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GasLog Ltd, the LNG fleet owner with 35 carriers split with its US affiliate GasLog Partners, said the group had signed three new loan agreements amounting to $1.1 billion arranged by 12 banks as it confirmed jobs cuts, reductions in expenses and the delivery of a new vessel.
The US Department of Energy has just published its latest liquefied natural gas export data illustrating a monthly price spike and with China overtaking the UK in the overall table as the fifth-largest importer of US shipments while another European nation Spain was the top monthly destination with 10 cargoes.
Gaztransport and Technigaz (GTT), the French technology firm for designs of systems for the maritime transportation and storage of liquefied natural gas, has renewed and expanded a global Technical Services Agreement (TSA) with the Norwegian shipowner Knutsen OAS Shipping and its growing LNG fleet.
Free ReadSembcorp Marine posted a net loss of S$192 million (US$138.3M) for the six months to June 2020, following the “severe deterioration” of activities at all its Singapore yards as a result of the Covid-19 pandemic and amid a planned de-merger from parent Sembcorp Industries. Sembcorp Marine’s results in the same…
Australian liquefied natural gas plant operator Woodside Petroleum posted overall second-quarter sales revenues of US$768 million, a drop of 28.2 percent as its realised LNG price dropped by US$3.10 per million British thermal units from the first quarter.