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HomeAuthorsMariel Alumit

Articles by Mariel Alumit

PSA Mumbai
Imports

PSA Mumbai poised to become India’s largest container terminal

September 7, 2025 Mariel Alumit

The prime ministers of India and Singapore gave speeches yesterday ahead of the inauguration of what will become India’s largest container terminal. With the inauguration of its phase two expansion, PSA Mumbai is poised to […]

Hanwha Ocean
International News

Hanwha Ocean scores LNG carrier order

September 7, 2025 Mariel Alumit

According to a stock exchange filing, Hanwha Ocean will build the LNG carrier for an unidentified North American owner. The contract is worth 351.2 billion won ($252 million). Are you Paying High Taxes in New […]

Tango FLNG
Finance

Eni, Exmar in arbitration over Tango FLNG performance bonus

September 7, 2025 Mariel Alumit

Exmar confirmed in its half-year report that the two firms failed to agree on the performance bonus, and Eni has “referred this matter to the London Court of International Arbitration.” Back in 2022, Exmar sold the FLNG […]

Kogas
Financial Crisis

Kogas, Kospo seal 10-year gas supply deal

September 7, 2025 Mariel Alumit

Kospo said it will receive a total of 4.4 million tons of natural gas from Kogas for 10 years from 2027. Unlike the existing “average rate system” where Kogas supplies gas uniformly to all power […]

International News

Dutch Eemshaven LNG terminal hits new record

September 6, 2025 Mariel Alumit

Image: EemsEnergyTerminal The FSRU-based LNG import facility in the Dutch port of Eemshaven, owned by Gasunie and Vopak, has reached a new record. During the summer months of June, July, and August this year, EemsEnergyTerminal […]

Exports

Spot LNG shipping rates continue to drop

September 6, 2025 Mariel Alumit

Spark’s data lead, Qasim Afghan, told LNG Prime on Friday that Spark30S (Atlantic) LNG freight rates fell $5,750 to $28,500 per day, marking the lowest Atlantic rates since April. “Spark25S (Pacific) have fallen less sharply […]

NextDecade
Finance

NextDecade, EQT seal 20-year Rio Grande LNG SPA

September 5, 2025 Mariel Alumit

Under the sales and purchase agreement, EQT will purchase 1.5 million tonnes per annum (mtpa) of LNG for 20 years on a free on board basis at a price indexed to Henry Hub, according to […]

Woodfibre LNG
Exports

Woodfibre LNG says project cost climbs to $8.8 billion

September 4, 2025 Mariel Alumit

Woodfibre LNG said in a statement that this increase reflects the “evolving realities of delivering a complex, first-of-its-kind energy project in Canada—using hydroelectricity for liquefaction, net zero from day one and uniquely regulated by an […]

No Picture
Finance

Hafnia swoops for 14.5% Torm stake in $311m deal with Oaktree

September 4, 2025 Mariel Alumit

Singapore-based product tanker giant Hafnia has agreed to acquire a 14.45% holding in Danish rival Torm from Oaktree Capital Management in a deal worth about $311.4m. The BW Group-backed owner will pay $22 per share […]

TB Marine and Ektank
International News

TB Marine and Ektank sign for chemical tanker newbuilds

September 4, 2025 Mariel Alumit

German owner TB Marine and Sweden’s Ektank have signed up for 22,000 dwt methanol-ready chemical carriers to join the IceChem Tankers pool. The Danish pool operator said four ships have been contracted, with the first […]

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