PaxOcean, a unit of Singapore’s Kuok and owner of five shipyards, has completed repair work on liquefied natural gas (LNG) carriers owned by Indonesia’s Sillo Maritime and South Korea’s Hyundai LNG Shipping.
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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.
Several brokers reported that Hyundai LNG Shipping sold the 2000-built 137,141-cbm, Hyundai Aquapia, and the 1999-built 137,219-cbm, Hyundai Technopia.
The...