Höegh LNG has posted a $4.5m loss for the first quarter, despite revenues rising 150% from the same period last year to $51.2m.

Höegh LNG Holdings has signed a firm agreement for a $412m credit facility with a group of seven banks to finance a pair of its FSRUs.

Standard Chartered Bank has sealed a $309m export credit agency (ECA) backed financing deal for a floating storage and regasification unit (FSRU) with PT Hӧegh LNG Lampung.

The LNG carrier market is not facing a shipping glut despite falling spot rates and 100 newbuildings on order, according to consultants Tri-Zen.

Höegh LNG (HLNG) has received commitment from seven banks for $400m secured credit facility.

Polaris Shipping, Korea Midland Power, Hyundai Heavy Industries (HHI) and Siemens Energy Solutions have signed a $940m memorandum of understanding (MoU) to develop a Floating Storage Regasification Unit (FSRU) with an integrated power plant.

Indonesia's state-owned oil and gas company PT Pertamina expects to open bidding for a project to develop a floating storage regasification unit (FSRU) in Cilacap, Central Java, by next year, local reports said.

Mitsui OSK Lines (MOL) has signed a 20-year time-charter on one floating storage regasification unit (FSRU) with a subsidiary of GDF Suez for operation in Uruguay.

Net profit at floating LNG specialists Hoëgh LNG fell to a loss of $7.9m but its FSRU new builds remained on track.

Floating LNG specialist Höegh LNG has received commitment letters from five banks for a $299m limited recourse facility to finance its Lampung floating storage and regasification unit (FSRU) project in Indonesia.