Top 5 news of the week January 23-29

LNG Prime brings you the five most popular news on our platform during the week of January 23-29, 2023.

1) Spot charter rates for the global LNG carrier fleet are continuing to drop in both basins as vessel availability remains high, according to Spark Commodities.

2) Freeport LNG, the operator of the three-train 15 mtpa liquefaction plant in Texas, has secured approval from US FERC to start introducing LNG into the piping system at the plant.

3) Germany’s first FSRU-based import facility in Wilhelmshaven has received another liquefied natural gas (LNG) cargo from the US, according to shipping data.

4) Work has started on a new LNG jetty in Stade, Germany, which is expected to welcome the 170,000-cbm FSRU Transgas Force, owned by Dynagas, in winter 2023/2024.

5) Global Meridian Holdings, part of JP Morgan Asset Management, has recently taken delivery of one 174,000-cbm LNG carrier chartered by Shell.

Most Popular

Venture Global seals new deals to support expansion of its power network

US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.

Venture Global gets approval to place first Plaquemines LNG phase in service

Venture Global’s Plaquemines LNG has secured approval from the US FERC to place Phase 1 of its LNG export plant in Louisiana into service.

MISC orders five more LNG carriers in China

Malaysian shipping firm MISC has officially signed a shipbuilding deal with China’s Hudong-Zhonghua for five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers, which will serve a 20-year charter with a unit of MISC’s parent, Petronas.

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