In this issue

 

Thursday, 02 April 2026

EXMAR expands LNG portfolio

Belgian gas carrier owner and operator, EXMAR’s 2025 result was boosted by strong cash generation across its various business units. 
Thursday, 02 April 2026

ABB upgrades CoolCo’s LNGCs

Electrical engineering group, ABB has upgraded the propulsion drives fitted in nine CoolCo LNGCs. 
Thursday, 19 March 2026

Middle East conflict - a shifting European LNG market

With force majeure declarations affecting LNG supply, the fallout from the escalating Middle East war added further uncertainty, pushing European traders to re-evaluate sourcing and pricing strategies.
Thursday, 19 March 2026

Qatar and UAE LNGC loadings stop

Drewry Maritime Research’s AIS showed that Qatar only loaded seven LNGCs in the week ending 6th March, due to heightened tensions in the Middle East following the closure of the…
Thursday, 19 March 2026

Japan looks to Australia to fill LNG shortfall

Japan's industry minister has asked Australia, the country’s largest supplier of LNG, to boost output in light of the Middle East crisis.
Thursday, 19 March 2026

Alaska LNG to benefit from Middle East crisis

Glenfarne’s $44 bill Alaska LNG project is seeing increased interest from Asian interests, due to the Middle East situation, company executives told Reuters on the sidelines of a Tokyo conference. 
Thursday, 19 March 2026

Angolan gas field production starts

TotalEnergies has announced the start of production from the Quiluma field, in which it holds an 11.8% interest alongside partners, Azule Energy (37.4%, operator), Cabinda Gulf Oil Co (31%) and…
Thursday, 19 March 2026

India ups dialogue with Iran

The Indian Government has increased talks with Iran, as LNGCs and LPG carriers—holding roughly a month’s supply for the country — await safe passage through the Strait of Hormuz (SoH).
Thursday, 19 March 2026

JERA signs LNG MoU with KOGAS

Major Japanese LNG buyer JERA has signed a memorandum of understanding (MoU) with Korea Gas Corp (KOGAS) to enhance co-operation in LNG operations.
Thursday, 19 March 2026

Venture Global takes FID on CP2 Phase 2 - gains Plaquemines export ramp up

Major US LNG exporter, Venture Global has taken a final investment decision (FID) and closed a $8.6 bill project financing for the second phase of the company’s third project, CP2…
Thursday, 19 March 2026

Shell remains bullish on LNG future

Global LNG demand is forecast to rise by 54-68% by 2040 and 45-85% by 2050 from 422 mill tonnes in 2025, boosted by growing Asian appetite, UK energy giant Shell…
Thursday, 19 March 2026

ORLEN adds capacity to become a major LNG player

Polish energy company, ORLEN has expanded its LNG transport capacity.
Thursday, 19 March 2026

Dynagas explains Yamal connection

Answering accusations of sanctions busting by some NGOs, Dynagas LNG Partners has explained that one of its charterers, Singapore-based Yamal Trade, employs two LNGCs, ‘Yenisei River’ and ‘Lena River’, on…
Thursday, 19 March 2026

Stolt-Nielsen and NYK to control Avenir LNG

Stolt-Nielsen’s subsidiary, Stolt-Nielsen Gas has entered into a share purchase agreement to sell 50% of Avenir LNG to Nippon Yusen Kabushiki Kaisha (NYK Line).
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News Nudges

US arbitrage reverses

As of the final week of September, the arbitrage for US LNG cargoes has effectively reversed, favouring deliveries to Europe over northeast Asia. Shippers have to pay record fees for Panama Canal transits, which is encouraging flexible cargoes from the US Gulf Coast to discharge in northwest Europe instead of Asia, shortening average voyage distances and increasing vessel availability in the Atlantic basin. Reduced tonne-mile demand, in turn, puts downward pressure on spot rates as well as forward freight rates. Fourth-quarter LNG freight rates were last seen about $53,000/day, the second-lowest Q4-level on record. The US Gulf to European Continent freight rate at the Baltic Exchange (BLNG2), defined as a delivery from Sabine Pass to the UK-Continent/Isle of Grain, increased from $24,700/day to $32,400/day. By comparison, the BLNG3 rate for US Gulf Coast deliveries to Japan climbed from $51,900/day to $66,000/day as per market close on September 25.