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LNG Shipping

 

China orders five LNG-powered containerships

According to Reuters, CMA CGM has announced that China State Shipbuilding Corp. has ordered 10 new vessels, with five to be powered by LNG, and the other five to be fitted with scrubbers instead.

 

Chart and IOCL join forces in India

Chart Industries, Inc. and Indian Oil Corporation Limited have agreed to jointly pursue LNG market development in India.

 
 
 
 

Asian LNG prices now below US$5.00

Asian LNG spot prices have now broken the US$5.00 per million Btu mark, a result of a lack of growth in demand and continued high levels of supply.

 
 

Dynagas releases results for 2018

Dynagas LNG Partners LP has released a statement announcing its results for the fourth quarter and year ended 31 December 2018.