LNG Shipping

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.

Höegh LNG Partners LP has announced that its board of directors has declared a quarterly cash distribution with respect to 3Q19 of US$0.44 per unit for the common units.

VT Halter Marine has launched the first US-flagged offshore LNG bunker ATB barge for Q-LNG.

Two of the world’s first LNG dual-fuel dynamic positioning shuttle tankers have been unveiled in South Korea.

India’s Gail is offering a swap tender of two LNG cargoes for loading in the US, in return for one LNG cargo to be delivered to India.

According to Reuters, Pakistan LNG has cancelled a tender to purchase 240 LNG cargoes (140 000 m3 each) over a period of 10 years due to insufficient demand for the fuel.

Asian LNG spot prices have risen to a three-week high, ahead of winter demand.

According to Reuters, Tokyo Gas has rejected the delivery of an LNG cargo after the vessel experienced a power outage after it entered Tokyo Bay.