Petroleum production
Greeks lead in 2019 new vessel orders
Global orders for new oceangoing vessels dropped to record lows after the year's second quarter, but Greek shipowners remained the leaders in orders across the entire range of tankers and liquefied natural gas carriers, according to a survey by VesselsValue.
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Shortsea shipping lags on IMO cap
The shortsea shipping industry is being left behind in the effort to adjust to new global environmental regulations despite it being the maritime domain that needs clean fuel the most. Still, the positive impact of these regulations is the subject of some dispute.
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RAE proposal leads to hike in Revythousa charges
Imports of liquefied natural gas (LNG) are hampered by the decision of the Regulatory Authority for Energy over the pricing of the natural gas network, reversing the strategic advantages of the Revythousa terminal for the broader region and depriving Greek enterprises of a relatively cheap source of energy.
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LNG-powered ship fleet needs more infrastructure to expand
The number of new liquefied natural gas-powered vessels will almost double around the globe this year, as the deadline for slashing the sulfur content of bunker fuel is fast approaching, but their further increase to significant figures greatly depends on the improvement of infrastructure, a senior market monitoring official tells Kathimerini English Edition.
US urges Turkey against drilling operations off Cyprus
The U.S. has urged Turkey to reconsider its decision to start offshore drilling operations in Cyprus, according to a statement.
US calls on Turkey to cancel drilling plans
The State Department is calling on Turkey to reverse its decision to begin drilling operations within Cyprus' Exclusive Economic Zone.
In a statement, State Department spokeswoman Morgan Ortagus calls the decision "highly provocative" that "risks raising tensions in the region."
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Energean discovers 28-42 bcm of natural gas off Israel
Greek energy firm Energean has made a vast discovery of 28-42 billion cubic meters of natural gas in the North Karish field off Israel's northwest coast, the company said on Monday.
The discovery is located not far from the company's floating production storage and offloading (FPSO) unit, which aims for a total export capacity of 8 billion cubic meters per year.
Turkey hits historic LNG import record in Jan
Turkey's monthly LNG imports reached a historic record high at 2.34 billion cubic meters (bcm) in January 2019, according to Turkey's Energy Market Regulatory Authority's (EMRA) data.
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Probunkers invites interest in 7 LNG bunkering ships
Athens-based company Probunkers is inviting stakeholders to make proposals for the design of its liquefied natural gas bunkering vessels (LNGBVs) for the offshore refueling of other vessels.
With the rapid expansion of LNG as a marine fuel, Probunkers is turning into a world-class investment opportunity, by building a reliable global-scale LNG bunkering network.
Probunkers invites interestin 7 LNG bunkering ships
Athens-based company Probunkers is inviting stakeholders to make proposals for the design of its liquefied natural gas bunkering vessels (LNGBVs) for the offshore refueling of other vessels.
With the rapid expansion of LNG as a marine fuel, Probunkers is turning into a world-class investment opportunity, by building a reliable global-scale LNG bunkering network.