Agreement reached for 1.4m tonne US ammonia plant
Project has been called the first ‘meaningful’ volume of low-carbon ammonia, with production set to start in 2028
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Project has been called the first ‘meaningful’ volume of low-carbon ammonia, with production set to start in 2028
Under Heidmar’s stewardship, the goal is to use the Hong Kong-based manager’s successful history of securing long-term charters with top-tier clients to grow into new tanker segments
The Middle East Gulf remains open for shipping, despite the seizure of MSC Aries. But any further escalation could have a significant impact on freight rates
The Methanol Institute expects global production of low-carbon methanol to reach 6.8m tonnes at the end of 2025
Sanctions are a key tool for Western governments to damage Russia’s economy. The US has been actively targeting ships and, while this successfully forces changes in behaviour, many vessels are still able to do business freely, thereby revealing the limits of these restrictions