LNG

Exmar, the Belgian shipping company with more than 40 vessels in its fleet focused on the liquefied petroleum gas business, narrowed its third-quarter net losses to $16.3 million as its drawback from LNG activities has been hampered by an arbitration case brought by commodities firm Gunvor, offset by a successful LNG production vessel charter to Argentina.

Hoegh LNG Holdings, the Norwegian fleet operator, said its floating storage and regasification unit, the 170,000 cubic metres capacity “Hoegh Esperanza” had arrived at Tianjin port in northeast China and has started commissioning for FSRU import operations to serve the capital Beijing.