New Record for Daily Volume Set By LNG Exporters In US
With U.S. domestic natural gas trading at the highest prices seen since 2014, America's LNG exporters are ramping up gas exports at a record rate.
It therefore sends cargoes overseas for consumers in...
China, Soon The Major Player In Global LNG Market
Chinese firms are set to become a major trading force in the global liquefied natural gas market in coming years.
Thanks to liberalisations at home and recently signed long term contracts for record...
Ichthys Project Ships 117 LNG Cargoes In 2021
Japan’s Inpex said its Ichthys export project in Australia has shipped 117 LNG cargoes in 2021, down by five cargoes when compared to the year before.
Besides LNG cargoes, the 8.9 mtpa LNG...
FMC To Investigate PierPass Overcharge
The nation’s top international ocean shipping regulator wants to investigate whether West Coast terminal operators are taking advantage of supply chain disruptions by gouging shippers on rates charged for off-peak terminal gates, reports FreightWaves.
Launching...
Asia Middle Distillates: Key Market Indicators for Feb 14-18
Asian middle distillates is expected to maintain a bullish outlook for the Feb. 14-18 trading week amid prevailing tight supply and upcoming maintenance in Northeast Asia supporting sentiment, reports Platts.
At 10:00 am Singapore time...
What Will Be The Consequences Of Ukraine-Russia War?
Tensions between Russia and Ukraine show no sign of abating, with thousands of Britons being urged to flee Ukraine immediately over growing concerns a war could break out in the coming days, reports i...
Singapore January Bunker Sales Lose 10.4% on Year
Bunker demand in Singapore, the world's largest marine fuels hub, declined on both a yearly and monthly basis in January to the lowest level since September, reports Ship&Bunker.
VLSFO sales slip
The city-state's total demand slipped...
COVID Takes A Toll on The British Royal Family!
Camilla, Duchess of Cornwall has tested positive for COVID-19 four days after her husband Prince Charles was confirmed to be infected with the coronavirus, the couple’s office said Monday, reports AP News.
The royal family’s...
Meyer Werft Launches Disney’s First LNG-fueled Vessel
German cruise shipbuilding group Meyer Werft has launched Disney Wish, the first LNG-fueled vessel for U.S.-based Disney Cruise Line.
The Disney Wish is the fifth ship in the Disney Cruise Line fleet and the first...
Hyundai Veteran To Head HMM
Hyundai Motors veteran Kim Kyung-bae, 58, has been nominated to be HMM’s next CEO, reports the Loadstar.
He was selected to succeed Bae Jae-hoon by HMM’s bankers, who have been controlling the company since a...