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LNG

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evergreen
LNG

Container shipping majors score big as Evergreen, CMA CGM, and Maersk add over 40 orders to the yards

The container shipping market is bustling with activity as container shipping giants Maersk, Evergreen, and CMA CGM collectively place orders for up to staggering 44 containerships, valued at over $5 billion. Evergreen has emerged as the biggest spender with a reported order of twenty-four 16,000 TE

about 3 years ago
Court’s ruling on UK’s $1.15 bln funding for Mozambique LNG project stands
LNG

Court’s ruling on UK’s $1.15 bln funding for Mozambique LNG project stands

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UK’s Supreme Court has rejected the application from the environmental campaign group Friends of the Earth to appeal its case against a government decision to help fund the Mozambique LNG development project led by French energy major TotalEnergies. The ruling comes after the Court of Appeal dismiss

about 3 years ago
INEOS LNG Carrier
LNG

INEOS charters two LNG carrier newbuilds from MOL

London-based energy player INEOS Energy Trading has signed agreements with Japanese shipping major Mitsui O.S.K. Lines (MOL) for two newbuild LNG carriers, to be used for the import of LNG into Germany from the United States. These agreements follow INEOS Energy Trading’s long-term Sales and Purchas

about 3 years ago
Fratelli Cosulich’s 2nd LNG bunkering vessel christened and launched in China
LNG

Fratelli Cosulich’s 2nd LNG bunkering vessel christened and launched in China

Italian maritime transportation group Fratelli Cosulich has celebrated the christening and launch of its second small-scale LNG bunkering vessel. The vessel named Paolina Cosulich was christened and launched on 26 June at CIMC SOE shipyard in China. This 5,300 dwt vessel, which can carry 8,200 m3 of

about 3 years ago
Gasum conducts 1st LNG bunkering operation in Iceland
LNG

Gasum conducts 1st LNG bunkering operation in Iceland

Nordic energy company Gasum has carried out the first liquefied natural gas (LNG) bunkering operation in the port of Reykjavik, Iceland.

about 3 years ago
Gjøa platform; Source: Neptune Energy
LNG

Eni and Vår Energi paying $4.9 billion for Neptune’s entire oil & gas portfolio, bar German business

Eni and Vår Energi will acquire Neptune’s entire portfolio, aside from its business in Germany, for an aggregate enterprise value of $4.9 billion.

11 minutes read
Silversea Cruises’ 1st LNG-powered ship Silver Nova underway
LNG

LNG-powered Silver Nova wraps up sea trials

LNG-powered cruise ship Silver Nova has concluded the initial phases of its sea trials, bringing the vessel closer to completion. The vessel will now undergo final touches before being delivered later this year. Silver Nova belongs to a newbuild project known as Project Evolution, and it is the firs

about 3 years ago
Venture Global and SEFE ink 20-year LNG supply deal
LNG

Venture Global and SEFE ink 20-year LNG supply deal

US-based Venture Global LNG and Germany’s Securing Energy for Europe (SEFE) have entered a long-term sales and purchase agreement (SPA) under which SEFE’s subsidiary WINGAS will purchase 2.25 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from CP2 LNG, Venture Global’s third project,

about 3 years ago
Cheniere signs long-term LNG supply deal with Equinor
LNG

Cheniere signs long-term LNG supply deal with Equinor

Cheniere Marketing, a subsidiary of LNG producer and exporter Cheniere Energy, has entered into a long-term LNG sale and purchase agreement (SPA) with energy major Equinor ASA. Under the SPA, Equinor has agreed to purchase approximately 1.75 million tons per annum (mtpa) of LNG from Cheniere Marketi

about 3 years ago
Donsötank
LNG

Donsötank books two more LNG-fuelled chemical tankers at Wuhu Shipyard

Swedish tanker shipping company Donsötank has placed an order for two newbuildings dual-fuel 22,500 dwt oil and chemical tankers with Wuhu Shipyard based in China. The vessels are scheduled for delivery in the second and fourth quarters of 2025. “As we navigate the path towards the future of shippin

about 3 years ago
Icon of the seas, sea trials
LNG

LNG-powered Icon of the Seas kicks off sea trials

Royal Caribbean International’s first LNG-powered cruise vessel, Icon of the Seas, has left the outfitting pier from Meyer Turku shipyard situated in Turku, Finland. Icon of the Seas will be conducting week-long series of sea trials through the picturesque Turku archipelago representing a culminatio

about 3 years ago
ORLEN’s Grażyna Gęsicka to deliver its first LNG cargo to Poland
LNG

ORLEN’s Grażyna Gęsicka to deliver its first LNG cargo to Poland

The second gas carrier from the ORLEN Group’s fleet has sailed from the US to Poland with a cargo of approximately 65,000 tons of liquefied natural gas (LNG). The carrier Grażyna Gęsicka, loaded at the Freeport terminal in the US, set off on 17 June for its first voyage, and is expected to reach Świ

about 3 years ago
WoodMac: Gas resource holders in LNG vs. ammonia dilemma
LNG

WoodMac: Gas resource holders in LNG vs. ammonia dilemma

According to the “Stick or twist: Should gas resource holders target LNG exports or blue ammonia?” report by energy intelligence group Wood Mackenzie (WoodMac), the acceleration of the energy transition means gas resource holders increasingly face a choice to either follow the established pathway an

about 3 years ago
In focus: Transitioning to low-carbon energy future through green hydrogen corridors
LNG

In focus: Transitioning to low-carbon energy future through green hydrogen corridors

This time last year, the world, especially Europe, was busy as popcorn on a skillet trying to secure energy supplies and balance net-zero targets with the global energy crisis hot on its heels. This prompted governments, policymakers and industry players to transform strategies and ramp up investmen

about 3 years ago