Hafnia Has Sealed Sale And Leaseback Deal Worth $414M

BW Group-controlled Hafnia has sealed a $414m sale and leaseback deal with ICBC Financial Leasing to finance the acquisition of 12 LR1 product tankers from Scorpio Tankers, says an article published in Splash 247. About...

Seaspan Has Placed An Order With CIMC Enric

Canada’s Seaspan has ordered two 7,600m3 LNG bunkering vessels, with an option for a third vessel, from Nantong CIMC Sinopacific Offshore & Engineering, a subsidiary of CIMC Enric Holdings, says an article published in...

Oilex Hoping To Get A CCS Licence From UK Authorities

Australia-based and AIM-listed Oilex, which has been focusing on carbon-neutral gas production in conjunction with carbon capture and storage (CCS), is hoping to get a licence from the UK authorities, which would enable it...

Experts Warn That COVID-19 Testing Is Still Vital

As the United States emerges from the Omicron wave, Covid-19 testing has slowed to a fraction of what it was at the beginning of the year, says an article published in CNN. Fall in home-tests In...

Germany Backs New LNG Plants To Cut Dependency

Germany has revealed plans to build two liquefied natural gas (LNG) terminals in the near future in an effort to reduce its dependence on Russian gas, says an article published in Offshore Energy. This was...

LNG Shipping Stocks: LNG Is A Backup Now

The UP World LNG Shipping Index, the world’s only stock index focused on LNG shipping companies, gained over 4.30% last week. U.S. stocks represented by the S&P 500 Index gained 0.82%, says an article...

Is A Second Cold War Brewing Between China And The U.S ?

China is challenging U.S. dominance over the international economic structure but doesn't possess any danger to the United States' various security partnerships. Despite being the second-largest military spender in the world, China still...

Three Possibilities For How This War Could End

The wired, globalized world has never had to deal with a leader accused of this level of war crimes whose country has a landmass spanning 11 time zones.  To intervene risks igniting the...

[Watch] Why The U.S. Is Falling Behind In Arctic Shipping

Arctic sea lanes might be ice-free in the summertime by 2035, according to scientists. That could mean faster global shipping times, and Russia and China are already taking the lead on their side of...

Vaccine For Bacterial Infection Fails Main Goal In Study

Pfizer Inc said on Tuesday its vaccine to prevent infections from a bacteria that mainly spread through hospitals and doctors' offices and can even prove fatal, failed to meet the main goal of a...