Singapore-headquartered Trafigura is to install a real-time emissions monitoring system developed by Daphne Technology aboard a chartered LNG carrier managed by Monaco-based Latsco LNG LLC.
Iran’s launch of 300 drones and missiles aimed at Israeli targets in the early hours of Sunday has led to a sharp rise in energy-related geopolitical risk and an expected spike in oil prices.
Danish tanker operator Torm says it has developed a company-wide system to increase its vessels’ energy efficiency while it waits to see which fuel will be best to select for any future newbuildings.
The Red Sea crisis with the Houthis in Yemen attacking commercial shipping transiting the region has been one of the biggest stories in shipping over the last six months.
Recent analysis by UK-based marine assurance specialist, MIS Marine, has revealed that longer voyages undertaken by LNG carriers re-routed round the Cape of Good Hope to avoid the risks of the Red Sea, are having a negative impact on the ships’...