US-based investment firm Nebula Energy has bought a majority stake in Singapore-based Atlantic Gulf & Pacific Company (AG&P) LNG and looks at forming new firm to transport LNG.

Zeronorth will acquire and integrate Euronav’s Fleet Automatic Statistics and Tracking (FAST) into its online platform.

New Fortress Energy’s (NFE) floating LNG facility will be able to use international-flag vessels to transport LNG into the US without violating the Jones Act, US Customs has ruled.

GTT, technological expert in membrane containment systems has signed two new Technical Services Agreements (TSA) with JOVO, a major energy supplier based in China.

US Jones Act stalwart, Overseas Shipholding Group (NYSE:OSG) has received a takeover offer from largest shareholder privately held Saltchuk Resources.

Profit at Nakilat reached a record QAR1,559m ($427.7m) in 2023, despite geopolitical challenges in the shipping industry.

Houthi militia are increasingly targeting US and UK-owned vessels transiting the Red Sea with at least three ships from the two countries hit by missiles in the last two weeks, while several others have come under fire.

Middle East hostilities and decisions by many owners to re-route ships around the Cape of Good Hope is shoring up markets and keeping freight rates above expectations, which does not equate to good news for ship recycling markets.

Almost 13% of Europe’s LNG supply came to Europe via the Red Sea last year, mostly from the Middle East. But Qatar Energy, the major supplier, halted voyages via the Bab-el-Mandeb Strait and the Red Sea mid-month, re-routeing its LNG carriers...

A consortium of Japanese companies has signed contracts to build the world’ first ammonia-fuelled medium gas carrier with Japanese engines.