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Articles

Exclusive: As Iran's oil exports surge, international tankers help ship its fuel

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By Keith WallisPhoto, Henning Gloystein
| Reuters
An Iranian military fighter plane flies past an oil tanker during naval manoeuvres in the Gulf and Sea of Oman April 5, 2006. REUTERS/Fars News/File Photo SINGAPORE (Reuters) - More than 25 European and Asian-owned supertankers are shipping Iranian oil, data seen by Reuters shows, allowing Tehran to ramp up exports much faster than analysts had expected following the lifting of sanctions in January.
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China to build more LNG tankers in high-tech push

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By Keith WallisPhoto
| Reuters
* Global LNG fleet needs to grow by 225 vessels by end-2020 * About 125 vessels already on order, mostly to S.Korean builders * China builders to grab a fifth of LNG ship orders to 2020 -ABS SINGAPORE, Aug 5 (Reuters) - Chinese shipyards are aiming to take some $10 billion in orders for new LNG tankers over the rest of the decade, part of a plan to restructure the country’s ailing shipbuilding sector and secure China’s energy supply chain.
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UPDATE 1-Malaysia, Indonesia to deploy rapid response team to fight soaring piracy

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By Keith WallisPhoto
| Reuters
* Malaysia to deploy a helicopter out of Johor Bharu * 75 ships attacked in the region this year, 7 last week SINGAPORE, Aug 26 (Reuters) - Malaysia and Indonesia are deploying rapid reaction teams to combat a soaring number of piracy attacks on merchant vessels in one of the world’s busiest shipping chokepoints, a Malaysian admiral said.
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