Freight News
Product tanker newbuilding contracts in the first eight months of the year dropped 86 percent year-over-year to 2 million deadweight tonnes, representing a nine-year low, said BIMCO Shipping Analysis Manager Filipe Gouveia.
The development marks a stark reversal from the boom seen in 2023 and 2024. During those years, ships in the Long-Range 2 and Medium-Range segments dominated the order book. A pick-up in contracting for Long-Range 1s was also notable ...
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Hapag-Lloyd and Shell Western LNG B.V. (Shell) have signed a multi-year agreement for the supply of liquefied biomethane starting with immediate effect. The agreement builds on a strategic collaboration established in 2023 to accelerate the decarbonization of alternative marine fuels.
Biomethane, also known as Bio-LNG, plays ...
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Mammoet, the Dutch company specializing in engineered heavy lifting and the transport of oversized cargo, has helped to achieve a significant milestone, along with Skanshka-Traylor and Carver Marine, in the Portal North Bridge project.
The infrastructure project replaces the century-old Portal Bridge, a key link between ...
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In October 2018, LNG Canada made a final investment decision to build its liquefied natural gas, or LNG, export facility in Kitimat, British Columbia, the largest energy investment in Canadian history.
The LNG export facility – the first of its kind in Canada– facilitates the safe ...
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deugro, the freight forwarding and project logistics giant, and partners put to work its newest roll-on/roll-off vessel, the Rotra Futura, when it delivered wind turbine blades from Denmark to the U.S., shortly after beginning operations this past summer.
The project supply vessel, specifically designed to handle ...
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CB&I, a leading designer and builder of storage facilities, tanks and terminals, said it has been awarded a contract for the Thacker Pass lithium mine project in Humboldt County.
The pass is the world’s largest known measured lithium resource (measured and indicated) and reserve (proven and ...
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Cheniere Energy, the Houston-based producer of liquefied natural gas (or LNG), selected Bechtel, the engineering, procurement and construction (EPC) giant, to develop the first U.S. greenfield LNG export facility in 50 years, the Corpus Christi Liquefication facility.
Cheniere and Bechtel have worked together for almost two decades ...
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Swiss transport and logistics company AsstrA-Associated Traffic AG said it successfully completed a complex transportation of a main power generation package and associated equipment from Chittagong, Bangladesh to Houston.
The project began in 2023 when a new client asked AsstrA to quote budgetary shipping and transportation ...
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Sallaum Lines has taken early delivery of the Ocean Breeze, a next-generation liquefied natural gas, or LNG, dual-fuel pure car and truck carrier (PCTC).
The vessel, Fujian Mawei Shipbuilding in China, was delivered July 18, four months ahead of schedule.
The carrier said the Ocean Breeze represents ...
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Global electricity demand is expected to expand at one of the fastest sustained paces in more than a decade despite ongoing economic pressures, according to a recent report of the International Energy Agency, or IEA.
Renewables, natural gas and nuclear all contributing to meet the additional ...
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