Middle East Oil, LNG Shipments Continue Despite Hormuz Tensions
Middle Eastern producers are continuing to load oil and liquefied natural gas (LNG) despite recent ship attacks in the Strait of Hormuz and renewed US -Iran strikes.
shipping | Egypt Oil & Gas
Iraq Moves to Resume Oil Exports After Iran Grants Strait of Hormuz Exemptions
Iraq is taking measures to safeguard its oil exports amid ongoing tensions in the Strait of Hormuz. The State Organization for Marketing of Oil (SOMO) has instructed customers to submit crude lifting schedules wit ...
QatarEnergy Markets LNG Tankers for Charter Amid Ongoing Production Shutdown
QatarEnergy is offering ten liquefied natural gas (LNG) tankers for lease that are currently positioned outside the Strait of Hormuz, according to industry sources, as the company deals with a production halt at i ...
Russia’s Gazprom Resumes Portovaya LNG Exports with Shipment to China
Russia’s state-controlled energy giant Gazprom has shipped a liquefied natural gas (LNG) cargo to China from its Portovaya LNG facility, marking the first apparent delivery since the US imposed sanctions on the pr ...
LNG Freight Prices Surge to Highest Level in 8 Months Due to Tanker Scarcity, Regional Conflict
Liquefied natural gas shipping costs have surged to their highest level in roughly eight months, driven by reduced vessel availability as more tankers are redirected to Asia amid rising tensions in the Middle East ...
SCA Records the Highest Shipping Rates per Day
The Chairman of Suez Canal Authority Osama Rabie disclosed that the Canal recorded the highest daily shipping rates on August 7, 2022 reaching 89 ships with total loadings 5.2 million tons from the two sides.
TotalEnergies to Ship UAE’s Oil to Europe
CSSSA shipping unit which affiliated to France's TotalEnergies has provisionally contracted with a suezmax tanker to load Abu Dhabi crude in early May for Europe.
Suez Canal Authority Keeps LNG Carrier Tolls Unchanged
The Suez Canal Authority (SCA)confirmed that the transit tolls for LNG carriers would remain steady in 2022.
BP, NYK Line Sign MoU to Help Decarbonize Shipping, Heavy Industry
BP company announced that it has signed a memorandum of understanding (MoU) with NYK Line to collaborate on solutions to help decarbonize industrial sectors including shipping.
Lithuania to Receive First LNG Shipment from Egypt
The Klaipėda liquefied natural gas (LNG) terminal expects to receive about 138,000 cubic meters of LNG from Egypt’s Idku LNG plant for the first time on May 7.
