A Rystad Energy investigation reveals that if the IMO’s proposed technical requirements are applied on the world’s fleet of liquefied natural gas (LNG) carriers, the net result for the planet will be negative
Tanker
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Record number of FPSOs to expire next year
According to a recent analysis from Westwood, the number of FPSO leases set to expire in 2022 is significantly higher than the yearly average level of around three since 2015
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Suez Canal disruption: Analysis of impact on tanker market by Signal Group
Over the coming days and weeks, more vessels are expected to have to decide if they will cross through the Suez Canal or via the Cape of Good Hope
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KSA receives first and largest container ship powered by LNG
The container ship has a capacity of 23,000 standard containers
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Pessimistic outlook for tanker market
VesselsValue comments on the market for tankers in the recent past, present, and future
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Saudi Arabia received distress signal from damaged Iran tanker
The captain of the vessel said the front of the ship was broken and some of its cargo had spilled
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Iranian tanker struck in Red Sea near Saudi Arabia, changes course to Iran
The crew are safe and the ship is in stable condiiton, according to the National Iranian Tanker Company
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Iran oil tanker impaired but in stable condition in Red Sea: NITC
The National Iranian Tanker Company has reported a technical defect with one of its vessels currently in the Red Sea, but noted that it was in stable condition
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Galfar wins $16mn subcontract for Ras Markaz Crude Oil Park
The Oman construction builder won the subcontract from China Petroleum Engineering and Construction Corp
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Gibraltar will not hand over Iranian oil supertanker to US
The British-controlled nation says that while the tanker may have violated US sanctions, it has not violated those set by the European Union