Author: Erick Parel

Energy News Beat ContainersEurope MSC MSC Mediterranean Shipping Company (MSC), the world’s largest containerline, has embarked on its most aggressive acquisition campaign of the year, snapping up more than 10 panamax and post-panamax vessels in May alone, according to sales registers and shipbrokers. The buying spree, described as the busiest of 2025 so far, includes […]

Energy News Beat CU Lines China United Lines (CUL) is making the most of the boom times suddenly being seen on the transpacific, with news from Linerlytica, a consultancy, that it reenter the tradelane with the launch of its Trans Pacific West Coast 1 (TP1) service calling at Shekou, Ningbo, Qingdao, Long Beach, Shekou from […]

Energy News Beat Austin, Oakland, New Orleans, San Francisco, Washington D.C., Phoenix, Portland, Denver, Fort Worth, San Antonio. By Wolf Richter for WOLF STREET. For the US overall, for the entire market, the median price of all single-family homes was up on a year-over year basis by 1.7% in April, having shrunk for the fourth month in a […]

Energy News Beat ENB Pub Note: This is an outstanding article from David Blackmon on the Daily Caller, and Michael and I will cover this on tommorow’s Energy News Beat Daily Standup. We highly recommend checking out David on his substack here: https://blackmon.substack.com/ After an all-night bargaining session, the House of Representatives passed the “One Big Beautiful […]

Energy News Beat President Trump has had people advising him on the Russia/Ukraine war who do not have all of the critical information. That I have covered in many podcasts with George McMillan, and you can check out his information here as an Energy News Beat contributor.  But today, as President Trump has a huge […]

Energy News Beat HD Hyundai Cido Shipping has had a change of heart on its entry into the very large ammonia carriers (VLACs) segment, choosing instead to pivot back to a more conventional market. The Hong Kong-based tonnage provider has reportedly converted its previous order at HD Hyundai Heavy Industries for a pair of 88,000 […]

Energy News Beat ENB Pub Note: Interesting about the import into Cyprus, and the Chinese equipment being used on the LNG tanker being converted to the FSRU. It is an excellent use for the older tankers to convert them into FSRUs, but there are now questions about the electronics that go into the updates. I […]

Energy News Beat “We can confirm that Energy Endurance has made the first delivery to the FSRU Excelsior,” a DET spokesman told LNG Prime via email. The spokesman did not provide further details. According to its AIS data provided by VesselsValue, the 2024-built 174,000-cbm Energy Endurance, owned by Alpha Gas, delivered the shipment from Venture Global […]

Energy News Beat Energean UK-based energy company Energean has awarded a contract to US oilfield services giant NOV (National Oilwell Varco) for critical upgrade work on its floating production, storage and offloading (FPSO) vessel, supporting its development in the Mediterranean Sea offshore Israel. The Katlan project, which ties back to the existing Energean Power FPSO […]

Energy News Beat Wood UK-based consulting and engineering firm Wood has achieved a record-breaking year in the Asia Pacific region, securing A$3 billion (US$2 billion) in contract awards over the past 12 months. Headquartered in Aberdeen, the company has won a combination of new contracts, extensions, and renewals to deliver advisory, design, execution, and operational […]