Portuguese energy firm Galp has won an arbitration case against US LNG exporter Venture Global LNG over LNG sales from the Calcasieu Pass plant in Louisiana.
Malaysian shipping firm MISC will order five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers at China's Hudong-Zhonghua. The vessels will serve a 20-year charter with a unit of MISC's parent, Petronas.
Singapore's Seatrium has secured a floating storage and regasification unit conversion contract with an option for a second contract from
US FSRU player Excelerate Energy.
South Korean shipbuilder HD Hyundai Heavy Industries has won contracts worth approximately $574 million to build one floating storage and regasification unit (FSRU) and one liquefied natural gas (LNG) carrier.
HD Korea Shipbuilding & Offshore Engineering (HD KSOE) said it had developed a domestically produced high-pressure fuel pump for liquefied natural gas (LNG)-powered vessels.
Classification society Lloyd’s Register (LR) has joined forces with South Korea's HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Heavy Industries to develop a new generation of LNG carrier designs using hybrid electric propulsion.
South Korean shipbuilder HD Hyundai Heavy Industries has won a contract worth approximately $501 million to build two liquefied natural gas (LNG) carriers.