Top 5 news of the week October 28-November 3

LNG Prime brings you the five most popular news on our platform during the week of October 28-November 3, 2024.

1) MOL’s large fleet of liquefied natural gas (LNG) carriers expanded to 100 vessels as of the end of September this year.

2) A unit of Malaysia’s Genting has awarded two contracts related to its FLNG project in Indonesia.

3) State-owned LNG giant QatarEnergy is expected to sign charter and operation agreements soon for six QC-Max LNG carriers it recently ordered in China, according to shipbuilding sources.

4) China National Offshore Oil Corporation (CNOOC) and a unit of Thailand’s PTT have completed an international LNG trade settled in yuan.

5) South Korean shipbuilding giant Samsung Heavy Industries has secured a new order to build one liquefied natural gas (LNG) carrier.

Most Popular

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

Atlantic LNG shipping rates continue to decrease

Atlantic LNG freight shipping rates continued to decrease this week, while European prices also dropped compared to last week.

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