Drewry: more than half of steam LNG carriers to be scrapped by 2030

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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Cheniere inks long-term LNG supply deals with QatarEnergy

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.

NFE in Puerto Rico LNG supply contract dispute

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.

Glenfarne’s Texas LNG seeks DOE extension

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.

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Drewry expects LNG vessel orders to rebound in 2026

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.

Spot LNG rates remain weak

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Atlantic LNG shipping rates dip to $26,750 per day

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LNG charter rates remain low after January surge

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