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Tankers & Gas

Stay informed with the latest news, analysis, and insight impacting the crude, LNG, and LPG sectors through our expert coverage

How could Middle East crisis play out for tanker exchange-traded fund?

Trade disruptions have been positive for spot rates, and consequently, for shipping exchange-traded funds. Recent disruptions have left VLCC rates relatively unscathed, but restrictions at the Strait of Hormuz would have a significant effect on VLCCs and investments that track them

Tankers and Gas Dry Bulk

Record volumes of Russian oil shipped outside the West’s reach after sanctions crackdown

Just 39% of tankers calling at Russian ports over February had marine insurance with the International Group of P&I clubs, a proxy for sanctions compliance with the G7 oil price cap — the lowest number since it was implemented 14 months ago

Sanctions Tankers and Gas Russian Federation

Latest Articles

Crude Tankers

Russia ‘doesn’t care’ about oil spills, Swedish foreign minister warns

A casualty involving a dark fleet tanker could be extremely costly, and salvors are concerned about who will pick up the tab

Tankers and Gas VLCC

Greek broker Optima taps Singapore’s draw for China and Asia owners

Winston Yuan, head of the brokerage’s Singapore office who relocated from Shanghai last year, says he moved to be closer to his clients

Tankers and Gas VLCC

Sun sets on Venezuela oil sanctions relief as US opts to let licence expire

Sanctions on Venezuela’s oil and gas sector will resume on Thursday after the US chose not to renew a licence issued in October. The US has repeatedly warned it will let the measure expire unless president Nicolas Maduro delivers on his end of an electoral agreement road map signed in October

Sanctions Tankers and Gas

No evidence more Chinese or Russian ships transiting Bab el Mandeb

Transits of China- and Russia-affiliated ships through the Bab el Mandeb Strait have dropped as the situation has become increasingly unstable 

Red Sea Risk Containers
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Product Tankers

D’Amico pens first newbuilding contract in China

Milan-listed d’Amico International Shipping has initiated its first newbuilding programme since 2015 with an order at Jiangsu New Yangzi Shipbuilding for a pair of long range one tankers 

Tankers and Gas Shipbuilding

No evidence more Chinese or Russian ships transiting Bab el Mandeb

Transits of China- and Russia-affiliated ships through the Bab el Mandeb Strait have dropped as the situation has become increasingly unstable 

Red Sea Risk Containers

Panama Canal to increase transit slots and raise draught limits

Panama Canal Authority has laid out a timeline for future increases in bookable slots and draughts. The move comes amid better rainfall in the region and a rise in monthly transits in March

Containers Dry Bulk

The week in newbuildings: China continues to win bulk of orders

Newbuilding contracts for seven dry cargo carriers, four containerships, six MPVs, one deck cargo carrier, two heavy lift ships, eight gas carriers and eight tankers were signed in the past week

Week in Newbuildings Dry Bulk
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LPG

LNG carriers would lose but VLGCs could gain in Hormuz closure scenario

Oystein Kalleklev, CEO of Avance Gas and Flex LNG, speaks in-depth on geopolitical risk, the Panama Canal and market trends for LPG and LNG shipping

Tankers and Gas Political Risk and Trade

The week in newbuildings: China continues to win bulk of orders

Newbuilding contracts for seven dry cargo carriers, four containerships, six MPVs, one deck cargo carrier, two heavy lift ships, eight gas carriers and eight tankers were signed in the past week

Week in Newbuildings Dry Bulk

Navigator Gas completes first ship-to-ship transfer of ammonia

‘Completing this ship-to-ship transfer demonstrates the practical feasibility of ammonia bunkering and is an important step in supporting and driving the transition towards a viable carbon-free fuel source,’ according to chief executive Mads Peter Zacho

Tankers and Gas Sustainability

BW LPG pulls trigger on dual listing in New York

BW LPG has submitted a registration statement to US regulators for listing its shares on the New York Stock Exchange. Meanwhile, Hafnia, also under BW Group’s control, is scheduled to start trading on the NYSE this Tuesday, following the filing of its registration statement in late March and subsequent approval received last week

Tankers and Gas LPG
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LNG

LNG carriers would lose but VLGCs could gain in Hormuz closure scenario

Oystein Kalleklev, CEO of Avance Gas and Flex LNG, speaks in-depth on geopolitical risk, the Panama Canal and market trends for LPG and LNG shipping

Tankers and Gas Political Risk and Trade

Hapag-Lloyd confirms first dual-fuel methanol retrofits for existing fleet

Conversion of five 10,100 teu boxships to dual-fuel methanol follows agreement first announced in July 2023 for the potential retrofit of up to 45 existing vessels

Containers Sustainability

QatarEnergy’s ‘historic’ fleet expansion reaches 104 vessels with latest charter deals for 19 LNG carriers

The latest contracts mark the conclusion of the conventionally sized vessels’ part of the fleet growth

Tankers and Gas Shipbuilding

Dynagas Partners lines up $345m in Asian lease financing

All Dynagas Partners’ vessels are on long-term charter with earliest expiry expected in 2028

Tankers and Gas Finance
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