U.S. crude shipments bound for Europe fell to a two-year low in June as European buyers bought cheaper regional and West African oil, traders and analysts told Reuters. Exports of U.S. crude to Europe slowed to 1.45 million barrels per day (bpd) last month, the lowest...

Read More

New partnership on digital integration will help reduce emissions and support compliance for an initial 55 bulk carriers. NAPA’s Voyage Optimization and CII Simulator digital systems will be deployed on an initial 55 bulk carriers in the fleet managed by Union Marine...

Read More

The Republic of Korea’s industry ministry said Tuesday it plans to pursue investment projects worth 2 trillion won (US $1.44 billion) over the next ten years with businesses to leverage smart and clean energy technologies in the shipbuilding industry, Yonhap News...

Read More

RINA, a world-leading inspection, certification and consulting engineering multinational and ROTOBOOST, a global hydrogen technology company, have joined the SEA-LNG coalition – further boosting SEA-LNG’s global reach and expertise across the LNG value chain. RINA...

Read More

Russia’s Liquefied Natural Gas (LNG) exports rose 2.7% in the first half of the year to 16.79 million metric tons, the Kommersant newspaper reported on Tuesday, but added volumes were set to decline in the coming months due to possible maintenance at the Sakhalin 2...

Read More

Vitol has secured three LNG Bunkering Vessels (“LNGBV”) through its shipping company, Vitol International Shipping Pte Ltd (“VIS”). The vessels were secured via a seven-to-ten-year time charter agreement with Avenir LNG Limited (“Avenir”) and an order for two vessels...

Read More