A survey of Greece’s shipowners and operators by Naftiliaki Greek Shipping shows the number operating fleets of over 1m dwt has increased to 75 from 72 a year earlier.

Tsakos Energy Navigation (TEN) has ordered up to three suezmax DP2 shuttle tankers at a South Korean shipyard, on the back of long term charter to a “major European end-user.”

Italy’s d’Amico International Shipping (DIS) has signed a memorandum of agreement to sell two of its oldest MR product tankers for a total of $25.9m.

Jiaxing LNG storage and transportation terminal project in Zhejiang province started construction at Dushan port area.

Global Energy Ventures (GEV) has announced the extension of the Letter of Intent (LOI) with Yantai CIMC Raffles Offshore for the construction of four plus four compressed natural gas (CNG) ships.

Cosco Shipping Energy Transportation ordered three 174,000 cu m LNG carriers at Hudong-Zhonghua Shipbuilding at a total cost of $554m.

Investment bankers BTIG hosted Rystad Energy for an online update on the oil markets with Artyom Tchen, a senior analyst with Rystad in a presentation entitled ‘Irrational exuberance or fundamental recovery?’

The niche LNG-to-power segment that is budding in the background may inject a much-needed boost to generate more activities for the LNG shipping market, according to analyst Drewry.

Maersk Tankers’ chief technical officer, Tommy Thomassen, believes that wind assistance provides a valuable new technology to cut fuel consumption and reduce greenhouse gas (GHG) emissions.

The legal landscape in shipping resulting from the Covid-19 pandemic is very different from the last global crisis in 2008 according to Ince senior global partner Julian Clark.