Monday, 02 June 2025
Free ReadFlex LNG has signed and completed the $175 mill JOLCO lease financing for the LNGC ‘Flex Courageous’. The refinancing generated net proceeds of around $42 mill, extended debt maturity to…
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Friday, 30 May 2025
US sailings rise
Written by Ian Cochran
Free ReadTwenty-nine LNGCs sailed from US terminals between 22nd and 28th May. They had a combined LNG-carrying capacity of 109 bill cu ft. Eight left Sabine Pass; five sailed from Corpus…
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Thursday, 29 May 2025
MISC weathers the storm
Written by Ian Cochran
Free ReadMalaysia’s LNGC, tanker owner and heavy engineering company, MISC, part of the Petronas empire, suffered lower first quarter revenue from ongoing projects in the Marine & Heavy Engineering Segment, as…
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Wednesday, 28 May 2025
Port Kembla terminal delayed
Written by Ian Cochran
Free ReadAustralia’s Squadron Energy’s Port Kembla gas terminal will not begin operations until at least 2027, the company has revealed. The delay comes despite warnings from the national energy market operator…
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Tuesday, 27 May 2025
Tests help optimise Wärtsilä’s ammonia
Written by Anja Karl
Free ReadExtensive testing of Wärtsilä 4-stroke engine for ammonia fuel have helped optimise performance. Co-firing a 95% ammonia energy share now achieves up to a 90%reduction in greenhouse gas emissions compared…
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Tuesday, 27 May 2025
CP2 gets the all clear
Written by Ian Cochran
Free ReadLast Friday, the US Federal Energy Regulatory Commission (FERC) gave Venture Global permission to proceed with the construction of its CP2 LNG plant in Louisiana. Once built, CP2 will be…
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Friday, 23 May 2025
US sailings steady
Written by Ian Cochran
Free ReadTwenty-seven LNGCs sailed from US export terminals between 15th and 21st May. Eight left Sabine Pass; five from Freeport; four from Corpus Christi; three each from Cameron, Calcasieu Pass, and…
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Thursday, 22 May 2025
Free ReadHouston-based classification society and consultancy, ABS has issued an approval in principle (AIP) to Samsung Heavy Industries (SHI) for its design of a multi-purpose LNG floating facility for deep water.…
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Wednesday, 21 May 2025
TotalEnergies ties up Ksi Lisims deal
Written by Ian Cochran
Free ReadTotalEnergies has signed a sales and purchase agreement (SPA) with Ksi Lisims LNG for the purchase of 2 mill tonnes per annum of LNG for 20 years. This deal is…
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Monday, 19 May 2025
Revithoussa LNG upgrade completed
Written by Anja Karl
Free ReadOperations at the Revithoussa LNG regasification and import terminal in Greece have resumed after a planned shutdown to upgrade the plant with a new high-pressure BOG compressor. According to Greece’s…
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