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Lloyd’s List: RUSSIA’S tanker giant Sovcomflot is looking to sell up to one third of its fleet, in a bid to repay loans to western banks and financiers before UK and European Union governments’ wind-down orders take effect ... continue reading
in Tanker and Oil Industry 2052Biggest P&I club no longer has tankers from the Russian government-controlled shipowner entered in its database 31 Mar 2022 Michelle Wiese Bockmann lloydslist.maritimeintelligence.informa.com Thirty-five tankers from Sovcomflot fleet, totalling 3.4m dwt, had been entered with ... continue reading
in Tanker and Oil Industry 5976The Swedish tanker operator Terntank's new product tanker TERN ISLAND arrived at the port of Gothenburg on 10th February, making environmental and maritime history by performing emission-free port operations. This was made possible by a new electric supply hybrid ... continue reading
in Tanker and Oil Industry 1079The last ship in the crosshairs was the Greek flagged ship BOUBOULINA, belonging to Delta tankers ltd. The accusation was made in November 2019. At the time, Delta tankers ltd. had denied any involvement, stating that there was no proof ... continue reading
in Tanker and Oil Industry 1729Greenpeace Central Eastern Europe (CEE) activists painted “Climate Killer” on the newly commissioned LNG facility called LNG Croatia. The objective of the activists was to draw attention to their campaign to stop the use of fossil gas. Greenpeace vessel Arctic ... continue reading
in Tanker and Oil Industry 1513The ExxonMobil commissioned Floating Production Storage and Offloading (FPSO) vessel Liza Unity will be soon reaching Guyana. The Dutch floater specialists, SBM Offshore was given the contract to construct, install and operate the vessel for two years. The 2019 built ... continue reading
in Tanker and Oil Industry 2439Increased uncertainties regarding LNG's future as a sustainable maritime fuel have resulted in the withdrawal of several LNG-fueled vessel purchases, according to an OPEC report. The oil producers’ association OPEC in its newly issued World Oil Outlook 2021-2045 (WOO ... continue reading
in Tanker and Oil Industry 1761The global LNG supply has witnessed a severe crunch just ahead of winters in the Northern Hemisphere. The shortfall has prompted tight competition between Asian and European buyers for LNG cargoes to meet domestic demands. Qatar, which accounts for more ... continue reading
in Tanker and Oil Industry 1179Japan has been the world's biggest LNG market for as long as most people can remember. Decades of LNG expansion in the supply of the country have been driven by utilities and trading firms, which have been the basis ... continue reading
in Tanker and Oil Industry 2899On May 10, 2021, the methanol-dual fueled chemical tanker Takaroa Sun, owned by NYK Bulkship (Asia) Pte. Ltd. participated in what is touted as the world’s first barge-to-ship bunkering of methanol fuel. The bunkering of methanol fuel was conducted ... continue reading
in Tanker and Oil Industry 3467As India faces the second wave of the COVID crisis, partial lockdowns in many parts of the country have resulted in falling consumer demands for LNG cargoes. As a result, many ships bearing LNG cargoes are getting diverted away from ... continue reading
in Tanker and Oil Industry 2756India's First Floating Storage and Regasification Unit (FSRU) arrived at H-Energy’s Jaigarh Terminal in Maharashtra. On Monday, the FSRU Hoegh Giant sailed from Keppel Shipyard, Singapore before being berthed at Jaigarh terminal. As per statements from H-Energy, this ... continue reading
in Tanker and Oil Industry 3979Ever since OPEC countries decide to cut down on oil production, tanker market rates have been on a decline. A maritime crisis, though presumed to be of short duration, has come to the unexpected rescue of tanker owners. How? Let ... continue reading
in Tanker and Oil Industry 4069The talking point in major Indian cities right now is the exorbitant price of oil, which is burning a hole in the pockets of the general population of the country. The government too has taken heed of the situation, trying ... continue reading
in Tanker and Oil Industry 3271FSO Safer has been in the news lately. The reason: IMO's assessment concluded with high oil spill risk from the decaying oil tanker. Iran backed Houthi rebels control Yemen's Northwestern coastline. All efforts made by the UN to ... continue reading
in Tanker and Oil Industry 4071In German waters, the Nord Stream 2 Baltic Sea gas pipeline's construction can continue after the Federal Maritime and Hydrographic Agency (BSH) gave its approval. The previous permit allowed the work to continue starting at the end of May ... continue reading
in Tanker and Oil Industry 3659As the U.S government starts to enter a power transition phase, both Iran and Venezuela are ready and inclined to analyze the outgoing Trump administration in a major gimmick to detour sanctions in a crude and fuel export scheme ... continue reading
in Tanker and Oil Industry 6654After U.S. sanctions sent the oil trade to Venezuela underground for more than a year, Venezuela has resumed direct shipments of oil to China, as per our vessel tracking system's data, and documents from PDVSA. For over a ... continue reading
in Tanker and Oil Industry 4869Novatek-Western Arctic, a wholly owned subsidiary of Russia’s major LNG producer Novatek, completed Russia’s first ship-to-ship LNG transshipment in the Kildin Strait of the Barents Sea. The Arc7 ice-class LNG tanker Nikolay Yevgenov successfully reloaded an LNG cargo ... continue reading
in Tanker and Oil Industry 5328LNG operator Equinor, Norway's largest energy company, could close its Hammerfest facility for up to twelve months for repairs after a fire ravaged the LNG terminal. The fire struck the Norwegian facility on September 28. Company officials conducted an ... continue reading
in Tanker and Oil Industry 4041
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