Thursday, January 14, 2021
Shipping

Panama Canal’s LNG Bottleneck Could Last Until March

By Sabrina Valle and Elida Moreno RIO DE JANEIRO/PANAMA CITY, Jan 14 (Reuters) – Congestion delaying LNG shipments via the Panama Canal is expected to last through the peak demand...

January 14, 2021
Total Views: 24190

Wednesday, January 13, 2021
lng carrier
Shipping

LNG Cargo Prices Rising Faster Than Bitcoin

By Anna Shiryaevskaya, Andy Hoffman, Stephen Stapczynski and Sergio Chapa (Bloomberg) — After years building out export capacity and hiring traders, producers of liquefied natural gas and commodity trading houses are...

January 13, 2021
Total Views: 2174

Tuesday, January 12, 2021
Shipping

LNG Shipping Rates from U.S. Surge to Record on Asia Buying Boom, Panama Canal Delays

By Jonathan Saul LONDON, Jan 12 (Reuters) – The cost of shipping liquefied natural gas (LNG) from the United States to Asia hit a record high on Tuesday as appetite for the...

January 12, 2021
Total Views: 2741

lng carrier
Shipping

Asian LNG Breaks $30 Barrier as Cold Makes Traders Scramble

By Stephen Stapczynski and Anna Shiryaevskaya (Bloomberg) — North Asia’s liquefied natural gas benchmark rose above $30 per million British Thermal units for the first time, breaking a barrier that few...

January 12, 2021
Total Views: 1622

Monday, January 11, 2021
lng carrier
Shipping

World’s Priciest Ships: Winter LNG Boom Sends Charter Rates to Record

By Stephen Stapczynski and Anna Shiryaevskaya (Bloomberg) — An unprecedented shortage of liquefied natural gas tankers has made them the most expensive ships ever hired to ferry commodities. Spot rates have...

January 11, 2021
Total Views: 3739

lng carrier
Ports

Freezing Weather Snarls Asian Port, Sending Energy Prices Soaring

By Bloomberg News (Bloomberg) — China’s coldest winter in decades meant state-owned energy giant Sinopec was desperate to unload heating fuel from a vessel headed to a northern port, yet freezing...

January 11, 2021
Total Views: 1773