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Damaged Russian Tanker Drifts Towards Libyan Shores, Only Days Away
A damaged Russian LNG tanker that has been drifting unmanned in the Mediterranean for more than two weeks, risking a major ecological disaster, is four to six days from Libyaâs shores, an Italian official said on Friday.The Arctic Metagaz, carrying LNG from the Arctic port of Murmansk, has been unmanned since early March, when it was hit by Ukrainian naval drones, according to Russia's Transport Ministry.Kyiv has not claimed responsibility for any such attack.The tanker is currently in internati
New Fuels Studies Still Require Apples with Apples Comparisons
It was back in 2022, that industry group SEA-LNG said: The industry is making newbuild investment decisions now that will impact greenhouse gas emissions today and for the next 25-30 years, the typical lifetime of a vessel. It is essential their assessments of alternative marine fuel pathways are made on a like-for-like, or âapples with applesâ basis.The issue was that discussion of alternative fuelsâŠ
First Hydrogen-Fueled Cruise Ship Launched
Fincantieri has launched what it says will be the worldâs first hydrogen-powered cruise ship. Viking Libra was floated out at the companyâs Ancona shipyard in Italy and is being built for cruise operator Viking, with delivery scheduled for late 2026.At approximately 54,300 gross tons and 239 meters long, the ship will accommodate up to 998 passengers across 499 cabins, consistent with Vikingâs small-ship positioning.
Energy Prices Jump After Iran Attacks Qatar LNG Plant
Energy prices surged on Thursday after Iran struck the worldâs largest LNG complex, causing damage that Qatar said could take five years to repair, as the energy sector's worst fears about the war launched by the U.S. and Israel on Iran came true.QatarEnergy CEO Saad al-Kaabi told Reuters the state-owned gas company may have to declare force majeure on long-term contracts to Italy, Belgium, South KoreaâŠ
Green Ammonia Shines When Regulation is Considered, says study
A new analysis from WinGD and Envision Energy suggests something the maritime industry has been debating for years ... and likely will be debating for many years to come: the changing economics of zero-emission fuels.For shipowners, the significance is straightforward. The conversation is shifting from if green fuels can compete to when â and in some cases, that answer may already be ânow.âOn a pure fuel-cost basisâŠ
Iranian Oil Facilities Under Attack, Site Evacuations Advised
Iranian gas facilities in the Gulf came under attack on Wednesday, state media reported, prompting Tehran to say it would target a range of energy installations across Saudi Arabia, the United Arab Emirates and Qatar "in the coming hours".Oil prices jumped on the news, with Brent crude futures gaining more than 6% to a session high just shy of $110 per barrel.The attacks on Iran's energy industry inâŠ
Flex LNG Secures Long-Term Vessel Extensions, Contract Backlog
Flex LNG Ltd. has secured new long-term charter extensions for two LNG carriers while confirming the start of a major multi-year contract for another vessel, further strengthening its forward revenue visibility.The company said a supermajor charterer has exercised a second extension option for the Flex Resolute and Flex Courageous, adding 730 days to each contract and extending their employment through the first quarter of 2029.
Onboard Fuel Reforming System Pilot Planned for Multi-Fuel Engines
lomarlabs has entered a collaboration with Blaze Energy to pilot a third-generation, compact, engine-integrated fuel reformer designed to accelerate the practical adoption of alternative fuels in commercial shipping.The collaboration will culminate in a pilot installation onboard a Lomar vessel, enabling Blaze Energy to validate its multi-fuel reforming system, under real marine operating conditions.
Americaâs Ports, Harbors, and Waterways: Dredging, Resolve and the Will to Build
Americaâs maritime infrastructure is measured in draft depth, vessel clearance, sediment management, and days available to dredge. If the United States is serious about competing in a century defined by supply chains, energy exports, and sealift readiness, then ports, harbors, and waterways must move from being in the background to becoming part of the national strategy.The Dredging industry and it importance to the U.S.
Oil Production Impacts in the Middle East
Most western oil and gas majors have significant operations in the Middle East, where the U.S.-Israeli war on Iran has disrupted oil and gas shipping and halted some output.France's TotalEnergies, which has the biggest upstream exposure to the region compared with its global output, has said some 15% of its production is offline due to the war.Here are some details on the majors' production in the Middle EastâŠ
Volatility Challenges Ship Recyclers
As oil started to climb, freight followed suit, continuing to feed the already rising global inflation picture, while the U.S. Dollar wore the crown jewel of the week, rising notably against all of the major international ship recycling markets, says cash buyer GMS. At the same time, local steel plate prices saw another volatile week across several recycling destinations as currency fluctuations andâŠ
Indian LPG Sales Trickle Due to Hormuz Shipping Disruptions
Indian state fuel retailers' sale of liquefied petroleum gas (LPG) slowed in the first half of March, preliminary data showed, as the country reels from its worst LPG crisis in decades due to shipping disruption in the Strait of Hormuz.India buys about 90% of its imports of LPG - mainly used for cooking - from the Middle East and its supplies have been disrupted after traffic through the strait ground to a near standstill in the wake of the U.S.-Israeli war on Iran.State fuel retailers Indian Oi
Stolt-Nielsen, NYK Line Form JV in Avenir LNG
Stolt-Nielsen Limited and Nippon Yusen Kabushiki Kaisha announced that, through Stolt-Nielsenâs subsidiary Stolt-Nielsen Gas Ltd., Stolt-Nielsen has entered into a share purchase agreement to sell 50% of Avenir LNG Limited to NYK Line. Avenir LNG was founded in 2017 and has grown into a leading player in the liquefied natural gas (LNG) bunkering sector, operating a global fleet of LNG bunker vessels.With this partnershipâŠ
Reopening Energy Markets is in Iran's Hands, for now
When Saudi Aramco told its oil buyers in a letter this week that it had no clear idea which port it would use for April exports, it laid bare a new reality: Iran, not the United States, holds the key to reopening the global energy market.The letter, sent to Saudi oil buyers around the world, said they might receive oil from the Red Sea, but they might still get it from the Gulf."I might as well call Iran to find out when this war ends so I can get my oilâŠ
Orlen Takes Delivery of Two LNG Carriers
The Orlen Group is expanding its capacity to transport LNG with the naming ceremony for two 174,000 cubic meter LNG carriers from Hanwha Ocean shipyard. The vessels will enhance the stability and flexibility of gas deliveries to Poland and strengthen the regionâs energy security. Each new ship can deliver enough gas in a single voyage to supply as many as two million households.âOrlen is investing continuously in the energy security and independence of both Poland and the wider region.
Heavy Lift Ship Delivers Heaviest Woodfibre LNG Facility Module
Woodfibre LNG has welcomed one of the most important modules of its facility to site as the liquefaction module arrived aboard the specialized heavy cargo vessel Red Zed 1. The liquefaction module is the 15th module to arrive at site as the project moves closer to construction completion.Weighing 10,847 metric tonnes, it is the heaviest module to become part of the future Woodfibre LNG facility. Occupying a footprint roughly the size of a football fieldâŠ
Singapore Bunker Sales Eased in February
Marine fuel sales in Singapore softened in February after two months of strong seasonal volumes, according to the latest data from the Maritime and Port Authority of Singapore (MPA), while trade sources said demand has strengthened in the first half of March. Volumes in Singapore, the world's largest refuelling hub, totalled 4.67 million metric tons in February, down 10.6% from prior month, but climbedâŠ
Additional LNG Exports from Plaquemines LNG Approved
U.S. Secretary of Energy Chris Wright has authorized an immediate 13% increase in exports at Venture Globalâs Plaquemines LNG Terminal in Louisiana.The authorization allows additional exports of up to 0.45 billion cubic feet per day (Bcf/d) of U.S. natural gas as LNG to non-free trade agreement (FTA) countries from the Plaquemines LNG Terminal.Plaquemines LNG is now authorized to immediately exportâŠ
Bio-Methanol Gaining Traction as Alternative Fuel
This week, CMA CGM and SIPG Energy successfully completed the bunkering of 3,643 tons of bio-methanol for the CMA CGM Osmium at Yangshan Port in Shanghai. This operation marks CMA CGMâs first bio-methanol bunkering worldwide and sets a new national record for the largest single bio-methanol bunkering operation carried out at a Chinese port.As part of its commitment to achieving Net Zero Carbon by 2050âŠ
Report: LNG and Methanol Divert Investment from Decarbonization Pathway
LNG and methanol create path dependencies that divert investments from shippingâs long-term decarbonization pathway, a new study by UCL academics finds.While LNG and methanol use as alternative fuels generate some knowledge spillovers and procedural regulatory learning useful for green ammonia, the main scalable zero emission shipping fuel, these benefits are likely outweighed by capital lock-in and the entrenchment of fossil fuel infrastructureâŠ
Icebreaking LNG Carrier Vladimir Rusanov on Ice Trials
Maritime Reporter TV Interviews Timo Koponen, Wärtsilä
Digitalization Driving Safety in the Maritime Sector
Video: LNG Carrier Transits the Northern Sea Route
Designer seeks permit to send out United States gas to Mexico for LNG exports
Crowley Christens LNG-Powered ConRo
Pasha Hawaii Brings LNG Containerships Online
Inside Crowley's Commitment Class ConRo Ships
Maritime Reporter TV Interviews Leif Gross, Caterpillar
Enhancing Gas Carrier Reporting and Reducing Crew Burden with ABS Wavesight Nautical Systemsâą Voyage Manager
