Panama LNG Transits Drop 30% in December Amid Atlantic Diversions

Interbasin spreads helped shift trade flows January sees Asia buying appetite pick up LNG transits via the Panama Canal plunged 30% in December as Pacific-bound cargoes diverted to the Atlantic to feed strong demand...

This Shipping Giant Runs Out of Green Fuel To Power Its Eco-vessels

Maersk can’t find enough green fuel to power its carbon-neutral ships, reports Quartz. Scarcity of green methanol On Jan. 10, Maersk confirmed that it had ordered four more carbon-neutral container ships, on top of the eight...

Global Pandemic To Impede Tanker Market in 2022?

The swift reintroduction of international travel bans to stem the spread of the Omicron variant of COVID-19 has derailed the already faltering turnaround in rates and earnings for the global tanker market, reports Lloyd's...

China Jails 3 People for Upto 4 Years Over COVID Breaches

China has despatched three folks to jail for as much as 4-plus years over breaches of guidelines that led to a virus outbreak, in a single of the harshest punishments for lapses in imposing...

China’s Natural Gas Demand, LNG Import Growth To Slow

China's natural gas demand will continue to rise in 2022, but the growth rate is expected to be slower than that in 2021, dampened by economic pressures and high spot LNG prices, analysts and...

Crude Oil Futures Extend Strong Overnight Gains

Crude oil futures continued rising in mid-morning trade in Asia Jan. 12, extending an uptrend from the overnight session, as investors remained bullish on the outlook for oil amid supportive remarks from US Federal...

Expert’s Advice on Fitness for 2022

Looking back on yet another year of navigating life through a pandemic, you might feel as though fitness remained on the back burner or that you generally didn’t get to move as much as...

Largest LNG Bunkering Barge’s Construction has Begun!

Fincantieri Bay Shipbuilding announced it has started construction on the largest LNG bunkering barge ever built in the U.S. The new build, expected to be completed in late 2023, is being built for...

Scrubbers’ Use Boosts HSFO Even As Cleaner Fuels Emerge

  Hi-5 spread supports scrubbers installations COVID-19 related hurdles, transparency, margins squeeze hurt industry Decarbonization talks gaining momentum; fossil fuels to still dominate Shipping's tryst with scrubber installations continues to find favor as the Hi-5...

Here Are Some of The Fascinating Gadgets from CES2022

People who attended in person—or logged on to the virtual announcements—were treated to innovations ranging from BMW’s color-changing SUV to Razer’s cutting-edge modular PC concept, reports Time. About CES 2022 As COVID-19 cases continue rising due...