Topic
lng
Logistics UK sanctions four LNG carriers as first direct strike on Russia's shadow fleet
The UK has become the first country to directly sanction Russia's LNG shadow fleet, adding four elderly LNG carriers to a broader package of 27 tankers. The move targets vessels acquired from a Middle Eastern shipowner and now used in Russian LNG trades, with Windward estimating Russia's LNG shadow fleet at around 23 vessels. Compliance teams are advised to monitor ownership changes and trading patterns as Western jurisdictions align ahead of EU measures in 2027.
Logistics Sanctioned Sovcomflot LNG Carrier Completes Earliest Northern Sea Route Transit in Years
Sovcomflot's sanctioned LNG carrier Christophe de Margerie has completed the earliest eastbound Northern Sea Route transit in many years, entering the route at the end of May. The 174,000 cu m vessel carried LNG from Novatek's sanctioned Arctic projects, breaking ice almost a month earlier than previous transits. The voyage highlights Moscow's efforts to maintain Arctic gas flows to Asian buyers despite sanctions.
Logistics Everllence Lands First Order for Next-Gen Methane Dual-Fuel Engine on Car Carriers
Everllence has received the world's first order for its new B&W ME-GI Mk10.7 dual-fuel methane engine. The engines will power four 8,600 CEU car carriers being built for Norwegian owner Global Car Carriers (GCC), with manufacturing by CSSC Engine in Qingdao and installation at China Merchants Jinling Shipyard in Nanjing. The engine promises high fuel efficiency, operational flexibility, and negligible methane slip.
Logistics UK Forces Seize Russian Shadow Fleet Tanker in English Channel, Prompting Calls to Arm Vessels
British forces conducted their first-ever seizure of a Russian shadow fleet tanker, the Smyrtos, in the English Channel, arresting an Indian seafarer on suspicion of sanctions offences. The operation has caused other sanctioned tankers to alter course away from the Channel. In response, Russian Senator Dmitry Rogozin suggested equipping shadow fleet tankers with explosives as a deterrent.
Commodities U.S. Approves $5B Offshore LNG Export Platform Amid Historic Regulatory Mileston
Federal regulators have approved the first-ever offshore LNG export terminal, a $5 billion project by Delfin Midstream. The platform, located 40 miles off Louisiana, will eventually export 1.8 billion cubic feet per day. Other stories include Amazon's LTL expansion, countervailing duties on Chinese and Mexican trailers, and a 30% surge in cargo theft.
Commodities U.S. Approves First LNG Production Ship Amid Controversy
The U.S. has approved its first floating LNG production ship, led by Delfin Midstream, despite controversy over environmental reviews. The project, located off Louisiana, aims to enhance U.S. energy exports.
Logistics Purus Expands LNG Fleet with New Samsung Order
Purus Marine is linked to a new LNG carrier order at Samsung Heavy Industries, expanding its fleet. The $252m contract for a 174,000 cu m vessel is set for delivery in January 2029.
Trade India's Energy Shift: Russian Crude and US LPG/LNG Imports
India continues to import significant amounts of Russian crude oil despite US pressures, while increasing LPG and LNG imports from the US. Geopolitical tensions and economic factors drive these energy trade decisions.
Trade US Invests $1.5B in LNG Infrastructure in India & SE Asia
The US is set to invest $1.5 billion in energy infrastructure, focusing on LNG, in India and Southeast Asia. This move aims to enhance energy security and expand US exports.
Logistics COSCO Expands LNG Fleet with $953m Order at Jiangnan
COSCO Shipping Energy has placed a $953 million order for four LNG carriers at Jiangnan Shipyard, enhancing its LNG fleet. The vessels, scheduled for delivery between 2029 and 2030, are expected to be chartered by Shell.
Logistics South Africa Advances LNG Terminal at Port of Ngqura
Transnet National Ports Authority has signed a 25-year agreement with Ukwanda LNG to develop an LNG terminal at the Port of Ngqura. This $1.35bn project will enhance South Africa's energy infrastructure and support its Just Energy Transition programme.