French energy giant TotalEnergies and compatriot shipping firm CMA CGM have received approval from the European Commission to form a 50/50 logistics joint venture and operate an LNG bunkering supply solution at the Dutch port of Rotterdam.
Norwegian LNG carrier owner Flex LNG reported higher revenues and net income in the second quarter due to high spot earnings from two vessels, while the company expects the freight market to remain volatile for the remainder of this year.