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LNG

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Aerial view oil and gas tanker ship lpg tanker shi
Industry

Qatar LNG Exports Collapse 96 Percent to Just 18 Cargoes in Six Months

Qatar's LNG exports have fallen 96 percent over six months to 18 cargoes from 509 a year earlier, leaving an estimated $24bn shortfall in gas sales.

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Gas carrier and oil tanker under way at sea
Industry

Hormuz Transits Fall to Two Vessels in a Day, Lowest Since May

Only two ships entered the Strait of Hormuz on August 24, the lowest daily count since early May, with fewer than 20 commercial vessels crossing over the weekend.

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A gas carrier and a tanker at an industrial terminal
Dark fleet

Russian Frigate Escorts Gazprom LNG Carrier Portovyy Along the Norwegian Coast

The Northern Fleet frigate Admiral Kasatonov is escorting the Gazprom LNG carrier Portovyy from the Baltic toward Murmansk, in the latest naval protection of a Russian commercial voyage.

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At least eight used carriers and two Zvezda newbuilds added in six months
Dark fleet

Russia Builds an LNG Shadow Fleet Ahead of the EU's 2027 Ban

Russia is assembling a shadow fleet of LNG carriers ahead of the EU's complete ban on Russian LNG imports from January 2027, buying up ageing tonnage the industry is already retiring.

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Panama Canal LNG Transits Reach A Near Three-Year High
Port activity

Panama Canal LNG Transits Reach A Near Three-Year High

Eleven laden liquefied natural gas carriers passed through the Panama Canal in July, up from six the previous month and the highest monthly figure since late 2023, before drought-related draft restrictions and transit caps drove gas

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Gas Producer Commits To A Fourth Floating Liquefaction Unit
Industry

Gas Producer Commits To A Fourth Floating Liquefaction Unit

A Nasdaq-listed gas shipping and liquefaction company has taken a final investment decision on a fourth floating liquefaction unit, ordering a vessel with capacity of about 3.5 million tonnes a year at a Chinese yard for delivery by

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LNG carrier at a loading terminal
Sanctions

EU still absorbing bulk of Russian Arctic LNG despite phase-out push

Trade-flow data shows Europe took the overwhelming share of Russian Arctic liquefied natural gas in the first six months of the year, even as the bloc works towards ending those imports.

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Aerial view of an LNG carrier at a gas terminal
Industry

US LNG Exports Stall In July Despite Higher Global Gas Prices

American LNG exports slipped to 10.48 million tonnes in July from 10.6 million, as summer maintenance kept volumes flat while Asian and European gas prices rallied.

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LNG carrier alongside a gas terminal jetty
Incident

Drone strike on Damietta gas carriers widens Middle East maritime conflict

A drone strike on a floating regasification unit and an LNG carrier at Egypt's Damietta terminal has pushed the Middle East maritime conflict into the Mediterranean.

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An LNG carrier alongside a liquefied natural gas terminal
Industry

NYK Takes Majority Voting Stake In LNG Investment Vehicle For 221 Million Dollars

NYK will invest 221 million dollars in Diamond Gas MidOcean for 87.4 percent of its voting rights, taking an indirect position in MidOcean Energy alongside a partnership on LNG marine transport.

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An LNG carrier moored at a gas terminal jetty
Industry

Eni And TotalEnergies Approve Cyprus Gas Development With Egyptian Export Route

Eni and TotalEnergies have taken a final investment decision on the Cronos gas field offshore Cyprus, with production from 2028 routed through Egyptian infrastructure and liquefied at Damietta for export to Europe.

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A container ship entering port
Industry

HMM Halts Container Ship Orders To Pivot Into Energy Shipping

HMM has halted plans for at least ten new 13,000 teu container ships and is redirecting investment into tankers, LNG carriers and very large gas carriers, stepping out of the boxship ordering wave.

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LNG terminal with gas carrier alongside
Incident

LNG carrier disabled off Oman as Hormuz threats multiply

Merchant shipping remains exposed at both ends of the Strait of Hormuz, with fresh threats and explosions reported even as Washington claims another round of negotiations with Iran is getting underway.

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Controls on the bridge of an offshore support vessel
Industry

Allseas to install subsea link of Canadian gas pipeline

Allseas will lay 50 km of subsea pipeline in British Columbia in 2029 using Solitaire and Sandpiper, completing the feed to Ksi Lisims LNG.

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LNG carrier alongside a terminal with tugs in attendance
Industry

QatarEnergy extends force majeure on LNG cargoes to Italian utility

QatarEnergy cannot deliver three more cargoes to Edison, taking the total under force majeure to 24 and roughly 3 billion cubic metres of gas.

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LNG carrier alongside a jetty seen from above
Sanctions

EU exempts Russian LNG transhipment, easing pressure on Total and Yamal

Brussels has reversed its ban on transhipping Russian LNG to third countries, allowing TotalEnergies to keep selling Yamal gas into Asia.

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LNG carrier alongside an import terminal
Industry

GTT expects 550 more LNG carriers to be ordered by 2035

GTT expects around 550 LNG carriers to be ordered by 2035, on top of an orderbook already equal to almost two fifths of the trading fleet.

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An LNG carrier under construction at a shipyard
Industry

Chinese shipyards close gap on South Korea in LNG carrier orders

Chinese shipyards have narrowed South Korea's long-standing lead in LNG carrier construction, securing more orders than their Korean rivals so far this year as Korean capacity tightens.

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An LNG carrier underway with its cargo tanks visible
Product

GTT Marine wins fleet-wide digital mandate for PETRONAS LNG carriers

GTT Marine will deploy an integrated vessel performance platform across the PETRONAS-chartered LNG carrier fleet, combining data analytics, voyage optimisation and cargo monitoring in one system.

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LNG carrier departing a Gulf loading terminal
Incident

QatarEnergy prepares to extend LNG force majeure into mid-October

QatarEnergy is reportedly readying an extension of force majeure on its LNG shipments through mid-October, as vessel traffic through the Strait of Hormuz remains severely disrupted.

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Modern LNG-hybrid ferry design rendering at sea
Industry

TT-Line orders second battery-hybrid LNG ferry for Baltic route

Ferry operator TT-Line has confirmed an order for a second battery-hybrid LNG ferry, building on its first Green Ship 2.0 newbuild ordered late last year.

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Small LNG carrier under construction at a shipyard
Industry

Avenir LNG launches first vessel in latest newbuilding programme

Avenir LNG has launched Avenir Ambition, the first vessel in its newest newbuilding programme, as the company continues to grow its small-scale LNG carrier fleet.

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Large green-hulled LNG-powered containership underway
Industry

CMA CGM names LNG-powered sistership as newest Asia-Europe flagship

CMA CGM has named its latest 24,000 TEU LNG-powered containership, the sistership of Notre Dame, ahead of deployment on the group's premier Asia-Europe route.

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A giant green-hulled containership at a naming ceremony dockside
Vessel sales

CMA CGM names Notre Dame, the largest containership ever to fly the French flag

CMA CGM has held a naming ceremony in Le Havre for the Notre Dame, the largest French-flagged containership ever built and the first of ten next-generation vessels.

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A modern LNG-powered containership departing a Turkish port
Vessel sales

Turkey launches its first LNG-fuelled and largest-ever domestically built containership

Turkish carrier Turkon Line has put the country's first domestically built LNG-fuelled containership into service, marking a major expansion of its fleet capacity.

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LNG tanker under way at sea
Industry

Pakistan pays record sums for spot LNG as Qatar supply falters

Pakistan is paying record spot LNG prices as Hormuz disruption and stranded Qatari cargoes force it onto the market.

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Container ship at sea
Industry

Yang Ming orders up to $1.2bn of dual-fuel boxships at Hanwha Ocean

Yang Ming has selected a South Korean shipbuilder for six LNG dual-fuel container ships worth up to about $1.2bn.

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Vehicle carrier ship at a port
Port activity

Southampton welcomes its largest-ever car carrier

The port of Southampton has welcomed the largest vehicle carrier ever to call there by capacity on its maiden European voyage.

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LNG carrier under way at sea
Sanctions

Greece blocks new EU sanctions to shield a gas-shipping owner

Greece has blocked a new round of EU sanctions on Russian gas to protect a Greek-owned gas-shipping company.

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Port terminal cranes at dusk
Sanctions

Paris court orders Novatek unit to pay 20m euros in LNG case

A Paris court has ordered a Novatek subsidiary to pay more than 20m euros to a French energy company after rejecting sanctions as a force majeure defence.

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Ice-class tanker at sea
Sanctions

European lawmakers press Danish yard over Arc7 tanker work

More than 100 parliamentarians from 16 European countries have called on Danish shipyard Fayard to stop servicing the ice-class Arc7 tankers that move Russia's Arctic LNG.

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Gas carrier at sea
Product

Wärtsilä lands five-year lifecycle deal for Turquoise P FSRU

Wärtsilä has secured a five-year lifecycle agreement covering the Turquoise P floating storage and regasification unit for an Ireland-based energy company.

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LNG carrier tanks at a terminal
Industry

ADNOC shipping arm orders four more LNG carriers in China

ADNOC Logistics and Services has ordered four next-generation LNG carriers worth about $900m, extending one of the sector's largest newbuilding programmes.

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Large gas carrier under construction at a shipyard
Industry

Korean shipbuilders head for record profit on LNG boom

South Korea's three largest shipbuilders are on track for their first combined annual operating profit of about $6.6bn, driven by high-margin LNG carriers.

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Floating storage and regasification unit at a jetty
Product

Wartsila lands regasification technology scope for new FSRU

Wartsila has been picked to provide the regasification system for a floating storage and regasification unit, adding to its work on import infrastructure.

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Floating LNG production vessel offshore
Industry

Court clears path for Delfin's floating LNG project off Louisiana

A US appeals court has dismissed a legal challenge to Delfin's offshore liquefied natural gas project, removing a hurdle ahead of a final investment decision.

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Tugboat pushing a barge
Industry

US tug owners expand fleets as new energy terminals open

US operators are ordering newbuild harbour and escort tugs to serve new LNG export terminals and ultra-large containerships.

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LNG carrier anchored at a gas terminal
Vessel sales

ADNOC L&S adds four LNG carriers in $900m China deal

ADNOC Logistics & Services has ordered four more LNG carriers at China's Jiangnan Shipyard in a $900m deal, lifting its LNG newbuild programme to 18 vessels.

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Machine guns spotted on Russian LNG carrier in the Baltic
Industry

Machine guns spotted on Russian LNG carrier in the Baltic

An OCCRP investigation reports that Russia has fitted the Gazprom-owned LNG carrier Marshal Vasilevskiy with heavy machine guns in the Baltic, an apparent first for a merchant vessel on a commercial route.

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