Spot LNG freight rates remain at record lows, European prices climb

Spot LNG freight rates remained at record lows this week due to increased vessel availability, while European prices continued to rise.

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Excelerate confirms Colombian FSRU charter deal, LNG carrier purchase

US FSRU player Excelerate Energy confirmed that it has signed a seven-year charter agreement with a unit of Canadian firm Frontera Energy to deploy its FSRU to a new LNG import terminal under development in Colombia. Excellerate also confirmed that it purchased a TFDE LNG carrier to convert it to an FSRU.

McDermott JV lands Rovuma LNG gig

Houston-based McDermott, through a consortium with Italy’s Saipem, South Korea's Daewoo Engineering & Construction, and China Petroleum Engineering and Construction Corporation, has been awarded a letter of intent including limited engineering and procurement services for the ExxonMobil-led Rovuma LNG project in Mozambique.

Exmar in LNG bunkering move

Belgium’s Exmar has signed a seven-year charter for the 2006-built LNG carrier Simaisma. The vessel will be modified to serve as a floating transshipment unit (FTU) for the LNG bunkering market.
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Atlantic spot LNG rates dip to $51,750 per day

Atlantic spot LNG shipping rates continued to drop this week, decreasing to $51,750 per day, the lowest since the start of the Middle East conflict, according to Spark Commodities.

US weekly LNG exports down to 31 cargoes

US liquefied natural gas (LNG) plants sent 31 cargoes during the week ending August 5, down four cargoes from the week before, according to the Energy Information Administration.

Atlantic spot LNG rates drop below $80,000 per day

Atlantic spot LNG shipping rates continued to drop this week, decreasing below $80,000 per day, according to Spark Commodities.

US weekly LNG exports reach 35 cargoes

US liquefied natural gas (LNG) plants sent 35 cargoes during the week ending July 29, one cargo more than the week before, according to the Energy Information Administration.