Singapore hedge fund hikes position in US-listed tanker shares
Frontline becomes Pinpoint’s seventh-biggest investment in New York-listed equities
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Ship Recycling Markets Remain Firm With Bangladesh Leading
Despite challenging overall conditions, the ship recycling markets remained firm, with a clear edge from Bangladeshi recyclers. In its latest weekly report, Best Oasis (www.best-oasis.com), a leading cash buyer of ships, said that “the Indian local mar…
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Hormuz oil shock tilts shipping towards alternative fuels
Alternative fuels more attractive now as oil shoots higher The Middle East conflict and blockade of the Strait of Hormuz have disrupted oil supply and pushed shipping fuel prices, like marine gas oil (MGO), sharply higher. In this environment, fuel str…
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Hormuz LNG breakthrough: Four LNGCs eye the exit
On 11 May, Al Kharaitiyat broke through Hormuz, heading for Port Qasim — the first Qatari LNGC to test supply resumption. The Q-flex LNGC loaded the cargo at Qatar’s Ras Laffan, igniting the discussions over supply resumption through the Strait of Horm…
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Upstream Oil, Gas Dealmaking in the US Hits Two-Year High
Dealmaking in the U.S. upstream oil and gas sector jumped to $38 billion in the first quarter of this year, marking the highest quarterly total in two years, analytics firm Enverus said on Wednesday.Shale producer Devon and smaller rival Coterra…
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