In 2020, Hapag-Lloyd first ordered six LNG dual-fuel containerships with a capacity of 23,660 teu from Hanwha Ocean, previously known as DSME, and it added six more sister vessels in 2021. These orders are worth about $2 billion, and […]
Hilong announced in a statement last month that its offshore engineering unit secured the offshore platform transportation and installation contract for the second phase of Eni’s Congo LNG project. According to the group, the contract […]
The US FERC said in a filing dated February 10 that it has approved Venture Global Plaquemines LNG’s requests to commission and introduce hazardous fluids to liquefaction block 8 and boil-off gas (BOG) compressor C. […]
LNG imports rose by 14.7 percent year-on-year to 23 TWh in January and accounted for 67.3 percent of the total gas imports, according to the preliminary monthly report by LNG terminal operator Enagas. Including pipeline […]
German private LNG terminal operator Deutsche ReGas has discontinued its charter with the Federal Ministry for Economic Affairs and Climate Protection for a floating storage and regasification unit in the industrial port of Mukran. The […]
Natural gas prices in the EU have climbed to their highest level in two years, driven by a combination of cold weather, declining gas reserves, and concerns over potential US tariffs on imports for […]
Taiwan has followed in Japan’s footsteps, expressing interest in buying more liquefied natural gas from the U.S. and more specifically from a project in Alaska, Reuters has reported, citing the country’s economy ministry. The statement reflects […]
Dallas-based Kosmos announced on Monday that first LNG production has been achieved at the BP-operated GTA LNG project. Last month, BP and its partners started flowing gas from wells at the GTA Phase 1 LNG […]
Deutsche ReGas announced the termination of the contract with the German Federal Ministry for Economic Affairs and Climate Protection in a statement on Monday. The vessel is one of two floating storage and regasification units […]
The LNG shipping industry has built excessive capacity in anticipation of increased LNG exports, resulting in a current oversupply of ships and plummeting charter rates. Political factors, such as the U.S. pause on new LNG […]
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