Tag: LNG

Mitsui O.S.K. Lines, Ltd. (MOL) has signed a long-term charter contract for a newbuilding LNG carrier, marking its eighth agreement with JERA Co., Inc.

According to the latest data from DNV’s Alternative Fuels Insights (AFI) platform, a total of 515 alternative-fueled ships were ordered in 2024, representing a 38% year-on-year increase compared to 2023.

According to Windward's new report for the Q4 of 2024, the maritime industry and trading ecosystem continued to grapple with disruption.

UECC has added vehicle manufacturer JLR to its initiative for using low-carbon liquefied biomethane (LBM) in maritime transport.

The U.S. Department of Energy (DOE) on a statement said that it is not able to complete reviews of two planned LNG export terminals until an independent regulatory body finishes its environmental assessments of the projects.

According to Vortexa's analysis, LNG freight prices are under pressure as rapid fleet growth outpaces demand, and ballast speeds of the fleet are falling at the start of the winter season, highlighting the oversupply.

ADNOC Logistics and Services has taken delivery of "Al Shelila," the first of six new liquified natural gas (LNG) carriers built by Jiangnan Shipyard in China.

Hanwha Ocean Co. has secured a contract to build two LNG carriers for Maran Gas Maritime Inc., valued at $51.2 million.

The Energy Market Authority (EMA) of Singapore has signed a Memorandum of Understanding (MoU) with PetroChina International Company Limited to enhance Singapore’s expertise in Liquefied Natural Gas (LNG) supply and management.

According to Bloomberg, tankers carrying sanctioned liquefied natural gas from Russia gathered off the country’s far eastern coast.