Dominated by new US volumes, LNG trade is expected to increase by 10% per annum from 290 million tons in 2017 to around 388 million tons in 2020, said Golar LNG.According to industry analysts, ton mile demand is expected to increase by 40+% over the sa…
LNG Trade to Increase by 10% to 388 million tons in 2020 Read More »
Golar LNG Limited confirmed that FLNG Hilli Episeyo continues to operate with 100% commercial availability.Currently in the process of exporting its 10th LNG cargo, the vessel’s proof of concept continues to add momentum to both existing and new opport…
FLNG Hilli Episeyo Operates in Full Capacity Read More »
Footage shows violence involved when a line breaks on big vessels.
VIDEO: MSC Ajaccio breaks mooring rope in storm Read More »
The VLCC tanker market has had a good run of late, but could be headed for a correction in the coming days. In its latest weekly report, Affinity Research said that “the rally of the VLCCs continued throughout this week as well, where TD3C and TD15 rea…
VLCC Tanker Market Could be Headed for a Slowdown Read More »
Tanker owners have experienced similar problems to the container liners with this year’s jump in bunker costs. The owners have struggled for much of 2018 as rising bunker fuel prices squeeze daily earnings, with shipowners often barely covering operati…
Shipowners Marooned By Rising Bunker Prices Read More »