Russia's Ambitious LNG Expansion Plans Hindered by Sanctions and Tanker Shortage
Russia is aiming to increase its share of the liquefied natural gas (LNG) market to 20% by 2030, but its plans face challenges due to sanctions and a shortage of ice-class LNG tankers.
ZIM Defies Transpacific Capacity Exodus as MSC Takes the Lead
Ocean carriers have reduced their capacity on the transpacific trade route by almost a quarter in the past year due to low freight rates.
“Ports for People” campaign pushes for Port of LB green energy transition
The Port of Long Beach is currently juggling plans to allow the development of new fossil fuel gas stations at the port, sparking protests from local environmentalists.
Japan to continue to ship Russia LNG despite pushback
While harsh sanctions have been imposed on Russia and its companies since February 2022 and the invasion of Ukraine, Japan has hesitated to join the fray.
U.S. and Qatar are tied for world’s largest LNG exporter
LNG stands for liquefied natural gas, a form of natural gas that has been cooled to a liquid state, making it easier to store and transport.