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Canada is set to be the first exporter of liquefied natural gas from North American shale to Asia's potentially $200 billion LNG market.
In North Vancouver, an LNG terminal being built and financed by a private-equity firm is scheduled to begin shipping liquefied gas to Asia within 24 months; nearly a year before its nearest U.S. competitor. This is a direct result of the…Continue
Charter costs for super-tankers hauling Middle East crude to Asia rose for the first time in three weeks amid speculation that Saudi Arabia production increases will increase the number of cargoes needed.
Charter rates for very large crude carriers travelling between Saudi Arabia and…Continue
Grand Bahama Island has a strategic location, good infrastructure, port facilities and conveniences that make it a ship owner’s haven. The island's location along established shipping lanes makes it an easy stop off point for tankers, cruise ships and other vessels. Apart from this, the nearest location for obtaining bunkers is Florida, USA.
See the map below of Grand Bahama Island and it's strategic locations along shipping…Continue
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