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Latest From LNG
The charter appears to relate to the sole unit previously without a charter out of a total of 11 on order for TMS Cardiff at South Korean yards
High-sulphur fuel oil prices surge after the crude oil outage at two plants in Saudi Arabia. This situation has has boosted liquefied natural gas’ cost advantage as a marine fuel
The two companies will take equal ownership in the new venture, which aims to facilitate the sale of liquefied natural gas as a marine fuel to end customers around the world
Frank will become chairman, with Tonkovidov set to become chief executive after seven years as vice-president and chief operating officer
The liquefied natural gas market is only expected to rebalance after 2022, after which new export capacity is expected to slow
Exmar brings its niche expertise in the liquefied natural gas sector to create synergies that it claims will be a game changer for third-party shipmanagement in the LNG sector
Liquefied natural gas-fuelled ships with eco-design may be the best option for a shipping industry in a rush to adapt to the red tape being thrown around it in response to climate change
Parent company Petronas is also gearing up for IMO 2020 by preparing facilities to supply liquefied natural gas as a marine fuel in Malaysia
Deal comes after the $21bn Arctic LNG-2 plant led by Russian private gas producer Novatek gained its final investment decision on Thursday
The recent joint ventures will help achieve the goal set by the Russian president to ensure an increase in annual cargo traffic along the northern sea route to 80m tonnes in 2024, says Novatek chairman Leonid Mikhelson
The US Energy Information Administration reported that deliveries of natural gas to customers had reached a monthly all-time high in July this year, with liquefied natural gas export facilities driving the increased demand
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