South Korean shipyard are bracing for a jump in liquefied natural gas (LNG) shipbuilding contracts from Qatar.
Floating liquefied natural gas industry is expected to continue its growth in the future, however, it will be at a slower steadier pace of growth is likely as FLNG competes for capital and buyers in a busy LNG market.
The Hague-based LNG giant Shell reported a 36 percent jump in profit during 2018 on the back of higher realized oil, gas and LNG prices.
Finnish shipping company Containerships, part of French CMA CGM group, said its first LNG-fueled container vessel Containerships Nord completed its first LNG bunkering at the Port of Rotterdam.
Singapore-based Saga LNG Shipping has received an approval in principle from China Classification Society (CCS) for two liquefied natural gas carrier designs.
LNG World News Staff