Cosco Shipping Energy Transportation’s 174,000-cbm LNG carrier, Emei, has completed both its sea and gas trials, according to Chinese shipbuilder Hudong-Zhonghua. Following completion of the “two-in-one” trial, the vessel returned to Hudong-Zhonghua’s Changxing shipbuilding base […]
Canada’s Pembina Pipeline and the Haisla Nation have signed a heads of agreement with US-based engineer Black & Veatch and South Korean shipbuilder Samsung Heavy to secure access to shipyard capacity for their Cedar floating […]
MOL’s huge fleet of liquefied natural gas carriers continues to expand and the Japanese shipping giant currently has more than 30 LNG vessels on order. The company’s CEO, Takeshi Hashimoto, and CFO, Hisashi Umemura, discussed […]
Greek owner Capital Product Partners has entered into an umbrella agreement with Capital Maritime and Capital GP for the acquisition of 11 newbuild LNG carriers from the Evangelos Marinakis-led company for a total acquisition price of […]
For illustration only (Image: HD Hyundai Heavy Industries) South Korean shipbuilder HD Hyundai Heavy Industries has won a contract to build two liquefied natural gas (LNG) carriers worth about $530 million. HD Korea Shipbuilding & […]
Daily Standup Top Stories China LNG deals come at an environmental cost November 13, 2023 Mariel Alumit China’s LNG deal-making has been gaining momentum, even amid international calls to pull back on gas development due to greenhouse gas […]
China’s LNG deal-making has been gaining momentum, even amid international calls to pull back on gas development due to greenhouse gas (GHG) emissions and methane leakage problems. Chinese gas importers have increased long-term LNG contracts with both Qatar and […]
Singapore’s Seatrium has secured LNG carrier upgrade and repair contracts from Seapeak and BP’s shipping unit. The group, previously known as Sembcorp Marine and renamed as Seatrium following itsmerger with Keppel Offshore & Marine, revealed […]
The G7 and EU have imposed a $60 per barrel price ceiling mechanism in an effort to curtail Moscow’s energy revenues The average price of Russia’s flagship Urals blend of crude oil was $81.52 a […]
Attending China’s Belt and Road infrastructure forum in Beijing yesterday, Russian president Vladimir Putin sought international investment to develop the Northern Sea Route (NSR). “We invite interested states to participate directly in its development, and […]
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