China Signed Record High 22.7 mil mt of LNG Term Contracts in 2021

China signed a record high 22.7 million mt of LNG term contracts in 2021, up 516% year on year, with some contracts starting delivery in 2022, which will boost LNG imports in coming years,...

ANL Conducts First-Ever Container Shipping Biofuel Trial

ANL, a subsidiary of French container and logistics shipping giant CMA CGM Group, has completed the first biofuel trial on a containerised shipping vessel within Oceania, reports Offshore Energy. About the trial The trial, undertaken on...

Best Of Intentions, Worst Of Outcomes

A small dry cargo vessel was in harbour and its engineers were investigating why ballasting operations were taking longer than normal. Their plan was to clean the ballast system’s seawater strainer and then check...

UK’s Sixth Covid Vaccine Approved

A Covid-19 vaccine developed by the French pharmaceutical company Valneva has been given regulatory approval by the Medicines and Healthcare products Regulatory Agency,  Since then the MHRA has approved the Moderna, Oxford/AstraZeneca, Janssen...

The Richest Tech Billionaires Of 2022

  The Nasdaq Technology 100 Index hasn’t been able to sustain its pandemic-fueled highs, dipping 12% in 2022. Collectively, tech billionaires are worth $2.1 trillion, down from $2.5 trillion last year—though their fortunes are...

Launching The New China-Bangladesh Service

The new Bengal service will provide customers with a direct link between South China and Chattogram. The first voyage will deploy MSC Kymea. Rotation of this new service will be Hong Kong –...

A New FLNG Hull Concept Design Developed

The American Bureau of Shipping (ABS) has given its approval in principle (AIP) to a novel design of FLNG (floating LNG) hull created by Kawasaki Kisen Kaisha, Ltd. ("K" LINE) and JGC CORPORATION (JGC),...

Passenger Ship Rams Into Oil Tanker

A passenger vessel had allided with an oil tanker at the Port of Algiers, the oil tanker’s owner mentioned on Sunday during manoeuvring. On 6 April, the Tolga ship was anchored at Guelma’s berth....

China Ports Are Hampered By Lockdowns

Inventory replenishment efforts remain important and necessary for many importers and retailers ahead of the traditional peak season. Shanghai’s hinterland extends much further into the east China delta, and the lockdown consequences extend...

Importers Enraged Over Energy Cost, A Sinking Feeling For Felixstowe

Felixstowe Port is finding new ways to sink into the mire. Surely they should be looking to the carriers to cover these extra costs? The sinkhole is not too bad. The port of Felixstowe...