LNG

South Korean LNG shipbuilder, Daewoo Shipbuilding and Marine Engineering (DSME), said it cancelled the last of three LNG carrier orders from 2020 to serve the Yamal LNG export facility in Arctic Russia, operated by natural gas company Novatek.

Gaztransport and Technigaz (GTT), the French engineering and technology company specializing in the design of membrane containment systems for shipping, said its main business activity was at an all-time high for conventional LNG carriers amid growing orders also from the fuel and bunkering sector.