Gas

Ørsted offloads LNG business to Glencore

December 19th, 20190 Danish energy firm Ørsted has signed an agreement to divest its liquefied natural gas business to commodity trading giant Glencore. Ørsted’s LNG business...

Tristar adds first LNG carrier to fleet

December 19th, 20190 UAE-headquartered  Tristar Group has announced that it has taken delivery of the 2008-built 155,000 cu m LNG carrier , formerly known as British Ruby, to its...

Avance Gas orders VLGC pair at DSME

December 17th, 20190 Norwegian pure-play VLGC owner Avance Gas Holding has ordered two 91,000 cu m LPG dual-fuel VLGCs at South Korea's DSME. The vessels have the latest dual-fuel...

Martin Ackermann quits BW LPG

December 9th, 20190 Martin Ackermann is parting company with BW LPG after five years in charge at the world’s largest VLGC player. The Danish citizen will step down as CEO at the end...

Bahri readies LNG tanker entry

December 9th, 20190 Reuters is reporting that Bahri, the shipping subsidiary of Saudi Aramco, is about to enter the LNG trades, issuing an expression of interest (EOI) to charter up to 12...

Petredec adds to Jiangnan ethylene series

December 6th, 20190 Petredec Holdings has exercised its option for the construction of two more 22,000 cu m ethylene carriers at China’s Jiangnan Shipyard, bringing its total order to...

US set to be energy independent within months

November 27th, 20190 The US is only months away from full energy independence, a new study from Oslo-based Rystad Energy states. By 2030, total primary energy production will outpace primary...

NYK and Pertamina sign LNG shipping deal

November 26th, 20190 Japan’s Nippon Yusen Kaisha (NYK) is set to get a great deal more gas business out of Indonesia, having signed a shipping deal with the country’s state-owned energy...
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