LNG Shipping

Wärtsilä has announced that it has signed long-term service agreements for four Japanese owned LNG carriers.

Over four days in January, Damen Shiprepair Brest successfully carried out repairs to the hull of the 266 m, 138 000 m3, LNG carrier ‘LNG Methane Princess’.

The Jinling Shipyard in China has ordered four MAN 51/60DF engines in connection with the building of 1 + 1 × 230 m long RoPax vessels for the German ferry operator TT-Line.

Dynagas LNG Partners is facing a class action lawsuit and multiple investigations on behalf of all investors that purchased DLNG securities between 16 February 2018 and 21 March 2019.

Qatar Petroleum assisted Dolphin Energy by shipping repair materials and delivering LNG to the UAE during a pipeline outage last month.

Asian LNG spot prices have fallen to a three-week low, as the low-demand market continues to be fed with new cargoes.

PAO Sovcomflot (SCF Group) has reported its results for 1Q19, ended 31 March 2019.

The escalation of the trade war between the US and China could jeopardise several LNG mega projects that are awaiting final approval, according to Rystad Energy.

EGAS is offering up to 13 LNG cargoes for loading over June and July.

Mitsubishi Heavy Industries, Ltd has announced that its group company Mitsubishi Shipbuilding Co. Ltd held a christening ceremony on 14 May for a next-generation LNG carrier.

GTT has received an order from DSME for the tank design of two new 174 000 m3 LNG carriers on behalf of Greek shipowner Maran Gas.

API have issued a statement in response to China’s increase of the retaliatory tariffs on US products, including US LNG.

Qatargas recently achieved a historic milestone when the ‘Al Safliya’ became the first Q-Flex type LNG vessel to transit the Panama Canal.

The International Gas Union has released its ‘2019 Wholesale Gas Price Survey’ at Flame 2019.

BloombergNEF has released its ‘Global LNG Outlook 2019 - 2023’.