Engine Ordered for World’s First Methanol-Powered VLCC
China Merchants Energy Shipping (CMES), a subsidiary of China Merchants Heavy Industry (CMHI), has placed an order for the first dual-fuel methanol engine in
China Merchants Energy Shipping (CMES), a subsidiary of China Merchants Heavy Industry (CMHI), has placed an order for the first dual-fuel methanol engine in
By Nidhi Verma and Chen Aizhu NEW DELHI/SINGAPORE, Jan 13 (Reuters) – At least four Chinese-owned supertankers are shipping Russian
Two crew members on board a Euronav-owned Very Large Crude Carrier (VLCC) have died after apparently being struck by a large wave as the ship rounded Cape Horn
Shell will charter ten new Very Large Crude Carriers powered by liquefied natural gas as the energy giant seeks to reduce carbon emissions from its crude oil
By Alex Longley (Bloomberg) — Times are getting tougher by the day for oil tanker owners. With too many vessels to haul fuel, losses for supertankers on
By Alex Longley (Bloomberg) –Just six months ago, oil supertankers experienced a windfall as the pandemic slashed demand for crude and traders raced to
A VLCC carrying 2 million barrels of oil has caught fire off the east coast of Sri Lanka with one crew member reported missing. The Panama-flagged New Diamond
The South African Maritime Safety Authority (SAMSA) is responding to a VLCC in distress off the port of St. Johns. The Chinese-flagged tanker, MT Yua Hua Hu,
By Roslan Khasawneh SINGAPORE, April 24 (Reuters) – Supertanker freight rates eased this week as surging demand for floating storage cooled and crude oil
HOUSTON, Dec 9 (Reuters) – Enterprise Products Partners LP and Enbridge Inc have agreed to jointly develop a U.S. Gulf Coast crude export terminal that
By Florence Tan and Chen Aizhu SINGAPORE, Sept 27 (Reuters) – Key oil freight rates from the Middle East to Asia rocketed as much as 28% on Friday
By Devika Krishna Kumar NEW YORK, Aug 8 (Reuters) – Energy Transfer LP said on Thursday it was in discussions with potential shippers to build an export
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