Tag: LNG

ITOPF has published a report highlighting the distinct nature of claims arising from LNG spills compared to traditional oil spills, focusing on the unique impacts associated with LNG's properties. 

GTT, COSCO SHIPPING LNG Investment (CSLNG), and COSCO SHIPPING Heavy Industry (CHI) have signed a cooperation agreement to develop LNG and ethane carriers, floating LNG units, and ammonia-fueled solutions for VLCCs.

Transnet National Ports Authority (TNPA) has made a significant step in developing the South Dunes Precinct at the Port of Richards Bay by signing two major Terminal Operator Agreements (TOAs).

President Trump highlighted the Alaska Liquefied Natural Gas (LNG) Project during his meeting with Japanese Prime Minister Shigeru Ishiba on 7 February. 

Shipping costs for liquefied natural gas (LNG) cargoes have tumbled to five-year lows as newly built carriers added to the global fleet outpace shipping demand and shorter average journey times have increased vessel availability, Reuters reports. 

Drewry examines the impact of the ongoing ceasefire between Israel and Hamas on the resumption of ship transits through the Suez Canal, examining the implications for LNG shipping.

Allied Shipbroking points out that while the LNG sector faced challenges last year, several key trends emerged despite the turbulence.

Stolt-Nielsen Limited, through its subsidiary Stolt-Nielsen Gas Ltd., has entered into a share purchase agreement to acquire all the shares of Avenir LNG Limited, owned by Golar LNG Limited and Aequitas Limited. 

The PLN 1.7 billion investment, includes the construction of a third gas tank and a second quay, increasing regasification capacity.

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.