SINGAPORE/LONDON, Feb 5 (Reuters) - Shipping costs for liquefied natural gas (LNG) cargoes have tumbled to five-year lows as newly built carriers added to the global fleet outpace shipping demand ...

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 ...

In particular, Europe switched its sourcing from Russia to the US, causing LNG prices and LNG vessel rates to surge. FLNG reported Q4 '24 earnings this week, and declared a dividend for the fourth ...

GTT received an order from Korean shipyard Samsung Heavy Industries for the tank design of a new LNG carrier. The vessel will feature a total capacity of 180,000-cu.m. and will be fitted with GTT ...

KUCHING, Feb 5 (Bernama) -- Volunteers from Petronas and its subsidiaries have been actively assisting flood victims in Bintulu, Kuching and Miri following the severe floods that have displaced ...

Argent LNG has chosen US technology provider Baker Hughes to supply liquefaction solutions to its planned Argent LNG project, which is envisaged with ultimate production capacity of 24 million ...

They will benefit from the fact that unlike many other producers, U.S. LNG exporters place little or no restrictions on cargo destinations, meaning buyers can ship them where they like.

Strong LNG trading helped TotalEnergies (NYSE: TTE) book consensus-beating earnings for the fourth quarter of 2024 despite weakening refining margins and lower oil prices. The French supermajor on ...

The LNG exporter used a legal loophole that allowed it to delay the official commissioning of its Calcasieu Pass LNG facility, which was when the long-term contracts would come into effect.

Instead, they may turn to other suppliers like Qatar or Australia. China imported 6% of its LNG last year, according to ship-tracking data, and that’s likely to drop as buyers in Asia’s ...

Among the 183 vessels also sanctioned were the LNG carriers Velikiy Novgorod and Pskov, Upstream’s sister title TradeWinds reported. Both carriers are owned by Russian shipowner Sovcomflot but ...