
AB Klaipedos Nafta declares purchase option to acquire FSRU Independence
The transfer of ownership is expected to occur in December 2024.
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The transfer of ownership is expected to occur in December 2024.

China is set to register the highest LNG regasification capacity additions in Asia between 2022 –2026, accounting for a share of roughly 34% of the region’s total capacity additions by 2026.

Wholly-owned subsidiaries of Shell plc in Switzerland, the UK, the US, and Sweden have entered into agreements to acquire the environmentally considerate lubricants business of the PANOLIN Group.

NYK has announced that the joint-venture companies that NYK is a part of have signed a long-term time-charter contract with QatarEnergy for five LNG carriers.

DNV has launched a Shanghai-based Gas Carrier and Alternative Fuels Expert Team to support key stakeholders amid strong growth in two thriving markets in China: large gas carriers and alternative-fuel new buildings.

Greg Gedney, Industry Expansion Manager, Greene Tweed, explores how to increase reliability and pump lifetime in ethylene oxide service.

Crowley and JAXPORT have been awarded a federal grant to support a US$14.6 million project to reduce emissions and add electric-power equipment at Crowley’s terminal.

The vessels are scheduled to be delivered in 2025.

Pursuant to the agreement, ConocoPhillips will have an effective net participating interest of 6.25% in the NFS project out of a 25% interest available for international partners.

India is set to register the second highest LNG regasification capacity additions in Asia between 2022 and 2026, accounting for approximately 21% of the region’s total capacity additions by 2026.

Woodside Energy and the Japan Bank for International Cooperation have signed a memorandum of understanding aimed at securing a stable supply of energy for Japan and to assist in achieving its decarbonisation goals.

In February 2023, Svanehøj Tank Control Systems will deliver tank gauging systems to COOEC for six LNG tanks at the Longkou Nanshan LNG Terminal.