Rising LNG Prices Pushes Algonquin City-gates Benchmark
New England gas benchmark Algonquin city-gates has seen its winter 2021-22 contracts climb higher this summer.
As the location's limited gas pipeline inflow capacity exposes it to bullish expectations for global gas prices.
...
DSIC Delivers 6th 115,000DWT Tanker To Maersk
On August 18, China Shipbuilding Trading and Dalian Shipbuilding Industry delivered another 115,000DWT crude/product tanker "MAERSK SIMONE" to Maersk Tankers.
The ship is the sixth ship of Maersk's 115,000DWT crude/product tankers undertaken by...
ZIM Posts Blockbuster Earnings of $888 Million for Q2 2021
Israeli ocean carrier ZIM blew away all the analyst forecasts, posting blockbuster earnings for its second quarter and revealing a massive increase in its full-year guidance.
ZIM has moved fast to squeeze the...
Crude Oil Reaches 6% Weekly Dip Amid Further COVID Restrictions
With concern about the demand impact of the Covid Delta variant in overdrive, it's unclear why crude prices on Friday deviated from the recent norm and, albeit minimally; however, the rise wasn't enough to...
Port Congestion Ties Up 16% of the Global Dry Bulk Fleet
With capes closing in on the $50,000 per day mark, something not seen since June 2010, an important driver in today’s hot dry bulk market is not demand, but congestion, reports Splash247.
While Splash has...
Panama Canal Maintenance To Hinder Transit Capacity
Maintenance at Miraflores locks planned for Aug. 29-Sept. 10
Delays could extend to 14 days for non-booked ships
Tanker owners resist voyages through canal in long delay environments
Planned maintenance at the Panama Canal’s...
Chair of UK Hydrogen Group Dissolves Over Blue H2 Support
The chair of the UK Hydrogen and Fuel Cell Association (UK HFCA) has quit, saying he cannot support the body’s support for so-called “blue hydrogen.”
‘Blue hydrogen is at best an expensive distraction,...
‘Great Opportunity’ For Lower-Emission Oil Output in Brazil
Exxon sees 'great opportunity' in Brazil for lower-emission oil output
aiming to reduce carbon emissions to net-zero by 2050 amid pressure from big investors to mark climate change concerns
in the last four years, Exxon has emerged as...
World’s 1st DNA Plasmid COVID-19 Vaccine Gets Approval
India's drug regulator has approved the world's first DNA vaccine against Covid-19 for emergency use.
The three-dose ZyCoV-D vaccine prevented symptomatic disease in 66% of those vaccinated, according to an interim study quoted...
Deltamarin Signs Design Contracts For Three RoPax Vessels
Deltamarin to design new E-Flexer RoPaxes for Stena
vessel no. 10 will be chartered by a Canadian federal Crown corporation, Marine Atlantic, from Stena RoRo
the vessels nos. 11 and 12 will be...