
Asian Shipbuilding Dominance May Hinder Global LNG Export Growth
Asian shipbuilding dominance could impede the record expansion of global LNG supply due to limited carrier construction capacity
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Asian shipbuilding dominance could impede the record expansion of global LNG supply due to limited carrier construction capacity
Enersea's new LNG loading platform offers a cost-effective alternative to conventional jetties for a major South American project
NYK's new VLGC, Lyla Pathfinder, features dual-fuel capabilities for LPG and heavy fuel oil, minimizing diesel use.
An LNG tanker arrived at Mexico's Energia Costa Azul terminal, preparing for the project's first export cargo
StealthGas Inc. has settled an insurance matter for its LPG carrier Eco Wizard and received compensation.

ADNOC, XRG, and Mitsui have signed an agreement to explore joint ventures in LNG, crude oil, sulfur, chemicals, and shipping.
The UP World LNG Shipping Index continued its decline last week, though at a reduced pace, closing at 194.60 points.
Henry Hub natural gas prices are projected to rise to US$5/mmbtu by 2035, ending a decade of lower costs.
US natural gas futures climbed to a one-week peak, supported by reduced output and higher LNG export demand
A Qatari LNG tanker was struck by a projectile off Oman, causing a fire, with no casualties or environmental impact.

Inpex Energy Trading Singapore has finalized a long-term LNG supply agreement with ADNOC Ruwais Liquefied Natural Gas
Middle East VLCC crude loadings surged in June, yet abundant vessel supply constrained freight rate increases for owners
Kuwait Oil Company targets a substantial increase in gas production to 4 billion cubic feet daily within ten years
Chinese seaborne crude oil imports fell approximately 23% year-on-year in the first half of 2026, according to vessel-tracking data

ADNOC has unified its LNG marketing and trading functions into a single platform, positioning itself as a major global player
LNG shipping spot rates declined across major global routes last week, indicating a softer market.
US LNG exports to Latin America and the Caribbean hit a 37-month high in June, increasing significantly from May.
China's new policies are reshaping natural gas demand, affecting LNG trucking and promoting industrial coal-to-gas switching.
BW LNG has ordered a new 174,000 cbm FSRU from HD Hyundai Heavy Industries for $320 million, due in Q2 2029
Indonesian owners are acquiring older LNG carriers, giving them a second life as vessel values in the segment decline
Molgas Energy secured a 10-year license for truck-to-ship LNG bunkering services at Spain's Port of Bilbao

Woodside Energy has assumed operational control of ExxonMobil's offshore oil and gas assets in Australia's Gippsland region

Texas LNG Brownsville has authorized Kiewit Energy Group to begin early construction on its LNG export facility
Bureau Veritas has certified Dynacom's new tanker, M/T MODI, as 'LNG fuel-prepared' and environmentally compliant.

Qatar has restarted LNG exports through the Strait of Hormuz after a brief suspension due to a recent tanker attack
Canada is moving forward with a major crude oil pipeline project on its Pacific Coast, targeting increased exports to Asia
TotalEnergies sold its 85% interest in Block 2E offshore Malaysia, including a Marjoram gas field stake, to Inpex for $350 million
LNG was the dominant alternative fuel choice for new vessel orders in June, according to DNV data

Höegh Evi and Nord Gas Solutions validated ammonia-to-hydrogen cracking technology for floating hydrogen terminals in Norway
Eastern Pacific Shipping reported that alternative fuels made up 25% of its total fuel consumption in 2025.
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