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Tankers, LNG & LPG

Stay up to date with the latest in Tankers, LNG & LPG— covering market updates, regulatory changes, vessel activity, and expert commentary from top maritime sources.
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Performance Shipping secures sale and leaseback for LR1 newbuild | Tankers

19 Mar, 2026
Greek tanker owner Performance Shipping, led-by chairperson of its board Aliki Paliou, has secured a sale and leaseback agreement for its newbuild LR1 tanker. The company entered into an agreement, through a separate wholly-owned subsidiary...

Stena Bulk CEO Erik Hånell stepping down after 14 years | Tankers

19 Mar, 2026
Erik Hånell has decided to step down from Stena Bulk after 14 years as president and chief executive officer of the tanker owner.   He will be succeeded in the role on December 1 by Philip Eriksson, who is currently the managing director of...

LNG market lacks capacity to bridge supply gap from Hormuz disruptions: JERA Global CEO

19 Mar, 2026
The global LNG market lacks the capacity to “bridge the gap” for any supply losses arising from disruptions in the Strait of Hormuz, according to Yukio Kani, global CEO and chairman of JERA, Japan’s largest power generation company. “There ...

Shell forecasts global LNG demand to surge up to 85% by 2050

19 Mar, 2026
Shell announced that global demand for liquefied natural gas is estimated to rise by 54-68% by 2040 and 45-85% by 2050 from 422 million metric tons per annum in 2025. The energy company said LNG demand is expected to increase from 422 MTPA ...

China’s crude oil output returns to growth in first two months

19 Mar, 2026
China’s crude oil production returned to growth in the first two months of the year, while crude processing and natural gas output continued to expand, data from the National Bureau of Statistics (NBS) showed Monday. From January to Februar...

Bank of America 2026 oil outlook: New price target issued

19 Mar, 2026
Bank of America has raised its forecast for 2026, warning that the Iran conflict has “wiped out” the global energy surplus and created a far more fragile outlook for supply and prices. BofA analyst Francisco Blanch said in a note to clients...

Oil Rises on Lingering Supply Concerns

19 Mar, 2026
WTI crude futures rose above $98 per barrel on Tuesday, rebounding from the previous session’s losses as investors continued to assess the impact of the Middle East conflict on global supply. Iran has stepped up attacks on energy infrastruc...

Oil inventories seen falling to record lows in April amid Hormuz disruptions

19 Mar, 2026
Global oil inventories could hit unprecedented lows within weeks if the Strait of Hormuz remains effectively closed, according to UBS. Economist Arend Kapteyn warned in a note on Tuesday that the current pace of drawdowns points to “all-tim...