India could be willing to cut all imports of Venezuelan crude to satisfy US sanctions in return for further waivers on importing Iranian crude

US-India longhaul trade would add to tanker demand significantly

Shipowners are less exposed to sanctions if they are not dealing with PDVSA directly, but there can be operational and legal risks

Double 36-month charter with anonymous oil major will generate a minimum of $33m in gross revenues

Hafnia shareholders have to approve a merger plan that would give them common shares of par value $0.01 for each BW Tankers share

Nascent recovery in product tanker market will be put to the test in 2019

The Enterprise Hydrocarbon Terminal expansion will increase the ability to export LPG by another 30% 

The company plans to purchase LPG and offer it delivered on the basis of cost, insurance and freight, directly to the end user

Epic Gas notes there are only five newbuilding vessels scheduled to be delivered in 2019 and five more in 2020, representing a 1.4% increase in existing fleet capacity

Twenty-eight of the 37 shipments come from Cheniere Energy’s Sabine Pass terminal

With two vessels fixed on accretive medium-term charters, the company is examining further expansion in the sector

Woodside's chief operations officer Meg O’Neill says talks have been ongoing with big miners to refuel ships plying Western Australia-Asia trade routes with LNG

Shell charter set to bring seven years of additional cash flow, with an optional further five years

New carrier deliveries are expected to slow this year as new LNG supply grows at a record pace

The market is just past the cyclical nadir and on an upswing

The global appetite for liquefied natural gas is rising as new demand hot spots for the clean-burning fuel are developing

Nascent recovery in product tanker market will be put to the test in 2019

Geopolitical wildcards seen testing crude tanker market recovery

With strong supply-demand signals, external factors such as Washington’s policy preferences have become the strongest risks to shipping markets

Owners face obstacles on the journey to freight recovery as trade growth remains lacklustre