Top 5 news of the week January 24-30

LNG Prime brings you the five most popular news on our platform during the week of January 24-30, 2022.

1) LNG giant Shell has officially removed “Royal Dutch” from its name, as part of plans to ditch the company’s dual share structure and move its headquarters from the Netherlands to Britain.

2) Switzerland-based shipping giant MSC is being linked to the most recent order for six 16,000 TEU LNG-powered container vessels at China’s Dalian Shipbuilding (DSIC), a unit of CSSC.

3) Dutch firm Nordsol has reached a production milestone at its bio-LNG plant in Amsterdam Westpoort following the start of commercial operations last year.

4) London-based small-scale player Avenir LNG has sold the world’s largest LNG bunkering vessel, Avenir Allegiance, to a joint venture consisting of China’s terminal operator Shanghai International Port (SIPG) and Shenergy.

5) South Korean shipbuilder Samsung Heavy Industries said it has developed a carbon capture system applicable to LNG-powered vessels.

Most Popular

Abaxx sees significant volume growth in its LNG futures

Abaxx Commodity Futures Exchange, a wholly owned subsidiary of Abaxx Technologies (CBOE:ABXX) has seen significant volume growth in its physically deliverable LNG futures during the past summer months, according to Abaxx Exchange Chief Commercial Officer Joe Raia.

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

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