Cosco Shipping Lines skips Middle East Gulf amid Iran conflict
Chinese shipping giant orders Middle East-bound vessels to slow down, stay put, or seek safe waters
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VLCC forward agreements hint at record spot rates as Iran conflict hits freight market
Already strong market is set to get stronger, brokers say
VLCC forward agreements hint at record spot rates as Iran conflict hits freight market Read More »
Hormuz shutdown ramifications: Oil price hike to hit $100 as Asia-Europe LNG battle looms
As the closure of the Strait of Hormuz, through which 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows, evokes fears of a major energy shock, analysts at Wood Mackenzie, an energy intelligence group, have warned that oil pri…
More LNG for Europe as MET Group and Shell expand their long-term cooperation
MET International, the trading and wholesale arm of Switzerland-headquartered energy company MET Group, and […]
The post More LNG for Europe as MET Group and Shell expand their long-term cooperation appeared first on Offshore Energy.
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QatarEnergy halts LNG production after Iranian drone hits Ras Laffan
LNG carrier rate assessments jump as market gets jittery
QatarEnergy halts LNG production after Iranian drone hits Ras Laffan Read More »