Natural gas prices rose sharply this week as escalating tensions in the Middle East disrupted LNG markets and increased volatility across global gas benchmarks. The move in natural gas prices was driven by supply concerns affecting Asia, Europe and the United States. Asia – JKM The Northeast Asian assessed spot Read more
Northeast Asia’s LNG market faces a major supply shock following the closure of the Strait of Hormuz, with regional demand expected to fall by 4 – 5 million t through 3Q26 if supply disruptions last for two months, according to new analysis from Wood Mackenzie.
V.Group has announced a strategic partnership with Mitsui O.S.K. Lines, Ltd (MOL) under which V.Ships will assume full technical management of two of MOL’s state-of-the-art newbuild LNG carriers.
Glenfarne’s Texas LNG Brownsville LLC and Kiewit Energy Group Inc. have announced the execution of an EPC agreement under a lump-sum turnkey contract structure.
LNG shipping rate dynamics are under intense pressure as geopolitical risks around the Strait of Hormuz drive a sudden surge in LNG charter costs. The shipping paradox: while the closure of Strait of Hormuz could reduce global LNG shipments by nearly 20%, spot LNG charter rates surged by 600% since Read more
OLT Offshore LNG Toscana received its first small scale LNG cargo at the FSRU Toscana terminal, marking the operational launch of commercial activities for this new service.
At StocExpo 2026, Jason Rajah, Partner, and Jonathan Martland, Oil and Chemicals Partner, both at Energex Partners, took to the FETSA stage to discuss the opportunities and challenges in the tank storage industry in the current global context.
TT-Line and Everllence PrimeServ Germany have worked together to operate Ro-Ro passenger vessels on bio-LNG during 2025.
Sidara have announced the completion of its acquisition of John Wood Group plc, a global leader in consulting, engineering, and operations for energy and materials.
TSUNEISHI YURA DOCKYARD Co., Ltd has completed the prescribed technical training provided by GTT concerning the repair and maintenance of membrane-type LNG carriers and consequently obtained the approved repair yard license.