize methane slip. Methane,…
Addressing methane slip in LNG-burning four-stroke Otto-cycle engines Read More »
Tanker ordering has picked up this year, however it seems that supply will remain low, compared to demand. In its latest weekly report, shipbroker Gibson said that “2023 has seen a notable increase in new tanker ordering activity and as the year slowly…
Tanker Newbuilding Activity in 2023 Focused on Aframax/LR2 Ships Read More »