Tankers & Gas
Stay informed with the latest news, analysis, and insight impacting the crude, LNG, and LPG sectors through our expert coverage
Operation starts to reload confiscated oil onto Iranian tanker in Greece
Vessel was sanctioned by the US in February for ties to a state-owned Russian bank, not for carrying Iranian crude
Older vessels drive increase in tanker values
Driven by improving market conditions and uncertainty around future fuels, values for crude oil tankers have improved, though older ships have registered the most impressive gains
Ukraine conflict pushes tanker rates 230% higher for International Seaways and Ardmore Shipping
Trade dislocations seem ‘likely to persist beyond the immediate period of heightened tensions’, says Ardmore
Tanker sale and purchase activity rises on the back of improving values
Sales transactions were reported across all tanker segments, with the aframax and medium range sectors providing the majority of purchases
Russia oil and gas bans trigger tanker turmoil
Co-ordinated measures to blacklist Russian energy commodities will significantly recalibrate seaborne trade flows for the global tanker and gas carrier fleet
Shipping ‘hurt’ by Ukraine conflict amid record volatility on commodities market
Hurdles to ship cargoes from Russia are rising as underwriters and lending syndicates scrutinise details of each voyage. Financial and banking curbs are complicating trades
Furetank boosts Vinga-class tanker orderbook
New 17,999 dwt tanker is due for delivery in July 2024 and will be able to utilise LNG or liquefied biogas for main propulsion
MR tanker period charters gain 35% in three months
Russia-led trade disruption that has seen spot rates gain 345% this year is now spilling over to longer-term time charters
Norden posts robust first-quarter results
Dry bulk and tanker operator reduces exposure in dry bulk to capitalise on a quickly recovering product tanker market
Tanker sale and purchase activity rises on the back of improving values
Sales transactions were reported across all tanker segments, with the aframax and medium range sectors providing the majority of purchases
China’s LPG imports show moderate rise
The moderate rise in Chinese LPG imports can be attributed to lower operating rates at propane dehydrogenated plants and crackers, coupled with delays in new project start-ups, according to consultant
LPG: Looking to China for demand boost
Globally, the LPG trade is expected to rise by 3.9% in 2022 to 116.9m tonnes
Avance Gas says outlook is positive after strong first quarter
Port congestion, Panama Canal delays, increased export volumes and high demand will keep freight rates elevated
StealthGas flags increased crew and bunker costs
Impairment charges drag Greece-based owner into the red
Ex-Sovcomflot LNG trio lifts Anna Angelicoussi group spend to near $1bn
Latest deal sets yet another price benchmark for new LNG carriers and expands Alpha Gas fleet to eight LNG carriers
LNG: Winter of content ahead for traders as global energy crunch drives profits
Russia’s war on Ukraine has upended oil, gas and agricultural markets, triggered record prices and placed energy security at the top of political agendas as inflationary pressures and an economic downturn signal a global recession
Capital orders LNG pair at $240m each
Confidence in LNG shipping outlook and fears of further price increases will have prodded Greek owner to add to orderbook
NYK signs long-term contract with EDF for fourth LNG carrier
Vessel will have a membrane-type tank from French engineering company GTT, and propelled by a WinGD-made, dual-fuel slow-speed diesel engine
You must sign in to use this functionality
Authentication.SignIn.HeadSignInHeader
Email Article
All set! This article has been sent to my@email.address.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.