Enbridge Inks $3b Deal To Add Oil Export Capacity
Enbridge Inc., the Canadian pipeline giant, agreed to acquire a smaller U.S. rival to add export capacity on the Gulf Coast, says an article published in Reuters.
Moda midstream
The company is buying Moda Midstream...
Covid New Waves: Japan Curbs Extended
Japan's government decided Thursday to extend the COVID-19 state of emergency again for Tokyo and many other areas where hospitals remain stretched, while adopting a plan to ease restrictions on traveling and large events...
MOL Inks ‘Transition Loan’ Contract for 2 LNG-fueled Ferries
TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Takeshi Hashimoto; Headquarters: Minato-ku, Tokyo) today announced the conclusion of a syndicated "Transition Loan" for two LNG-fueled ferries the Sunflower Kurenai and the Sunflower Murasaki, says...
Be Vaccinated Or Face Mandatory Weekly Testing
Biden signed an executive order requiring all government employees to be vaccinated against Covid-19.
Large firms will be mandated to provide paid time off for employees to be vaccinated.
Officials expect that the...
UP World LNG Index Surge Continues
The UP World LNG Shipping Index, the world’s only stock index focused on LNG companies, gain 4.26% last week. US stocks represented by the S&P 500 Index gain 0.58%.
UP index growth
The UP Index continues...
‘Ammonia-fuel Ready LNG-fueled Vessel’ Concept Design Launched
NYK, MTI Co. and Finnish maritime consulting and engineering firm Elomatic Oy are developing a concept design for an ‘ammonia-ready’ LNG-fuelled vessel, says a press release published on their website.
ARLFV design concept
Nippon Yusen Kabushiki...
Oil Up By 1% Amid Slow Supply Return
About 80% of U.S. Gulf production still offline Tuesday
Refineries resuming operations quicker
Protests block two Libyan ports, engineer says
Oil prices jumped on Wednesday and settled up more than 1% as U.S. Gulf...
Panama Leads In Bulk Cargo Vessel Registration
The Panama Ship Registry is the largest in the world since 1993. This year, most of the vessels that entered the Panamanian registry were bulk carrier vessels, says an article published in Marine Line.
Contributing...
China’s First Autonomous Boxship To Enter Service
AV Zhi Fei, the first Chinese autonomous boxhip is ready to enter service, by as early as the next month, on a short-sea route, which connects Dongjiakou to Qingdao, says an article published on...
South Korean Shipyard Lag Behind Chinese Rivals in April
New shipbuilding orders totaled 1.37 million CGT (47 ships) worldwide last month and 0.78 million CGT (16), 0.37 million CGT (23) and 0.19 million CGT (7) went to South Korean, Chinese, and Japanese shipbuilders,...