Greek LNG shipping firm GasLog said on Saturday that its 2013-built LNG carrier GasLog Shanghai was in “stable” condition following an incident in the Strait of Hormuz.
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Australian LNG player Santos has signed two separate, non-binding LNG agreements that underscore the company’s growing global LNG portfolio position. Santos entered into a non-binding heads of agreement to buy LNG from the Ksi Lisims LNG project in Canada and the company agreed key commercial terms with South Korea's Posco Steel to supply the latter with LNG.
GasLog Partners, part of Greek LNG carrier owner GasLog, reported a net loss in the fourth quarter of last year due to a non-cash impairment loss related to the value of four of its vessels and a weak market.