Day: April 24, 2025

U.S. natural gas production remained flat in 2024

Energy News Beat Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, April 2025 U.S. marketed natural gas production remained relatively flat in 2024, growing by less than 0.4 billion cubic feet per day (Bcf/d) compared with 2023 to average 113 Bcf/d, according to our latest Natural Gas Monthly. Production growth in the Permian was offset by declining production in […]

Vance Travels to India With High Stakes

Energy News Beat The U.S. vice president’s trip came ahead of bilateral trade talks in Washington. ​By Michael Kugelman, the writer of Foreign Policy’s weekly South Asia Brief and an analyst of the region for nearly two decades. Vance Travels to India India’s government pulled out all the stops welcoming U.S. Vice President J.D. Vance […]

SIPG arm books LNG bunker newbuild at Jiangnan

Energy News Beat SIPG Shanghai Port Group Energy has booked an LNG bunker vessel newbuilding at Jiangnan Shipyard. The business unit of Shanghai International Port Group (SIPG) has signed up for a 20,000 cu m unit, scheduled for delivery in the first half of 2027. The vessel, contracted for an undisclosed sum, will feature three […]

ZIM ordered to pay Samsung $3.7m for US demurrage violations

Energy News Beat ZIM Israeli carrier ZIM has been ordered to pay about $3.7m to Samsung Electronics America (SEA) for violating the US Shipping Act. The American affiliate of the Korean manufacturing giant filed a complaint with the Federal Maritime Commission (FMC) in October 2022, claiming Zim engaged in “unreasonable practices, retaliation, refusal to deal, […]

N-Sea hired for Irish Sea offshore wind farm cable repair

Energy News Beat N-Sea Dutch subsea services specialist N-Sea Group has been awarded a contract to repair one of the four cables that connect the Gwynt y Môr offshore wind farm in the Irish Sea to the National Grid. The offshore wind farm has a capacity of 576MW and is located off the coast of […]

More US states looking to protect shores from Trump’s offshore drilling

Energy News Beat AmericasOffshore US Senate US Senate Rhode Island senator Sheldon Whitehouse and congressman Seth Magaziner are leading a bipartisan group of senators to ban offshore drilling along the coast of New England. New England consists of Maine, Vermont, New Hampshire, Massachusetts, Connecticut, and Rhode Island. All of the states have representatives supporting the […]

UK government investing $400m to strengthen offshore wind supply chain

Energy News Beat UK Government The UK government will invest £300m ($400m) through Great British Energy to strengthen the country’s offshore wind manufacturing capabilities and supply chains. The investment is expected to directly and indirectly mobilise billions in additional private investment, helping de-risk clean energy projects, supporting thousands of jobs, and revitalising the UK’s industrial […]

Geneva Dry Dialogues: GeoServe

Energy News Beat With so many digital solutions out there, the challenge isn’t just technology—it’s integration, usability, and execution, says Alok Srivastava, the managing director of GeoServe, a voyage management solution, days ahead of his visit to Switzerland to attend Geneva Dry, the world’s premier commodities shipping summit. “Most tools solve just one problem, leaving […]

SSY appoints former Clarksons exec to lead digital transformation

Energy News Beat EuropeOperations Shipbroker SSY is trumpeting the appointment of a high-profile name as its chief information officer, a newly created role within the organisation. Richard White has moved to SSY after a career that has seen him hold board level positions at Clarksons, co-founding chartering platform Sea, and most recently working at GT […]

Updated oil tanker charter party launched

Energy News Beat Operations BIMCO and the Association of Ship Brokers & Agents(ASBA) have revised ASBATANKVOY, the only dedicated tanker form not associated with an oil major. The updated version of the voyage charter party addresses changes in the tanker trade, commercial practices and regulations since its last revision. The original edition of ASBATANKVOY has […]