SCHOTTEL EQUIPS TWO SPANISH HYBRID TANKERS WITH PROPULSION

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German propulsion system manufacturer Schottel is set to deliver the propulsion package for a second hybrid chemical tanker owned by Spanish shipowner Mureloil that transports biofuels and methanol. The propulsion is destined for the 8,000...

JAPAN’S NAVY WITHDRAWS FROM OPERATING ANTARCTIC RESEARCH ICEBREAKER

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The Japan Maritime Self Defense Force will cease to operate the country’s Antarctic research vessel Shirase due to military personnel shortages. According to reports in local media, Japan’s navy will hand over the operations...

ARGENTINA’S FLNG INSTALLATION AND HOOK-UP IN COREMARINE & JUMBO OFFSHORE’S HANDS

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Jumbo Offshore, part of the Jumbo Group, and CoreMarine have been tasked with the transport and installation of the soft-yoke (SSY) mooring systems and hook-up of two floating liquefied natural gas (FLNG) vessels in...

OPENING HORMUZ TO BE KEY ISSUE OF NEGOTIATIONS AS TRANSITS REMAIN LOW

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Three days into the announced ceasefire, the military portion appears to largely be holding, but Donald Trump’s demand that the Strait of Hormuz be open for “complete, immediate, and safe” operations remains elusive. The...

AUSTRALIA BACKS PROPOSED LNG TERMINAL TO STAVE OFF VICTORIA’S GAS SUPPLY CRUNCH

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Australian energy infrastructure player Viva Energy has received federal environmental approval for its proposed liquefied natural gas (LNG) terminal project in Geelong, Australia. Viva Energy’s proposed gas terminal in Geelong received formal backing under the...

GULF CONFLICT GIVES A BOOST TO SANCTIONED OIL PRODUCERS

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The conflict in the Arabian Gulf has given a lift to sanctioned crude oil producers, according to analysts at Vortexa. "High-risk" Russian, Venezuelan and Iranian barrels have been helping to fill the gap left...

TECHNIP ENERGIES IN THE CLEAR TO WORK ON $12.5B LNG PROJECT IN LOUISIANA

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French-based engineering player Technip Energies has received clearance to move forward with efforts to breathe life into a liquefied natural gas (LNG) export project under development in Louisiana, United States. Technip Energies previously secured an...

TRAFFIC THROUGH STRAIT OF HORMUZ TICKS UP, BUT IRAN RETAINS CONTROL

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Transit volume through the Strait of Hormuz remains a fraction of what it was before the Iran conflict, but there are signs that outbound movement is picking up, according to maritime data consultancy Windward....

EXIM RUBBER-STAMPS OVER $2 BILLION FOR US LNG EXPORT TO EGYPT

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The Export-Import Bank of the United States (EXIM), the United States government’s official export credit agency that supports American jobs by facilitating U.S. exports, has given the go-ahead for an export credit insurance authorization...

SOMALIA REGISTERS FIRST SHIP IN 30 YEARS WITH INTERNATIONAL REGISTRY LAUNCH

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Somalia officially registered its first ocean-going ship in more than 30 years on Wednesday as part of what the government calls a revitalization of its maritime industry. The registry is being run by a...

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