Top 5 news of the week November 4-10

LNG Prime brings you the five most popular news on our platform during the week of November 4-10, 2024.

1) Classification society DNV added 66 LNG-powered ships, mostly container vessels, to its Alternative Fuels Insight platform in October. The strong momentum continues following orders for 111 LNG-powered vessels in July-September.

2) Energy behemoth Aramco is working to build further its LNG positions that give the company access to LNG offtake, according to executive vice president and CFO Ziad Al-Murshed.

3) Glenfarne Group’s Texas LNG has selected Kiewit to lead the engineering, procurement, and construction (EPC) of its planned 4 mtpa LNG export terminal in the port of Brownsville.

4) UAE’s Adnoc has signed a sales and purchase agreement with German gas importer Securing Energy for Europe (SEFE) to supply the latter with liquefied natural gas from its LNG terminal in Al Ruwais.

5) Japan’s shipping giant NYK reported steady earnings for its large fleet of liquefied natural gas (LNG) carriers in the first half of fiscal 2024.

Most Popular

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

Atlantic LNG shipping rates continue to decrease

Atlantic LNG freight shipping rates continued to decrease this week, while European prices also dropped compared to last week.

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