LR will deliver comprehensive advisory services for the landmark green ammonia production facility in Egypt.

Lloyd’s Register (LR) has entered into

In a major step towards more efficient offshore operations, Samsung Heavy Industries Co., Ltd. (SHI) and ABB have signed an

Guided by its “dual carbon” goal to peak carbon emissions before 2030 and achieve carbon neutrality by 2060, China is

An oil tanker carrying about 1 million barrels of crude oil suffered an explosion off Libya on June 27 but

ClassNK has issued an approval in principle (AiP) for a LCO2/Methanol Carrier jointly developed by Mitsubishi Shipbuilding Co., Ltd. and

LNG

The LNG market had a week of mixed fortunes with rates for the 160K cbm and 174K cbm pushing up

The recent sessions of the IMO’s Marine Environment Protection Committee (MEPC) introduced new statutory requirements for the IMO DCS. These

The shipping industry moves over 80% of global trade – but it’s also responsible for more than 800 million tonnes

Vessels near the Strait of Hormuz have been broadcasting unusual messages concerning nationality in a bid to avoid being attacked

Clean

LR2

Steam came pouring out of the LR2 freight in the MEG this week. The TC1 75kt MEG/Japan index dropped 43.89 points to WS168.33. A TC20 90kt MEG/UK-Continent trip also went from $5.3mill to $4.29mill.

West of Suez, Mediterranean/East LR2’s also dropped