Equinor To up Gas Production, Cease Russian Oil Trading
Norwegian energy major Equinor has further distanced itself from Russian energy in the wake of Russia’s invasion of Ukraine, while opening additional production from North Sea fields to European customers, reports Rivera.
The official statement
Two...
Dynagas Confirmed as ‘ Undisclosed European Owner’ Of 200,000-m3 LNG Newbuilds
Greece’s Dynagas has been confirmed as the ‘undisclosed European owner’ that booked three 200,000-m3 LNG carriers at Hyundai Heavy Industries, says an article published in Riviera.
About the Contract
BRL Weekly Newbuilding Contracts confirmed Dynagas as...
Bunker Sales Fell In February As Traders Avoided Russia
Premiums of Fujairah-delivered 380 CST HSFO against the FOB Arab Gulf 180 CST HSFO cargo assessment averaged $19.31/mt in February.
The premiums averaged $13.55/mt over March 1-15, according to the data.
Traders said...
High LNG Bunker Prices Yet To Force LNG Dry Bulk To Switch Fuels
High spot LNG prices do not affect investment decisions
Scrubber-fitted ships provide the best returns in the current market
The high LNG bunker prices have not forced LNG-dual fuel dry bulk ships to switch...
Venture Global Pens Long-Term LNG Supply Deals
US LNG firm Venture Global LNG has signed two long-term liquefied natural gas supply deals with compatriot New Fortress Energy, says an article published in LNG Prime.
Sales and purchase agreement
Under the first LNG sales...
Japan To Sell Hout Crude From National Reserves To Stabilize Oil Prices
National oil reserves sales to amount 4.15 mil barrels
Japan starts releasing 7.5 mil barrels as part of IEA joint efforts
Japan plans to sell an additional 300,000 kiloliters, or 1.89 million barrels, of...
[Watch] Hyperlapse Tour Of World’s Largest Cruise Ship
The largest cruise ever built, Wonder of the Seas, set sail on its maiden voyage to the Caribbean from Florida late last week. Royal Caribbean International’s highly-anticipated ship, Wonder of the Seas, welcomes its...
Container Lines Invest In Fleetwide Connectivity & Cyber Security
MSC is investing in higher-speed communications, cyber security and onboard IT systems across its fleet, reports Riviera Maritime Media.
Partners with Marlink
Smart network company Marlink announced it is partnering with MSC Mediterranean Shipping Company, the...
Why US Covid Deaths Rise So Fast For Children?
Covid infections, hospitalisations, and deaths are surging among children in the US, though they still face less risk of severe consequences than any other age cohort, reports Independent.
Deaths among US children
As many as one-third...
Avelios And Crestline Form A Joint Venture In The Boxship Market
Avelios Asset Management, located in the United Kingdom, and Crestline Investors, based in the United States, have teamed up to purchase two scrubbed-fitted, 2,500 teu container feeder boats from London-listed Tufton Oceanic Assets as...