LNG Shipping

The Board of Directors of Höegh LNG Holdings Ltd. has decided to take precautionary measures to preserve the company’s liquidity and reduce costs.

Nauticor and Novatek are intending to cooperate on the development of small scale LNG supply infrastructure in the Baltic Sea.

AGA has completed the 2000th bunkering of Viking Line’s ‘Viking Grace’ LNG-fuelled cruise ferry.

Teekay LNG Partners has secured new LNG charters for two of its LNG carriers and refinanced its US$225 million unsecured credit facility.

Qatargas Operating Co. Ltd. has announced the delivery of the first cargo of LNG on a Q-Flex vessel to the ENN Zhoushan LNG receiving terminal in China.

MAN Energy Solutions is reporting that its portfolio of two-stroke, dual-fuel engines has accumulated 1 million operating hours.

Pavilion Energy is requesting that LNG suppliers contribute towards the development of an industry standard to measure LNG’s total GHG emissions.

CIMC Raffles has announced that it has formally started construction of a new LNG-powered 5,800 LM series MegaRoRo newbuilding.

Polskie Górnictwo Naftowe i Gazownictwo (PGNIG) has officially become the sole user of the small scale LNG reloading station in Klaipeda, Lithuania.

During 1Q20, a record 72 ships were processed at the Zeebrugge terminal, including 55 ships involved in an LNG transshipment operation.

LNG suppliers have been flooding the LNG spot market with excess cargoes as global demand continues to dwindle due to coronavirus.

An LNG tanker is en route to China from the US to make the first delivery of this kind since March 2019.

Sakhalin Energy has announced that it has successfully offloaded the 1800th LNG cargo produced by the Sakhalin-2 LNG plant.

According to Reuters, Poland’s PGNiG has said that it is not planning to start negotiations aimed at modifying its gas import contracts just yet, as it is too early to gauge the full impact of the coronavirus pandemic on domestic gas demand.

According to Reuters, Petronet LNG – India’s top gas importer – has issued force majeure notice to Qatargas, as it seeks to delay the loading of LNG cargoes under long-term deals.