
The U.S. Energy Information Administration (EIA) has reported that the Strait of Hormuz, the sea channel linking the Persian Gulf with the Gulf of Oman and the Arabian Sea, has facilitated the transport of one-fifth of global liquefied natural gas (LNG) exports.

Maritime Partners has closed a sale-leaseback refinancing of the hydrogen-powered passenger ferry Sea Change, developed by SWITCH Maritime, marking the company’s entry into the ferry sector.