Lng News


Nakilat Holds 21st Qatar Project Shipping Forum

Apr 19, 2017

Nakilat organized the 21st Qatar Project Shipping Forum (QPSF) in London from April 18-19, 2017. The bi-annual Forum gathered Nakilat’s joint venture partners, ship operators and charterers to discuss numerous matters concerning the Nakilat…

LNG Innovation: Wison's LNG Distributor

Apr 10, 2017

The Wison-LNG-Distributor (LNGD) is a new multi-functional carrier with scalable capacity between 5000 to 20,000 cu. m. Wison-LNGD integrates the functions of LNG loading, bunkering and container delivery, which could make regional LNG redistribution more affordable and efficient…

Sovcomflot Pushes for LNG-fuelled Vessels

Apr 07, 2017

SCF Group's Sovcomflot sees bright future for LNG-fuelled vessels in the tanker industry. 'LNG is a promising fuel for large-capacity vessels, which will significantly increase their environmental compatibility and efficiency,' says the company…

Nakilat Holds Fleet Officers Meeting in Doha

Mar 29, 2017

Nakilat held its bi-annual Fleet Officers Meeting (FOM) from March 27-28, 2017 at the InterContinental Hotel in Doha, Qatar.  Held in Qatar for the first time, the event was attended by about 50 Officers from Nakilat’s LNG and LPG fleets…

Gazprom to Cement LNG Ties with Kuwait

Mar 25, 2017

Russia-based energy company Gazprom has negotiated about supplies of liquefied natural gas (LNG)  to Kuwait, reports Tass. The talks continue in 'a rather progressive mood,'during the the Energy Minister Alexander Novak’s visit to the Middle East country…

Hapag-Lloyd: Positive Operating Result in a Challenging Environment

Mar 24, 2017

Hapag-Lloyd AG remains bullish on the substantial earnings contribution from synergies from CSAV acquisition and OCTAVE cost-cutting programme alongwith further synergies expected due to the merger with UASC. Hapag-Lloyd closed the 2016 financial year with EBITDA of EUR 607…

Asian Spot LNG Prices Slip on Weak Demand

Mar 24, 2017

Asian spot LNG prices fell this week on poor demand from major gas-consuming regions despite a slew of new purchase tenders. The May spot LNG contract fell by $0.25 cents to $5.40 per million British thermal units (mmBtu), with new production coming on stream in Australia and the United States…

Nakilat Transitions LNG Mesaimeer to In-house Management

Mar 23, 2017

Nakilat has assumed full ship management and operations of Q-Flex LNG carrier Mesaimeer from STASCo (Shell Trading and Shipping Company Ltd.) with effect from March 23, 2017, as part of the planned and phased transition announced on October 19…

Top LNG Buyers Form Alliance to Push for Flexible Contracts

Mar 23, 2017

The world's biggest liquefied natural gas (LNG) buyers are clubbing together to secure more flexible supply contracts in a move that further shifts power to buyers rather than producers. Korea Gas Corp (KOGAS) said on Thursday it had signed…

Jones Act LNG-powered ConRo Ship Launched

Mar 21, 2017

Crowley Maritime Corp.’s newest combination container/Roll on-Roll off (ConRo) ship has been launched at the VT Halter Marine shipyard in Pascagoula, Miss. for the Crowley’s service between Jacksonville, Fla., and San Juan, Puerto Rico. Named El Coquí after a beloved frog native to Puerto Rico…

Gail India Seeks First-half April LNG Cargo

Mar 21, 2017

Gail India launched a tender seeking a liquefied natural gas (LNG) cargo for delivery in the first-half of April, trade sources said. The tender, launched on Monday, follows two recent cargo purchases also for delivery in April.(Reporting by Oleg Vukmanovic, editing by Louise Heavens)

CFE Extends 2-Cargo LNG Tender Close by One Day

Mar 21, 2017

Mexico's state-run power utility CFE has extended the close of a buy tender seeking two liquefied natural gas (LNG) cargoes in April by one day to Wednesday, trade sources said.The deliveries are due to arrive at Mexico's Altamira terminal on the Atlantic coast…

Video: Crowley Builds for LNG Bunkering at JAXPORT

Mar 08, 2017

Crowley Maritime Corp. and Eagle LNG Partners have started to build a new shore-side liquefied natural gas (LNG) facility on Crowley-leased property at JAXPORT’s Talleyrand Marine Terminal in Jacksonville, Fla. The new LNG bunkering facility…

Partners to Develop Western Australia LNG Supply

Feb 28, 2017

Woodside and GE have signed an agreement to work together to support the use of LNG as a fuel in Western Australia.The agreement will provide customers with the option of seamless access to reliable LNG fuel supply and gas-fuelled transport and power generation solutions…

Total in Talks to Buy Iranian LNG Project

Feb 27, 2017

Total is in talks to buy a multi-billion dollar stake in Iran's partly-built liquefied natural gas (LNG) export facility, Iran LNG, seeking to unlock vast gas reserves.The French oil major -- the first of its peers to strike deals in Iran…

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