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Free ReadYantai Port Group, the Chinese cargo transportation, warehousing and harbour management company in the northeast province of Shandong, is taking part in three liquefied natural gas storage and terminal projects to be completed between 2022 and 2025. Port executives said government approvals for the ventures were making their way through…
The winter jump in natural gas prices in Northeast Asia reiterated several known points about demand for energy and shipping, with weather still playing the key part in gas demand and revealing some capacity constraints post-expansion at the Panama Canal.
The US Department of Energy has just published its latest liquefied natural gas export data with the average overall price for the six plants rising with deliveries concentrated on Europe, including the UK and the Netherlands, and with just one cargo being shipped to China.
Free ReadMitsui OSK Lines, the Japanese shipping company with an operating fleet of almost 100 liquefied natural gas carriers, has changed an order with a South Korean shipyard because of the cancellation of the LNG import terminal project for the German North Sea port of Wilhelmshaven. MOL said its order for…
Free ReadFlex LNG, the Norwegian shipowner with a fleet of 12 modern vessels, has signed charters with Cheniere Energy of the US, for at least four of its carriers, and with all but one of its six current term charters set to expire in 2021-2022. The new charters, pending any further…