Denmark Pushes for EU-Wide Response on Strait of Hormuz
Europe should keep an open mind on helping to ensure freedom of navigation for ship traffic in the Strait of Hormuz even if the continent did not support the U.S.-Israeli decision to go to war with Iran, Denmark's foreign minister said on Monday.President Donald Trump said on Sunday his administration was talking to several countries about protecting ships in the waterway that Tehran has mostly blocked to oil tanker traffic."We must face the world as it is…
Reopening Energy Markets is in Iran's Hands, for now
When Saudi Aramco told its oil buyers in a letter this week that it had no clear idea which port it would use for April exports, it laid bare a new reality: Iran, not the United States, holds the key to reopening the global energy market.The letter, sent to Saudi oil buyers around the world, said they might receive oil from the Red Sea, but they might still get it from the Gulf."I might as well call Iran to find out when this war ends so I can get my oil…
Orlen Takes Delivery of Two LNG Carriers
The Orlen Group is expanding its capacity to transport LNG with the naming ceremony for two 174,000 cubic meter LNG carriers from Hanwha Ocean shipyard. The vessels will enhance the stability and flexibility of gas deliveries to Poland and strengthen the region’s energy security. Each new ship can deliver enough gas in a single voyage to supply as many as two million households.“Orlen is investing continuously in the energy security and independence of both Poland and the wider region.
Heavy Lift Ship Delivers Heaviest Woodfibre LNG Facility Module
Woodfibre LNG has welcomed one of the most important modules of its facility to site as the liquefaction module arrived aboard the specialized heavy cargo vessel Red Zed 1. The liquefaction module is the 15th module to arrive at site as the project moves closer to construction completion.Weighing 10,847 metric tonnes, it is the heaviest module to become part of the future Woodfibre LNG facility. Occupying a footprint roughly the size of a football field…
Kent Awarded FEED Contract for Prinos Carbon Storage Project
Kent has been selected by EnEarth, to perform the front end engineering design (FEED) for the Prinos CO₂ Storage Project in Northern Greece.Kent will develop the FEED design for the new CO₂ handling and storage facility, which will receive, store, transport, and inject CO₂ into the Prinos aquifer underlying the existing reservoir.The Prinos CO2 Storage Project is the first of its kind that has been awarded an environmental permit and a storage permit in the Mediterranean…
Singapore Bunker Sales Eased in February
Marine fuel sales in Singapore softened in February after two months of strong seasonal volumes, according to the latest data from the Maritime and Port Authority of Singapore (MPA), while trade sources said demand has strengthened in the first half of March. Volumes in Singapore, the world's largest refuelling hub, totalled 4.67 million metric tons in February, down 10.6% from prior month, but climbed…
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