Tag: South Korea
East of Suez Bunker Fuel Availability Outlook
• Singapore fuel oil inventories bounce back to five-month highs
• Zhoushan continues to offer prompt deliveries
• VLSFO availability gets tighter in Fujairah
Singapore’s net fuel...
LNG Market Supply-Demand Balance To Remain Tight In 2022
The global liquefied natural gas (LNG) market is expected to remain tight this year following last year’s volatility which saw demand rise 6% and...
Major Shipbuilders To Construct Five 13,000 Teu Ships For ONE
Major shipbuilders in China, South Korea and Japan they will bid to construct five 13,000 teu ships for ONE.
they had been shortlisted...
All About Coronavirus Right Now
Reuters, in its later article lists out what we need to know about the coronavirus right now:
Hong Kong COVID infections surge
Hong Kong reported 986...
Price Fixing Puts 23 Shipping Companies In Trouble, $81M Fine
On 18 January 2022, the Fair Trade Commission (KFTC) said it has imposed a fine of KRW 96.2 billion (about $80.7 million) on...
LNG Imports Drop After A Rise for 7 Months in A...
South Korea's LNG imports declined for the first time in eight months in December 2021 due largely to higher import prices and the need...
Can LPG Be Used As An Alternative Fuel?
Hydrogen and methanol have all emerged as alternative energy forms
Liquefied gas is low cost and is applicable to ships.
An article published in...
LPG Defined As ‘Cheap And Eco-Friendly Fuel’
A new study from the Korea Maritime and Ocean University has concluded that LPG could be a ‘low-cost and eco-friendly alternative to marine...
Shell Charters The First Three Brand-New Shuttle Tankers
Tanker operator AET has taken delivery of the first of three Suezmax second-generation dynamic positioning (DP2) shuttle tankers, which are purpose-built for a...
Container Ship Forced To Return To Port
Due to a fuel quality issue, a container ship headed for South Korea from Canada's west coast was forced to return to port last...