LNG Shipping

MSC Cruises and Chantiers de l’Atlantique have signed firm contracts for the construction of third and fourth LNG-powered MSC World Class ships.

According Reuters, there is unlikely to be a surge in Chinese demand for US LNG while tariffs remain in place, despite the signing of a new energy purchasing agreement.

Freeport LNG second liquefaction train has commenced commercial operations.

Asian LNG spot prices have dropped below US$5 per million Btu to a four-month low as buyers hold off ahead of the Lunar New Year holidays.

Qatargas has delivered the first Q-Flex LNG cargo to the ‘Summit LNG’ FSRU in Bangladesh.

Polskie LNG has posted on social media, claiming that its Swinoujscie terminal in Poland has received its second LNG cargo of 2020.

Wärtsilä is supplying a comprehensive package of integrated solutions for the first two World Class cruise vessels being built for MSC Cruises.

Novatek has reported its preliminary operating data for the whole of 2019.

A Trump administration proposal to ship LNG via rail has been opposed by the Attorney’s general of 16 US states.

Saudi Aramco’s trading arm, Aramco Trading Co., has hired an LNG trading manager.

Flex LNG Ltd has announced the extension of the current time-charter agreement for the vessel ‘Flex Enterprise’.

In 2019, Lithuania transported the highest ever recorded volume of gas to the Baltic States.

According to Reuters, output from Indonesia’s Bontang LNG project will be lower this year compared to 2019, whilst output from the Tangguh LNG project will be higher.

Indian Oil Corp. is looking to secure six LNG cargoes for delivery between April and December.

Gassco, the Norwegian pipeline system operator, has said that Norway should either construct a new pipeline or boost LNG production to increase exports from the Barents Sea.