Lng News

 

US LNG Exports to Increase: EIA

Aug 10, 2017

U.S. Energy Information Administration (EIA)'s latest Short-Term Energy Outlook projects that the United States will export more natural gas than it imports in 2017.  The U.S. has been a net exporter for three of the past four months and…

ENI, Anadarko to Build LNG Terminals in Mozambique

Aug 10, 2017

Italy's ENI and U.S. oil and gas firm Anadarko signed agreements with the Mozambique government on Thursday to build two liquefied natural gas terminals in the southern African country. The terminals will be built in Cabo Delgado province…

Petrobras Authorized to Export Idle LNG Cargoes

Aug 09, 2017

Brazil's Petroleo Brasileiro SA has been authorized to export idle liquefied natural gas (LNG) in the spot market, according to the Wednesday issue of the official gazette.According to the text, Petrobras has been given the green light to export up to 6…

Milaha Plans Base in Oman after Trade Hit by Diplomatic Rift

Aug 07, 2017

Qatar Navigation (Milaha), a top Doha-based shipping and logistics group, said it was shifting its regional trans-shipment hub from Dubai to the Omani port of Sohar after a diplomatic crisis in the region disrupted Qatar's trade. Milaha…

First of Yamal LNG Tankers Starts Navigation via the NSR

Aug 03, 2017

The first Arc7 ice-class LNG tanker “Christophe de Margerie” has entered the Kara Sea and has started its first LNG cargo voyage through the Northern Sea Route (NSR).  The subleased tanker will go through the NSR without the escort of icebreakers…

Dunkirk, Dunkerque Port Sign LNG Pact

Aug 02, 2017

Dunkirk's LNG Terminal and Dunkerque-Port signed an agreement for the development of an liquefied natural gas (LNG) station to supply tank trucks.  The use of LNG by shipping has grown significantly in recent months with new projects (orders for ships…

Turnkey Logistics: The Crowley Way

Aug 01, 2017

60 years of experience in the Puerto Rico trade corridor provides Crowley with the knowhow, means and staying power for the 60 that will surely follow. In March, the announcement that three new, ship-to-shore container cranes were scheduled…

Moss-Type LNG Carrier Joins MISC Berhad's Fleet

Jul 27, 2017

Malaysia’s MISC Berhad (MISC), a world leading energy related maritime solutions and services provider has taken delivery of Seri Cempaka, the third in a series of five Moss-Type Seri-C Class Liquefied Natural Gas (LNG) carriers.  The 150…

GasLog Partners Acquires Two Group Firms in Q2

Jul 27, 2017

LNG shipper GasLog Partners acquired from GasLog 100% of the shares in the entity that owns and charters the GasLog Geneva on July 3, 2017. The GasLog Geneva is a 174,000 cubic meter (cbm) tri-fuel diesel electric (TFDE) LNG carrier built in 2016 and operated by GasLog since delivery…

Höegh LNG Secures Financing for FSRU Unit

Jul 24, 2017

Höegh LNG Holdings has announced that it has received commitment letters for a US$230 million debt financing for its eighth floating storage and regasification unit (FSRU). The Facility comprises a 12 year export credit agency (ECA) term…

Nakilat Ends H12017 with $112 Mln Net Profit

Jul 24, 2017

Qatar Gas Transport Company (known as “Nakilat”, which means carriers in Arabic) recorded its financial results for the first half of the year ended June 30, 2017 with a net profit of QR 409 million ($112 million) compared to QR 501 million ($137 million) of the same period last year in 2016…

Qatar Seeks to Open New LNG Markets with Floating Terminals

Jul 19, 2017

Qatar Gas Transport Company and Norwegian shipping business Hoegh LNG have embarked on a joint project to open new markets for Qatar to sell its liquefied natural gas (LNG) via floating import terminals. Hoegh LNG, a developer of floating LNG import terminals…

Qatar to Maintain Dominance in Global LNG Market

Jul 16, 2017

Qatar will maintain its dominance over the global liquefied natural gas market despite increased supply from Australia and the United States, the weekly report by Qatar National Bank (QNB) said. A report in The Penisula quoting QNB said that Qatar currently accounts for 30…

Golar LNG Cuts Dubai FSRU Charter

Jul 12, 2017

Golar LNG Partners has agreed with the charterer of the Golar Freeze FSRU, Dubai Supply Authority (DUSUP) certain amendments to the existing time charter that was due to end in May 2020. DUSUP have two FSRU's on contract and do not currently…

Ports Firm YKIP Joins SEA/LNG Coalition

Jul 11, 2017

SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, has announced Yokohama-Kawasaki International Port Corporation (YKIP) as its latest member. Representing the Japanese ports of Yokohama and Kawasaki…

Logistics News

Joint Statement on Red Sea Attacks From ICS, BIMCO, European Shipowners, INTERCARGO, INTERTANKO

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Coal Shipments Plummet 6%, China's the Driver

CV International, Capes Shipping Agencies Announce New CFO

CV International, Capes Shipping Agencies Announce New CFO

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