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Wärtsilä’s asset and lifecycle management agreement lets GasLog concentrate on its core business

21/10/2017

The technology group Wärtsilä has signed a maintenance agreement with Monaco-based GasLog LNG Services, covering eight LNG carriers operating on Wärtsilä dual-fuel engines. The agreement ensures the certainty and predictability of fleet operations by engaging Wärtsilä in the maintenance and

Australian domestic natural gas prices increase as LNG exports rise

21/10/2017

Australia became the world's second-largest exporter of liquefied natural gas (LNG) in 2015 and is likely to overtake Qatar as the world's largest LNG exporter by 2019. As Australia's LNG exports have increased, primarily from LNG projects in eastern Australia,

ICIS LNG Trade Flow Report: US, Australian Projects Boost Q3 LNG Supply 10% on Year

20/10/2017

Data from LNG Edge, which is part of the ICIS LNG Market Intelligence Solution, shows that global LNG supply increased 10% in the third quarter of 2017 from the previous year. Chinese demand increases helped absorb new supply.

New liquefaction projects

Onshore Pipelines Market to See Continued Recovery in Overall Expenditure

20/10/2017

The global onshore pipelines market is forecast to see a continued growth in overall spend from 2017 to 2022 at a compound rate of 1.4%. Overall, over the next five years, this represents a 15% growth in total spend versus

Dordrecht Inland Seaport wants bunkering station for LNG and other cleaner fuels

19/10/2017

The Port of Rotterdam Authority wants a new multi-fuel bunkering station for refuelling with LNG and other cleaner fuels. The anticipated location of the bunkering station is Krabbegors/Duivelseiland at Dordrecht Inland Seaport. The Port of Rotterdam Authority and PitPoint.LNG have

Crude oil and petroleum product exports reach record levels in the first half of 2017

19/10/2017

Crude oil exports in the first half of 2017 increased by more than 300,000 barrels per day (b/d) from the first half of 2016 to 784,000 b/d, a 57% increase. Petroleum product exports also grew over the same period. Crude

Ethical bunkering: a fairy tale or reality?

18/10/2017

In spite of the title, I’ll resist the urge to begin with “Once upon a time…”.

There’s no doubt that this is an important time for the bunker industry. Our industry is undergoing a period of dramatic and unprecedented change which

OPEC quota programme set to support fuel oil prices

18/10/2017

The headlines in Crude during September were dominated by the devastating effects of Hurricane Harvey that hit the Caribbean and the coast of America, shutting down refineries and creating large draw downs in a product stockpile overhang as a knock

The end of the paper chase: DNV GL rolls out electronic certificates across entire fleet

17/10/2017

In a historic first for the ship classification industry, DNV GL has commenced the roll out of IMO compliant electronic class and statutory certificates across its entire fleet. The widespread use of electronic certificates will result in significant efficiency gains

U.S. crude oil production expected to increase through end of 2017, setting up record 2018

17/10/2017

EIA forecasts that U.S crude oil production will average 9.4 million barrels per day (b/d) in the second half of 2017, 340,000 b/d more than in the first half of 2017. Production in 2018 is expected to average 9.9 million

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