US LNG and energy pricing outfit S&P Global Commodity Insights acquires UK-based vessel-tracking firm
S&P Global Commodity Insights, the energy pricing and reports unit of US-based ratings and analysis firm S&P Global Inc., has acquired UK-based technology firm Tradenet and its vessel-tracking platform Market Intelligence Network (MINT) for an undisclosed sum.
Cargo liftings rise while Asian and European prices lose steam amid Covid-19 curbs at Chinese LNG hubs
Liftings of liquefied natural gas cargoes increased while North Asian spot futures prices slumped by between 15 percent and 30 percent for March and April deliveries as major Chinese LNG importing hubs, Tianjin and Dalian, imposed strict Covid-19 curbs while European benchmarks also dropped.
Global LNG exports gather pace even as prices moderate on mixed demand in Europe and Asia
Global liquefied natural gas plants lifted the pace of cargo loadings in the week even as previously very high winter season prices for physical North Asia spot cargoes moderated and the February futures contract expired.
