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

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

NextDecade, Bechtel agree $9 billion EPC deals for two Rio Grande LNG trains

US LNG firm NextDecade and compatriot Bechtel have finalized EPC contracts worth $9.09 billion for the construction of the fourth and fifth trains and related infrastructure at the Rio Grande LNG facility in Texas.

Atlantic LNG shipping rates jump to $49,750 per day

Atlantic spot LNG shipping rates rose to $49,750 per day this week, while European prices also jumped compared to the previous week.

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