Gas

News & Analysis

21 Sep 2018
Next year will see a significant increase in the number of newbuildings due to enter service: the market’s ability to cope with this will depend to a great extent on continued strong exports of LPG to Asia shipping analysts said, adding that the outlook here remains encouraging despite US-China tensions over trade.
LNG ship
17 Sep 2018
The demand measured in tonne-miles has increased by 12–13% year on year in the first eight months of 2018 and by 8.2% in the global trade in LNG.
Al Dafna, one of Qatargas’ LNG carriers
10 Sep 2018
Running from this year to 2040, the contract is on a delivered ex-ship basis and the cargoes will be shipped with Qatargas’ fleet.
Poor fuel efficiency has rendered some older LNG carriers unemployable. Credit: Danny Cornelissen
30 Aug 2018
LNG spot rates are at their highest summer since 2002, as markets work in a shorter economic lifespan for vessels.
Gazocean’s MV Grace Cosmos
24 Aug 2018
Total and Kumul Petroleum will form a joint venture to target LNG importers in Asia.
FSRU Excellence, Bangladesh's first LNG import terminal.
21 Aug 2018
Bangladesh’s first LNG import terminal, in the form of floating storage regasification unit Excellence, is operational, after months of delay.
Paul Wogan
20 Aug 2018
Paul Wogan-led company has commissioned two 174,000 m³ LNG carriers with Samsung Heavy Industries
Stena Blue Sky
20 Aug 2018
Chinese companies are building their own LNG terminals to import the fuel directly to meet the higher demand and to reduce dependence on supply from state-owned companies.
KOGAS
17 Aug 2018
South Korea’s main LNG procurement company will invest nearly USD9 billion by 2025 to expand natural gas capacity and related infrastructure as the country moves towards clean energy. Another USD1 billion will go towards developing LNG bunkering and hydrogen-fueled cars. 
Samsung Heavy Industries shipyard
17 Aug 2018
Danish owner books LNG carrier pair at Samsung HI.