The outcome of MEPC 83 in April could establish the IMO’s mid-term GHG and carbon pricing strategy for achieving net-zero by ...
Axpo has concluded a first delivery of liquified natural gas (LNG) to MSC, the world leader in global shipping and logistics, ...
While it emits less carbon than oil-derived ship propellant, LNG is still a fossil fuel and has been criticized for releasing emissions of super-potent methane.
GTT estimates that using LNG to power a large container ship saves around 25,000 tonnes of CO₂ per year compared to heavy fuel oil propulsion. The delivery of the 12 vessels is scheduled between ...
Report update says shipowners need visibility on fuel availability and regulatory requirements to assess how to adapt fleets ...
Sinokor’s two elderly sister ships — the 126,300-cbm Gulf Energy (ex-LNG Gemini) and Bering Energy (ex-LNG Leo, both built 1978), which have been idled in Norway and Spain, respectively, since 2020 — ...
An Arizona businessman said he stumbled across the abandoned plan for a liquefied natural gas terminal in Southern Oregon.
The LNG shipping industry has built excessive capacity in anticipation of increased LNG exports, resulting in a current oversupply of ships and plummeting charter rates. Political factors, such as ...
Wärtsilä, a global technology group, has signed an agreement to enhance the operational reliability of 14 LNG-fuelled container ships for CMA Ships, part of the French shipping giant CMA CGM.
ING noted that South Korean shipbuilders are filling ... of 3.5 years, ship exports are expected to continue rising for at least next more years. Despite China’s increasing LNG carrier orders ...
As part of this new order, HD Hyundai Heavy Industries will build the 12 large container ships equipped with LNG tanks with a capacity of 12,750 m³. These tanks will incorporate the membrane ...
In Europe, S&P Global Commodity Insights assessed its daily North West Europe LNG Marker (NWM) price benchmark for cargoes ...