LNG Shipping

The VLCC tanker market is stabilizing, with freight rates returning to pre-conflict levels after a turbulent period.

Adani Ports has won a ten-year marine services contract for Argentina's first LNG export project, entering the South American market

LNG shipping rates remained mostly stable last week, with a slight dip at the end, influenced by the Posidonia event.

The Strait of Hormuz closure has severely impacted global oil and LNG shipping, with traffic reduced to a trickle

Wood Mackenzie outlines three global LNG market scenarios after the Strait of Hormuz closure, impacting 20% of global supply

US natural gas futures dropped nearly 2% as high inventories and weaker LNG export flows pressured prices.

Atlantic Basin LNG export capacity utilization has fallen due to seasonal maintenance, despite its increased global market share

Northwest European LNG markets are experiencing reduced liquidity due to narrow price spreads and heightened global competition for cargoes

ORLEN launched a market survey for stakeholder input on its small-scale LNG and bioLNG supply infrastructure in Poland and Lithuania

UECC has cut RoRo emissions over 10 years with dual-fuel LNG, hybrid ships, and bioLNG, advancing net-zero goals

Sallaum Lines has taken delivery of two new LNG dual-fuel PCTCs, Ocean Express and Ocean Navigator, boosting its fleet capacity.

BGN has ordered two new dual-fuel VLGCs from HD Hyundai, expanding its LPG fleet to 19 vessels by 2029.

The U.S. Treasury sanctioned six more LPG carriers for their role in moving Iranian liquefied petroleum gas.

DH Shipbuilding secured an order for two Suezmax crude oil tankers from an Oceania-based company at record prices

DH Shipbuilding has entered the Very Large Gas Carrier (VLGC) market after receiving design approvals for its new 88K VLGC concept

Russian gas flows to Europe through the TurkStream pipeline have stopped for scheduled maintenance operations.

The global VLCC market is showing cautious stability, with freight rates remaining resilient despite geopolitical shifts.

Singapore has secured enough replacement liquefied natural gas cargoes to offset disrupted supplies from Qatar through the end of 2026

South Korea will triple Canadian crude oil imports and boost LNG supplies through new investments in Canadian projects

A sanctioned Russian LNG carrier completed a rare early-season eastbound transit of the Northern Sea Route with icebreaker escort

New data shows continued investment in methane decarbonization for shipping, despite geopolitical and regulatory challenges.

GTT will design cryogenic tanks for a new 174,000 cubic meter LNG carrier ordered by a European shipowner.

BP expects a 4.7% rise in Tangguh LNG deliveries to Indonesia's domestic market, totaling 89 cargoes by 2026

LPG/ethane carriers comprised the majority of 36 alternative-fuelled vessel orders placed in May

K Line has ordered four LNG dual-fuel car carriers to boost its European short-sea automotive logistics network

Supertanker owner DHT Holdings has ordered another VLCC from Hanwha Ocean, with delivery expected in August 2028.

Delfin Midstream's $5 billion floating LNG export project off Louisiana is approved, set to be the first US FLNG facility.

BW LPG Limited reported a Q1 2026 profit of US$164 million, boosted by strong shipping and trading results

European commodity markets face supply pressures with declining LNG imports and aluminum shipments at decade lows

Iraq plans to raise crude oil pipeline exports to 770,000 bpd, diversifying routes and reducing Gulf shipping dependence.