Shipbroker Simpson Spence Young (SSY) looks at what’s behind the rise of LNG prices and the impact this has on the LNG shipping market.
U.S. LNG exporter Cheniere says Train 6 of its Sabine Pass liquefaction project in Louisiana has achieved substantial completion on 4 February.
Russian shipyard Zvezda Shipbuilding Complex has started cutting steel for the seventh ARC 7 ice-class LNG carrier for the Arctic LNG 2 project.
Finnish shipping company Viking Line has welcomed its climate-smart flagship Viking Glory in the Port of Turku following the ship’s five-week journey home across the seas.
Wärtsilä has awarded Scana-owned Skarpenord a contract to supply valve control systems to 12 new LNG-fueled container vessels.
Australian firm BHP has welcomed the world’s first LNG-fuelled Newcastlemax bulk carrier for bunkering in Singapore by Shell.
Shell CEO Ben van Beurden said that the Prelude FLNG facility in Western Australia will remain closed for most of the first quarter of 2022.
Lithuanian LNG terminal operator Klaipedos Nafta will acquire the FSRU Independence from Hoegh LNG at the end of its lease agreement.
Fund for Export Development in Africa (FEDA), a subsidiary of African bank Afreximbank, has invested in Ecow-Gas, an LNG distribution infrastructure platform in the West Africa region.
U.S. LNG project developer Venture Global LNG has started with LNG production at its new Calcasieu Pass export facility in Louisiana on 3 February 2022.
Liquified natural gas (LNG) exports from the U.S. decreased this week, while Henry Hub prices went up, the Energy Information Administration (EIA) showed in its weekly report.
Luxembourg-based shipping company CLdN ro-ro has ordered two hybrid 8,000 lane meter roll-on/roll-off (RoRo) vessels from South Korean shipbuilder Hyundai Mipo Dockyard (HMD).
Russia’s natural gas producer Novatek has secured DNV international certification for long-term CO2 underground storage sites in the Yamal and Gydan Peninsulas.
U.S. LNG project developer Tellurian says it will start the construction of its Driftwood LNG export facility in April 2022.
