Japan LNG news
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.
Asian LNG spot prices brought down by lower oil prices
Asian LNG spot prices have experienced a 10% slide this week to a more than three month low due to declining oil prices.
South Korea corners the LNG tanker newbuild market
South Korean shipbuilders have outbid competitors and secured all orders for large LNG carrying vessels for the next three years.
INPEX officially opens Ichthys LNG onshore facilities
A landmark celebration has officially opened the onshore LNG processing facilities of INPEX-operated Ichthys LNG.
China becomes new number one natural gas importer
China has surpassed Japan as the global leader for natural gas imports.