US-listed LNG stocks clocked double-digit gains on Friday following President Joe Biden’s plan to supply Europe with 15bn cubic metres of LNG this year to help in compensating for reduced liftings of Russian gas.

P&O Ferries vessel European Causeway has failed a Port State Control Inspection and been detained in Northern Ireland.

DP World and P&O Ferries are under intense scrutiny in the UK after the ferry operator sacked 800 workers without notice.

Oil traders meeting this week at a FT Commodities Global Summit in Lausanne projected that crude oil prices could exceed $200 later this year.

Hong Kong-incorporated Global Shipping Business Network (GSBN) is expanding into the European market with a pilot of Cargo Release in Rotterdam.

Ship manager V.Group is providing support for a union initiative to evacuate Ukrainian seafarers and their families from Odessa as war rages in the country.

Bilbao Port Authority, Spain is to provide shoreside electricity for ships docked at the port and install renewable energy power plants.

The British Prime Minister told UK parliament that P&O Ferries may have broken the law when it sacked 800 employees last week without notice.

The new South Devon College Marine Academy aims to close the skills gap in the marine and maritime industries with training in new and emerging technologies.

Damen Shipyards Group and the Hellenic Marine Equipment Manufacturers and Exports have signed a Declaration of Intent to enhance cooperation in shipbuilding and development of marine equipment and ship technology.