Mysterious Bacteria: Nature’s First Responders To An Oil Spill

Ocean bacteria in the Canadian Arctic is capable of biodegrading diesel and oil, according to a new study, reports EuroNews. The Unexpected microbes Scientists at the University of Calgary found “unexpected” microbes in the icy waters...

Gail Issues Tender To Buy & Sell LNG

Gail (India) (GAIL.NS) has issued a tender seeking to buy a liquefied natural gas (LNG) cargo for delivery into India and offering a cargo for loading from the United States, reports Reuters. Tender info It is...

Port NOLA and Cleancor Sign MOU On LNG Fueling Solutions

CLEANCOR Energy Solutions, a subsidiary of SEACOR Holdings and The Port of New Orleans, have signed a memorandum of understanding (MoU) to collaborate on solutions to provide liquified natural gas (LNG) bunkering to ship...

Capesize Freight Rates From Brazil To China at Decade High

Capesize Brazil to China rate at decade high as ship supply tightens freight up on spike in Brazil iron ore demand Capesize freight rates on the key iron ore route from Brazil into China...

Contour Partnership with GSBN to Drive Digitisation Across Global Shipping Industry

Digital trade finance network Contour has partnered with the Global Shipping Business Network (GSBN) to offer an end-to-end digital solution for all participants involved in trading, financing and shipping goods around the world, says...

Carriers’ Schedule Recovery Troubled, Worsening Port Congestion

Alliance networks operating between Asia and North Europe are experiencing delays of up to a month due to worsening port congestion at both ends of the tradelane. Asia-North Europe loops with a pro-forma...

UECC To Upgrade its Fleet with Low-carbon Vessels

UECC’s ambitious effort to upgrade its fleet with low-carbon vessels remains on track with the launch this week of the second in a series of three LNG battery hybrid newbuilds at a Chinese yard,...

Oil Prices Fall Amid Rising Dollar, Longest Run of Losses

Oil fell for a fourth day, marking its longest run of losses since March, pressured by a rising dollar and economic data illustrating the U.S. recovery’s uneven path, says a news source from World...

ABS To Approve FPSO for Lu Feng 12-3 Oilfield

An FPSO vessel ordered by China National Offshore Oil Company Energy and Technology Services Company (Cenertech) to serve the Lu Feng 12-3 oilfield will be built to ABS Class. The 100,000 DWT FPSO...

Raven SR Makes A $20-million Strategic Investment

Raven SR Inc., a waste-to-fuels company, closed a $20-million strategic investment from Chevron USA, ITOCHU, Hyzon Motors and Ascent Hydrogen Fund. Raven SR plans to build modular waste-to-green hydrogen production units and renewable synthetic...