$19 Billion LNG Ship Order a Boon for South Korean Shipbuilders
SEOUL, June 2 (Reuters) – South Korea’s ailing shipbuilders have been thrown a lifeline in an increasingly tough market with a $19 billion order
SEOUL, June 2 (Reuters) – South Korea’s ailing shipbuilders have been thrown a lifeline in an increasingly tough market with a $19 billion order
State-owned Qatar Petroleum has entered into shipbuilding agreements with South Korea’s “Big 3” shipyards for the construction of up to 100 LNG carriers
The biggest and most powerful LNG-fueled engine ever built has been approved for use on board the first vessel in a series nine 23,000 TEU containerships owned
By Anna Shiryaevskaya (Bloomberg) — Shipments of liquefied natural gas will decline from record levels as global economic growth weakens and energy
By Anna Shiryaevskaya and Naureen S. Malik (Bloomberg) — Liquefied natural gas traders are following the latest trend in the oil market by storing huge
By Naureen S. Malik, Anna Shiryaevskaya and Stephen Stapczynski (Bloomberg) — One of the world’s biggest liquefied natural gas exporters is signaling
The U.S. Department of Energy has approved four more LNG export projects in Texas that will add 6.75 billion cubic feet per day of liquefied natural gas export
By Stephen Stapczynski (Bloomberg) — Two of Europe’s biggest energy companies rejected a Chinese force majeure on liquefied natural gas contracts in
By Catherine Traywick, Stephen Cunningham, Naureen Malik and Dave Merrill (Bloomberg) –In May, while President Donald Trump toured a new $10 billion
The fifteenth and final icebreaking LNG carrier responsible for shipping gas from the remote Yamal LNG terminal in the Russian Arctic has now been delivered.
Total has announced the launching of its first large LNG bunkering vessel that will be used to fuel gas-powered ships in the Northern Europe. The
By Anna Shiryaevskaya and Stephen Stapczynski (Bloomberg) –The cost of chartering a liquefied natural gas vessel on the short-term market has jumped the
By Anna Shiryaevskaya – (Bloomberg) –Giant ocean-going tankers built the liquefied natural gas industry into a $150-billion-a-year business. The
Russian natural gas produce Novatek said it shipped fifteen cargoes from its Yamal LNG plant to Asia via the Northern Sea Route in the third quarter of 2019,
The world’s first ultra-large containership to be powered by liquefied natural gas was launched in China this week. CMA CGM JACQUES SAADE is the first of
By Collin Eaton HOUSTON, Sept 18 (Reuters) – The next wave of U.S. liquefied natural gas (LNG) export projects will be “tougher” to bring online, as
A joint venture involving partnership between Vancouver, Canada-based Seaspan and the Haisla First Nation has been awarded a contract to design, build and
CMA CGM has ruled out using the Northern Sea Route for trade between Asia and Europe despite it being navigable during much of the year due to climate change.
Fincantieri Bay Shipbuilding has been selected to construct an LNG barge to serve the U.S. east coast market. The vessel will be constructed at Fincantieri Bay
By Anna Shiryaevskaya and Naureen S. Malik (Bloomberg) –Liquefied natural gas tankers are taking longer-than-usual journeys to deliver cargoes and
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