Peninsula and Enagás partner to build LNG bunker vessel

Bunkering specialist Peninsula and Scale Gas, a subsidiary of Spanish transmission system operator Enagás, have reached an agreement for the construction and joint ownership of a 12,500 cu m liquefied natural gas (LNG) bunker vessel which will operate in the Strait of Gibraltar.

Seoul summons liners as red-hot transpacific market worries exporters

With transpacific freight rates hitting extraordinary highs and shippers struggling to find slots on crowded boxships, the South Korean government has waded in, determined that carriers do not skip the peninsula in favour of neighbouring China.