FACING RISK OF U.S. SANCTIONS, HAPAG AND CMA CGM SUSPEND CUBA BOOKINGS
Following the threat of asset seizures from the U.S. government, CMA CGM and Hapag-Lloyd have both paused all of their cargo bookings in and out of Cuba, ratcheting up the economic pressure on the...
$2.3 BILLION LNG PROJECT BREAKS GROUND IN SOUTHEAST ASIA
SK Innovation, an affiliate of South Korean conglomerate SK Group, Vietnam’s state-run power company PV Power (PetroVietnam Power), and local partner NASU, an affiliate of TH Group, have held a groundbreaking ceremony for a...
INDIA CONDEMNS ATTACK ON SMALL MERCHANT SHIP SUNK OFF OMAN
Indian authorities are reporting the details of an attack on a small merchant sailing off the coast of Oman. The incident, which had gone unreported by the monitoring services, is said to have involved...
LNG CAPACITY BOOST EMERGING IN OCEANIA AS NEW GAS PROJECT GETS THE GREEN LIGHT
With a final investment decision (FID) now out of the way, joint venture partners, encompassing Santos, ExxonMobil PNG, Eneos Xplora, Kumul Petroleum, and the Mineral Resources Development Company, will move forward with the development...
CHINA FINES MSC, CMA CGM, AND HAPAG, AND WARNS ON FREIGHT RATE VIOLATIONS
China’s Ministry of Transport announced it has issued fines against a total of nine international container shipping lines, as well as seven of its domestic non-vessel operation common carriers (NVOCC) for what it terms...
TOTALENERGIES AND VITOL STRIKE US LNG DEALS WITH VENTURE GLOBAL
Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has sealed two liquefied natural gas (LNG) agreements with France’s energy giant TotalEnergies and Vitol, an energy and commodities...
EU INCREASES EFFORTS TO COMBAT ATLANTIC BECOMING “COCAINE HIGHWAY”
Authorities in Europe are intensifying their efforts to disrupt the trafficking of drugs from Latin America into the lucrative European market. Officials were celebrating the success of a coordinated operation that led to major...
20-YEAR OFFTAKE DEAL IN THE US LNG DEEPWATER PORT PROJECT’S BAG
Delfin Midstream, a U.S.-based liquefied natural gas (LNG) export infrastructure development company, has sealed a new multi-year LNG supply agreement with Gunvor International B.V. Amsterdam, Geneva Branch (Gunvor).
Gunvor has entered into a 20-year LNG...
REPORT THAT SOMALI PIRATES SEIZED ANOTHER DHOW FOR POTENTIAL MOTHERSHIP
The ongoing surge in activity by Somali pirates continues to raise concerns, with a new warning that another group may be on the prowl for a merchant ship. It comes after at least three...
LNG VESSEL PAIR ENRICHES MISC’S FLEET
Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services MISC Group, a member of the Petronas Group of Companies, has unveiled the naming of its two new-generation liquefied natural gas...