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Ton-Mile Growth Remained Subdued In LNG Shipping Market During Second Quarter Says Golar LNG


Exclusive of its interest in FLNG Hilli Episeyo, Golar LNG Partners LP (“Golar Partners” or “the Partnership”) generated operating income of $36.2 million for the second quarter of 2019.
After accounting for $26.5 million of interest rate swap losses, the

S&P Global Platts Launches First LNG Bunkering Daily Price Assessments


S&P Global Platts, the leading independent provider of information and benchmark prices for the commodities and energy markets, yesterday announced that it will launch the first price assessments for LNG bunkering on September 2, 2019. The Singapore assessments will be

Høglund To Supply Gas Solutions To Norway’s First LNG Bunker Vessel


Høglund has been awarded a contract by Bergen Tankers to deliver a cargo handling system (CHS) for the LNG bunker vessel Bergen LNG, the company announced today.

As part of a long-term charter with Shell Gasnor, the vessel will be the

China’s gas production to double to 325 bcm in 2040


Though set to become the world’s third largest gas producer by 2027, China’s imports will still grow in the long term. One key contributing factor is lower forecast in domestic gas production particularly in shale gas and coal bed methane

China’s Tariff on US Crude Likely to Have Little Impact


Beijing will impose a 5 percent tariff on U.S. crude oil from September 1st, but Chinese state-owned traders could keep importing at around 150,000 – 200,000 b/d from the U.S. for the rest of the year. Options include potential tariff

Drewry: Port Throughput Index Down by 1.7% in June


The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 220 ports worldwide, representing over 75% of global volumes. The base point for the indices is January

Digital Ports To Create New Shipping Ecosystem


Ports are one of the nodes in the global network providing a key link between sea and land and the connection with the hinterland. This puts the port in a good position to be a neutral platform to act as

Timetobunker: New App For Efficient And Reliable Communication Of Bunkering Notifications


Paperless bunkering and informing the Harbour Master and Customs in one go? That's no longer a pipe dream; with the TimeToBunker App, this is reality. The bunker barge operator tool for electronic bunkering notification. ‘The app makes everything more efficient'.

Tanker Market: VLCCs in upward trajectory


Rates in the Middle East Gulf continued an upward trajectory, with 270,000mt to China at WS 66, up about five points and 280,000mt to the US Gulf, basis Cape/Cape, rated at WS 30, an increase of three points. Meanwhile,

Transcritical CO2 refrigeration technology from GEA makes waves in global marine refrigeration business


Due to national and international laws as well as voluntary environmental protection measures, more and more environmentally friendly refrigerants are being used in the marine business. Based on more than 100 years of experience in the refrigeration business, GEA has

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