Avenir LNG gains bunkering foothold in China and sells largest re-fuelling vessel to Shanghai Port Group
Avenir LNG, the Norwegian-listed small-scale LNG project developer and vessel owner, has entered into a long-term joint cooperation agreement (JCA) with Shanghai SIPG Energy Service Co.(SSES) a Chinese joint venture between Shanghai International Port Group and Shenergy Group.
Golar LNG suffers setback in plans to spin off shipping and become gas project developer
Golar LNG, the owner and operator with its affiliates of a fleet of 27 vessels, has been experiencing setbacks in plans to spin off shipping operations and to become an infrastructure company in gas-fired power joint ventures.
LNG shipping remains robust with top carriers fetching $65,000 per day entering March
The global LNG shipping market continued to tighten as a result of demand increasing by around 11 percent, led by China, South Korea and India in contrast to the supply of new vessels that increased by just 5 percent.
Golar LNG shipping companies see intense competition for fixtures and hope on FSRU front
The two Golar LNG shipping companies see intense competition for fixtures in the charter market while there is growing interest in the import sector for floating storage and regasification units (FSRUs) for small-scale and medium-scale projects.
