Qatari LNG shipping company Nakilat reported higher revenues and lower operating expenses for the first quarter.

The new Muscat office will focus on crew management and allow the ship management group to offer technical and crew services to the region.

A sluggish last two years has been left behind according to consultancy MSI in its monthly liner shipping report for April, but the devil is in the detail as figures for early 2024 skewed by sluggish year-on-year comparisons.

Spanish hydrogen power specialist, H2SITE, has been awarded Approval in Principle (AiP) by Lloyd’s Register (LR) for its AMMONIA to H2POWER technology.

MidOcean Energy, a LNG company formed and managed by investment company EIG, has completed the acquisition of Korea-based SK earthon’s interest in Peru LNG (PLNG).

Lately, it seems that ocean shipping only gets into the news when its cargo is drama such as allisions with bridges, or vessel seizures, for example.

Houthi rebels in Yemen have stepped up attacks on shipping again in recent days including a strike on an Aframax tanker Andromeda Star.

Iranian Foreign Minister Hossein Amirabdollahian says it considers the crew of the Portuguese-flagged vessel MSC Aries held since 13 April a “humanitarian issue”.

OOCL is expanding its Asia - Latin America network with a new service linking China, Japan, and Korea with Mexican ports.