LNG Shipping

Chart Industries, Inc. and Energy Capital Vietnam have signed an MOU to promote LNG distribution within Vietnam.

The B.C. government is joining the Vancouver Fraser Port Authority and FortisBC to establish the first STS LNG marine refuelling/bunkering service on the west coast of North America.

The US Department of Transportation’s PHMSA, in coordination with the FRA, has announced that it is publishing an NPRM regarding the transportation of LNG.

JERA Co. has entered into a memorandum of understanding with Vietnam Electricity concerning cooperation in the LNG value chain business.

Teekay Corp. and Teekay LNG have announced that COSCO Shipping has completed an ownership restructuring which has resulted in China LNG Shipping no longer being classified as a ‘Blocked Person’.

According to Reuters, JERA Global Markets is looking to purchase up to 0.5 million t of spot LNG for delivery in 1Q20.

PAO NOVATEK has announced that TC LNG Shipping L.L.C. is no longer considered a ‘Blocked Person’ under the US Department of the Treasury’s Office of Foreign Asset Control rules.

Wärtsilä has agreed to retrofit an AG Ems ferry, operating in ecologically sensitive waters, to use LNG as fuel.

Two LNG-fuelled Sovcomflot tankers have successfully completed their respective voyages eastbound along the Northern Sea Route.

The latest vessel in Yamal LNG’s fleet of 15 Arc7 LNG carriers has commenced operations, with another waiting outside the facility.

Awilco LNG ASA has announced that the refinancing of its two TFDE LNG carriers has been credit approved.

Nakilat has released its financial results for the nine-month period ended 30 September 2019, with net profits of QR728 million – a 10.5% increase compared to QR659 million during the same period in 2018.

Elengy and its subsidiary Fosmax LNG now offer an LNG tanker truck loading service at the Fos Cavaou LNG terminal.

LNG spot prices for Asia have risen to a new eight-month high, as demand for pre-winter cargoes emerges.

GTT has announced its revenue figures for the first nine months of 2019.