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Total and Mitsui O.S.K. Lines Officially Name The World’s Largest LNG Bunker Vessel: “GAS AGILITY”


The world's largest LNG bunker vessel has been officially named at a ceremony held today in Rotterdam. The 18,600-m³ GTT Mark III Flex membrane vessel has been named “Gas Agility”.

First LNG bunker vessel owned by Emerald Green Maritime Limited, a

Oilmar Ventures Into Global Bunker Trading


Amidst global pandemic and socio-political uncertainty looming in various regions around the world, economic depression is natural culmination of topsy-turvy times we are in.

Chinese – German joint venture realizes a flexible and self-sufficient solution for the use of LNG on ships


Best Ship Energy Management Group Ltd. (BSEM), and the Hamburg company TECHNOLOG-MRM have entered into an agreement for the construction, production and sales of the tank container shown above.

BSEM acts as an investor for the project and takes over the

Scrubbers shown to have lower climate impact than low-sulphur fuel


The technology group Wärtsilä, a leading provider of Exhaust Gas Cleaning (EGC) systems for the marine industry, refers its customers to a recent report from CE Delft, an independent research and consultancy organisation, regarding the climate impact of EGCs. The

U.S. crude oil exports have fallen in each month since their record high in February


U.S. crude oil exports reached a record high in February 2020 and have since fallen in each month, based on data through June, according to the U.S. Energy Information Administration's (EIA) Petroleum Supply Monthly. However, U.S. crude oil exports in

New gas tanker form paves the way for revision of ASBATANKVOY


BIMCO and the Association of Ship Brokers & Agents (U.S.A.), Inc. (ASBA) have approved a voyage charter party, ASBAGASVOY, for publication to serve the growing gas tanker industry. Work will now begin to revise ASBATANKVOY, one of the most used

BeHydro dual-fuel hydrogen engine awarded Approval in Principle by LR


LR has awarded Approval in Principle (AiP) to BeHydro for its hydrogen-powered dual-fuel engine with a capacity of 1 megawatt (MW). BeHydro is a joint venture between Compagnie Maritime Belge (CMB) and Anglo Belgian Corporation (ABC).

The new engine was unveiled

VLCCs: Middle East Market Retreats



Another lacklustre week has seen a slight downturn in rates for most of the routes. The Middle East market has seen rates drop two to three points as 270,000mt AG/China is now W35, while 280,000mt to USG via the cape/cape

Which Supermajors’ portfolios are most resilient?


Who retains the most value at lower prices, and who is the most sensitive to change? We’ve examined how the portfolios of Supermajors react to low, base-case, and high oil-price scenarios.

To better understand the key assets driving total net present

Joint Release by MPA, SSA, SMOU, SOS, ITF, IMEC and ICS: SG-STAR FUND: First Global Tripartite Initiative to Support Cou


The International Transport Workers’ Federation (ITF) and the International Maritime Employers’ Council (IMEC) have jointly contributed US$500,000 to the Singapore Shipping Tripartite Alliance Resilience (SG-STAR) Fund to support countries that adopt best practices for crew change. This adds to the

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