LNG Shipping - 25 February 2019

According to an annual LNG report by Royal Dutch Shell, global LNG trade will experience an increase of 11% to 354 million t this year.

Asian LNG spot prices have continued to decline, as inconsistent demand is yet to make a dent in the oversupplied state of the market.

Repsol has agreed to supply Brittany Ferries’ Spanish operations with LNG.

Crowley Maritime Corp. has announced that it has christened the US-flag combination container roll on/roll off vessel MV Taíno in San Juan, Puerto Rico.

Pavilion Energy has announced that it has chartered its first LNG bunker vessel to supply LNG in the Port of Singapore.