LNG tankers carrying US LNG are bound for China after Beijing announced that it would be granting tax waivers to some importers.
LNG - 09 April 2020
Asian LNG spot prices have increased marginally from the recent record lows as Chinese buyers have begun re-entering the market.
According to Reuters, South Korea’s top LNG buyer, KOGAS, has requested that some of its LNG cargo deliveries be deferred.
Sinopec has started building LNG tanks as part of the second phase of its Tianjin LNG terminal project.
The Port of Gothenburg has released a statement claiming that the coronavirus pandemic could accelerate digitalisation in the shipping industry.