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LNG Bunker Snapshot: Prices climb across the board amid renewed US-Iran tensions

LNG Bunker Snapshot: Prices climb across the board amid renewed US-Iran tensions
Rotterdam Rotterdam’s LNG bunker price has surged by $78/mt, tracking gains in the front-month Dutch TTF natural gas contract. Over the past week, the benchmark has risen by $1.63/MMBtu to $16.64/MMBtu ($865/mt). The rally in TTF price has been driven by “concerns...
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Military escalation widens across Gulf as Iran targets US assets and shipping

Military escalation widens across Gulf as Iran targets US assets and shipping
The conflict in the Gulf region intensified on Tuesday as Iran launched attacks on US military facilities and commercial shipping, prompting diplomatic protests, security measures and growing concerns over the stability of the Strait of Hormuz. Attacks on shipping and...
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Traffic via Strait of Hormuz falls to 11 ships July 12 after US-Iran attacks

Traffic via Strait of Hormuz falls to 11 ships July 12 after US-Iran attacks
Only 11 ships traversed the Strait of Hormuz on July 12, the lowest since June 14, after attacks hit the container ship GFS Galaxy and the US and Iran made retaliatory strikes, S&P Global Commodities at Sea (opens in a new tab) said in a July 13 report. The total...
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H2 OUTLOOK: Shipping bottlenecks, uncertainty to impact Middle East chemical trade

H2 OUTLOOK: Shipping bottlenecks, uncertainty to impact Middle East chemical trade
Petrochemical supply flows from the Middle East over the second half of the year are contingent on shipping bottlenecks, many of which will depend on how the conflict between the US and Iran develops. But, market participants said, it’s unlikely there will be swift...
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Performance Shipping Inc. Extends Time Charter for Aframax Tanker M/T Blue Moon for Two Years at the Average Rate of US$40,500 per Day

Performance Shipping Inc. Extends Time Charter for Aframax Tanker M/T Blue Moon for Two Years at the Average Rate of US$40,500 per Day
Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, announced that, through a wholly-owned subsidiary, it has extended the existing time charter contract with American Eagle Tankers (“AET” or the “Charterer”), a member...
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The International Gas Union Calls for the Preservation of a Key Production Pathway for Renewable Maritime Fuels

The International Gas Union Calls for the Preservation of a Key Production Pathway for Renewable Maritime Fuels
To scale bio-LNG bunkering to its full potential, it is essential that any legislative or regulatory measures support principles, such as the liquefaction by equivalence, as this is one of the most effective ways to connect biomethane production with maritime demand...
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