Drewry expects more than 50 percent of current steam liquefied natural gas (LNG) carriers to be demolished by the end of 2030, with some finding conversion opportunities.
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US LNG exporter Cheniere has entered into long-term liquefied natural gas (LNG) sale and purchase agreements with state-owned LNG giant QatarEnergy to supply 4 million tonnes per annum (mtpa) of LNG through 2054.
The Puerto Rico Electric Power Authority (PREPA) and US LNG player New Fortress Energy are in dispute over liquefied natural gas (LNG) deliveries under their long-term LNG supply deal, according to the Financial Oversight and Management Board for Puerto Rico.
US energy firm Glenfarne is seeking an extension from the US Department of Energy to extend the non-FTA export start deadline for its planned 4 mtpa Texas LNG export terminal in the port of Brownsville.
Maritime consultancy Drewry said it remains optimistic about new LNG vessel orders rebounding from 2026, but high deliveries, a weak charter market, high newbuild prices, and uncertainty over future demand in an increasingly regulated era will determine when these orders could materialize.