Tightening LNG market sets the scene for a major shortfall
LNG buyers’ willingness to commit to new long-term contracts has increased significantly during 2018 amid expectations of a tighter LNG market.
LNG Shipping
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US DOE changes LNG export destination reporting requirement
The US Department of Energy has announced that it is discontinuing its practice of including an ‘end use’ reporting provision in orders authorising the export of domestically produced natural gas; including LNG.
SHI receives order for LNG carrier
Samsung Heavy Industries has announced that it has received an order for a new LNG carrier.
Woodside and RWE sign agreement for mid-term LNG supply
Woodside has signed an agreement with RWE for the mid-term supply of LNG from 4Q20 until December 2022.
Magnolia LNG EPC contract extended
LNG Limited has extended the validity period of its current binding EPC contract with KSJV for Magnolia LNG.
Donsötank orders two LNG-fuelled tankers
Rederi AB Donsötank has announced that it has contracted two LNG-fuelled oil products and chemical tankers at Wuhu Shipyard Co. Ltd.
TMS Cardiff Gas announces newbuilding orders and charter contracts with Shell
TMS Cardiff Gas has announced four long-term time charter contracts with Shell and placed newbuilding orders for additional X Carrier Series LNG ships.
Crowley takes delivery of LNG-fuelled ConRo vessel
Crowley Maritime Corp. has announced that it has taken delivery of Taíno – the second of two of the world’s first combination container/roll on – roll off (ConRo) ships fuelled by LNG – from VT Halter Marine Inc.
South Korea achieves record high for LNG imports in 2018
South Korea’s imports of LNG are on course to reach 42 million t in 2018; a record high for the country.
GTT reaches milestone of 50 vessels ordered in 2018
GTT has received an order from a Korean shipyard concerning the tank design of two new LNG carriers, bringing the company’s total orders to 50 vessels for 2018.
Preem and Thun Tankers increasing focus on environmentally adapted tankers
Thun Tankers has named its the new, environmentally adapted tanker ‘Thun Evolve’ in Groningen, Holland.
Uniper and Mitsui sign agreement for Wilhelmshaven FSRU project
Uniper SE and Mitsui O.S.K. Lines have entered into an agreement regarding an FSRU project in Wilhelmshaven, Germany, and one additional LNG transportation agreement.
GTT receives tank design order for two new LNG carriers
GTT has announced that it has received an order notification from Hyundai Samho Heavy Industries for the tank design of two new LNG carriers.
PGNiG to receive LNG cargo
PGNiG SA has announced that it is set to receive an LNG cargo today shipped to Swinoujscie by Centrica LNG Co. Ltd.
Samsung Heavy Industries receives LNG carrier order
SHI has announced that it has received an order for an LNG carrier.