LNG - 05 December 2018

Finnish company Containerships has announced that it has signed a collaboration agreement with the Netherlands’ Don Trucking to increase the amount of LNG-fuelled trucks in the region.

Inflated LNG spot charter prices are easing as an increasing number of tankers are becoming available for deliveries.

Aqualis Offshore has entered into a master services agreement with McDermott Asia Pacific Sdn Bhd to provide both engineering reviews and marine warranty services for the company’s offshore operations in the Asia Pacific region.

According to Reuters, First Gen Corp. – a Philippine power company – and Tokyo Gas Co. have signed a preliminary agreement to jointly develop an LNG import terminal in the Philippines.

The global large scale LNG terminals market is expected to post a CAGR of nearly 3% during the period 2018 – 2022.

Chevron Corp. has released a statement claiming that Debra Reed-Klages has been elected to the company’s board of directors.

South Korea’s EPIK has signed an agreement with the Port of Newcastle to develop a FSRU import terminal.

Annova LNG has announced that the US Army Corps of Engineers has resumed its Section 10/404 Department of Army permitting process for Annova LNG, in response to the project’s timely data request submission.

GTT has announced that it has received an order from the Korean shipyard Samsung Heavy Industries for the tank design of a new 174 000 m3 LNG carrier, on behalf of the Greek shipowner Minerva.