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Gas

Suez Canal cancels rebates for LNG vessels

Rebates on transit fees granted by the Suez Canal Authority to vessels carrying liquefied natural gas have been cancelled, the authority said on Monday...

Avance Gas: Resignation of CEO & changes to Board composition

Avance Gas announced that Kristian Sørensen has elected to resign his position as CEO to pursue opportunities outside of the Company. The Chairman of...

Asian LNG prices slide amid stable European gas flows

Asian spot liquefied natural gas (LNG) prices declined this week, tracking European gas prices which fell due to stable Russian gas flows and LNG...

U.S. Push to Export LNG to Europe Slowed by Climate Concerns – Sources

White House efforts to boost U.S. liquefied natural gas exports and cut Europe’s reliance on Russian gas after the invasion of Ukraine are proceeding...

US LNG exporters emerge as big winners of Europe gas crisis

U.S. liquefied natural gas (LNG) exporters are emerging as big winners of Europe’s supply crisis as they export record volumes to the European Union...

South Korea yards win most LNG newbuilding orders in Jan, Feb

Clarksons Research announced on March 8 that 41 shipbuilding orders (1.29 million CGT) were placed worldwide last month and South Korean shipbuilders won 16...

President Biden Bans Russian Oil Imports, Warning Gas Prices Will Rise Further

U.S. President Joe Biden on Tuesday banned Russian oil and other energy imports in retaliation for the invasion of Ukraine, underscoring strong bipartisan support...

Russian LNG Cargoes to Europe Disrupted by Looming Port Bans

Supplies of Russian liquefied natural gas (LNG) to Europe have been disrupted by uncertainty over whether ships can discharge cargoes at European ports due...

BW LPG confident on the long-term VLGC market

BW LPG has announced Financial Results for Q4 and FY 2021: Highlights - Generated Q4 2021 net profit after tax of USD 62.9 million. Declared a...

Golar LNG: Preliminary fourth quarter and financial year 2021 results

Golar LNG Limited announced its preliminary fourth quarter and financial year 2021 results. Highlights Total Q4 operating revenues of $115.0 million and Adjusted EBITDA1 of $93.5...

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NORDEN raises full-year guidance

Following stronger than expected operational performance in dry cargo, reduced costs associated with Persian Gulf delays and additional vessel sales, NORDEN upgrades the 2026...

A.P. Moller Holding announces the acquisition of Ocean Yield from KKR

A.P. Møller Holding A/S and KKR, a leading global investment firm, announced that they have signed an agreement under which a subsidiary of A.P....

Mercuria Energy Trading SA successfully Closes USD 3.84 billion Multi-Currency Revolving Credit Facilities

Mercuria Energy Trading S.A announced the successful closing of its USD 3.84 billion Multicurrency Revolving Credit Facilities. The Facilities comprise a new 1-year Multicurrency Revolving...

Diana Shipping Inc. announces extension of financing to support acquisition of all outstanding shares of Genco Shipping & Trading

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of...

A.P. Moller – Maersk Interim Report 2026

A.P. Moller - Maersk delivered EBITDA and EBIT of USD 1.8bn and USD 340m, respectively, down on the previous year. These results came on...

Europe targets shadow fleet tankers falsely flying Cameroon Flag, sources say

Europe is taking tougher action against tankers falsely using Cameroon’s flag registry to transport...

Celestyal to go west with new Mediterranean Odyssey sailings

Celestyal has unveiled its first dedicated Western Mediterranean programme, introducing a new 14-night voyage...

MSC Cruises sees LNG as a bridge fuel in cruise’s energy transition

The cruise industry’s energy transition will pass through LNG, but not as a final...

US and Iran enter technical talks to secure peace deal, shipping restart

The U.S. and Iran held indirect technical talks in Doha on Wednesday as they...

CMA CGM to buy FedEx third-party logistics arm for $1.4 billion

CMA CGM has agreed to buy FedEx's third-party logistics business for an enterprise ​value...

PPA S.A.: Gross dividend of 1.896 euros per share approved

The Piraeus Port Authority (PPA) successfully held its Annual General Meeting of Shareholders, in accordance with the applicable procedures, with shareholders representing 83.40% of...

Hanseatic Global Terminals plans to acquire 20% stake in Eurogate Container Terminal Hamburg

Hanseatic Global Terminals (HGT) signed a term sheet outlining the key conditions for the intended acquisition of a 20% stake in Eurogate Container Terminal...

MSC to acquire 49% stake in Adani’s Vizhinjam port

Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will buy a 49% stake in Adani Group’s Vizhinjam International Seaport in Kerala...

Asyad Group and CMA CGM Group Initiate Strategic Partnership to enhance maritime connectivity and new regional trade corridors through a multipurpose logistics terminal in...

Asyad Group, Oman’s global integrated logistics provider, and CMA CGM Group, a global player in sea, land, air and logistics solutions, headquartered in France,...

AD Ports Group and Emirates Global Aluminium Expand ‎Long-Term Partnership Through New AED 84 Million ‎Infrastructure Development at Khalifa Port

AD Ports Group, a leading global ‎enabler of integrated trade, industry and logistics solutions, and Emirates Global ‎Aluminium (EGA), the largest premium aluminium producer...