Lng Tankers News

Three more liquefied natural gas tankers have exited the Strait of Hormuz with their transponders off and are bound for destinations in Asia, although the exact timing of their transit is unclear, ship-tracking data from LSEG and Kpler showed.This comes as the United States and Iran traded air attacks for a second straight day on Thursday, with U.S. President Donald Trump vowing further strikes unless Tehran agrees to a peace deal and Washington saying it fired on a vessel carrying…

The U.S. military carried out a "precision" strike on a vessel in the Gulf of Oman that failed to follow its instructions and was carrying oil from Iran, it said, while India said three Indian seafarers were missing after the attack on the tanker.The U.S. began a blockade of Iran-related shipping on April 13 after Iran severely curtailed shipping through the Strait of Hormuz, a major global oil and gas route.The U.S. military's Central Command (Centcom) said a U.S. aircraft "fired…

Two tankers carrying oil products exited the Strait of Hormuz over the past week, while a liquefied natural gas carrier loaded cargo in the United Arab Emirates, shipping data showed - rare movements as traffic through the chokepoint remains limited.Several tankers have managed to leave the Gulf in the past month, but oil and LNG flows are still severely constrained by the U.S.-Israeli war on Iran, which began on February 28. About a fifth of global oil and LNG supply normally passes through the Strait of Hormuz.Aframax tanker Cy Victorious…

Two supertankers and one liquefied natural gas (LNG) tanker exited the Strait of Hormuz earlier this week with their transponders switched off, and are heading for India and China, shipping data from LSEG and Kpler showed.The vessels joined a number of tankers leaving the Gulf this month, although oil and LNG traffic overall has still been limited.The Very Large Crude Carrier (VLCC) Eagle Veracruz, carrying 2 million barrels of crude loaded from Saudi Arabia in late February, is heading to Quanzhou port in the southeastern Chinese province of Fujian.

The MISC Group revenue of RM2,891.4 million ($729 million) was 2.7% higher than the revenue for the period ended March 31, 2025.The increase was mainly due to higher revenue from the company’s Petroleum and Product Shipping segment, primarily driven by higher freight rates and earning days, and higher revenue from Marine and Heavy Engineering segment, primarily from the ongoing projects advancing into higher construction phases partially offset by lower revenue from post sail-away projects.The increase in Group’s revenue was…

French engineering firm GTT has received an order from Samsung Heavy Industries for the tank design of two liquefied natural gas (LNG) carriers.The vessels, being built for shipowner Celsius Tankers, will each have a capacity of 180,000 cubic metres.GTT will supply its Mark III Flex membrane containment system for the cryogenic tanks.The order was booked in the first quarter of 2026, with delivery of the vessels expected between the second and third quarters of 2028.

Two vessels loaded with liquefied natural gas (LNG) from Ras Laffan, Qatar, turned back after they moved eastward towards the Strait of Hormuz, ship-tracking data showed on Monday.Had the vessels successfully crossed the strait, it would have been the first transit of LNG cargoes through the waterway since the U.S.-Israel war with Iran began on February 28.Data from analytics firms Kpler and LSEG showed the vessels, Al Daayen and Rasheeda, loaded their cargoes in late February.

Qatar is offering at least two liquefied natural gas tankers that it controls for lease, as the country’s massive export facility in the Gulf remains shut due to the ongoing war in the Middle East, Bloomberg News reported on Friday.The Al Thumama and Mesaieed, both of which are under long-term charter by state-owned QatarEnergy, are being offered to the market, the report said citing traders with knowledge of the matter.Reuters could not immediately verify the report.(Reuters - Reporting by Devika Nair in Bengaluru; Editing by Jacqueline Wong)

A sanctioned liquefied natural gas (LNG) tanker made a ship-to-ship (STS) transfer off the coast of Malaysia after picking up a cargo from a Russian export terminal also under Western restrictions, according to two analytics firms.The operation appears to be the first known STS transfer of sanctioned Russian LNG, despite Western efforts to curb Moscow's energy revenues over its war in Ukraine.The LNG tanker Perle, which was sanctioned by the United States in January, had been…

The first Russian-built ice-class tanker for liquefied natural gas is expected to go into operation in the second half of this year at the Arctic LNG 2 plant, Interfax news agency quoted tanker group Sovcomflot as saying on Wednesday.International sanctions over Ukraine have led to a shortage of tankers in Russia that can cut through thick ice, preventing Arctic LNG 2 from exporting cargo since the first stage of the plant started operation at the end of 2023.The tanker, named Alexey Kosygin after a Soviet statesman…

The Switch, a power electronics provider for the marine industry, has won a contract to deliver the single drives for shaft generators that will be installed on four tankers under construction at Xiamen Shipbuilding Industry in Fujian Province.The 113,600-dwt LNG dual-fuel Aframax vessels, designed by the Shanghai Ship Research and Design Institute (SDARI), are being built for UK-based shipowner Union Maritime and are slated for delivery in the first half of 2027. Swiss-based…

TMC Compressors (TMC) has secured orders for complete marine compressed air systems for 12 liquefied natural gas (LNG) vessel newbuilds and one floating production storage and offloading (FPSO) unit.As part of the first order, Hanwha Ocean picked TMC to deliver the marine compressed air system to 12 LNG vessels the South Korean shipbuilder is constructing for an undisclosed LNG shipping major.Under the contract, TMC will supply a complete system consisting of control and service air compressors, to each of the 12 vessels.

Russia's liquefied natural gas plant Yamal LNG, led by Novatek, has intensified LNG ship-to-ship transfers in the Murmansk region using four gas tankers at the same time, ship-tracking LSEG data showed on Monday.Novatek resorted to using four tankers after restrictions on the transshipment of Russian LNG at European ports for sale in third countries came into force last week.According to LSEG data, Lena River and Clean Vision are near the island of Kildin in the Barents Sea, where…

GTT, COSCO Shipping LNG Investment (Shanghai) and COSCO Shipping Heavy Industry have signed a strategic cooperation agreement for the construction of LNG carriers.The three parties have agreed to carry out an in-depth partnership in the fields of LNG carriers, ultra large ethane carriers (ULECs), very large ethane carriers (VLECs), floating liquefied natural gas (FLNGs), as well as LNG and ammonia as fuel solutions for very large crude carriers (VLCCs).The agreement aims to foster…

GTT has signed technical services contract with Maran Tankers, the oil tanker shipping arm of the Angelicoussis Group, for their upcoming eight LNG dual-fuel Suezmax vessels.The vessels have been ordered in 2023 at New Times Shipyard in China.Although the future Suezmax vessels will not be equipped with GTT systems, Maran Tankers has chosen to collaborate with GTT due to its experience for ensuring performance and safety of LNG dual-fuel vessels.The contract involves GTT providing…

Russia plans to arrange ship-to-ship transfers of liquefied natural gas and gas condensate in the Barents and Bering Seas to free up more ice-class tankers for its biggest LNG producer, Novatek, a draft project document showed on Tuesday.Novatek has been pressing ahead with its new Arctic LNG 2 project despite Western sanctions restricting access to the tankers it needs to carry LNG along the Northern Sea Route to Asian markets.

A new analysis from Windward reports a 20% decrease in the volume of direct oil voyages out of Russia in Q3 2024 compared to Q2.Q3 2024 marked the lowest monthly average of direct voyages from Russia to China since March 2023. When compared to Q2 2024 averages, there is a decrease of 12% in such voyages.This is the first total volume decrease since the beginning of the war between Russia and Ukraine and is likely related to the slight decrease in port calls in Russia this quarter.However…

French engineering company GTT has secured an order from Hudong-Zhonghua Shipbuilding for the tank design of 10 new very large liquefied natural gas (LNG) carriers.GTT will design the tanks for these ten very large LNG carriers, which will each offer five tanks with a total capacity of 271,000 m3.The value of the contract was not disclosed.The tanks will be fitted with the NO96 Super+ membrane containment system developed by GTT.Delivery is scheduled between the first quarter of 2030 and the fourth quarter of 2031.

The European Union will add 27 vessels, including oil and liquefied natural gas tankers, to its list of entities under sanctions as part of its latest measures against Russia, two sources familiar with the matter said on Monday.EU countries adopted the 14th package of sanctions against Russia earlier on Monday. These included a ban on trans-shipments of Russian LNG off EU ports that will take effect after 9-month transition period. The full details will be published later in the EU's Official Journal.The latest list…

French engineering company GTT has received an order from a Chinese shipyard for the tank design of eight new very large liquefied natural gas (LNG) carriers.GTT will design the tanks for the eight LNG carriers, which will each offer five tanks with a total capacity of 271,000 m3.The tanks will be fitted with the NO96 Super+ membrane containment system developed by GTT.Delivery is scheduled between the second quarter of 2028 and the fourth quarter of 2029.No further details have been disclosed by the company at the time of the announcement.

Denmark-based marine pump specialist Svanehøj has taken over California-based Complete Cryogenic Services, a specialist in service and overhaul of submerged pumps on LNG tankers."The number of LNG tankers globally has grown by around 40% in the last five years, and 2022 was a record year with more than 200 new contracts signed. With this, an attractive service and aftersales market emerges, in which Svanehøj is determined to gain market share," the company said,Therefore, Svanehøj decided to acquire Complete Cryogenic Services (CCS) in Tustin…

Cool Company Ltd. (CoolCo) has agreed to sell the Golar Seal vessel for $184.3 million. The transaction is expected to close on the redelivery of the vessel from its current charter in late March.The unnamed buyer will assume all costs associated with the vessel’s forthcoming dry-dock, increasing the effective economic value to CoolCo to approximately $190 million.Richard Tyrrell, CEO, said: "Through the sale of the Golar Seal, the earliest vessel in our fleet to be built, we are demonstrating our disciplined approach to locking in shareholder value. "The valuation highlights the re-pricing of the LNG carrier market and the strategic value of such LNG infrastructure assets.

QatarEnergy has signed a 27-year deal to supply China's Sinopec with liquefied natural gas (LNG), the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals. Following Russia's invasion of Ukraine in February, competition for LNG has become intense, with Europe in particular needing vast amounts to help replace Russian pipeline gas that used to make up almost 40% of the continent's imports."Today is an important milestone for the first sales and purchase agreement (SPA) for North Field East project…