LNG spot market flooded with excess cargoes
LNG suppliers have been flooding the LNG spot market with excess cargoes as global demand continues to dwindle due to coronavirus.
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.
Höegh LNG Holdings Ltd has provided the following update on how the Höegh LNG Group is dealing with the challenges associated with the ongoing coronavirus pandemic.
Gasum has announced that it has entered into an agreement with Sweden’s largest fuel company Preem to supply their tankers with a new fuel blend consisting of LNG and 10% of renewable liquefied biogas.
The next generation offshore installation vessel ‘Orion’ has been bunkered with LNG for the first time in the Port of Rostock’s first STS LNG bunkering operation.
Svitzer has released a statement announcing that it has signed a 10-year extension of its marine service contract with Sakhalin Energy Investment Co. Ltd.
Nippon Paint Marine has announced that its A-LF Sea hull coating has been selected by Gaslog Ltd as part of its current drydocking programme.
PNG LNG, operated by Exxon Mobil Corp, has sold an LNG cargo for loading in April.
Asian spot LNG cargo prices have risen for a third straight week, as Chinese demand continues to recover.
The newbuild British P&O cruise ship, IONA, has departed from the Meyer Werft shipyard in Papenburg.
WE Tech has received a repeat order to deliver the efficient power distribution solution for UECC’s new LNG-fuelled PCTC.
The world’s largest semi-submersible crane vessel, 'Sleipnir', is due to arrive in the Port of Rotterdam for the first time on 21 March.