Freeport Pushes Texas LNG Export Plant Restart to Year End
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 said it was on track to restart the plant in mid December and get most LNG production back in January with a return to full service in March.Freeport shut the plant on June 8 after an explosion that energy consultants said was the result of human error…
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…
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 to further advance the UK’s ability to protect our critical national infrastructure and monitor sub-sea activity."Project Cetus – named after a mythological sea monster – enhances the Royal Navy’s experimentation with autonomous underwater systems.
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 energy industry services firm Semco Maritime are rebuilding and upgrading the vessel Aurora Storm to become part of the Danish carbon capture and storage project…
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 shipping vessels carrying dry bulk commodities, shed 14 points, or about 1%, to 1,324.The main index gained 11.4% for the week, its biggest rise since Oct. 7.The capesize index .BACI was down 51 points, or about 3.3%, at 1,519.
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 the start of this season on July 1 and the end of November, Nord Cereales exported more than 1.2 million tonnes of grain, it said. This is a turnaround after…
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 final installment of the US$15 million purchase price has been received with the total proceeds from the sale to be used to make a voluntary prepayment of amortization on the company’s debt facility…
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…
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 a transport fuel has been limited because of the challenge of converting it into energy in a confined space. TotalEnergies is joining a subsidiary of Norwegian chemical company Yara International ASA…
