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Tuesday, 25 November 2014
UK shipbroker Clarkson, with LNG carrier broking desks, said it was going ahead with its acquisition of Norwegian counterpart RS Platou for a total of 281.2 pounds ($440M) in mostly shares and loans amid current industry headwinds.
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Monday, 24 November 2014
The Belgian LNG import terminal at Zeebrugge will boost its services to supply more small-scale LNG by providing a platform for the provision of cargoes to Scandinavia under an agreement between Italy's Eni and Skangass.
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Monday, 24 November 2014
The UK Foreign Office has published a paper on developments in the Japanese LNG industry as regards prices paid by importers and the impact on global demand for the fuel when Japan restarts some of its nuclear plants.
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Monday, 24 November 2014
Free ReadSamsung Construction and Trading Corp. of South Korea said it was awarded a contract valued at almost $500 million to build a second LNG import terminal for Malaysia, which is following an import-export strategy for the fuel. The regasification facility will be constructed at Johor in the southern portion of…
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Friday, 21 November 2014
Panama Canal officials have visited Japan to meet LNG carrier fleet owners from the largest shipping companies, Nippon Yusen Kaisha Line, Mitsui OSK Lines and Kawasaki Kisen Kaisha Line to discuss the waterway's current widening project for US LNG carriers and other larger trading vessels to reach Japan faster and…
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Friday, 21 November 2014
Awilco LNG, the Norwegian cargo market player with five vessels, said spot LNG freight rates reversed their decline during the third quarter. The rates were at around $63,000 per day at the start of the quarter and ended it at about $68,000 per day.
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Friday, 21 November 2014
The Canadian LNG province of British Columbia has signed an agreement with a First Nation tribe so that it will receive millions of dollars in financial benefits from the Petronas Pacific Northwest LNG project pipeline passing through their lands.
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Thursday, 20 November 2014
DNV GL, the largest European classification society, has signed an agreement with the Qatar-Singapore joint venture shipyard in the Gulf to promote LNG and bunker barges and stoarge for the fuel.
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Thursday, 20 November 2014
Japanese LNG imports fell 7.9 percent last month as dollar-based, long-term contract prices linked to oil fell to levels of more than five years ago, though this has been offset by the strong dollar keeping the cost of cargoes in yen converted by importers at a high level.
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Thursday, 20 November 2014
GasLog, the Monaco-based LNG carrier fleet owner, reported a profit surge for the third quarter and said its vessel "GasLog Chelsea" had its charter extended by the Papua New Guinea LNG plant.
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