S&P Global Platts has launched of a new Liquefied Natural Gas (LNG) price assessment for the Middle East reflecting a change to become an importing as well as exporting region.
Indonesian shipping company Humpuss Intermoda Transportasi has set aside $130m for capital expenditure next year to buy eight new vessels, local media reported.
Daewoo Shipbuilding & Marine Engineering (DSME) and Kongsberg Maritime have signed a joint development agreement to develop a new LNG FSRU regasification control system.
BW Group has inked a 15-year deal with Pakistan GasPort Limited (PGPL) to provide LNG regasification services using a newbuild FSRU for the second Pakistan LNG terminal.
Malaysia's Coastal Contracts is expanding into Indonesia and tapping into the growing LNG supply chain there with the purchase of a 49% stake in PT Jaya Samudra Karunia for $6.5m, local reports said.
Master Limited Partnerships (MLPs) continue to be a hot topic in ship finance circles, and the case of one’s in the LNG shipping related sector are unfairly tarnished by the broader energy markets.