Gas Carriers News

 

US LNG Exports Through Panama Canal Shrink, Asia-Europe Spreads Widen

Dec 08, 2023

The number of U.S. liquefied natural gas (LNG) vessels transiting the Panama Canal to Asia halved in November compared with a year ago as Asia prices for the gas this week traded at their steepest premium to European prices in nearly two years.A severe drought has cut vessel traffic through the canal, increasing costs for shippers that take alternative routes or pay extra fees for auctioned slots in Panama…

Höegh LNG Rebrands as Höegh Evi

Sep 16, 2024

Marine energy infrastructure solutions company Höegh LNG announced it has rebranded as Höegh Evi in a move that reflects its expansion beyond liquefied natural gas (LNG) vessels and terminals.Standing for “energy vector infrastructure,” the name Evi encompass a wider range of clean energy solutions…

Loadings Picking up at Russia's Arctic LNG 2

Sep 16, 2024

The fifth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 has been picked up by a vessel managed by a company under U.S. sanctions, according to ship tracking data.The Arctic LNG 2 project by Russia's Novatek is also subject to Western sanctions over Russia's war with Ukraine…

LNG Carriers Line Up At Malaysia's Bintulu Complex After Maintenance

Sep 03, 2024

A backlog of liquefied natural gas (LNG) tankers is waiting to load at Malaysia's Bintulu terminal this week after outages and maintenance work disrupted production, according to industry sources and shiptracking data.The Bintulu facility in Sarawak…

Freeport LNG Plant in Texas to Return to Service

Aug 29, 2024

U.S. liquefied natural gas (LNG) company Freeport LNG's export plant in Texas was on track to return to service on Thursday after shutting on Wednesday, LSEG data showed.Freeport is one of the most-watched U.S. LNG export plants in the world…

Russia Planning New Sea Terminal for LPG Exports to Asia

May 22, 2024

Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with joint investments from China by the end of 2025, two industry sources said on Wednesday.Last week, Russian Direct Investment Fund (RDIF)…

US LNG Exports Slip in August

Sep 01, 2023

U.S. exports of liquefied natural gas (LNG) fell in August as some processing plants reduced output and a heat wave increased gas demand for power, leaving less gas available for LNG production, according to vessel monitoring data and analysts…

Vessel Seeks Other Port on Expected Freeport LNG Delay

Jan 19, 2023

At least one liquefied natural gas (LNG) vessel gave up on Freeport LNG's export plant in Texas by Thursday after a growing number of analysts and other sources said the facility would likely not exit its seven-month outage until February or later…

Gas Starts to Flow to Freeport LNG Export Plant

Jan 17, 2023

Freeport LNG's long-shut liquefied natural gas (LNG) export plant in Texas started receiving pipeline natural gas over the long U.S. Martin Luther King Jr holiday weekend, according to Refinitiv data.U.S. LNG exports have been steadily increasing for years and Freeport…

US Poised to Regain Crown as World's Top LNG Exporter

Jan 04, 2023

The United States is on track to become the world's biggest exporter of liquefied natural gas (LNG) this year - ahead of current market leader Australia - once a fire-idled Texas plant is restarted, according to Reuters data.A June fire sidelined Freeport LNG…

Trinidad Designing LNG Hub to Feed the Caribbean

Oct 27, 2022

Trinidad and Tobago's state-owned gas company has started work on designing a small-scale liquefied natural gas (LNG) hub that could help the Caribbean move away from oil-based power generation, the firm told Reuters.Trinidad is Latin America's largest LNG exporter and the project…

Greece's Sole LNG Terminal Ramps Up Imports to Replace Russian Gas

Sep 23, 2022

Greece has cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to its sole liquefied natural gas (LNG) terminal near Athens, the country's gas grid operator said on Thursday.Greece has relied…

Italy Must Increase LNG Capacity in 2023, Eni CEO Says

Sep 14, 2022

Italy must increase its liquefied natural gas (LNG) import capacity from next year, energy group Eni's chief executive said on Wednesday.Italy has already secured additional gas imports from Algeria and Norway to make up for a fall in supplies from Russia…

Canada Sees West Coast LNG Revival as World Scrambles for Gas

Aug 29, 2022

Canada is taking a second crack at developing a liquefied natural gas (LNG) export industry on its west coast a decade after soaring costs and indigenous opposition derailed a previous wave of proposed LNG terminals.This time, companies are…

Revell Takes the Helm at SIGTTO

Aug 04, 2022

The Society of International Gas Tanker and Terminal Operators (SIGTTO) has appointed Ian Revell as its new Chief Executive Officer & General Manager, in succession to Capt. Andrew Clifton.SIGTTO President, Steffen Jacobson, said, “I am very…

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