The north Chinese port of Yantai in Shandong province is planning to build five LNG terminal projects during the period of 2021-2025.

The Panama Canal has set a new monthly record for transits and tonnage of LNG vessels in January as a result of the recent surge in the energy market.

Japanese shipowner Mitsui OSK Lines (MOL) has bid farewell to the first and oldest LNG carrier in its fleet – the 1984-built Senshu Maru.

The 2021 marketplace for LNG trade, followed closely by Poten & Partner’s Houston-based consulting team, was characterised in a webinar this week as “Shaping up to be another wild ride”.

Membrane-type containment systems designer GTT has been slapped with an administrative fine of about EUR9.5m ($11.3m) by the Korea Fair Trade Commission (KFTC) over non-compliant practices in South Korea.

Technology group Wartsila has sealed a deal to provide technical and remote support for eight Teekay Shipping LNG carriers.

Singapore’s Pavilion Energy Trading & Supply has inked a 10-year deal to buy LNG cargoes stamped with greenhouse gas (GHG) emissions measurement from Qatar Petroleum’s subsidiary QP Trading.

Mitsui OSK Lines (MOL) has ordered three ice-breaking LNG carriers from South Korea on the back of charter contracts with Russia’s Pao Novatek Arctic LNG 2 project.

French oil major Total has delivered its first shipment of carbon neutral LNG to China National Offshore Oil Corp (CNOOC).

SMART LNG, a joint venture of Sovcomflot (SCF) and natural gas producer Novatek, have signed a newbuilding contract for a further 10 icebreaking (Arc7) LNG carriers, planned for construction at domestic yard Zvezda Shipbuilding Complex.