CIMC Enric announced a contract for two firm plus two options for LPG/Ammonia carriers from Avance Gas to be built by its subsidiary Nantong CIMC Sinopacific Offshore & Engineering.
Oil and shipping group, Monjasa has acquired the oil and chemical tankers for bunkering and cargo operations across West Africa and in the Arabian Gulf.
The recent announcement by Cool Company Ltd (CoolCo) that it will install boil-off reliquefaction systems on five LNG carriers is a key development in this fast-moving sector.
With draught restrictions already in place the Panama Canal Authority (ACP) is implementing water saving procedures as it battles one of the worst droughts the waterway has seen.
The dark fleet and safety dangers, secondhand ship prices, mega-port developments, regulatory pressures, and much more in the latest episode of Maritime in Minutes.