According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports have increased by one vessel from last week, while the Henry Hub spot price decreased to a monthly average. Courtesy of Cheniere In the latest Short-Term Energy Outlook for the week between 30 June and 6 July, EIA
South Korean shipbuilding group Korea Shipbuilding & Offshore Engineering (KSOE) has received two orders for the construction of a total of ten liquefied natural gas (LNG) carriers. Illustration. Courtesy of KSOE The orders have a combined value of KRW 2.87 trillion (about $2.2 billion), the shipbuilder revealed in two separate
Italian company OLT Offshore LNG Toscana, the operator of the FSRU terminal near Livorno, has appointed a new chairman and confirmed the role of chief executive officer (CEO). Courtesy of OLT Offshore LNG Toscana On 5 July, OLT Offshore LNG Toscana said that the board of directors approved a new
DHL Global Forwarding, the air and ocean freight specialist of Germany’s Deutsche Post DHL Group, has signed an agreement with compatriot liner shipping company Hapag-Lloyd for the use of advanced biofuels. Courtesy of Hapag-Lloyd As an initial step, Hapag-Lloyd will ship 18,000 TEU of DHL’s volume using advanced biofuels, which
Dutch Gate terminal, a joint venture of Vopak and Gasunie, has taken initiatives to strengthen its position in the security of the LNG supply of Northwest Europe. Courtesy of GATE Operational since 2011, Gate terminal’s initial capacity amount to 12 billion cubic meters per year (bcma) and can in the
Singapore-based shipowner Eastern Pacific Shipping (EPS) has completed the first LNG bunkering operation for its managed vessel, Greenway, which is said to be the world’s first dual-fuel LNG Suezmax tanker. Courtesy of Eastern Pacific Shipping The supply of 1,500mt of LNG took place at the Port of Pengerang in Malaysia
Hybrid-electric passenger vehicle ferry, designed by the US naval architect Elliott Bay Design Group (EBDG) for Maine ferry operator Casco Bay Lines, is entering the construction phase at Senesco Marine shipyard at Rhone Island. Courtesy of Elliott Bay Design Group The hybrid-electric 50-metre ferry will replace an existing diesel-powered ferry,
U.S. LNG project developer NextDecade and Chinese utility Guangdong Energy have executed a 20-year sale and purchase agreement (SPA) for the supply of LNG from NextDecade’s Rio Grande LNG export project. Courtesy of NextDecade On 6 July, NextDecade announced the execution of a 20-year SPA with Guangdong Energy for the supply of