NYK’s LNG carrier fleet to reach 130 vessels by 2029

Japan’s shipping giant NYK continues to invest in its LNG carrier business as part of its plans to reach 130 vessels by the end of March 2029.

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TotalEnergies to transfer Papua LNG operatorship to ExxonMobil

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.

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.

Gasunie, Vopak plan fifth Gate LNG jetty

Dutch partners Gasunie and Vopak plan to build a fifth liquefied natural gas (LNG) jetty at their Gate terminal in the port of Rotterdam.

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NYK wraps up Avenir LNG stake purchase

Japan's shipping giant NYK has completed the acquisition of a 50 percent stake in UK-based small-scale player Avenir LNG from Norway’s Stolt-Nielsen following regulatory approvals.

EU clears NYK’s stake purchase in Avenir LNG

The European Commission has approved NYK's purchase of a 50 percent stake in UK-based small-scale player Avenir LNG from Norway’s Stolt-Nielsen.

NYK, Chinese duo name LNG carrier

Japan’s NYK and its Chinese partners CNOOC and China Merchants Energy Shipping have named a newbuild 174,000-cbm LNG carrier at the Hudong-Zhonghua yard in Shanghai.

NYK to invest in EIG’s MidOcean

Japan's shipping giant NYK has decided to invest in MidOcean Energy, the LNG unit of US-based energy investor EIG.