LNG Stocks Rise 8.7% On Week To 2.37 mil mt
Japan's LNG stocks held by major power utilities rose 8.7% to 2.37 million mt Dec. 12 from 2.18 million mt the week before, the Ministry of Economy, Trade and Industry said Dec. 15, says...
Cheniere – NFE North Trading LNG Supply Deal
NFE North Trading, a unit of U.S. gas-to-power developer New Fortress Energy, has signed a deal with LNG exporter Cheniere Energy for a six-year supply of LNG, says an article published in Offshore Energy.
About...
ICHCA Issues Safety Guidance for Goods Storage & Handling Facilities
The tragic incidents in Tianjin and Beirut have marked a decade of increased concern over the safety of dangerous goods stored in ports, terminals and other warehousing facilities.
ICHCA and three other industry groups have...
Intermodal Weekly Market Report – Week 49, 2021
Moving towards the end of 2021, the ship repair sector ends up unfortunately with the same uncertainty we had while ending the previous year. Of course, the market is more familiar with the raising...
Markets Remain Tentatively Poised!
Markets remain tentatively poised this week, as days of constant reversals have left most end buyers without any motivation or appetite to acquire units at yesterday’s levels.
India has been the most affected by the...
Singapore Marine Fuel Sales Fall 1% On Year in November
According to Maritime and Port Authority of Singapore (MPA) data, marine fuel sales at Singapore port decreased by 1.0 % on year during November 2021, reports Manifold times.
Marine fuels sale
In total, 4.22 million metric...
Eagle Bulk Joins Maersk Zero Carbon Shipping Center
Eagle Bulk Shipping Inc. has signed a Partner Agreement with the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (the “Center”), formalizing Eagle as a Mission Partner to the independent not-for-profit research and development...
A Difficult Year Ahead For Shippers, Here Are Key Factors
The fractious relationship between ocean carriers and their freight forwarder and NVOCC customers is seen as one of four key disrupters to the supply chain next year, by maritime consultant Drewry.
Meanwhile, the...
As Omicron Fear Rise, Crude Oil Futures Fall
Crude oil futures were lower in mid-morning trade in Asia Dec. 15, extending losses from the previous session, as concerns over an impending surge in COVID-19 cases from the omicron variant mounted.
Data...
These Two Giants To Collaborate On Project ‘ROBOSHIP’
The system can handle a cargo ship of up to around 749 tonnes.
As the use of such vessels becomes common, it will allow for the accumulation of feedback based on actual navigation...