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Tuesday, February 18, 2025

Gas

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Gas

Hong Kong completes first ship-to-ship LNG bunkering operation

Hong Kong has completed its inaugural ship-to-ship liquefied natural gas (LNG) bunkering operation, marking a significant step for the city as it strives to...

Sale of LNGC Golar Arctic marks Golar’s exit from LNG shipping segment

Golar LNG Limited announced that it has executed agreements to sell the 2003 built steam turbine LNG carrier, Golar Arctic. The sale price for...

Mitsui E&S starts testing of large bore low-speed ammonia dual-fuel engine

MITSUI E&S announces that on 10th February 2025, the test operation of the MITSUI-MAN B&W 7S60ME-C10.5-LGIA-HPSCR Large-bore Low-Speed Ammonia dual fuel engine (Maximum continuous...

Yara Clean Ammonia and NYK conclude world’s first time-charter agreement for ammonia-fueled medium gas carrier

Yara Clean Ammonia, the world’s largest ammonia distributor, signed a time-charter contract with Nippon Yusen Kabushiki Kaisha (NYK) for an ammonia-fueled medium gas carrier...

H-Line Shipping orders newbuild LNG bunkering vessel

HJ Heavy Industries has received an order for an 18,000m3 LNG bunkering ship from H Line Shipping for KRW127.1 billion ($87.6 million). "As the second-term Trump...

Capital Clean Energy Carriers posts increased earnings

Capital Clean Energy Carriers, an international owner of ocean-going vessels, released its financial results for the fourth quarter ended December 31, 2024. Key Quarterly Highlights Announced...

Seaspan Energy concludes first Ship-to-Ship LNG bunkering in Canada

Seaspan Energy has successfully completed its first ship-to-ship LNG bunkering operation in Canada, marking a significant milestone for the company and the country’s maritime...

Dorian LPG announces third quarter fiscal year 2025 financial results

Dorian LPG, a leading owner and operator of modern very large gas carriers, reported its financial results for the three months ended December 31,...

Russia’s Yamal LNG acquires new tanker

Russia’s liquefied natural gas plant Yamal LNG, led by Novatek, has acquired a new gas carrier for ship-to-ship operations near the Arctic port of...

MOL takes delivery of eco-friendly multi-purpose vessel

Mitsui O.S.K. Lines has taken delivery of the Prima Verde, a multi-purpose vessel that possesses several eco-friendly technologies.  Delivered on January 30, 2025, the vessel...

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Ardmore Shipping announces financial results for the three and twelve months ended December 31

Ardmore Shipping Corporation announced results for the three and twelve months ended December 31, 2024. Highlights and Recent Activity Reported Adjusted earnings of $10.3 million for...

Navios Partners posts $1.33 billion revenues in 2024

Navios Maritime Partners L.P, an international owner and operator of dry cargo and tanker vessels, reported its financial results for the fourth quarter and...

Scorpio Tankers announces financial results for the fourth quarter of 2024 and the declaration of a dividend

Scorpio Tankers Inc. (NYSE: STNG) ("Scorpio Tankers" or the "Company") today reported its results for the three months and year ended December 31, 2024....

Wallenius Wilhelmsen closes record-year with another solid quarter

The financial result for the full year of 2024 is another record-breaking result for Wallenius Wilhelmsen as it exceeds the 2023 results. Adjusted EBITDA for...

HMM sees 2024 earnings & profits rise

HMM reported revenue of KRW 11,700 billion (US$8 billion), operating profit of KRW 3,513 billion (US$2.42 billion), and net profit of KRW 3,781 billion...

Seafarer salaries have risen but so have retention rates, Danica survey reveals

Retaining seafarers has improved slightly over the past year, thanks in part to salary...

Shipping: Environmental fees skyrocket in the EU

The environmental fees paid by commercial ships calling at European ports have increased by...

Panama vessel registry says it is ‘not a haven for sanctions evasion’

Panama has made progress stripping vessels from its registry that do not meet its...

Baltic index snaps 3-day losing streak as supramax rates climb

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Baltic index declines for third day as capesize plunges to 2-year lowBaltic

The Baltic Exchange’s dry bulk sea freight index, which measures shipping rates for vessels...

Western Australia’s Ports Reopen After Tropical Cyclone Zelia

Western Australia’s ports of Dampier and Varanus Island reopened, the ports’ operator said, after Tropical Cyclone Zelia hit the state’s Pilbara iron ore region...

Thessaloniki Port targets immediate launch of 6th pier project

The procedures for implementing the investment in the 6th pier of the port of Thessaloniki will begin immediately, according to the administration of the...

Port of Long Beach sees a strong start for 2025

The Port of Long Beach started the new year with its strongest January on record and its second-busiest month ever, largely driven by retailers...

An increasing number of cruise lines choose Piraeus as their homeport

More and more cruise lines are choosing the port of Piraeus as their starting point and homeporting point for their voyages. The benefits of homeporting...

Zululand Energy Terminal signs agreement to operate South Africa’s first LNG Terminal

Zululand Energy Terminal, a joint venture between Vopak Terminal Durban and Transnet Pipelines (TPL), has officially signed the Terminal Operator Agreement (TOA) with Transnet...