Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.
Atlantic spot LNG shipping rates rose for the first time in seven weeks, rising $3,750 week-on-week to $15,500 per day, according to Spark Commodities.
Essar Group’s GreenLine strengthened its partnership with India's steel maker Tata Steel with the launch of LNG-powered trucks at the latter's Meramandali facility in Odisha.
India’s Blue Energy Motors has secured fresh funding and will invest further in the production of LNG-powered trucks to boost the decarbonization of the heavy-duty sector in India.