Author: Erick Parel

BW LPG sells VLGC duo to Indian joint venture

Energy News Beat MarineTraffic / Ghis v d Vijver VLGC owner and operator BW LPG has signed a memorandum of agreement to sell two vessels to the BW LPG India joint venture. The two vessels in question, the BW Pampero and BW Chinook, were acquired in the recent Avance Gas transaction and will be sold […]

Global bunker tracking tool launches

Energy News Beat Elenger The world’s first global bunker tracking tool has been launched in Rotterdam. Spotbarge’s Bunker Insights offers real-time bunker tracking and detailed analytics of every vessel bunker operation in major global hubs. Spotbarge monitors and logs essential bunker data, including loading location, fuel type, bunker quantities, and more. Currently, Bunker Insights is […]

Panama deregisters 107 ships from its fleet due to sanctions

Energy News Beat AmericasOperations Panama Maritime Authority The Panama Maritime Authority (PMA) has officially deregistered 107 Panamanian-flagged vessels listed under international sanctions, with an additional 18 currently undergoing the deregistration process. This action is in accordance with Executive Decree No. 512 of October 18, 2024, which grants the PMA the authority to unilaterally cancel the registration of […]

Flex LNG CEO Øystein Kalleklev resigns

Energy News Beat Gastech The chief executive officer of Flex LNG, Øystein Kalleklev, has resigned from his position to pursue other opportunities. Flex LNG said that its board of directors accepted Kalleklev’s resignation from the CEO role after a stint of seven and a half years. Kalleklev joined Flex LNG in October 2017 and was […]

How the liner lineup has changed this century

Energy News Beat Containers Of the 50 largest container shipping lines in the world in the year 2000, only 24 are still in existence, according to new research from Denmark’s Sea-Intelligence.  The capacity operated by these surviving carriers has grown dramatically.  Overall, they have grown their collective capacity from 2.5m teu in 2000 to 26.7m […]

How cheap is Russian natural gas via pipeline compared to LNG imports?

Energy News Beat Comparing the price of Russian natural gas delivered via pipeline to liquefied natural gas (LNG) imports in 2025 involves several factors, including production costs, transportation, market dynamics, and geopolitical influences. As of March 30, 2025, one can analyze based on available trends and historical data, though exact prices fluctuate due to real-time […]

COSCO Shipping Specialized Carriers books semisub heavylift ship at GSI

Energy News Beat Greater ChinaOperations COSCO COSCO Shipping Specialized Carriers is expanding its fleet of semi-submersible heavylift vessels with another newbuilding. The unit of COSCO Shipping Group has returned to Guangzhou Shipyard International for a 70,000 dwt unit as part of its plan to strengthen its position in the semisub offshore transportation market segment. The […]

Qinfeng Shipbuilding bags boxship orders

Energy News Beat Jiangsu Qinfeng Shipbuilding China’s Jiangsu Qinfeng Shipbuilding has secured orders from Jiangsu Lvhang Logistics for up to six containerships. The deal, with an undisclosed value covers one firm and five optional 1,138 teu newbuilds, with the first vessel expected for delivery by November 2026. No further details have been divulged, except that […]

Yang Ming signs for three Japanese newbuilds

Energy News Beat ContainersGreater China Yang Ming Taiwanese shipping line Yang Ming Marine Transport has struck a deal with Japanese owner Shoei Kisen for three 8,000 teu methanol dual-fuel-ready containership newbuilds. The world’s 10th and Taiwan’s second-largest liner operator is buying the trio currently under construction at Imabari Shipbuilding, with delivery set in 2028 and […]

SeaBird and Energy Drilling firm up merger deal

Energy News Beat Seabird Marine seismic specialist SeaBird Exploration and Singapore’s tender drilling rig specialist Energy Drilling have signed a final transaction agreement which will see the two companies merge in a share-for-share deal. The move follows a letter of intent in February aimed at creating a diversified offshore oil and gas services player. SeaBird […]