Term LNG carrier rates ease slightly as spot levels continue their dramatic falls
Charterers are grappling with uncertainty over winter 2023-2024 amid unexpectedly high European storage levels but remain burned by 2022
gas
Evalend piles up VLGC newbuilds at KSOE with two more options
Greek owner in high-stakes play, assembling fleet of unfixed large gas carriers
Eitzen steps in to buy Hoglund Marine after scrapped HAV Group takeover
Norwegian shipowner becomes majority shareholder in the automated and energy solutions provider
GTT wins appeal to suspend South Korean court decision on its LNG tank work
Earlier ruling that would have allowed shipyards to split technology license from technical assistance now on hold
Newbuilding order volumes down almost 40% in 2022, says Clarksons
However, more complex ships meant the value of orders was up 6% to $124.3bn
Businesses berate ‘scattergun’ approach to UK government energy support
Exclusive: small business and hospitality groups urge rethink to let firms renegotiate fairer contracts and stave off closureGroups representing more than 100,000 UK firms have accused ministers of taking a “scattergun” approach to supporting businesse…
Ice-breaking LNG carrier makes round trip voyage to China in harsh conditions
Russia continues to push boundaries on Northern Sea Route with an eastbound winter cargo
Editor’s selection: Thome-OSM tie the knot, HSBC retreats from shipping and Euronav seeks to save Frontline tie-up
A look at some of TradeWinds’ biggest and most intriguing stories of the week
Wood banks emerge as vital source of heat while US gas bills still on the rise
Wood banks distribute firewood to people in need as the average US gas bill goes up by 28% this winterInflation may be going down in the US, dropping to 6.5% from last month’s 7.1%, but the cost of keeping a home warm this winter is still on the rise. …
Germany’s third FSRU arrives at new Brunsbuttel Elbehafen LNG terminal
First commercial cargo said to be incoming from Abu Dhabi