LNG

Seaspan, the CanadianPacific Coast company specialising in the tugs and barges sector as well as ferries and shipyard services, said it signed an accord to improve LNG bunkering services and loading at the Panama Canal in cooperation with AES Corp. of the US.

Asian liquefied natural gas spot prices and European LNG cargo values remained at high levels as the European Union moved towards more regulation of natural gas and power markets and amid the likely failure of US and EU attempts to fully replace Russian pipeline gas supplies from other sources.