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.

The Global Centre for Maritime Decarbonisation (GCMD) has issued an Invitation-for-Proposal (IFP) for a study on offloading shipboard captured CO2.

Legitimate exports of Russian crude through the Bosphorus almost ceased yesterday as a request by Turkish authorities for proof of P&I cover on transiting tankers was turned down by major P&I Clubs which are members of the International Group.

Some of the maritime industry’s most successful safety requirements were a reaction to fuel and cargo spills, but what are the risks with future maritime fuels?

Owners of LPG carriers could be in line for record earnings during the last quarter, as a result of various factors boosting tonne-miles and limiting ship supply.

Japanese shipowner NYK says that along MTI and Elomatic it has completed concept designs for an ammonia-fuel ready Capesize bulker and a VLCC.

LNG shipping rates of $500,000 have hit the headlines but the reality is the spot market remains small and investors in the sector are attracted by its long-term fixed contracts.