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Baker Hughes has secured a contract to supply gas compression and power generation technology for ST LNG’s proposed 8.4 million tonnes per annum liquefied natural gas export terminal offshore Matagorda in Texas.Under the agreement, Baker Hughes…
https://www.marinelink.com/news/baker-hughes-supply-tech-offshore-lng-537313
https://www.marinelink.com/news/baker-hughes-supply-tech-offshore-lng-537313Libya’s coast guard has begun towing away a damaged liquefied natural gas tanker that several Mediterranean countries warned posed an environmental risk after drifting unmanned for weeks, the Tripoli‑based Government of National Unity (GNU) said.The Russian-flagged Arctic Metagaz…
https://www.marinelink.com/news/libyan-coast-guard-tows-drifting-russian-537318
https://www.marinelink.com/news/libyan-coast-guard-tows-drifting-russian-537318Oil prices slid about 4% on Wednesday on reports that the U.S. had sent Iran a 15-point proposal aimed at ending the war, prompting talk of progress toward a ceasefire.Brent futures fell 3.96, or 3.8%, to $100.53 a barrel at 10:41 a.m. EDT (1441 GMT), while U.S.
https://www.marinelink.com/news/oil-prices-fall-us-proposes-iran-peace-537319
https://www.marinelink.com/news/oil-prices-fall-us-proposes-iran-peace-537319Italy hopes to receive more gas from Algeria after agreeing to strengthen energy cooperation with the north African nation, Italian Prime Minister Giorgia Meloni said on a visit to Algiers.Meloni met President Abdelmadjid Tebboune as Rome faces…
https://www.marinelink.com/news/italian-looks-receive-lng-algeria-537320
https://www.marinelink.com/news/italian-looks-receive-lng-algeria-537320India has bought its first cargo of Iranian liquefied petroleum gas in years after the U.S. temporarily removed sanctions on Tehran's oil and refined fuels, LSG trade flows and three industry sources said.India had shunned energy purchases from Iran in 2019 under pressure from Western sanctions.
https://www.marinelink.com/news/india-buys-first-iraian-lpg-us-removes-537321
https://www.marinelink.com/news/india-buys-first-iraian-lpg-us-removes-537321Asia Pacific Maritime (APM) 2026 kicked off today to a record-breaking turnout, with its largest-ever edition occupying 6 exhibition halls across 2 levels at the Sands Expo & Convention Centre, Marina Bay Sands Singapore. Bringing together 819 exhibitors…
https://www.marinelink.com/news/asia-pacific-maritime-product-launches-537328
https://www.marinelink.com/news/asia-pacific-maritime-product-launches-537328Today, Thursday, March 25 2026, the Baltic Dry Index climbed by 12 points, reaching 2001 points. Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry ...
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2001-up-12-points/
https://www.hellenicshippingnews.com/baltic-dry-index-climbs-to-2001-up-12-points/The fourth week of the Persian Gulf war has produced a flurry of competing signals for commercial shipping – a US peace framework, a conditional Iranian offer to allow some vessels through the Strait of Hormuz, grave warnings about mines in the waterway, and a bunker market that industry veterans describe as the worst supply …
https://splash247.com/shipping-faces-diplomatic-promise-but-practical-peril-in-the-strait-of-hormuz/
https://splash247.com/shipping-faces-diplomatic-promise-but-practical-peril-in-the-strait-of-hormuz/The UK Chamber of Shipping has appointed Shell executive Karrie Trauth as its new president. Trauth, executive vice president of shipping and maritime at Shell, was elected at the organisation’s annual general meeting this week. Donnacha O’Driscoll, executive vice president for maritime and sustainability at Carnival UK, was confirmed as vice president. She takes over …
https://splash247.com/uk-chamber-of-shipping-names-shell-executive-as-new-president/
https://splash247.com/uk-chamber-of-shipping-names-shell-executive-as-new-president/Greece’s Golden Energy Management has placed another suezmax tanker order in South Korea, extending its fleet renewal drive in the crude segment. Shipbroking sources say the Athens-based owner, controlled by the Restis family, has contracted DH Shipbuilding for a 157,000 dwt vessel at a price of around $89.5m and delivery expected in 2029. The latest …
https://splash247.com/resits-family-backs-fresh-tanker-order-in-korea/
https://splash247.com/resits-family-backs-fresh-tanker-order-in-korea/