In this issue

 

French LNG player and utility Engie, which most recently signed a supply contract with the Sabine Pass US export plant, said nine-month revenues plunged more than 38 percent at its…
Our North America editor Hawaii Gas, with operations on six islands of the US state, is planning to award contracts within months under its plan to import liquefied natural gas,…
Our North America editor US natural gas prices for next-day delivery at the Henry Hub hit their lowest point since April 2012 at $1.92 per million British thermal units, though…
Cheniere Energy's US Sabine Pass LNG export plant is scheduled to ship its first cargo by the end of January 2016 and the Houston-based company's other liquefaction project at Corpus…
Our Europe editor Chevron Corp. has started natural gas and oil production from an offshore field that spans the national boundaries for the first time of two African nations, one…
South African energy producer Sasol has jumped into the Mozambique LNG feed-gas equation by securing an exploration block shareholding with Italian energy producer Eni and others in a new bid…
Wison Offshore and Marine, the Chinese shipbuilder involved in LNG projects at its Nantong shipyard, has secured 4 billion Yuan ($630 million) financing from China Minsheng Bank.
Our Europe editor Royal Dutch Shell's second liquefied natural gas-powered offshore supply vessel "Harvey Power" has taken to the water in the US Gulf of Mexico and will serve platforms…
Crowley Maritime Corp., the US shipping line, held a naming ceremony on November 3 for the first of four new Jones Act oil products tankers with liquefied natural gas conversion…
The American Bureau of Shipping, the US classification society, was selected to class an LNG bunker barge under construction at a Texas shipyard that will be used to refuel ocean-going…

News Nudges

GasLog-Golar pool ending

GasLog Ltd, the Monaco-based LNG fleet owner with 25 ships operating and nine others on order, and its US-listed affiliate GasLog Partners have announced the formal end of the “Cool Pool” spot shipping tie-up with Golar LNG. The “Cool Pool” is an LNG carrier pooling agreement between GasLog and Golar focusing on spot fixtures of up to 12 months. GasLog explained that its decision followed Golar’s declared intention to spin-off its spot LNG vessels, while GasLog believes there will soon be a tightening of the shipping market and an increase in multi-year charter opportunities.


Flex gets June date

Flex LNG, the growing LNG shipping company with four vessels operating and nine others on order and whose largest shareholder is a company controlled by Norwegian magnate John Fredriksen, said its listing on the New York Stock Exchange would take place on June 17. The company, already listed on the Oslo exchange, said the company's ordinary shares had been approved for listing and would commence trading on the NYSE under the ticker name “FLNG”.


LNG carrier accident

Awilco LNG, the small Norwegian fleet owner with two vessels, has given details of an accident off Singapore involving its 156,000 cubic metres capacity carrier, the “WilForce”, which was struck by another vessel on May 30 while under charter. Awilco said no crew injuries or spills took place onboard the “WilForce” and the vessel was now at a yard in Singapore for class inspection and hull repairs.