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Unique Arctic Journey for Russian LNG Carrier

Jun 01, 2020

Sovcomflot's Arc7 ice-class Christophe de Margerie liquefied natural gas (LNG) carrier has made history by successfully transiting the Eastbound ice-covered part of the Northern Sea Route (NSR) in May, carrying LNG from Novatek's Yamal LNG project to China.The Russian vessel owner said the event marked the first time in the history of the shipping industry that a large-capacity vessel of this class…

Fire Reported on Tanker at Sture Terminal

Sep 13, 2019

A fire onboard an oil tanker at Norway's Sture crude export terminal has been put out, the fire service told Reuters on Friday.The fire broke out in the engine room of the Dubai Harmony tanker during loading at the Equinor oil terminal on Norway's west coast…

Euronav to Store Low-Sulfur Oil

Sep 05, 2019

The crude oil tanker company Euronav has purchased a total of 420,000 metric tons of compliant fuel oil and marine gasoil so far, the company revealed as it detailed its IMO 2020 sulfur cap plans. In aggregate the purchase value of very low…

KNOT Signs Charter Contract with Total

Aug 28, 2019

Knutsen NYK Offshore Tankers AS (KNOT), a NYK Group company, has concluded a time-charter contract for a maximum 15-year period starting from 2021 for a shuttle tanker with French oil and gas giant Total for its Brazilian activities.The contract aims to use a 152…

Ocean Yield Takes Delivery of New VLCC

Jun 11, 2019

Norway-based ship owning company Ocean Yield ASA has taken delivery of the very large crude carriers (VLCC) Nissos Despotiko.The vessel was delivered from the yard Hyundai Heavy Industries in South Korea and is the second in a series of four VLCCs that will be delivered to the Company in 2019…

10,000th LNG Loading by ​​Qatargas

May 16, 2019

The world's largest liquefied natural gas company Qatargas announced that Qatargas Ras Laffan Terminal Operations (RLTO) has safely loaded the 10,000th cargo shipment of non-LNG product in Ras Laffan Industrial City (RLIC).Since starting operations in 2006…

IEA Says Oil Markets Adequately Supplied

Apr 23, 2019

The International Energy Agency is monitoring developments in global oil markets, and notes that markets are now adequately supplied, and that global spare production capacity remains at comfortable levels.Further tightening of sanctions on Iran will have an impact on its export capacity…

Gazprom’s Arctic Offshore Platform Hits Milestone

Apr 11, 2019

Russian shipping company Sovcomflot (SCF Group) said that the Arctic shuttle tanker Mikhail Ulyanov loaded the milestone 10-millionth tonne of commercial oil produced at Prirazlomnaya offshore platform in the Pechora Sea.The energy shipping companies…

Oceanic Breeze Brings LNG to Japan

Feb 12, 2019

Japanese energy company INPEX Corporation announced that the LNG Tanker Oceanic Breeze called for the first time at INPEX’s Naoetsu LNG Terminal located in Joetsu City, Niigata Prefecture, Japan.The tanker has delivered a cargo of liquefied…

McDermott Awarded Contract for CB&I Storage Tanks

Dec 12, 2018

McDermott International, the fully integrated provider of technology, engineering and construction solutions to the energy industry, announced a contract award for CB&I storage tanks from Nan Ya Plastics Corporation.McDermott's scope of work includes the engineering…

IOC: 5-year Tender on Scrubber-fitted Tankers

Dec 04, 2018

Indian Oil Corp (IOC) issued a global tender to charter scrubber-fitted oil tankers for at least five years to import Iraqi oil, a tender document seen by Reuters showed.The tender says Indian shippers will be given first right of refusal for…

Tank Storage Association Cautious on EU's Approval of Brexit

Nov 26, 2018

European Union (EU) leaders approved the agreement on the UK’s withdrawal and future relations with the EU.Tank Storage Association (TSA) recognises that the agreement still needs to go through the UK Parliamentary process before it is approved…

Eagle LNG Receives Draft EIS

Nov 20, 2018

Eagle LNG, a wholly owned subsidiary of Ferus Natural Gas Fuels, informed that the United States Federal Energy Regulatory Commission (FERC) granted the company their draft environmental impact statement (DEIS).The draft EIS puts Eagle LNG on…

Tallinna Sadam, Alexela Invest Sign MoU

Nov 02, 2018

AS Tallinna Sadam and AS Alexela Invest signed a Memorandum of Understanding (MOU) for finding the best solutions for the development and implementation of LNG terminal and servicing LNG tankers and bunkers; and establishing port facilities…

Babcock Delivers World's Largest LNG Bunker Supply Vessel

Nov 01, 2018

Babcock International is celebrating the completion of its ‘first of its kind’ and the world’s largest liquefied natural gas (LNG) bunker supply vessel, M.V. Kairos, as it is delivered to Babcock Schulte Energy (BSE).BSE is a 50:50 joint venture…

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Repsol, Vestigo Tap Alam Maritim for Subsea Services

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