As the price of gasoline has surged to $5.00/gallon, energy matters have become front page stories in all corners of the US media landscape.

Oslo-based energy analyst Rystad's latest analysis of the world’s energy backdrop indicates a 9% fall in recoverable oil resources, adding more pressure to the planet’s energy security.

Proman Stena Bulk has taken delivery of its first methanol-powered newbuild vessel, with two more due later this year.

Commodities trader Gunvor is seeking exemption from US cabotage laws under the Jones Act for a gasoline cargo.

South Korean shipbuilder Samsung Heavy Industries (SHi) has announced it has received orders totalling $3bn for 14 LNG carriers to be delivered in 2024 and 2026, the largest single order in its history.

Very positive about the shipping outlook, but very negative about the world outlook, was a dichotomy highlighted by BW Group’s Andreas Sohmen-Pao that set the stage for proceedings at Marine Money in New York this week.

Abu Dhabi-based shipping outfit, Al Seer Marine, has bought two VLCCs to add to its growing tanker fleet.

Russian state-backed Sovcomflot’s fleet is fully insured for internation trade, its CEO said last week.

Two workers died onboard Norden-owned Nord Magic in Chittagong, Bangladesh late last week.

Analysis by the Maritime Oslofjord Alliance reveals that only about 15% of existing tankers, bulkers and container ships are equipped with electronically controlled main engines, making them potentially suitable for conversion to alternative fuels.