LNG shipping rates plunge on increasing vessel availability
Shipping costs for liquefied natural gas (LNG) cargoes have tumbled to five-year lows as newly built carriers added to the ...
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Hanwha Ocean to build LNG carrier pair for subsidiary
Hanwha Ocean revealed an order for the two LNG carriers, slated for delivery in the second half of 2027. The shipbuilder ...
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Greece's Evalend tied to US$370M order for four LNG bunker vessels
Kriton Lendoudis has reportedly expanded into the LNG bunker vessel sector, following previous orders for LNG carriers ...
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LNG shipping rates sink as vessel availability increases
Atlantic freight rates assessed for vessels with two-stroke engines capable of carrying 174K cm of LNG, the most common type in the market, were at $4,250/day on Tuesday, after prices on Friday ...
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HJSC to build dual fuel LNG bunkering vessel
South Korea’s HJ Shipbuilding & Construction (HJSC) has secured its first order of the year with a contract to build an 18,000 cbm liquefied natural gas (LNG) bunkering vessel for domestic shipping ...
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ExxonMobil poised to dive into LNG bunker vessels sector
ExxonMobil also moved to team up on LNG bunkering with Singapore’s Pavilion Energy, which has now been taken over by Shell. If ExxonMobil moves ahead on LNGBV newbuildings it will be following its ...
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Floating LNG Market: Sustainability And Technological Innovations
the Floating LNG Market size was valued at $19.2 billion in 2022, and is estimated to reach $51.6 billion by 2032, growing at a CAGR of 10.8% from 2023 to 2032. FLNG vessels offer a versatile and ...