Greece’s northeastern Aegean Sea port of Alexandroupoli is being seen as of strategic importance for development into an LNG hub for central and eastern Europe.

As Europe scrambles to replace Russian pipeline gas with LNG imports by ship a lack of receiving terminal infrastructure is set to boost demand for Floating Storage and Regasification Units (FSRUs).

Wison Offshore and Marine have signed of MoU with MAN Energy Solutions for power solutions development.

Demand for floating storage and regasification units (FSRU) is buoyant as the global LNG sector bounces back from last year’s temporary blip.

Floating storage and regasification unit (FSRU) BW Magna has arrived at a new terminal in the Brazilian Port Acu to start its contract serving Gas Natural Acu (GNA) ’s LNG-to-power project.

The niche market of floating LNG (FLNG) has a “huge future”, however financing is a challenge, according to Gary Smith of Poten & Partners.

Japanese shipowner Mitsui OSK Lines (MOL) celebrated 25 years of its start-up of business operations in Indonesia with a reception in Jakarta last week.