French shipping giant CMA CGM, one of the world’s largest backers of LNG fuel, has ordered a new batch of LNG dual-fuel container vessels at China’s Jiangnan Shipyard.
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US LNG exporter Venture Global reported revenue of $4.58 billion in the second quarter of this year, a 47.6 percent rise from the year before, while its net income surged 266 percent year-on-year to $1.35 billion.
Glenfarne’s Magnolia LNG has signed a long-term feed gas deal with Texas Eastern Transmission for its planned liquefaction and export plant in Louisiana.
France's CMA CGM and Denmark's Maersk are looking to order ultra-large LNG dual-fuel containerships at yards in China and South Korea, according to shipbuilding sources.
China's Cosco Shipping Energy Transportation, Cosco's shipping arm, has signed a shipbuilding deal with compatriot shipbuilder Jiangnan for four LNG carriers that will serve charter deals with a unit of UK-based LNG giant Shell.