Lng News

 

Crowley Christens LNG ConRo El Coquí

Oct 22, 2018

Crowley Maritime Corp. on Saturday christened its Commitment Class combination container/roll on-roll off (ConRo) ship El Coquí, which is among the first of its kind to be powered by liquefied natural gas (LNG).The Jones Act compliant vessel…

Japan Spent $4 Bln to Back Global LNG Infrastructure Push

Oct 22, 2018

The Japanese government along with private companies have spent $4 billion in the past year on liquefied natural gas (LNG) projects, mainly in Asia and across the supply chain, to help spur demand for the fuel, the country's trade minister said on Monday…

Pavilion Inks Long-term LNG Charter Deal with BW

Oct 22, 2018

Singapore's Pavilion Energy has signed an agreement with commodities shipper BW Group for the long-term charter of two newly built liquefied natural gas (LNG) vessels, the company said on Monday.The 173,400 cubic meter vessels, expected to be delivered between 2019 and 2020…

US Downplays Impact on LNG Exports from China Trade Spat

Oct 22, 2018

Growing demand from other countries for U.S. liquefied natural gas (LNG) means that the United States is not concerned about a decline in exports to China amid the trade dispute between the countries, a U.S. government official said on Monday…

ENN Starts First Phase of Zhoushan LNG Import Terminal

Oct 19, 2018

Chinese gas distributor ENN Energy Holdings has begun operations at the first phase of its Zhoushan liquefied natural gas (LNG) import terminal, Vice President Ma Shenyuan said, speaking at a commencement ceremony for the terminal on Friday…

US Energy Exports to China Plummet

Oct 18, 2018

It's probably not the kind of success U.S. President Donald Trump had in mind, but his trade dispute with China has effectively killed off the burgeoning energy trade between the world's two biggest economies.China's imports of U.S. crude oil…

Novatek, Fluxys to Build German LNG Terminal

Oct 17, 2018

Russian gas producer Novatek and Belgium's Fluxys joint venture Rostock LNG GmbH has signed a Land Lease Agreement with the Port of Rostock with a view to building and operating a mid-scale liquefied natural gas (LNG) storage terminal in the port…

Panama Canal Sets Record Annual Cargo Tonnage

Oct 11, 2018

The Panama Canal closed its 2018 fiscal year with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5 percent increase from the previous year, the Panama Canal Authority reports.With this tonnage, the Panama Canal surpasses the cargo projections of 429…

LNG Report: Floating Liquefaction & Regasification

Oct 11, 2018

International Maritime Associates has completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals.   The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector…

FLEX LNG Orders Five LNG Carrier Newbuilds

Oct 10, 2018

Flex LNG, the shipping company controlled by billionaire John Fredriksen, is entering into a transaction for the acquisition of five 5th generation LNG newbuildings comprising three MEGI LNG carriers and two X-DF LNG carriers.According to a release from the shipping company…

AGL LNG Import Project Slowed by Environment Review

Oct 10, 2018

Plans by Australia's AGL Energy to start importing liquefied natural gas from 2021 will be delayed after the state of Victoria called for the company and its pipeline partner to submit a full environmental assessment of their project.The review process typically takes nine to 12 months…

Japanese Firms Sign Deals to Buy from LNG Canada

Oct 10, 2018

Two Japanese companies have signed agreements to buy liquefied natural gas (LNG) cargoes from the LNG Canada project, Reuters reported.Toho Gas Co signed a basic agreement with a wholly-owned subsidiary of Mitsubishi Corp to buy up to four cargoes or about 0…

CNOOC to Expand Jiangsu Binhai LNG Project

Oct 08, 2018

China's CNOOC plans to expand its LNG project in eastern Jiangsu province to meet rising demand from more regions, state-media China News reported citing a project manager from CNOOC.CNOOC will lift the storage tank facility of each of the four…

BW LPG: Proposal to Combine with Dorian Withdrawn

Oct 08, 2018

BW LPG Limited (BW LPG) announced that it has withdrawn its proposal to combine with Dorian LPG Ltd. (Dorian). BW LPG will also withdraw the candidates it previously intended to nominate to stand for election to the Dorian board at Dorian’s 2018 Annual Meeting of Shareholders…

Milestone LNG Bunkering for Shell and Sovcomflot in Rotterdam

Oct 04, 2018

Shell delivered its first ship-to-ship bunkering of liquefied natural gas (LNG) from specialized LNG bunker vessel Cardissa in the Port of Rotterdam on Tuesday, marking a number of key milestones as the maritime sector increasingly turns toward cleaner burning LNG fuel…

Logistics News

Net Feasa Unveils Agentic Control Tower Shipping Container Booking Platform

Net Feasa Unveils Agentic Control Tower Shipping Container Booking Platform

Panama Canal Vessel Transits Increase to 34 Per Day in April

Panama Canal Vessel Transits Increase to 34 Per Day in April

Egypt's Suez Canal Chief Shares Possible Discounts on Transit Fees

Egypt's Suez Canal Chief Shares Possible Discounts on Transit Fees

Cavotec Signs $8.99 Million Shore Power Order

Cavotec Signs $8.99 Million Shore Power Order

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Sources and tanker tracking say that traders rebrand Venezuelan crude oil as Brazilian for China.
The Panama Canal Authority reports that the number of vessels transiting the canal has increased to 34 per day.
Finland Police continue their gas pipeline rupture investigation