LNG Shipping

HD KSOE has secured final performance verification and type approval for its high-pressure pump for LNG-fueled ships.

HMM has secured long-term bareboat charters with Mercuria for two new gas carriers, expanding its specialized fleet.

LNG and LPG shipping rates are declining across major routes due to softer global prices and reduced arbitrage opportunities.

Nigeria's Dangote refinery has secured two crude oil cargoes from the UAE, diversifying its supply chain.

Venezuela's oil production and refining facilities sustained no significant damage from two earthquakes on June 24.

Middle Eastern producers are continuing oil and LNG loadings despite recent vessel attacks and military exchanges in the Strait of Hormuz

GasLog LNG carrier is the first commercial vessel to receive dual ABS SMART MHM and Preventative Maintenance Program notations

COSCO Shipping Energy, Shell, and Jiangnan Shipyard are partnering to construct four eco-friendly LNG carriers in China for Shell.

MSC has reportedly ordered up to 20 new 20,000 TEU LNG dual-fuel containerships from a Chinese shipyard.

Yang Ming christened its third 15,500 TEU LNG dual-fuel container ship, the 'YM Wayfinder,' for its Asia–North Europe FE3 service

European natural gas prices remained near two-month lows as Strait of Hormuz shipping normalized and Middle East risks cooled

US natural gas storage levels rose by 76 billion cubic feet, exceeding market expectations and potentially impacting prices

The 100-day closure of the Strait of Hormuz is causing a re-evaluation of global energy markets, similar to the 1973 oil embargo

CMA CGM adds a 24,212 TEU LNG-powered vessel to its Asia-Europe FAL service, testing port interfaces in North Europe

Poland's Orlen and Ukraine's Naftogaz Group collaborate on LNG supply and decarbonization to bolster Ukraine's energy security

HMM is investing $1.1 billion in ten new bulk and gas carriers, expanding its fleet beyond container shipping.

QatarEnergy is investigating a deadly explosion and fire at its LNG production and export hub, causing 13 deaths and 66 injuries

GTT will design cryogenic tanks for three new 174,000 m3 LNG carriers ordered by Samsung Heavy Industries for a US owner

Iran's oil industry expects a slow recovery in crude output and exports, despite ongoing talks to lift sanctions.

Poland is developing a second floating LNG import terminal in Gdansk, reinforcing Europe's LNG infrastructure commitment.

Wärtsilä Gas Solutions is now Nord Gas Solutions after its acquisition by German private equity firm Mutares SE & Co. KGaA

Nord Stream 2's owner is suing the EU to annul the bloc's binding phase-out of Russian gas imports

An arbitration tribunal has been formed to resolve a dispute regarding revoked permits for an LNG terminal in Panama.

Global crude oil loadings decreased by a marginal 0.2% year-over-year in 2024, impacting tanker market dynamics

Ionic, a Greek shipping firm, has ordered four new suezmax and aframax tankers from Japanese shipyards, maintaining its focus on…

Bureau Veritas has certified the CMA CGM Notre Dame, the first in a series of 24,000 TEU LNG dual-fuel container ships

LNG shipping stocks fell as geopolitical tensions eased in the Strait of Hormuz, impacting market perception of risk.

PIL has named its first two 13,000 TEU LNG dual-fuel container vessels, Kota Elok and Kota Elan, at Hudong-Zhonghua Shipyard

Low-GHG methane, including bio-methane and e-methane, may help LNG-capable ships comply with tightening emission regulations

Oil and LNG tankers are once again navigating the Strait of Hormuz after Iran's brief closure of the vital waterway.