Gas

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

Gas

October 29, 2020

SCF time charters three icebreaking LNG carriers to Arctic LNG 2 project

SCF Group (SCF) and Arctic LNG 2, the operator of the Arctic LNG 2 project, concluded 30-year time charter agreements for three new icebreaking LNG...

October 27, 2020

Dorian LPG sees dual fuel VLGC upgrade costing 3 times scrubber retrofitting

Upgrading the main engines of very large gas carriers to dual fuel technology using LPG to reduce sulfur emissions would cost more than three times...

October 26, 2020

Spurred by reform, China’s niche LNG buyers to pour in investments, double imports

A group of niche Chinese gas firms is set to make waves in the global market with plans to invest tens of billions of dollars...

October 23, 2020

Spurred by reform, China’s niche LNG buyers to pour in investments, double imports

A group of niche Chinese gas firms is set to make waves in the global market with plans to invest tens of billions of dollars...

October 21, 2020

Total Delivers its First Carbon Neutral LNG Cargo

Total has delivered its first shipment of carbon neutral liquefied natural gas (LNG) to the Chinese National Offshore Oil Corporation (CNOOC). The loading operation was...

October 20, 2020

Nakilat: Strong earnings results in third quarter of 2020

Nakilat reported a net profit of QR 900 million for its financial results for the third quarter ended 30 September 2020, an increase of 23.6%...

October 15, 2020

LNG Prices Return From The Doghouse As Weather Fears Stoke Rally

Spot liquefied natural gas (LNG) prices in Asia have roared back to life in recent weeks, boosted by temporary and longer-lasting factors and recovering from...

October 14, 2020

DSME Clinches US$1.8 Bil. Order for 6 LNG Carriers from European Client

Daewoo Shipbuilding & Marine Engineering (DSME) has been awarded an order to build six liquefied natural gas (LNG) carriers valued at US$1.8 billion. (more…)

October 7, 2020

Golar Power to appeal disqualification from Petrobras LNG terminal bid

Natural gas company Golar Power said on Friday that it objects to its disqualification from the bidding for a liquefied natural gas import terminal being...

October 2, 2020

Vafias Group Announces Additional Newbuild Deliveries

Despite the covid pandemic and its devastating effects on world trade, sentiment and on shipping the Vafias Group announces delivery of its 29th and 30th...

September 28, 2020

China on course for record LNG imports as industries recover, expand

China’s imports of liquefied natural gas will likely grow 10% to new highs this year as companies scoop up cheap supplies to cover increasing industrial...

September 28, 2020

SHI Closer to Winning US$4 Bil. Orders for LNG Carriers – report

Expectations are growing that Samsung Heavy Industries will receive large-scale LNG carrier orders from Mozambique and Russia. (more…)

September 22, 2020

Nakilat transitions LNG Al Rekayyat to in-house management

Nakilat has assumed full ship management and operations of Q-Flex LNG carrier Al Rekayyat from Shell International Trading and Shipping Company Limited (Shell) with effect...

September 21, 2020

International Lenders Back $9.5 Billion Financing for Russia’s Arctic LNG 2

International lenders have lined up about $9.5 billion in financial support for a Russian Arctic liquefied natural gas (LNG) project, a document seen by Reuters...

September 21, 2020

Saudi Aramco accepts October-loading term LPG with some cuts: traders

Saudi Aramco has announced acceptances of October term LPG cargoes with some cancellations or cuts in cargo loadings, traders told S&P Global Platts on Sept....