Venture Global building LNG fleet to sell cargoes directly on spot market

U.S. liquefied natural gas exporter Venture Global LNG, which is involved in multiple legal fights with clients, has announced it is building a large fleet of LNG-powered vessels.

Venture Global’s fleet will include nine vessels. Six will have a cargo capacity of 174,000 cubic meters and three a cargo capacity of 200,000 cubic meters. The tankers are under construction in South Korea and will be delivered starting later this year. All nine ships will be primarily fueled by Venture Global’s...

https://www.freightwaves.com/news/venture-global-building-lng-fleet-to-sell-cargoes-directly-on-spot-market

ONE completes its first European Union Allowances transaction

Singapore-based container line Ocean Network Express (ONE) has announced its inaugural European Union Allowances (EUA) transaction with BNP Paribas, a global bank and financial services company headquartered in Paris, France.

Commencing on 1 January 2024, under the regulations of the EU Emissions Trading System (ETS), the maritime transport industry has been included and shipping companies are mandated to monitor, report, and verify their greenhouse gas (GHG) emissions annually and this data...

https://container-news.com/one-completes-its-first-european-union-allowances-transaction/

What trucking can to do to create safer highways

By Lane Kidd

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

When boarding a commercial flight, what do you expect? Cramped seats. Maybe an incessant talker. Or everyone’s favorite — an on-time departure, only to sit on the tarmac for an hour.

But what about safety? Do you expect airlines to keep you safe? Absolutely. U.S. airlines have achieved a remarkable safety record. Since 2010, only two people have died in...

https://www.freightwaves.com/news/what-trucking-can-to-do-to-create-safer-highways

Louis Dreyfus Armateurs plans to develop LH2-fueled SOV

As well as providing the fleet that ships aircraft components for Airbus, France’s Louis Dreyfus Armateurs (LDA) is also active in offshore wind support. Today it revealed, that, in collaboration with Norway’s Salt Ship Design, it has been developing a liquid hydrogen (LH2) fueled SOV (service operation vessel) concept.

LDA and Salt Ship Design teams have been working on the fully LH2 fueled SOV concept with key stakeholders including main equipment suppliers, class and flag authorities, and...

https://www.marinelog.com/offshore/offshore-wind/louis-dreyfus-armateurs-plans-to-develop-lh2-fueled-sov/

Strategic Marine delivers new hybrid fast crew boat duo

Singapore boat builder Strategic Marine has delivered two new Gen 4 fast crew boats to Thailand’s Truth Maritime Services. The 42-meter vessels feature business class seats for 70 passengers and enhanced passenger comfort as well as offering higher efficiency with hybrid power (+) technology

Developed in cooperation with Australian naval architect firm Southerly Design, Strategic Marine’s Gen 4 fast crew boats feature a highly efficient new hull form and Z-bow that improves seakeeping and...

https://www.marinelog.com/news/strategic-marine-delivers-new-hybrid-fast-crew-boat-duo/

OMSA adds four CEOs to its board

OMSA board member
Wes Bordelon

The Offshore Marine Service Association (OMSA) reports that four CEOs have joined its board of directors: Wes Bordelon, CEO, Bordelon Marine; Stacy Jo Stanley, CEO, Offshore Oil Services, Inc.; David Dantin, CEO Odyssea Marine; and Lasse Petterson, CEO, Great Lakes Dredge and Dock.

OMSA says that with the addition of these four executive leaders, it is paying homage to its roots while welcoming expanded opportunities in emerging energy frontiers.

OMSA board memberStacy Jo Stanley

“I am thrilled to...

https://www.marinelog.com/offshore/omsa-adds-four-ceos-to-its-board/

State of ocean freight with FMC Commissioner Carl Bentzel – WTT

On Episode 695 of WHAT THE TRUCK?!?, Dooner is talking to Commissioner Carl Bentzel of the Federal Maritime Commission. They’re diving deep on the Red Sea conflict, safe passage in trade, Panama Canal water levels and the state of U.S. ports.

Sope Creek Capital founder Kevin Nolan is doing his best Elvis impression as he talks about the brokerage casino. Can brokers really beat the house? Nolan has taken a ton of gambles in this industry, and today he tells us what worked, what didn’t and what...

https://www.freightwaves.com/news/state-of-ocean-freight-with-fmc-commissioner-carl-bentzel-wtt

Venture Global swoops on 9 in-build LNG carriers

Arlington, Va., headquartered U.S. LNG export terminal operator Venture Global LNG is getting into vessel ownership. Yesterday, it announced the acquisition of nine LNG carriers currently under construction by an undisclosed South Korean shipbuilder (or shipbuilders). It says that deliveries of the ships will start later this year. Six vessels will have a cargo capacity of 174,000 cubic meters each and three a cargo capacity of 200,000 cubic meters each. All nine ships will be primarily fueled...

https://www.marinelog.com/news/venture-global-swoops-on-9-in-build-lng-carriers/

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