Switch to gas to accelerate, slashing U.S. coal demand
Low pricing will speed up Europe’s transition from coal to gas, according to Morgan Stanley.
Low pricing will speed up Europe’s transition from coal to gas, according to Morgan Stanley.
It’s hard to blame the skeptics, given what has happened in the past, but dry bulk freight rates are getting pretty impressive.
Some believe the pace of regulatory and technological change is causing owners to pull back from newbuilding contracts.
Beemac Logistics, a Beaver, Pennsylvania-based transportation and logistics provider, has opened a new office in Houston to better serve clients in the region, said chief commercial officer Michael Ceravolo. Beemac recently entered into an agreement to occupy a 5,000-square foot facility at the Towers at Westchase II, located in west Houston. The company plans to […]
Japanese company Inpex (TSE: 16050) has today announced that it has filed a revised plan of development for the US$18-$20 billion Abadi Liquefied Natural Gas Project. The revised plan is for a land-based development scheme and an annual production capacity of 9.5 million metric tons of LNG and up to 35,000 barrels of condensate each […]
One of the highest-profile owners in ocean shipping expounds LNG’s appeal.
New Fortress Energy wants LNG transport efficiency using tank cars
Suezmax tankers can carry half as much crude as VLCCs, but now command twice the VLCC rate.
Bringing spot vessels together into a pooling arrangement made sense, but ultimately, business interests diverged.
Switch to long-term coverage that began in 2016 continues to pay off in 2019.
Investor concerns are intensifying over the fate of George Prokopiou’s publicly listed LNG partnership.
With each passing day, it seems the U.S. LNG export sector is gaining further momentum.
There are some positive signs for shipping rates, but overall, disappointment prevails.
Golar LNG Ltd is spinning off a new public entity. Flex LNG is coming too. Shipping’s US-listed field is getting even more crowded.
China’s new list more than doubles the tariff on LNG, but it’s the dry bulk stocks that are feeling the pain.
Government approval has been given for the construction of a $250 million (US$175 million) liquefied natural gas import terminal at Port Kembla, 44 miles to the south-south-west of Sydney, Australia. The country is facing a shortage of gas and record high prices, which is somewhat ironic because Australia is likely the world’s biggest exporter of gas.
Ten-year waiver to move U.S. LNG to Puerto Rico is off the table – for now.
As GasLog Partners reported its quarterly earnings, its CEO commented on prospects for both spot and long-term charter markets. He optimistically believes current spot weakness will be short-lived, and that rates will be driven higher by the wave of new liquefaction projects coming onstream.
A top executive of the Panama Canal Authority outlines the prospects for LNG, LPG and crude/product tanker transits through the larger locks of the waterway.
Brisbane, Australia-based construction company Watpac has been contracted to provide design, engineering and construction services to EPIK, a South Korean liquefied natural gas (LNG) developer for the construction and placement of a floating storage regasification unit (FSRU) at the Port of Newcastle in New South Wales, Australia. Watpac is a subsidiary of Belgian multi-disciplinary engineering company, Besix.