QatarEnergy LNG Tanker Exits Hormuz for First Time in Weeks
A QatarEnergy-controlled liquefied natural gas tanker exited the Strait of Hormuz overnight, the first such vessel recorded by ship-tracking data leaving the waterway since July 11, data from analytics firms showed on Thursday.The Al Areesh, which loaded a cargo at Qatar's Ras Laffan terminal around July 4 to July 6, sailed on July 29 from the strait blockaded in the Iran war, data from Kpler and LSEG showed.LSEG data shows it is currently heading to Port Qasim in Pakistan, estimated to arrive on July 31.
GTT Marine to Digitize Petronas’ LNG Fleet
GTT Marine has won a contract to deploy its integrated suite of digital vessel performance solutions across Petronas’ chartered LNG carrier fleet, aiming to improve operational efficiency, lower costs and reduce emissions.The agreement covers the deployment of GTT Marine's digital platform for vessel performance monitoring, voyage optimization and cargo management, with the potential to be extended as Petronas expands its chartered LNG carrier fleet.The vessel performance solution will collect…
LNG Tankers Resume Hormuz Crossings Amid Tensions
More liquefied natural gas tankers have resumed transiting the Strait of Hormuz in recent days, ship-tracking data showed, and 22 Japan-linked vessels have left the Gulf since Tuesday, Tokyo said, despite renewed fighting in the Middle East.The Strait of Hormuz, a key route for global oil and LNG shipments, has been closely watched by shipping companies and governments following Iranian attacks this week on commercial vessels and U.S.
Projectile-Hit Qatari LNG Tanker Awaits Rescue Off Oman
A Qatari LNG tanker remained stranded off Oman on Wednesday after a projectile strike sparked a fire in its engine room, though industry sources said the vessel's cargo appeared secure and the risk of an explosion was low for now.The attacks on the tankers prompted Washington to revoke a licence allowing Iran to sell oil and U.S. forces to strike Iranian targets overnight. President Donald Trump said on Wednesday an interim agreement to end the war with Iran was "over", comments that triggered a 5% jump in global oil prices.The U.S.
A.P. Moller Holding to Acquire Ocean Yield from KKR
A.P. Moller Holding has agreed to acquire 100% of Oslo-based ship leasing company Ocean Yield from funds managed by investment firm KKR, expanding its maritime portfolio.Ocean Yield has interests in more than 70 vessels across several shipping segments, including gas carriers, LNG carriers, container ships, crude, product and chemical tankers, and dry bulk carriers.Under KKR's ownership since 2021, Ocean Yield has invested more than $3 billion to expand its portfolio, diversify its investment-grade customer base and nearly double its long-term contracted backlog to more than $5 billion…
Three More LNG Tankers Transit via Strait of Hormuz
Three more liquefied natural gas tankers have exited the Strait of Hormuz with their transponders off and are bound for destinations in Asia, although the exact timing of their transit is unclear, ship-tracking data from LSEG and Kpler showed.This comes as the United States and Iran traded air attacks for a second straight day on Thursday, with U.S. President Donald Trump vowing further strikes unless Tehran agrees to a peace deal and Washington saying it fired on a vessel carrying…
Two Crew Missing After Tanker Engine Room Fire off Oman
The U.S. military carried out a "precision" strike on a vessel in the Gulf of Oman that failed to follow its instructions and was carrying oil from Iran, it said, while India said three Indian seafarers were missing after the attack on the tanker.The U.S. began a blockade of Iran-related shipping on April 13 after Iran severely curtailed shipping through the Strait of Hormuz, a major global oil and gas route.The U.S. military's Central Command (Centcom) said a U.S. aircraft "fired…
LNG Carrier Loads in UAE as Limited Shipping Activity Returns to Hormuz
Two tankers carrying oil products exited the Strait of Hormuz over the past week, while a liquefied natural gas carrier loaded cargo in the United Arab Emirates, shipping data showed - rare movements as traffic through the chokepoint remains limited.Several tankers have managed to leave the Gulf in the past month, but oil and LNG flows are still severely constrained by the U.S.-Israeli war on Iran, which began on February 28. About a fifth of global oil and LNG supply normally passes through the Strait of Hormuz.Aframax tanker Cy Victorious…
Three Oil and LNG Tankers Exit Hormuz with Trackers Switched Off
Two supertankers and one liquefied natural gas (LNG) tanker exited the Strait of Hormuz earlier this week with their transponders switched off, and are heading for India and China, shipping data from LSEG and Kpler showed.The vessels joined a number of tankers leaving the Gulf this month, although oil and LNG traffic overall has still been limited.The Very Large Crude Carrier (VLCC) Eagle Veracruz, carrying 2 million barrels of crude loaded from Saudi Arabia in late February, is heading to Quanzhou port in the southeastern Chinese province of Fujian.
MISC Reports First Quarter Increase in Revenue
The MISC Group revenue of RM2,891.4 million ($729 million) was 2.7% higher than the revenue for the period ended March 31, 2025.The increase was mainly due to higher revenue from the company’s Petroleum and Product Shipping segment, primarily driven by higher freight rates and earning days, and higher revenue from Marine and Heavy Engineering segment, primarily from the ongoing projects advancing into higher construction phases partially offset by lower revenue from post sail-away projects.The increase in Group’s revenue was…
GTT to Design Tanks for Two Celsius Tankers’ LNG Carriers
French engineering firm GTT has received an order from Samsung Heavy Industries for the tank design of two liquefied natural gas (LNG) carriers.The vessels, being built for shipowner Celsius Tankers, will each have a capacity of 180,000 cubic metres.GTT will supply its Mark III Flex membrane containment system for the cryogenic tanks.The order was booked in the first quarter of 2026, with delivery of the vessels expected between the second and third quarters of 2028.
Loaded LNG Tankers from Qatar Turn Back Before Hormuz Crossing
Two vessels loaded with liquefied natural gas (LNG) from Ras Laffan, Qatar, turned back after they moved eastward towards the Strait of Hormuz, ship-tracking data showed on Monday.Had the vessels successfully crossed the strait, it would have been the first transit of LNG cargoes through the waterway since the U.S.-Israel war with Iran began on February 28.Data from analytics firms Kpler and LSEG showed the vessels, Al Daayen and Rasheeda, loaded their cargoes in late February.
Qatar Offers LNG Tankers for Lease as Export Plant Remains Shut
Qatar is offering at least two liquefied natural gas tankers that it controls for lease, as the country’s massive export facility in the Gulf remains shut due to the ongoing war in the Middle East, Bloomberg News reported on Friday.The Al Thumama and Mesaieed, both of which are under long-term charter by state-owned QatarEnergy, are being offered to the market, the report said citing traders with knowledge of the matter.Reuters could not immediately verify the report.(Reuters - Reporting by Devika Nair in Bengaluru; Editing by Jacqueline Wong)
Sanctioned Russian LNG Tanker Makes STS Transfer Off Malaysia
A sanctioned liquefied natural gas (LNG) tanker made a ship-to-ship (STS) transfer off the coast of Malaysia after picking up a cargo from a Russian export terminal also under Western restrictions, according to two analytics firms.The operation appears to be the first known STS transfer of sanctioned Russian LNG, despite Western efforts to curb Moscow's energy revenues over its war in Ukraine.The LNG tanker Perle, which was sanctioned by the United States in January, had been…
First Russian-Built Ice-Class LNG Tanker to Enter Operations This Year
The first Russian-built ice-class tanker for liquefied natural gas is expected to go into operation in the second half of this year at the Arctic LNG 2 plant, Interfax news agency quoted tanker group Sovcomflot as saying on Wednesday.International sanctions over Ukraine have led to a shortage of tankers in Russia that can cut through thick ice, preventing Arctic LNG 2 from exporting cargo since the first stage of the plant started operation at the end of 2023.The tanker, named Alexey Kosygin after a Soviet statesman…
The Switch to Supply Single Drives for New SDARI-Built Tankers
The Switch, a power electronics provider for the marine industry, has won a contract to deliver the single drives for shaft generators that will be installed on four tankers under construction at Xiamen Shipbuilding Industry in Fujian Province.The 113,600-dwt LNG dual-fuel Aframax vessels, designed by the Shanghai Ship Research and Design Institute (SDARI), are being built for UK-based shipowner Union Maritime and are slated for delivery in the first half of 2027. Swiss-based…
TMC Books Compressors Orders for FPSO and LNG Vessels
TMC Compressors (TMC) has secured orders for complete marine compressed air systems for 12 liquefied natural gas (LNG) vessel newbuilds and one floating production storage and offloading (FPSO) unit.As part of the first order, Hanwha Ocean picked TMC to deliver the marine compressed air system to 12 LNG vessels the South Korean shipbuilder is constructing for an undisclosed LNG shipping major.Under the contract, TMC will supply a complete system consisting of control and service air compressors, to each of the 12 vessels.
Yamal LNG Intensifies Ship-to-Ship Transfers, According to LSEG Data
Russia's liquefied natural gas plant Yamal LNG, led by Novatek, has intensified LNG ship-to-ship transfers in the Murmansk region using four gas tankers at the same time, ship-tracking LSEG data showed on Monday.Novatek resorted to using four tankers after restrictions on the transshipment of Russian LNG at European ports for sale in third countries came into force last week.According to LSEG data, Lena River and Clean Vision are near the island of Kildin in the Barents Sea, where…
GTT and COSCO to Cooperate on Training and Shipbuilding
GTT, COSCO Shipping LNG Investment (Shanghai) and COSCO Shipping Heavy Industry have signed a strategic cooperation agreement for the construction of LNG carriers.The three parties have agreed to carry out an in-depth partnership in the fields of LNG carriers, ultra large ethane carriers (ULECs), very large ethane carriers (VLECs), floating liquefied natural gas (FLNGs), as well as LNG and ammonia as fuel solutions for very large crude carriers (VLCCs).The agreement aims to foster…
GTT Pens Technical Services Deal for Eight Maran Tankers’ New Suezmax Vessels
GTT has signed technical services contract with Maran Tankers, the oil tanker shipping arm of the Angelicoussis Group, for their upcoming eight LNG dual-fuel Suezmax vessels.The vessels have been ordered in 2023 at New Times Shipyard in China.Although the future Suezmax vessels will not be equipped with GTT systems, Maran Tankers has chosen to collaborate with GTT due to its experience for ensuring performance and safety of LNG dual-fuel vessels.The contract involves GTT providing…
Chinese Shipbuilder Hires GTT to Design Tanks for 10 Verly Large LNG Carriers
French engineering company GTT has secured an order from Hudong-Zhonghua Shipbuilding for the tank design of 10 new very large liquefied natural gas (LNG) carriers.GTT will design the tanks for these ten very large LNG carriers, which will each offer five tanks with a total capacity of 271,000 m3.The value of the contract was not disclosed.The tanks will be fitted with the NO96 Super+ membrane containment system developed by GTT.Delivery is scheduled between the first quarter of 2030 and the fourth quarter of 2031.
Dark Tanker Fleet Activity Morphs
A new analysis from Windward reports a 20% decrease in the volume of direct oil voyages out of Russia in Q3 2024 compared to Q2.Q3 2024 marked the lowest monthly average of direct voyages from Russia to China since March 2023. When compared to Q2 2024 averages, there is a decrease of 12% in such voyages.This is the first total volume decrease since the beginning of the war between Russia and Ukraine and is likely related to the slight decrease in port calls in Russia this quarter.However…
Russia Opts for Ship-To-Ship LNG Transfers to Free Up Ice-Class Tankers
Russia plans to arrange ship-to-ship transfers of liquefied natural gas and gas condensate in the Barents and Bering Seas to free up more ice-class tankers for its biggest LNG producer, Novatek, a draft project document showed on Tuesday.Novatek has been pressing ahead with its new Arctic LNG 2 project despite Western sanctions restricting access to the tankers it needs to carry LNG along the Northern Sea Route to Asian markets.
