Sembcorp Signs LNG Sale and Purchase Agreement with Chevron
Sembcorp Industries (Sembcorp) announces that its wholly-owned subsidiary, Sembcorp Fuels (Singapore) Pte Ltd, has signed a Sale and Purchase Agreement (SPA) with Chevron U.S.A. Inc. (Singapore Branch)
VTTI and Snam finalize acquisition of Adriatic LNG
Italy's largest LNG terminal is now owned by VTTI and Snam with 70% and 30% ownership, respectively.
The Baltic Exchange - Weekly Gas report
LNG
The LNG spot market continued to stagnate this week, with rates remaining relatively flat amid limited activity. In the Pacific, the double hit of lengthy tonnage lists and elusive cargo opportunities are putting pressure on rates.
The Baltic Exchange - Weekly Tanker report
Clean
LR2
Following last week’s improvements, LR’s in the MEG stalled and lost steam this week.
The Baltic Exchange: Weekly Bulk report
Capesize
The Capesize market faced a challenging week, with the BCI 5TC steadily declining, shedding $3,909 across the week to close at $12,727, reflecting subdued sentiment and oversupply of tonnage in both basins.
Acquisition of FSRU Independence by KN Energiés completed
Hamilton, Bermuda and Klaipéda, Lithuania. Höegh Evi, a global leader in marine energy infrastructure solutions, has officially transferred ownership of the floating storage and regasification unit (FSRU)
Shell and Equinor to create the UK’s largest independent oil and gas company
Equinor UK Ltd, a subsidiary of Equinor ASA (OSE: EQNR, NYSE: EQNR, “Equinor”) and Shell U.K. Limited, a subsidiary of Shell plc (LSE: SHEL, NYSE: ADR SHEL, AMS EURONEXT: SHELL, “Shell”) are to combine their UK offshore oil and gas assets and expertise to form a new company which will be the UK North Sea’s biggest independent producer.
Global Ship Lease acquires four high-reefer containerships
Addition of 4x 2015/2016-built, immediately cash-generative post-panamax vessels, purchased from non-conventional seller at a 30+% discount to open-market charter-free values, consistent with strict investment
Αίγυπτος: Φορτηγό πλοίο βυθίστηκε στην Ερυθρά Θάλασσα
Της Γεωργίας Ερμίδη
Το φορτηγό πλοίο VSG Glory με σημαία Κομόρες που είχε προσαράξει στα ανοικτά των ακτών της Ερυθράς Θάλασσας στην Αίγυπτο βυθίστηκε στις 3 Δεκεμβρίου.
Closing Ceremony for 49# 50,000 DWT Product Oil/Chemical Tanker
On November 22, 2024, the closing ceremony for 49# 50,000 DWT Product Oil/Chemical Tanker with Hull No.0405049 was held at the meeting room on 8th floor of New Times Office Building.