French shipping giant CMA CGM, one of the world’s largest backers of LNG fuel, has signed a letter of intent with China’s Yangzijiang Shipbuilding to build more ultra-large LNG dual-fuel container vessels, according to shipbuilding sources.
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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.
Brazil’s state-owned energy firm Petrobras has signed a long-term deal with US LNG exporter Sempra Infrastructure, a unit of Sempra, to buy LNG from the second phase of the Port Arthur LNG project in Texas.
Yangzijiang Shipbuilding's 175,000-cbm Yangze LNG 01, the first large LNG carrier built by a private Chinese shipbuilder, has completed its maiden voyage.
French energy giant TotalEnergies and compatriot shipping firm CMA CGM have received approval from the European Commission to form a 50/50 logistics joint venture and operate an LNG bunkering supply solution at the Dutch port of Rotterdam.