Chinese utility Guangdong Energy will purchase up to 1.5 million tonnes per annum of LNG for 20 years from U.S. LNG project developer NextDecades Rio Grande LNG. NextDecade announced in a statement the execution of binding heads of agreemen

AET, a leading owner and operator of maritime transportation assets and specialised services, named its newest vessel this week, the first of another three Suezmax Dynamic Positioning (DP2) Shuttle Tankers purpose-built for long-term charte

EMSA has recently awarded six contracts for satellite communication (satcom) services to support the maritime surveillance operations of the Agencys remotely piloted aircraft systems. The contracts are intended to provide fast and effective

The general assembly approved today, March 25th, our yearend result for 2021, showing a revenue of 1,275 billion DKK and a profit before tax of 122,8 million DKK, which is considered satisfactory under the given market conditions. 2021 was

Heading East? While the sanctions list against Russia is growing longer as the days go by, the International Energy Agency (IEA) is warning that Russian exports of crude and products could fall by 2.5mbd amid a growing number of oil compani

China Oilfield Services Limited released its 2021 annual audited financial report today. In 2021, under the background of the slow recovery of the global economy, the Company analyzed and studied the situation of the industry, focused on th

CIMC Enricreleased its annual performance report for 2021. The report shows that in 2021, the total revenue ofCIMC Enricwas 18.42 billion yuan, an increase of 50% year-on-year, a record high. The net profit was 910 million yuan and the net

Maritec Pte Ltd has tested several samples representing VLSFO deliveries in Singapore with flashpoint as low as 53C for the period of 18th Mar 2022 to 22nd Mar 2022 from various suppliers. SOLAS Chapter II-2, Part B, Reg. 4. Clause 2.1.1 st

Integrated Wind Solutions ASA (IWS) announced that it has, through its fully owned subsidiary, IWS Fleet AS, entered into shipbuilding contracts for the construction of two Walk-to-Work Commissioning Service Operations Vessels (CSOV). The v

Another containership has reportedly fallen victim to storms in the Northern Pacific. Maersk is confirming reports that a chartered containership it operates suffered a very serious incident, with a collapse of container stacks and the loss

Chinas logistics throughput in January and February grew by 7.2 percent year on year, according to the China Federation of Logistics and Purchasing on Thursday. The logistics volume in the two months was notably higher than the same period

Image: Hegh Autoliners MacGregor, part of Cargotec, was selected to supply comprehensive packages of RoRo equipment for four Aurora class pure car and truck carriers (PCTCs) to be built by China Merchant Heavy Industries (Jiangsu) Co., Ltd.

Chinese stainless steel futures soared as much as 10% on Thursday to their highest since March 9, after raw material nickels prices hit upper limits on both the London Metal Exchange (LME) and the Shanghai bourse. Benchmark nickel on the LM

The Baltic Exchanges dry bulk sea freight index fell on Thursday as a dip in capesize rates overshadowed gains in the panamax and supramax segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shi

With a new train diagram to be put into operation from April 8, China will launch additional cargo trains to boost coal transport amid the countrys efforts to ensure energy supply. According to the diagram, new cargo trains will be added to