Gas

This page features all the latest news and developments in LPG and LNG gas carriers.

Gas

November 16, 2018

Tankers storing LNG in Asian waters double as pre-winter demand disappoints

Tankers storing liquefied natural gas (LNG) in Asian waters have more than doubled in number since late October as traders have been caught off guard...

November 15, 2018

Sovcomflot clinches $149m credit facility for LNG carrier newbuild

Sovcomflot (SCF Group) announced that it has signed a new USD 149 million credit facility, for up to 10 years, with a consortium of three...

November 15, 2018

Cheniere Bets $15 Billion on World Gas Demand Despite Tariff

Wearing a hardhat and orange vest, Ari Aziz climbs metal steps under a blazing sun until he’s standing atop an 180-foot-high tank in Corpus Christi,...

November 13, 2018

Eighth Ice-Breaking LNG Carrier Heads to Yamal to Load Gas

A new ice-breaking tanker capable of navigating the Arctic on its own is set to load its first liquefied natural gas (LNG) shipment from Russia’s...

November 13, 2018

First U.S. LNG cargo since 10 pct tariff enacted arrives in China

A liquefied natural gas (LNG) cargo from the United States has arrived in China, the first such cargo since Beijing imposed a tariff on U.S....

November 12, 2018

How Toshiba Lost $806 Million Buying Into America’s LNG Boom

Buy high, sell low and guarantee a loss. It’s not exactly what Toshiba Corp. planned when it dipped its toes in liquefied natural gas trading....

November 7, 2018

LNG shipping rates hit all-time high ahead of winter traffic

The cost of shipping liquefied natural gas (LNG) has hit $200,000 a day, exceeding a 2012 peak of $180,000 a day. (more…)

November 2, 2018

Gaslog Considers Buybacks, Extra Dividends as LNG Shipping Rates Soar

Gaslog, a liquefied natural gas (LNG) carrier, said on Thursday it was considering extra dividends or a share buyback after reporting record profit due to...

November 2, 2018

Petronas Loads LNG Fuel Cargo on World’s Largest LNG Bunkering Vessel

Malaysia’s state energy firm Petronas said on Thursday it has supplied its first liquefied natural gas (LNG) cargo to a marine-fuel vessel ahead of a...

November 1, 2018

Hadjipateras expects more balanced VLGC market

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers, reported its financial results for the three months ended September 30,...

October 31, 2018

Greece’s Gastrade launches market test for Alexandroupolis LNG terminal

Greek natural gas company Gastrade on Tuesday launched a market test for a liquified natural gas terminal it is developing in northern Greece. (more…)

October 29, 2018

Nakilat nine-month profit jumps

Nakilat has reported a 9% year-on-year increase in net profit to QR659mn during January-September this year. (more…)

October 29, 2018

Vitol imports first US LNG cargo into South Hook, UK

In an announcement on 26 October, Vitol SA said it "will shortly import an LNG cargo into the UK through the South Hook LNG Terminal,...

October 26, 2018

GasLog Partners: Acquisition of Methane Becki Anne for $207.4M

GasLog Partners, an international owner and operator of liquefied natural gas carriers, reported its financial results for the three-month period ended September 30, 2018 and...

October 26, 2018

Ship scarcity threatens LNG market growth more than tight supply – IEA

The lack of timely investments in building the LNG carrier fleet threatens market development and security of supply, which could materialize earlier than insufficient liquefaction...