Beijing Gas Group Company has been given approval by China’s National Development and Reform Commission on LNG project in Tianjin Nangang.

French oil company Total is to time charter two LNG-powered VLCCs from AET.

The Suez Canal Authority (SCA) is introducing new and enhanced toll rebates for containerships and LNG carriers.

FSL Trust has pocketed $2.6m from the completed sale of a 115,000-dwt crude oil tanker to an unaffiliated third party.

Saudi shipowner Bahri is making a SAR10m ($2.67m) donation to the Kingdom’s Ministry of Health in its fight against COVID-19 pandemic.

First Ship Lease Trust (FSL Trust) has appointed the head of ship finance for Hellenic Bank, Markus Wenker, as its new cfo.

The surge in world oil production that has followed the failure of OPEC+ members to reach a consensus on further supply constraints at their 5 March meeting in Vienna is likely to mean that storage capacity for crude oil and products will run out...

Cosco Shipping Energy Transportation has issued shares to raise fund for the purchase of 16 tankers.

It might seem like an obvious statement to regular readers of Seatrade Maritime News but despite the global COVID-19 pandemic the world shipping continues to work pretty much as usual round the clock.