Leading Chinese energy industry players China National Offshore Oil Corporation (CNOOC) and China National Oil and Gas Exploration and Development Company (CNODC), a subsidiary of China National Petroleum Corporation, have secured a 10% interest each in the Russian Arctic LNG 2 project.

China LNG Shipping (Holdings) Limited (CLNG), 50% controlled by Cosco Shipping Energy Transportation named four ice-breaking LNG carriers jointly funded with Teekay.

An icebreaking LNG carrier serving the Yamal LNG project in far North Russia has set a new record transit for July of less than eight days for the Northern Sea Route (NSR).

The Ice-Breaking LNG Carrier Vladimir Rusanov, which is jointly owned by MOL and China COSCO Shipping Corporation (China COSCO Shipping), has successfully arrived at the Bering Strait after making its first Northern Sea Route (NSR) transit.

The ice-breaking liquefied natural gas (LNG) carrier Vladimir Rusanov, jointly owned by Mitsui OSK Lines (MOL) and China Cosco Shipping has undertaken its first loading at Yamal LNG in the far north of Russia.

Mitsui OSK Lines (MOL) is looking to expand in Arctic shipping with an agreement with the Far East Investment and Export Agency (FEIA) on the development of the Northern Sea Route (NSR).

GAC Russia has been appointed by Yamal LNG to manage 400 port calls a year for icebreaking LNG carriers.

The first ice-breaking LNG carrier jointly owned by Mitsui OSK Lines (MOL) and China Cosco Shipping has been named at Daewoo Shipbuilding & Marine Engineering (DSME).

China Cosco Shipping is to take a 50% stake in four LNG carriers ordered by Mitsui OSK Lines (MOL) for the Yamal LNG project in far north Russia.

The first in Sovcomflot's (SCF) series of icebreaking LNG carriers for the Yamal project has transited the Northern Sea Route (NSR) in just 6.5 days.

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