"This quarter was shaped by the unprecedented events in the Gulf and the closure of the Strait of Hormuz" (Chairman, President & CEO John Coustas), adding that "in the container sector, the disruption ...

Contract coverage is already at 100% for 2026, stands at 87% for 2027, and 64% for 2028 in terms of operating days. Management described this as giving "ample flexibility to pursue accretive capital ...

According to LR, its economic modelling shows LNG remains the most cost-effective alternative fuel pathway to 2050 under current and proposed regulatory frameworks. The report added that blending LNG ...

TOKYO/OSLO, April 3 (Reuters) - Three Omani-operated tankers, a French-owned container ship and a Japanese-owned gas carrier have crossed the Strait of Hormuz since Thursday, shipping data showed, ...

Hanwha Ocean has secured an order for seven large container ships worth approximately 2 trillion won from Taiwan’s Yang Ming Marine. On the 17th, Hanwha Ocean announced that it had signed a contract ...

W orldwide orders for commercial shipping construction have ascended to the highest level in nearly two decades, as a wave of tanker contracting and continuous new building demand across the 2020s ...

Of the 38 vessels recorded in April in DNV’s tracking of ships capable of burning non-conventional fuel types, 14 came from ...

Why are oil and gas prices up now, and will US WTI, Brent crude futures, British and Dutch gas rates continue to rise or drop again? Oil and gas markets moved higher after reports of gunfire attacks ...

An upstart small scale player is proposing to use shipping containers as a way to begin US LNG exports to international customers without waiting for liquefaction projects to come online. Carib Energy ...

Newly created Carib Energy has signed letters of intent with a number of small-scale US liquefaction players to export LNG by shipping containers. The company is proposing to use the boxes as a way to ...