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LNG

US LNG cargoes
Exports

Europe continues to be main destination for US LNG cargoes

December 18, 2023 Stu Turley

France was the top destination for US liquefied natural gas (LNG) supplies in October as Europe continues to receive the majority of volumes produced at US liquefaction plants, according to the Department of Energy’s newest […]

China’s LNG imports
Imports

China’s LNG imports rise in November

December 18, 2023 Stu Turley

China’s liquefied natural gas (LNG) imports rose for the second month in a row in November, according to customs data. Data from the General Administration of Customs shows that the country received about 6.80 million […]

Russia
Crude Oil News

Russia’s shipments via Arctic to hit record high

December 16, 2023 Stu Turley

The Northern Sea Route is already a superior alternative to other major global trade waterways, Russian Deputy Prime Minister Yuri Trutnev says Russia is actively expanding trade via the Northern Sea Route (NSR), with shipments […]

Spot LNG
Commodities

Spot LNG shipping rates, European prices continue to drop

December 15, 2023 Stu Turley

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet continued to decline this week, while European and Asian prices dropped as well. Last week, the Spark30S Atlantic decreased to $142,500 per day, […]

US weekly LNG exports
Exports

US weekly LNG exports reach 28 cargoes

December 15, 2023 Stu Turley

US liquefaction plants shipped 28 liquefied natural gas (LNG) cargoes in the week ending December 13, while natural gas deliveries to these terminals increased by 3.9 percent compared to the week before. The US EIA […]

International News

EPS takes delivery of second LNG-powered PCTC in China

December 14, 2023 Stu Turley

Singapore’s Eastern Pacific Shipping has taken delivery of its second LNG-powered pure car and truck carrier in China. China Merchants Jinling Shipyard in Nanjing delivered the LNG dual-fuel PCTC, Lake Annecy, to the Idan Ofer-led […]

LNG Canada
Exports

LNG Canada CEO: start-up activities will take more than a year to complete

December 14, 2023 Stu Turley

Shell’s LNG Canada project is now preparing to launch start-up activities next year and this program will take more than a year to complete, according to LNG Canada’s CEO, Jason Klein. Contractor JGC Fluor is […]

LNG-powered
LNG

NTS launches LNG-powered bulker for EPS

December 13, 2023 Stu Turley

China’s New Times Shipbuilding has hosted a launching ceremony for one LNG-powered bulk carrier it is building for Eastern Pacific Shipping. NTS floated out the 210,000-dwt LNG dual-fuel bulk carrier, Mount Gower, on December 9 […]

LNG-powered tug
LNG

HaiSea Marine takes delivery of its first LNG-powered tug

December 13, 2023 Stu Turley

Turkey’s Sanmar has delivered the first of two LNG-powered tugs to Canada’s HaiSea Marine, a joint venture majority owned by the Haisla Nation and partner Seaspan ULC. This tug will serve the Shell-led LNG Canada […]

Spain’s Sagunto
Imports

Spain’s Sagunto terminal gets upgrade to load small-scale LNG vessels

December 13, 2023 Stu Turley

Spain’s Sagunto liquefied natural gas import terminal near Valencia has been upgraded and is now ready to start offering LNG bunkering services, according to Enagas. Enagas said in a statement on Tuesday that the ‘LNGHIVE2: […]

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