Gas

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

Gas

January 22, 2021

Sovcomflot, Total sign long-term LNG carrier deal

PAO Sovcomflot (SCF Group) and Total have concluded a time charter agreement for up to 7 years for a newbuilding 174,000-cbm LNG carrier, to be...

January 19, 2021

Avance Gas agrees contracts for two dual fuel VLGC newbuildings with DSME

Avance Gas announced that it has entered into shipbuilding contracts for two 91,000 CBM, LPG Dual-Fuel VLGCs with Daewoo Shipbuilding and Marine Engineering (DSME) in...

January 18, 2021

Awilco: New time charter contract

Awilco LNG agreed a new time charter contract for 2013-built 156,000 cbm LNG carrier WilPride. (more…)

In this Jan. 19, 2017 photo, a liquefied natural gas tank ship is guided through the Cocoli locks, part of the new Panama Canal expansion project in Cocoli, Panama. Pilots on the bridge of cargo ships and tug operators sometimes deliberately nudge gently up against the canal's barriers simply as a way to properly align the vessels. That has lessened somewhat, but the battered bumpers are evidence that not all passages are smooth. (AP Photo/Arnulfo Franco)

January 18, 2021

Panama Canal LNG vessel bottleneck could last until March

Congestion delaying LNG shipments via the Panama Canal is expected to last through the peak demand winter months, traders close to the situation said, although...

January 15, 2021

Panama Canal LNG vessel bottleneck could last until March

Congestion delaying LNG shipments via the Panama Canal is expected to last through the peak demand winter months, traders close to the situation said, although...

January 14, 2021

New Fortress Energy to Acquire Golar LNG Partners LP

Golar LNG Partners LP announced that it has entered into an agreement and plan of merger with New Fortress Energy Inc. (Nasdaq: NFE) (“NFE”). (more…)

January 13, 2021

LNG shipping rates from U.S. surge to record highs on Asia buying boom

The cost of shipping liquefied natural gas (LNG) from the United States to Asia hit a record high on Tuesday as appetite for the fuel...

January 7, 2021

Avance Gas Appoints Kristian Sørensen as new CEO

The Board of Avance Gas announced the appointment of Kristian Sørensen as the new Chief Executive Officer of Avance Gas AS. Sørensen currently holds the...

January 7, 2021

S. Korean yards benefit from increased demand for LNG carriers

Korean shipbuilders announced their first big deals of the new year on Tuesday, on top of a rising tide of demand for eco-friendly shipping. (more…)

January 5, 2021

Capital Gas Takes Delivery of LNG Carrier

Capital Gas Ship Management Corp. took successful delivery of the newbuilding LNG Carrier ‘Aristidis I’, built by Hyundai Heavy Industries, S.Korea. (more…)

January 5, 2021

Nakilat takes delivery and management of LNG carrier newbuild

Nakilat has taken delivery of a newbuild LNG carrier, “Global Star”, which will be commercially and technically managed in-house by Nakilat. (more…)

January 4, 2021

China’s December LNG imports hit monthly record

China’s monthly imports of liquefied natural gas (LNG) hit a record high of over 9 million tonnes in December, shiptracking data from Refinitiv Eikon showed...

December 24, 2020

Epic Gas & Lauritzen Kosan to combine fleet and businesses

Epic Gas Ltd., a leading LPG shipping solutions company, and Lauritzen Kosan A/S, the gas carrier division of J. Lauritzen, have entered into a transaction...

December 17, 2020

Probunkers Submits Request For LNG Bunkering License In Port Of Singapore

Probunkers responded to the Request for Proposal (RFP) of The Maritime and Port Authority of Singapore (MPA) for new licensees for supply of LNG as...

December 16, 2020

WL Ross: Agreement to Sell 39.1% Equity Interest in Navigator Holdings to BW Group

WL Ross announced that it has agreed to sell, on behalf of funds managed by WL Ross, their approximately 39.1% equity interest in Navigator Holdings...