Lng News

 

Croatia to Speed up Building of LNG Terminal in Adriatic

Feb 01, 2018

Croatia will pass a special law to speed up the construction of a liquefied natural gas (LNG) terminal in the northern Adriatic, Prime Minister Andrej Plenkovic said on Thursday. Croatia produces more than half of its gas consumption, some 2…

LNG Shipping Charter Rates Under Pressure in 2018: Drewry

Jan 30, 2018

Increasing vessel supply will keep LNG charter rates under pressure in 2018, despite strong growth in trade, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry. Drewry’s short-term…

SEA\LNG Rolls Out LNG Bunkering Navigator Tool

Jan 30, 2018

A new free-to-access online tool aims to improve understanding of the current, and rapidly evolving, bunkering infrastructure landscape for liquefied natural gas (LNG). Launched by industry coalition SEA\LNG from the sixth LNG Bunkering Summit currently taking place in Amsterdam…

EDF Offers Long-term LNG Regas Capacity at Dunkirk Terminal

Jan 30, 2018

Electricite de France (EDF) has offered up to three billion cubic metres of annual regasification capacity at the Dunkirk liquefied natural gas (LNG) import terminal for 18 years from Jan. 1, 2019, it said in a market notice.The terminal's…

NYK Signs Charter with EDF LNG Shipping

Jan 29, 2018

Japanese shipping company NYK Line announced that it signed a contract with EDF LNG Shipping, a subsidiary of Electricité de France (EDF), to charter a newly built LNG carrier for a total of seven years, with optional extension periods for up to 13 more years…

BW LNG Tanker to Arrive in Rotterdam on Feb. 18

Jan 29, 2018

Liquefied natural gas tanker BW GDF Suez Brussels is due to arrive at the port of Rotterdam on February 18, Reuters shipping data show. The tanker has a capacity of 159,300 cubic metres.(Reporting by Lefteris Karagiannopoulos; editing by Jason Neely)

Hyundai Heavy Bags Canadian Facility Order

Jan 28, 2018

South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has won a design contract worth about $500 million for a liquefaction unit to be used for Steelhead LNG’s Kwispaa LNG export project in Canada’s British Columbia, reported Yonhap…

Port of Amsterdam, Titan LNG Contract for FlexFueler001

Jan 28, 2018

Port of Amsterdam and Titan LNG have signed a long-term contract for the “home” location of Titan’s bunkering pontoon: the FlexFueler001. This pontoon will be the first of its kind in Europe providing easy, affordable and safe LNG bunkering services of this cleaner marine fuel…

K-Line, NYK Line, Chubu Electric, Toyota Tsusho Eye LNG Bunkering

Jan 26, 2018

Kawasaki Kisen Kaisha (K Line), Chubu Electric Power, Toyota Tsusho Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line) have decided to work in the field of liquefied natural gas (LNG) bunkering in Japan. A joint statement that LNG…

Jefferies Upbeat on LNG, LPG and Dry Bulk Shippers

Jan 26, 2018

Jefferies optimistic on stocks of LNG, LPG and dry bulk shippers With spot rates at 4-year highs, brokerage says, 'we believe additional LNG liquefaction terminals will continue to stimulate LNG shipping demand above and beyond LNG shipping…

P&O Cruises Orders Second Ship at Meyer Werft

Jan 25, 2018

Carnival Corporation announced it has signed a shipbuilding contract for a second cruise ship for its P&O Cruises brand with German shipbuilder Meyer Werft GmbH that is scheduled to be delivered in 2022. Similar to a fellow P&O Cruises sister ship due for delivery in 2020…

Sabine Pass LNG Plant Suffers Outage

Jan 22, 2018

Production at Cheniere Energy's Sabine Pass liquefied natural gas (LNG) export plant in Louisiana is running well below capacity, resulting in disruption to cargo loadings, trade sources said.Feed gas supply into the liquefaction plant plunged sharply during the weekend…

Gas Natural Fenosa, Baleària Sign LNG Bunkering Deal

Jan 19, 2018

Spanish liquefied natural gas (LNG) operator Gas Natural Fenosa signed an exclusive 10-year LNG supply deal with Spanish ferry operator Baleària. According to the company release, the supply contract will initially apply to the ports of Barcelona…

Chevron Shipping Awards Oil, LNG Contract to GAC

Jan 17, 2018

US-based Chevron Shipping Company (CSC) has awarded  the Dubai-based GAC Group a global three-year ship agency contract for both crude and LNG vessels. The new agreement secures the provider of shipping, logistics and marine services GAC’s…

Cheniere Signs 15-year LNG Supply Pact with Trafigura

Jan 16, 2018

U.S. natural gas producer Cheniere Energy Inc said on Tuesday Singapore-based commodity trader Trafigura Pte Ltd would buy about 1 million tonnes of natural gas per year from its unit for 15 years, starting 2019.The agreement with Cheniere Marketing…

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