Tag: LNG

LNG: TotalEnergies Targets Top Position, Tô Expand Bunker Services
October 5, 2022 No Responses

LNG: TotalEnergies Targets Top Position, Tô Expand Bunker Services

French energy giant, TotalEnergies is ramping up investments in Liquefied Natural Gas (LNG) in a scenario that excludes Russia and is in a ‘very favourable’ position to benefit from the evolution of energy markets as a result of the energy transition....
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Samsung, Daewoo, Secure $2.35 Order For Eleven LNG Carriers  
September 7, 2022 No Responses

Samsung, Daewoo, Secure $2.35 Order For Eleven LNG Carriers  

The world’s largest shipbuilders are tapping into the surging demand for LNG carriers. South Korea’s Samsung Heavy Industries (SHI) and Daewoo Shipbuilding & Marine Engineering Co (DSME) has revealed a combined order for 11 LNG carriers worth approxima...
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Shell Secures $ 1 billion LNG Deal
September 1, 2022 No Responses

Shell Secures $ 1 billion LNG Deal

Shell has sealed ten-year marine Liquefied Natural Gas (LNG) sales and purchase agreement with Israeli container shipping company,  ZIM  valued at more than $1 billion. According to World Maritime News, the LNG is intended for ten LNG-...
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LNG: Germany Secures Supply Via Chartered FSRUs
August 18, 2022 No Responses

LNG: Germany Secures Supply Via Chartered FSRUs

Germany has formally confirmed its intention to have liquefied natural gas (LNG) terminals in Brunsbüttel and Wilhelmshaven ready at the turn of the year 2022/2023.  According to World Maritime News, on 16 August, 2022, Robert Habeck, Vice-Chancello...
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LNG Carrier:  QatarEnergy Awards Seven Contracts To Four Firms
August 11, 2022 No Responses

LNG Carrier:  QatarEnergy Awards Seven Contracts To Four Firms

Malaysian energy logistics group MISC Berhad and its consortium partners — shipping companies Nippon Yusen Kabushiki Kaisha (NYK), Kawasaki Kisen Kaisha (K-Line) and China LNG Shipping (Holdings) Limited (CLNG) — have been awarded long-term time charter co...
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KSOE Bags $2.2b Order For 10 LNG Carriers
July 8, 2022 No Responses

KSOE Bags $2.2b Order For 10 LNG Carriers

South Korean shipbuilding group Korea Shipbuilding & Offshore Engineering (KSOE) has received two orders for the construction of a total of ten liquefied natural gas (LNG) carriers.  The orders have a combined value of KRW 2.87 trillion (about $2...
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LNG: Shell, CMA CGM Seal Supply Deal
June 30, 2022 No Responses

LNG: Shell, CMA CGM Seal Supply Deal

French shipping giant, CMA CGM Group and oil and gas company, Shell have entered into agreements to work together towards accelerating the decarbonisation of the marine sector.  Specifically, the partners have signed a multi-year deal for the supply ...
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Samsung Wins $3b Contract For 14 LNG Carriers 
June 23, 2022 No Responses

Samsung Wins $3b Contract For 14 LNG Carriers 

South Korean shipbuilder, Samsung Heavy Industries (SHI) has received orders for the construction of a total of fourteen Liquefied Natural Gas (LNG) carriers.  According to World Maritime News, on 21 June, 2022, SHI won an order from an undisclosed Bermud...
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LNG Bunkering: CMA CGM Conducts First Operation In Spain
May 29, 2022 No Responses

LNG Bunkering: CMA CGM Conducts First Operation In Spain

French shipping major, CMA CGM has carried out its first Liquefied Natural Gas (LNG) bunkering operation in Spain together with energy companies Enagás and Repsol.  According to World Maritime News, it was the first pipe-to-ship LNG bunkering operation o...
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Germany Unveils Bill To Accelerate The Use Of LNG
May 11, 2022 No Responses

Germany Unveils Bill To Accelerate The Use Of LNG

Germany’s government has taken another important step to reduce dependence on Russian energy imports by agreeing on a formulation of the draft law on the acceleration of the use of LNG.    The Federal Ministry of Economics and Climate Protection...
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LNG Carrier: CoolCo Completes Acquisition From Golar 
April 8, 2022 No Responses

LNG Carrier: CoolCo Completes Acquisition From Golar 

The newly formed shipping company, CoolCo has completed all eight acquisitions of LNG carriers from Bermuda-based shipper Golar LNG. Cool Company disclosed that it completed the last two acquisitions of eight modern LNG tankers from Golar LNG on Apri...
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KSOE Secures $448.1m Order For Two LNG Carriers
April 3, 2022 No Responses

KSOE Secures $448.1m Order For Two LNG Carriers

South Korean shipbuilder Korea Shipbuilding & Offshore Engineering (KSOE) has secured an order for the construction of two liquefied natural gas (LNG) carriers. The order, valued at KRW 545.8 billion (about $448.1 million), has been placed by an undisclose...
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Can LNG Replace Russian Gas In Europe?
March 2, 2022 No Responses

Can LNG Replace Russian Gas In Europe?

By Ed Cox, Head of Global LNG at ICIS — LNG imports reached a record high in January 2022 and could go a little higher if Russian pipeline gas supply falls, or even stops completely. But the best-connected European LNG terminals...
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LNG Trade Attains 6% Growth In 2021
February 22, 2022 No Responses

LNG Trade Attains 6% Growth In 2021

The global Liquefied Natural Gas (LNG) market is expected to remain tight this year following last year’s volatility which saw demand rise 6% and gas prices hit an all-time high, Shell said on Monday. Reuters report that Natural gas prices around...
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