John Fredriksen, the Norwegian-born Cypriot billionaire wants to move his shipping company Frontline Ltd, to Cyprus to reap the benefits, including a European Union-approved tonnage tax regime available only to tax residents of the island, which...
LNG shipping is booming and shipyard capacity is extremely tight, but as new tonnage hits the water mid-decade it could outstrip liquefaction capacity growth heading to a market slump warns Maritime Strategies International (MSI).
China Merchants Energy Shipping (CMES) is ordering two 175,000 cu m LNG carriers from Dalian Shipbuilding Industry (DSIC) at a total cost of $470m.
Columnist Michael Grey explores the impact the sanction-busting dark tanker fleet could have on the sector’s safety reputation.