News
Russia Expands LNG Dark Fleet With Four Tankers to Boost Exports
40+ min ago (494+ words) Saam FSU in the Russian Arctic. (Source: morflot. gov. ru) May 18, 2026 (Bloomberg) "Four liquefied natural gas tankers that until recently serviced Oman's export plant are beginning to load fuel from a US-sanctioned Russian project, the latest sign of Moscow's efforts…...
Climate change increases bilateral trade costs (through its impact on maritime shipping)
2+ day, 22+ hour ago (489+ words) Figure 1: Coefficients of interest across specifications In the paper, I further show that the driving factor behind this appears to be maritime trade: countries separated by an ocean, or with excessively long land routes between them, see their trade costs…...
Ship Recycling Market Hits Rare May Supply Squeeze
4+ hour ago (218+ words) The Indian subcontinent (especially India and Pakistan) ship recycling market has entered a rare period of inactivity, with Wirana Shipping's latest market outlook report showing hardly any new recycling candidates circulated during the week and no vessels currently waiting to…...
Russia expands its "shadow" fleet of LNG tankers to bypass sanctions and increase exports
4+ hour, 28+ min ago (280+ words) May 18 2026, 04: 59 AM348views Russia has deployed the vessels Kosmos, Mercury, Orion, and Luch for shipments from Arctic LNG 2. In total, the shadow gas fleet already consists of at least 20 tankers. Russia has begun using four more tankers to transport liquefied natural gas…...
Maersk revises HLS for 20" containers on Far East Asia'Europe trades
5+ hour, 56+ min ago (324+ words) COPENHAGEN: Global shipping and logistics major A. P. Moller " Maersk has announced a revision to its Heavy Load Surcharge (HLS) applicable to all 20-foot container equipment types moving from Far East Asia to North Europe and Mediterranean trades (E1 W/E2 W). The revised surcharge…...
Quebec E-Methanol Facility Could Begin Operations in 2028
12+ hour, 5+ min ago (266+ words) The plant is expected to produce 70, 000 mt/year of e-methanol. Image Credit: Storm Fisher Canadian renewable energy company Storm Fisher said its planned Verrette e-methanol facility in Quebec, Canada, could begin operations in 2028. The facility is expected to produce more…...
Diana Shipping Extends Time Charter of Post-Panamax Bulker to Early 2027
5+ hour, 55+ min ago (327+ words) World's First 24, 000 TEU Methanol Dual-Fuel Boxship Embarks on Sea Trials CIMC SOE Starts Construction of 20, 000 cbm LNG Bunkering Vessel for GSX ENERG Wuhu Shipyard Lands 57, 000 DWT Oil Tanker Newbuild Order from Shandong Ocean Shipping Group Alpha Bulkers Books Two Capesize…...
Seapeak books LNG carrier trio at Samsung Heavy Industries for Woodside Energy
2+ hour, 36+ min ago (293+ words) Tradewinds News Seapeak books LNG carrier trio at Samsung Heavy Industries for Woodside Energy Shipowner says near-term oversupply of vessels could hit its short-term chartered and redelivering ships Stonepeak-controlled Seapeak has inked three LNG carrier newbuildings worth $756m at Samsung Heavy…...
Protecting Margin and Supply Chain Amid Strait of Hormuz Crisis
5+ day, 10+ hour ago (625+ words) The Strait of Hormuz crisis is exposing a familiar but uncomfortable reality: geopolitics, energy, and supply chains are once again tightly linked. Fuel-driven industrial disruption is expected to shorten operating schedules across manufacturing hubs, including four-day workweeks and lower utilization…...
Maersk Continues Avoiding Strait of Hormuz, Reinforcing Cape Route's Strategic Importance
9+ hour, 28+ min ago (524+ words) Maersk, the world's second-largest container shipping company, said it will continue avoiding transit through the Strait of Hormuz amid ongoing regional tensions, a move that is further strengthening reliance on the Cape of Good Hope shipping route and increasing Africa's…...