LNG Shipping

Asian LNG spot prices have declined once again due to further disruption caused by the COVID-19 coronavirus pandemic.

Connect LNG and SINTEF Energy received funding from the Government of Norway to join forces and form the FlexMarin project.

SEA\LNG has welcomed SOHAR Port and Freezone as its first Middle Eastern port member.

Anthony Veder has announced that, in collaboration with Bureau Veritas, it has successfully completed a pilot for ‘live remote class surveys’ using a wearable device and augmented reality technology.

ABB has announced that its technology will be at the heart of the first tug in South Asia capable of switching between low emission LNG engines and zero-emission battery power.

According to Reuters, three unnamed traders have said that Shell has offered LNG cargoes for loading from 2021 onwards for a period of at least five years through a tender.

Samsung Heavy Industries has finalised a deal with a Bermudan ship owner to build two LNG-fuelled VLCCs, which will be delivered by April 2022.

LNG tankers carrying US LNG are bound for China after Beijing announced that it would be granting tax waivers to some importers.

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.

The Port of Gothenburg has released a statement claiming that the coronavirus pandemic could accelerate digitalisation in the shipping industry.

PGNiG has sold its first two LNG truck cargoes from the reloading station in Klaipeda.

Total has signed a pioneering agreement to charter its first two LNG-powered very large crude carriers (VLCCs).

Stephane Paquet, TechnipFMC Loading Systems, France, discusses the development of green, simple and cost-effective loading systems for LNG applications.

GTT has announced that Eric Dehouck has joined the company as deputy CEO.