Gas
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VLGC orderbook-to-fleet ratio has more than doubled since October
The VLGC orderbook-to-fleet ratio has more than doubled since October last year with analysts questioning whether there will be enough…
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DSME wins LNG carrier order
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has signed a KRW217bn ($196m) deal to build a 174,000 cu…
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Total rebrands as TotalEnergies
French energy group Total has completed its change of name to TotalEnergies, aiming to become one of the major players…
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Lithuania looks at liquefied CO2 shipping
Several European projects involving ports and the marine sector have recently been announced which will identify the challenges and opportunities…
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Shell ordered by Dutch court to reduce CO2 emissions by 45%
A Dutch court has ordered supermajor Shell to significantly slash its carbon emissions, setting the stage for potential lawsuits against…
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Biden sees Nord Stream 2 sanctions as counterproductive for European ties
United States President Joe Biden stood by his decision to waive sanctions against the company at the helm of the…
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Splash Extra: Yards behind the steel price curve
Shipyards have failed to keep up with rapidly rising steel prices, which is likely to see newbuild prices jump in…
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Wilhelmsen chosen by Botas to manage Turkish FSRU
Singapore-headquartered Wilhelmsen Ship Management has been appointed ship manager by Turkey’s Botas for the first Turkish-flagged floating storage and regasification…
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US blacklists 13 ships working on Nord Stream 2 pipeline project
The US has imposed sanctions on thirteen vessels involved in the construction of the Nord Stream 2 gas pipeline from…
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Total to supply LNG to India’s steel industry
Steel giant ArcelorMittal Nippon Steel (AMNS) has signed with France’s Total for the supply of up to 500,000 tons of…
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KBR secures contract to support Nigeria’s first FLNG project
KBR will be supporting the development of Nigeria’s first ever floating liquefied natural gas (FLNG) facility. The US services giant…
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Gas could take the lead over oil in energy transition push: Woodmac
As the world presses ahead with the energy transition, around $14trn of upstream oil and gas assets face uncertainty, a…
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Green bonds and loans exceed the value of fossil financing
Green bonds and loans from the worldwide banking sector have exceeded the value of fossil financing so far this year…
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Eni and BP to join forces in Angola
Italy’s Eni and supermajor BP are looking to combine their upstream portfolios in Angola, including all their oil, gas and…
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Denmark’s Evergas and Ultragas form CO2 carrier venture
Two Danish shipping companies – Evergas and Ultragas – have joined forces in a joint venture called Dan-Unity CO2 to…
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Vietnam to house novel offshore LNG terminal
Stena Power & LNG Solutions has been awarded a contract by Delta Offshore Energy (DOE) to provide front-end engineering design…
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ITF forecasts worldwide transport activity to more than double by 2050
The OECD’s International Transport Forum (ITF) has published its Transport Outlook 2021. The think tank’s report on transport policy was…
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BW LPG takes control of Indian venture
BW LPG has revealed it has taken control of a four-year-old joint venture in India. BW Global United LPG India,…
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MOL reenters the ammonia trades
Japan’s largest shipowner in dwt terms, Mitsui OSK Lines (MOL), is reentering the ammonia trades after a five-year hiatus. The…
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Flex LNG seals three-year time charter
John Fredriksen’s Flex LNG has secured a three-year time charter for 2019-built 173,400 cbm LNG carrier . The charter, with…
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