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LNG shipping rates
Exports

Atlantic LNG shipping rates rise for first time in seven weeks

November 8, 2024 Andy Del Prado

Last week, LNG shipping rates continued to slide in both basins. “Spark30S Atlantic rates have experienced a week-on-week increase for the first time in seven weeks, rising by $2,250 to $20,500 per day,” Qasim Afghan, Spark’s commercial analyst, […]

gas imports
Imports

China’s October gas imports climb 20 percent

November 8, 2024 Andy Del Prado

Natural gas imports during the last month reached about 10.54 million tonnes, rising 20 percent compared to 8.79 million tonnes in October 2023, the data from the General Administration of Customs shows. China paid about $5.4 billion […]

Toyo Engineering
LNG

Toyo Engineering secures contract for third Dahej LNG jetty

November 8, 2024 Andy Del Prado

Toyo Engineering India has been awarded the engineering, procurement and construction (EPC) contract for the topside facilities of the third Dahej jetty. This includes unloading arms and other related equipment. According to a statement by […]

Rio Grande LNG
LNG

Construction progresses on NextDecade’s Rio Grande LNG project

November 8, 2024 Andy Del Prado

Schatzman said in a third-quarter business update that the facility “continues to progress safely, in line with schedule, and on budget, and the site has significantly advanced in the past few months.” “The Bechtel team […]

NFE
LNG

NFE says Nicaragua LNG-to-power project almost complete

November 8, 2024 Andy Del Prado

Back in February 2020, NFE signed a 25-year power purchase agreement with Distribuidora de Electricidad del Norte (DisNorte) and Distribuidora de Electricidad del Sur (DisSur), Nicaragua’s electricity distribution companies. As part of the deal, NFE […]

US LNG
Exports

US LNG exports down to 23 shipments

November 8, 2024 Andy Del Prado

The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 23 LNG vessels is 87 Bcf. This compares to 24 shipments and 89 Bcf in the week […]

EMA
LNG

Singapore’s EMA, PetroChina ink LNG pact

November 8, 2024 Andy Del Prado

EMA signed the memorandum with PetroChina International in Shanghai on Thursday. According to EMA, the collaboration will help strengthen Singapore’s expertise and knowledge of LNG supply and management. This is part of Singapore’s continued efforts […]

QatarEnergy
LNG

QatarEnergy names LNG carrier quartet in South Korea

November 8, 2024 Andy Del Prado

State-owned LNG giant QatarEnergy named four new conventional-size LNG vessels in South Korea as part of its giant fleet expansion program. QatarEnergy said in a statement the four new vessels, Id’asah, Nuaijah, Umm Swayyah, and […]

strategic partners
LNG

New Fortress seeking strategic partners

November 7, 2024 Andy Del Prado

Last month, NFE announced a series of financing transactions that upon closing are intended to increase the company’s liquidity and financial flexibility. “In furtherance of these goals, the company has begun work to identify strategic […]

LNG carrier
Earnings

NYK says LNG carrier earnings remain steady

November 7, 2024 Andy Del Prado

In the first six months of the fiscal year ending March 31, 2025, NYK’s consolidated revenues rose 12.7 percent year.on-year to 1,316.8 billion yen ($8.54 billion), while operating profit increased 17 percent to 148.4 billion […]

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