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
gas
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
Golar nets $140m by unwinding hedges on FLNG production as gas prices fall
Swap agreements linked to TTF gas price linked volumes from multi-tariff Cameroon floater
UK energy bills to fall to about £2,200 from July as wholesale gas costs drop
Mild weather in Europe reduces gas demand but bills will remain higher than 2021 energy price capAnnual energy bills are expected to fall to about £2,200 from July in a fillip for the government and households struggling with ballooning costs.The energ…
Incoming new FSRU for Turkey’s Botas loads cargo in Egypt
Regasification vessel set to be based in Saros Bay from this month with charterer having purchase option on unit
India to ban 25-year-old tankers and bulkers, impose S&P age limit
Measure set to raise charter costs and poses question over ship values
VLGC prospects bright as Panama Canal congestion set to increase, Fearnleys says
Analyst Mia Groeng believes bottleneck will worsen as LPG shipping activity picks up
Hoegh LNG inks second 10-year deal on an FSRU with German government
Regasification vessel will serve as the unit for the Elbehafen LNG import project
GTT to roll out a digital solution to cut the frequency of tank inspections
The company has won approval in principle from Lloyd’s Register with the project set to go live shortly