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The ship named “Hai Yang Shi You 301” was converted from an LNG gas carrier to an LNG bunker vessel. This is currently deemed to be the largest LNG bunker vessel in the world. The vessel was created for the ...

British Insurers are forbidden by the UK Treasury to provide insurance coverage to ships carrying Russian oil cargoes from December 5th, 2022. This also means that ships registered in European state or carrying P&I insurance from an EU or UK-based ...

Sovcomflot, Russia’s largest shipping company, and Gazprom Neft, a Russian oil company, carried out their first ship-to-ship LNG bunkering operation at the port of Ust-Luga. This marks the first domestic LNG bunkering operation in Russia's transport history. Gazprom Neft’s bunker ...

Protestors from Greenpeace blocked the LNG carrier Coral Energice from unloading LNG at the Port of Röyttä in Finland. On September 17th, the arrival of Coral Energice was delayed for 24 hours by Greenpeace activists. The protest was an attempt ...

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 on May ...

Biggest 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 North of England P&I Sovcomflot ...

The 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 system ...

The 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 ...

Greenpeace 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 ...

The 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 ...

Increased 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) states ...

The 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 ...

Japan 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 of ...

On 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 in ...

As 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 ...

India'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 would become ...

Ever 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's ...

The 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 ...

FSO 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 assess and ...

In 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 2021 ...