SCF Group expands LNG fleet and strengthens partnership with Total
A naming ceremony has been held for SCF Group’s latest LNG carrier, ‘SCF La Perouse’.
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A naming ceremony has been held for SCF Group’s latest LNG carrier, ‘SCF La Perouse’.
“K” Line has announced that it has signed a long-term 12-year time charter contract from 2022 with PETRONAS LNG Ltd for two newbuild LNG carriers.
According to Rystad, the Coronavirus is set to slash Chinese LNG demand, however the removal of the US LNG tariff could save the day.
Qatargas has announced the signing of a new, long term LNG SPA with Shell to deliver 1 million tpy of LNG to the State of Kuwait.
US LNG company share values have declined as China has begun suspending purchases amid weaker demand and record low spot prices.
Reuters is reporting that Total has rejected a force majeure notice issued by a Chinese LNG buyer.
Following the news that China National Offshore Oil Corp. has invoked force majeure on several LNG deliveries, Rob Patterson and Myles Mantle, London Partners at law firm Haynes and Boone, have offered their insights.
According to Reuters, China National Offshore Oil Corp. has declared force majeure on several prompt LNG deliveries from at least three different suppliers.
GTT has announced that CMA CGM Group has chosen its global portfolio of services and assistance for the commissioning, operation and maintenance of its LNG-powered container ships.
According to Reuters, an executive at Cheniere has revealed that the company’s sole Chinese contract customer continues to take committed LNG supplies.
An executive from Japan’s Inpex Corp. is predicting oversupply in the LNG market until mid-2020, at which point they expect demand from southeast Asia and India to pick up.
Adriatic LNG has reported strong results for 2019, a year in which it celebrated its 10th anniversary and achieved new activity records.