Venture Global building LNG fleet to sell cargoes directly on spot market

Capt. John

U.S. liquefied natural gas exporter Venture Global LNG, which is involved in multiple legal fights with clients, has announced it is building a large fleet of LNG-powered vessels.

Venture Global’s fleet will include nine vessels. Six will have a cargo capacity of 174,000 cubic meters and three a cargo capacity of 200,000 cubic meters. The tankers are under construction in South Korea and will be delivered starting later this year. All nine ships will be primarily fueled by Venture Global’s...

https://www.freightwaves.com/news/venture-global-building-lng-fleet-to-sell-cargoes-directly-on-spot-market

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