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Tankers & Gas

Stay informed with the latest news, analysis, and insight impacting the crude, LNG, and LPG sectors through our expert coverage

US Gulf benefits as Europe pivots from Russian crude

Changes in European trade flows have altered the dominant types of vessels used in the market, with VLCCs making a return

Russian Federation Ukraine Tankers and Gas

Crude Tankers

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

International Tankers and Gas

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

International Tankers and Gas
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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

Europe International

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

Europe Russian Federation
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Product Tankers

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

Sweden Tankers and Gas

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

International Tankers and Gas

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

Europe Denmark

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

International Tankers and Gas
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LPG

Evalend orders up to five VLGCs in Korea

Move brings Evalend orderbook to eight firm VLGCs with an additional four mid-size LPG carriers under construction

Greece South Korea

BW Epic Kosan expects 3.9% growth in LPG seaborne trade

Impact of energy costs, including LPG, upon developing economies such as Sri Lanka, are a cause for concern, company says

International Tankers and Gas

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

China Tankers and Gas

LPG: Looking to China for demand boost

Globally, the LPG trade is expected to rise by 3.9% in 2022 to 116.9m tonnes

International Tankers and Gas
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LNG

Daily Briefing September 26 2022

Why it’s time to stop talking about shipping decarbonisation | The Lloyd’s List Podcast: Where is shipping in the zero carbon transition? | Record LNG carrier rates as charterers adapt to Europe’s energy crisis

Daily Briefing Containers

Dynagas Partners says charters continue to perform

Partnership posts second-quarter earnings in line with expectations

International Dynagas Lng

LNG carrier rates gain as Europe and Asia compete for cargoes

Number of LNG carriers available for spot market charter remains tight, further adding to pressure on rates ahead of winter

Tankers and Gas LNG

LNG carrier spot rates soar as winter demand kicks in

The Baltic LNG index has doubled since the end of July given continued demand in both Europe following a drop in trade with Russia, and Asia, with the biggest gains coming from the US Gulf to Japan route

Tankers and Gas LNG
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