Japan LNG news
Asian LNG spot prices drop below UK levels prompting cargo diversions
Asian LNG spot prices have fallen below the UK’s current gas price, prompting the redirection of several LNG cargoes from Asia to Europe.
MOL LNG-fuelled tugboat completes first LNG bunkering operation
The LNG-fuelled tugboat ‘Ishin’ has completed its first bunkering of LNG fuel, also marking the first such operation in Kansai region.
Shizuoka Gas signs LNG SPA with Clean Energy
Shizuoka Gas has signed a sale and purchase agreement with Clean Energy in China to deliver LNG from Shimizu LNG terminal.
Tokyo Gas targeting overseas LNG investments
Tokyo Gas is targeting investment opportunities in overseas LNG infrastructure, in order to boost its offshore earnings.
CNOOC floated LNG cargo resold
The China National Offshore Oil Corporation has resold an LNG cargo which has been floated offshore South Korea since late 2018.
Mitsubishi Shipbuilding holds christening ceremony for next-generation LNG carrier
Mitsubishi Shipbuilding of MHI have held a christening ceremony for a next-generation LNG carrier under construction for Trans Pacific Shipping 5 Ltd., a joint venture of JERA and MOL.
GTT to provide tank designs for two new LNG carriers for NYK
GTT has received an order from the Korean shipyard Samsung Heavy Industries for the tank design of two new LNG carriers, on behalf of ship-owner NYK.
Global LNG outlook for 2019
Nick Prowse and Penny Cygan-Jones, Norton Rose Fulbright LLP, UK, consider the global outlook for the LNG industry, with a focus on recent developments in the US, Asia, Australia, South Africa and Africa.
Tightening LNG market sets the scene for a major shortfall
LNG buyers’ willingness to commit to new long-term contracts has increased significantly during 2018 amid expectations of a tighter LNG market.
NYK concludes charter agreement for LNG carriers with Mitsubishi Corporation
NYK has signed long-term contracts with DGI, a subsidiary of Mitsubishi Corporation, for the charter of three newly built LNG carriers.