South Korean shipbuilder Hanwha Ocean and Taiwan’s shipping firm Evergreen Marine have signed a shipbuilding deal worth about $1.6 billion for six ultra-large LNG dual-fuel containerships.
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US LNG exporter Cheniere has completed the Corpus Christi Liquefaction Stage 3 expansion project in Texas. In addition, Cheniere has also exported its 5,000th LNG cargo since 2016.
South Korean shipbuilder Hanwha Ocean said on Monday that mid- to long-term demand for LNG carrier newbuildings is driven by higher ton-mile demand from stronger energy security policies and LNG supply diversification toward the US and other exporters amid Middle East disruptions.
South Korea's Hanwha Ocean has entered into a non-binding memorandum of understanding with Canada's Kanata Clean Power & Climate Technologies to cooperate on a 12 mtpa floating liquefied natural gas export project planned for Prince Rupert, British Columbia. The project is expected to cost $15.7 billion.
UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, is expected to order more liquefied natural gas (LNG) carriers in China and South Korea soon, according to shipbuilding sources.