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International News

French Bank Pulls Funding for Two LNG Projects

March 26, 2024 Mariel Alumit

French lender Credit Agricole has declared it will no longer finance the Rovuma LNG project in Mozambique and the Papua LNG project in Papua New Guinea. The bank cited its commitments to reduce exposure to […]

Gunvor
LNG

Texas LNG inks 20-year LNG offtake deal with Gunvor

March 19, 2024 Mariel Alumit

Texas LNG, a four million tonnes per annum (MTPA) liquefied natural gas (LNG) export terminal to be constructed in the Port of Brownsville, Texas, and a subsidiary of Glenfarne Energy Transition, has signed a heads […]

Himalaya’s LNG bulkers
LNG

Himalaya’s LNG bulkers earned about $28,400 per day in January

February 9, 2024 Stu Turley

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $28,400 per day in January. Tor Olav Trøim’s Himalaya said in a commercial update that the company’s six vessels trading on a […]

LNG
Exports

US weekly LNG exports reach 24 shipments

February 9, 2024 Mariel Alumit

US liquefaction plants shipped 24 liquefied natural gas (LNG) cargoes in the week ending February 7, while natural gas deliveries to these terminals decreased by 4.9 percent compared to the week before. The EIA said […]

charter
LNG

NYK, Jera seal LNG carrier charter deal

January 31, 2024 Stu Turley

Japan’s shipping giant NYK and compatriot power firm and LNG importer Jera have signed a ten-year charter agreement for one 174,000-cbm LNG carrier. According to a statement by NYK, the vessel will be built by […]

charter
International News

Nebula takes majority stake in AG&P LNG

January 31, 2024 Stu Turley

US investment and asset management firm, Nebula Energy, has purchased a majority stake in AG&P LNG, a unit of Singapore-based AG&P. According to a statement by AG&P, Nebula Energy is investing $300 million in AG&P […]

charter
LNG

TotalEnergies to supply one LNG cargo to Bulgargaz via Greece’s Revithoussa terminal

January 31, 2024 Stu Turley

A unit of French energy giant TotalEnergies will supply one liquefied natural gas cargo in March to Bulgaria’s Bulgargaz via Greece’s Revithoussa LNG import terminal following the completion of a recent tender. Bulgargaz, the unit […]

charter
LNG

China’s SWS delivers LNG-powered bulker to Anglo American

January 31, 2024 Stu Turley

China’s Shanghai Waigaoqiao Shipbuilding said it had delivered the LNG-powered bulk carrier, Ubuntu Sincerity, to mining giant Anglo American. This is the third 190,000-dwt LNG dual-fuel bulk carrier SWS delivered to Anglo American, it said […]

charter
LNG

Pilot, Seapath secure land for Galveston LNG bunkering facility

January 31, 2024 Stu Turley

Pilot LNG and Libra Group’s maritime unit Seapath have secured land for their planned LNG bunkering facility in Galveston, Texas. According to a statement by the two firms, their joint venture Galveston LNG Bunker Port […]

charter
LNG

India’s Petronet LNG reports higher profit, volumes

January 31, 2024 Stu Turley

India’s Petronet LNG reported a slight rise in its quarterly profit and higher volumes at the company’s two regasification terminals. Profit after tax or PAT reached 11.91 billion rupees ($143.2 million) in the October-December quarter, […]

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