Tag Splash247

Why flawless steering cannot save a wrong course

Why flawless steering cannot save a wrong course

Every extra mile and every idle hour in port is a ‘carbon tax’ that a vessel pays with its annual rating. While the industry focuses on engine efficiency, the real battle for the CII rating is...

Splash Wrap: Iran tightens its control of Hormuz

Splash Wrap: Iran tightens its control of Hormuz

There was no sign of a shipping breakthrough in Hormuz this week. If anything, the strait became more dangerous and closed. Donald Trump has been discussing his war with Iran with Xi Jinping...

20-year-old LNG vessels become hot property

20-year-old LNG vessels become hot property

Seven large LNG carriers built between 2005 and 2006 have changed hands since the disruption in the Strait of Hormuz tightened global LNG availability, driving prices higher and forcing Asian...

Norwegian LNG owner proposes name change

Norwegian LNG owner proposes name change

Norwegian gas carrier owner Awilco LNG is looking to rebrand following the departure of long-serving chief executive Jon Skule Storheill. The Oslo-listed LNG shipping company said only several...