Day: February 25, 2025

Vintage VLCC prices firm up

Energy News Beat EuropeTankers Prices are up for vintage VLCCs as brokers predict higher rates for ships trading outside the dark fleet.   Prices for vintage VLCCs went down in January. Now, VLCC pricing is firming again for reputable sales candidates, and a whopping $10m spread can be spotted in the latest sales filling up broking […]

Pioneering ammonia bunkering vessel project presses ahead

Energy News Beat AsiaBunkering An approval in principle (AiP) certificate has been granted for an ammonia fuelled ammonia bunkering vessel. The project has been led by Japanese shipowner Nippon Yusen Kaisha (NYK) along with Singaporean shipyard group Seatrium and its design subsidiary LMG Marin. The design will now be submitted to the Maritime and Port […]

Shipmanagers suggest changes to IMO’s net-zero framework to avoid future legal action

Energy News Beat Regulatory BSM Shipmanagers have expressed concerns in connection with the International Maritime Organization’s future net-zero framework and have suggested changes which they believe would make the proposals more effective. Acting on behalf of the global shipmanagement sector, InterManager, the international association for shipmanagers, has submitted a proposal to the next meeting of […]

US issues further Iran sanctions

Energy News Beat The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on more than 30 persons and vessels in multiple jurisdictions for their role in brokering the sale and transportation of Iranian petroleum-related products, the latest in a series of measures the new Donald Trump administration is taking […]

Alaska LNG Growth

Energy News Beat Daily Standup Top Stories Natural Gas Prices Surged 160%—And They’re Not Coming Down Soon February 24, 2025 Clark Savage Natural gas prices have jumped in recent weeks in all major consuming markets, including in the United States, where prices have soared by more than 160% from this time last year. Colder winters in […]