The most popular article of the week.
Sustaining last year’s improved profitability in 2018 may prove challenging for container shipping companies.
High scrapping and market consolidation are expected to contribute to better returns for tanker owners.
Doha-based Qatar Navigation (Milaha) reported a 34 percent drop in profit for the year 2017.
Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipper, reported an 11 percent drop in its net profit for the year 2017.
Russian LNG export player Novatek is looking to bring Saudi Aramco onboard its second liquefied natural gas export project proposed for the Arctic. Novatek’s chief executive, Leonid Mikhelson, said the company is looking to bring Saudi Aramco onboard the Arctic LNG-2 project proposed for the Gydan p
OPEC and Non-OPEC countries participating in voluntary production cuts have started off 2018 with record-breaking conformity levels.
ITF sealed today a new framework agreement for seafarers with the Joint Negotiating Group.
By 2040 the world could be powered by the most diverse fuel mix ever, with oil, gas, coal, and renewables each accounting for a quarter of the world energy.
Offshore Energy Today’s most popular news of the past week.
Two contractors shortlisted to build LNG Canada’s Kitimat export plant Shell-led LNG Canada said it had short-listed two international consortiums for the engineering, procurement and construction of its proposed liquefied natural gas (LNG) export facility in Kitimat, British Columbia. USA: Cheniere
Chemical shipping freight rates will weaken due to the depressed outlook on overtonnaged long-haul routes.
The average LNG contract length fell to a record low in 2017, according to the consultancy Poten & Partners, raising concerns on the future supply of the chilled fuel. Average contract lengths for deals signed in 2017 fell to 6.7 years – the lowest ever recorded – compared with 11.5 years in 2016, t
India’s gas utility GAIL has reportedly issued a tender seeking two cargoes of liquefied natural gas (LNG) for delivery in March. The company is seeking one cargo for delivery in first half of March and a second for delivery in second half of March, Reuters reported on Tuesday citing traders. The te
