South Korean shipbuilder Hanwha Ocean expects "substantial" medium- to long-term demand for LNG carrier newbuildings from 2030 onward, driven by a "significant" number of LNG projects, particularly in the US.
German gas and LNG importer Securing Energy for Europe (SEFE) has signed a long-term LNG sale and purchase agreement with Ksi Lisims LNG for volumes from the latter’s planned export project in Canada.
Italian energy firm Edison, a unit of EDF, said it received a new force majeure notification from state-owned LNG giant QatarEnergy, affecting supplies scheduled for delivery at the Adriatic LNG terminal in Italy until the end of December.
Shareholders of South Korean shipbuilders HD Hyundai Heavy Industries and HD Hyundai Mipo have approved the previously announced merger. The combined company, HD Hyundai Heavy Industries, will officially launch on December 1.
South Korean shipbuilder HD Hyundai Mipo has received approval in principle from classification society ABS for its design development of a 30,000-cbm liquefied natural gas (LNG) bunkering and supply vessel.