$12.2 Billion Worth LNG Orders for Samsung
The year is not over yet for South Korean shipbuilder Samsung Heavy Industries (SHI) as it received an order for the construction of a liquified natural gas (LNG) carrier.
On 24 December, SHI...
TS Lines Makes A Notable Fleet Expansion
A news article published in the Maritime Network states that TS Lines adds to its 7,000 teu series.
An order for pair of 7,000 teu containerships
TS Lines of Taiwan has placed an order for a...
$1.2M Worth of Diesel Stolen, Tanker Crew Accused
Fuel theft is a classic form of maritime piracy, and it was common in Southeast Asia and the Gulf of Guinea for many years.
But rarely did it involve the active participation of...
2021’s Most Read Stories in Tanker Shipping & Trade
Riviera Maritime Media looks at the most read stories from the year to revisit the topics that revealed as key issues in the maritime industry in 2021.
Challenging supply-demand picture
Tanker Shipping & Trade readers will...
US Watchdog Calls for Better Monitoring of State-funded Carbon Capture
The U.S. Government Accountability Office (GAO) has advised that further actions are needed to improve the manner in which the Department of Energy (DOE) is managing the funding of carbon capture and storage (CCS)...
Crude Imports Hit 10-month High Amid Strong Demand
India's November crude imports up 7.5% on month
India, China to drive growth in 2022: Platts Analytics
Refiners expect crude prices to remain firm in 2022
India's crude imports in November reversed a declining...
Shipping Demand To Spike Amid Rising Demand for Coal & Oil
The world is unlikely to see a return to pre-COVID-19 levels of shipping, projecting a minor peak in roughly 2030, and then a decline before it flattens out again, reports Clean Technica.
Path to decarbonization
In...
Nearly $100b Stolen in COVID Relief Funds, Says US Secret Service
Criminals have stolen close to $100 billion in pandemic relief funds, the U.S. Secret Service said.
The stolen funds were diverted by fraudsters from the Small Business Administration’s Paycheck Protection Program, the Economic...
NYK and GAIL Sign Deal For Charter of LNG Carrier
Further Accumulation of Stable Freight Rate Businesses and the Stable Supply of LNG.
NYK signed a multi-year time-charter contract with GAIL (India) Limited, India's largest natural gas company, for a liquefied natural gas...
Container Ship Crashes Into Wharf At Port
A container ship appears to have sustained serious damage after crashing into a wharf at Taichung Port this morning, Sunday, December 26.
Taichung Port authorities said that the container ship Asiatic Sun crashed...