Daily on Energy: Energy nominees advance, Trump to press OPEC, and Trump talks FEMA
Energy nominees advance, Trump to press OPEC, and Trump talks FEMA WHAT’S HAPPENING TODAY: Good afternoon and happy Thursday, ...
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SEA-LNG report shows what’s behind LNG’s record setting 2024
As recent reports from DNV and Clarkson both indicated, 2024 was a record setting year for the adoption of LNG as a marine fuel. Now industry coalition SEA-LNG has published its annual “View from the ...
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LNG carrier lay-ups seem inevitable as spot rates for modern tonnage ‘absolutely decimated’
Brokers are quoting levels for 174,000-cbm vessels lifting cargoes out of the US to Europe at $9,000 per day on a round trip ...
The European Union burned all the gas stored last year: LNG tankers turn to the EU
Cold weather, windless weather and the stoppage of Ukrainian transit of Russian gas provoked a jump in gas consumption in the ...
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Hyundai LNG Shipping sets tone with first LNG carrier scrap sale of 2025
Hyundai LNG Shipping has one older LNG carrier, the 125,182-cbm Hyundai Utopia (built 1994). 2025 promises to be a busy year ...
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Europe Snaps Up U.S. LNG as Higher Prices Divert Cargoes From Asia
Several US LNG cargo shipments originally heading to Asia are being diverted to Europe due to higher gas prices and greater ...
LNG tankers change course to Europe as gas storage levels drop
Europe is increasingly reliant on its ability to attract LNG following the loss of Russian gas through Ukraine, as it depletes its gas in storage. The EU’s gas storage was 59 per cent full as of ...