Freeport LNG on Friday again delayed the restart of the second-biggest U.S. liquefied natural gas (LNG) export facility, pushing start-up plans for its Texas plant to the end of the year, pending regulatory approval.In November, the company…
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Iran Oil Cargo Previously Seized by U.S. Unloads in Syria
An Iranian-flagged tanker on Friday delivered an oil shipment to Syria, which the United States had previously confiscated around Greece, ending months of uncertainty about the cargo, a ship tracker said.The seizure from the Lana, formerly the Pegas…
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UK Royal Navy Orders Crewless Submarine from MSubs
The UK Royal Navy has awarded a £15.4 million (currently around $18,8 million) contract for a crewless submarine to the Plymouth-based company MSubs. The submarine is expected to be delivered to the Navy in two years. The Navy expects the submarine…
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Platform Supply Vessel to Ship CO2 for Storage Under North Sea Seabed
A platform supply vessel, normally used to deliver goods to offshore oil and gas platforms, is undergoing preparations in the Danish Esbjerg port to carry CO2 containers for storage in the North Sea.Offshore vessel owner Blue Water and offshore…
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Baltic Index Slips, but Posts Best Week in Almost 2 Months
The Baltic Exchange's dry bulk sea freight index marked its biggest weekly percentage gain in almost two months, although declining on Friday on a fall in capesize rates.The overall index, which factors in rates for capesize, panamax and supramax shipp...
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French Grain Exports from Dunkirk Port at 10-year High
Nord Cereales, which runs France's third largest grain export silo at Dunkirk port, has shipped its biggest volume in over 10 years for the first five months of the season, it said on Friday, illustrating a fast pace of French exports. Between…
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MMA Offshore Sells Batam Shipyard
Australian offshore vessel operator MMA Offshore has completed the sale of its shipyard in Batam, Indonesia.The planned sale was first announced back in May when MMA Offshore said it would sell its shipyard facility to Wasco Engineering Group."The…
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Valeura Energy Books Tanker for Gulf of Thailand Oil Field
Oil and gas company Valeura Energy has entered into a definitive agreement with PT Samudra Alam Transport to charter the MT Vula crude oil tanker to store oil produced from the Wassana oil field, offshore in the Gulf of Thailand.In Q2 2022,…
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TotalEnergies Joins Ammonia-powered Tanker Project
France's TotalEnergies said it had joined a shipping project building test tankers which can be powered by ammonia, part of moves to speed up maritime industry decarbonization.Widely used in industrial applications, ammonia's suitability as…
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EU Tentatively Agrees $60 Price Cap on Russian Seaborne Oil
European Union governments tentatively agreed on Thursday on a $60 a barrel price cap on Russian seaborne oil - an idea of the Group of Seven (G7) nations - with an adjustment mechanism to keep the cap at 5% below the market price, according…
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