Malaysia’s LNG shipper MISC, a unit of Petronas, expects LNG carrier rates to remain soft this year due to a high number of newbuilds coming into the market, but rates are expected to recover post-2026.
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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.
US liquefied natural gas (LNG) plants sent 34 cargoes during the week ending August 19, down two cargoes from the week before, according to the Energy Information Administration.
Malaysian LNG shipping firm MISC has ordered one 18,700-cbm LNG carrier from China's Hudong-Zhonghua, backed by a 10-year charter deal with a unit of its parent Petronas.
A unit of Malaysia’s energy giant Petronas has signed a heads of agreement with Japan’s utility Hokuriku Electric to negotiate the renewal of a long-term liquefied natural gas (LNG) supply agreement.
A unit of Malaysia's energy giant Petronas has entered into a new liquefied natural gas (LNG) sales and purchase deal with Japan's city gas supplier and LNG importer, Shizuoka Gas.