Shell Plc said on Wednesday liquefied natural gas (LNG) shipments from its Prelude floating facility off northwest Australia would be disrupted for at least two weeks due to work bans by unions fighting for better pay.Loading disruption at the 3.6-million-tonnes-a-year facility adds to tightness in a global LNG market just as Europe scrambles to secure cargoes to make up for lost Russian gas
Shipping companies are transforming rust buckets into gold mines in a modern-day alchemy that could fuel already rampant inflation for years to come.The disruption to world trade caused by pandemic lockdowns and a shortage of new cargo vessels has pushed freight rates for ageing containerships to record highs.
Spot-market rates for liquefied natural gas (LNG) tankers this week set annual records as traders bid up available vessels to meet rising global demand for the chilled gas, according to brokers.Soaring demand for LNG and buyers shunning Russian cargoes and vessels over its invasion of Ukraine have led to more long-term charters, limiting the supply of vessels to the spot market
A 180,000-square-meter-capacity liquefied natural gas (LNG) carrier is said to be the world's first large cargo ship to cross the Pacific using autonomous navigation.Built by Hyundai Heavy Industries in 2021 and delivered to SK Shipping in South Korea, the vessel Prism Courage is equipped with HiNAS 2.
U.S. exports of liquefied natural gas (LNG) fell about 8% last month, according to preliminary Refinitiv vessel tracking data on Monday, but Europe remained the top importer as the continent secures alternate supply following Russia's invasion of Ukraine.U.S. LNG exports to all destinations came to about 7.10 million tonnes (MT) last month, according to Refinitiv, down from a record high 7.
Hurricane Nicholas on Tuesday took another swipe at U.S. Gulf Coast energy facilities, cutting offshore oil and gas output gradually recovering from the last storm and disrupting power to onshore pipeline, gas and chemical plants.Royal Dutch Shell halted production its Perdido offshore oil platform due to heavy winds, and U.S.
Royal Dutch Shell on Monday began evacuating staff from a U.S. Gulf of Mexico oil platform, and other energy companies began preparing for hurricane-force winds from a second Gulf Coast storm in as many weeks.Tropical Storm Nicholas was about 105 miles (115 km) south of Port O'Connor, Texas, and moving north with winds of 60 miles per hour (97 kph).
A cargo ship was ordered to leave the U.S waters after U.S. Customs and Border Protection (CBP) agriculture specialists at the Port of New Orleans discovered invasive insects found in the wood used to secure its previous cargo offloaded earlier in Mexico. The ship, named Pan Jasmine, arrived at the anchorage of Davant, downriver from New Orleans at mile marker 54, on July 17
Freeport LNG, one of the largest operators of liquefied natural gas export plants in the United States,on Tuesday said last week's fire damage to its Texas plant would keep it fully offline until September with only partial operation through to the year end.Natural gas prices slumped in the United States and soared in Europe on the lengthier shutdown as the Quintana, Texas
A explosion occurred on Wednesday at the Freeport LNG liquefied natural gas plant on the Texas Gulf Coast, according to police, and prompting an evacuation of nearby residents in Quintana, Texas.The plant can process up to 2.1 billion cubic feet of natural gas per day into a supercooled liquid for export.Freeport LNG acknowledged an incident occurred around 11:40 a.m.
Four crew members have been rescued from a tugboat taking on water in the Intracoastal Waterway near Freeport, Texas, the U.S. Coast Guard said.Coast Guard Sector Houston-Galveston command center watchstanders received a phone call at 6:02 a.m. on Sunday from the captain of the 52-foot tugboat Captain Mark stating the vessel was taking on water near the Brazos River Flood Gates while pushing two
The ports of Houston, Galveston, Freeport and Texas City in Texas on Wednesday lifted the "yankee" status they had set ahead of Hurricane Nicholas, which made landfall on Monday, allowing the resumption of inbound vessel traffic, the U.S. Coast Guard said.Nicholas passed through the Texas coast on Tuesday on its way to Louisiana, causing minor floods and leaving over 400