
Strong recovery in vessel demand as confidence returns to the industry
Demand for subsea vessels is projected to make a strong recovery as confidence returns to the industry and more deepwater projects are sanctioned.
Browse the latest lng shipping news and articles.

Demand for subsea vessels is projected to make a strong recovery as confidence returns to the industry and more deepwater projects are sanctioned.

A group of US businesses and business groups, including API, have written a letter to President Obama asking him to intervene in the implementation of stringent new standards.

The American Public Gas Association comment on the Environmental Protection Agency’s propositions to amend the greenhouse gas reporting rule.

Cedigaz, the International Association for Natural Gas, has predicted that the world LNG trade will bounce back in 2011 and there will be little excess, in spite of new capacity additions.

Wärtsilä has been awarded a five-year technical management contract by Ceres LNG Services Ltd, a Greek ship management company and a major marine service provider in LNG shipping, covering six LNG carriers.

Qatargas is to supply Argentina’s ENERSa with 5 million tpa of LNG for 20 years, beginning in 2014.

A bright future is forecast for the LNG industry, as long-term gas demand drives major investment in global LNG facilities.

Chris Holmes, Purvin & Gertz, describes the impact of the Great East Japan earthquake on the LNG supply to Europe.

Hyundai Heavy Industries, the world’s biggest shipbuilder, has clinched a US$ 500 million order to build the world’s first two new LNG FSRU for Hoegh LNG.

Qatargas has delivered its first ever LNG cargo to Thailand. The cargo was delivered to the Map Ta Phut LNG terminal by the LNG carrier Golar Viking.

Hyundai Heavy Industries has won a US$ 600 million order to build two 155,000 m3 LNG carriers, and has another order from Rowan Companies for two drillships worth US$ 1.12 billion.

Stena Bulk has bought three LNG tankers from the Taiwan-based shipping company TMT for a total of US$ 700 million.