Green Pearl supplying bio-LNG to Cielo Ace (Image: MOL)
Japan’s shipping giant MOL has signed new supply agreements with Titan, part of Molgas, and Axpo to expand the use of bio-LNG fuel for its LNG-fueled car carriers in Europe.
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French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.
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.
Dutch LNG supplier Titan, a part of Molgas, has chartered a recently ordered liquefied natural gas (LNG) bunkering vessel from French shipping group Sogestran.
Switzerland-based Axpo and energy trader Vitol have completed what they say is the first ship-to-ship LNG refueling at the Port of Civitavecchia, Italy’s largest cruise port.