Global Ship Lease (GSL), a London-based containership owner Global Ship Lease (GSL) and Golar LNG, a UK-based owner and operator of marine-based LNG midstream infrastructure, have invested in a…
golar LNG
COLUMN | Mind the gap: Europe’s LNG shortage provides opportunity [Offshore Accounts]
Following Russia’s brutal invasion of Ukraine, Europe is trying desperately to reduce dependence on Russian hydrocarbons. Sending Vladimir Putin billions of dollars for ..
The post COLUMN | Mind the gap: Europe’s LNG shortage provides opportunity [Offshore Accounts] appeared first on Baird Maritime.
CoolCo completes all LNG carrier acquisitions from Golar LNG
The newly formed shipping company CoolCo has now completed all eight acquisitions of LNG carriers from Bermuda-based shipper Golar LNG. The post CoolCo completes all LNG carrier acquisitions from…
https://www.offshore-energy.biz/coolco-completes-all-lng-carrier-acquisitions-from-golar-lng/
CoolCo buys 5th and 6th LNG carrier from Golar LNG
The newly formed shipping firm CoolCo has completed acquisition of fifth and sixth out of eight LNG carriers from Bermuda-based shipper Golar LNG. The post CoolCo buys 5th and 6th LNG carrier from…
https://www.offshore-energy.biz/coolco-buys-5th-and-6th-lng-carrier-from-golar-lng/
Biden-EU energy pact: LNG shipping game changer or wartime hype?
The U.S. government doesn’t control where cargoes of LNG are shipped — that’s decided by private companies. Nonetheless, the Biden administration and the EU announced a high-profile plan Friday to steer more U.S. LNG exports to Europe and partially replace pipeline gas from Russia.
The short-term pledge — to ship at least 15 billion cubic meters (bcm) more U.S. LNG to the EU this year — looks very doable. But that’s just one-tenth of the 155 bcm of natural gas the EU bought from Russia in 2021.
Th...
https://www.freightwaves.com/news/biden-eu-energy-pact-lng-shipping-game-changer-or-wartime-hype
CoolCo wraps up 4th of 8 LNGC acquisitions from Golar LNG
The newly formed company CoolCo has wrapped four of eight LNG carrier acquisitions from Bermuda-based shipper Golar LNG. The post CoolCo wraps up 4th of 8 LNGC acquisitions from Golar LNG appeared…
https://www.offshore-energy.biz/coolco-wraps-up-4th-of-8-lngc-acquisitions-from-golar-lng/
CoolCo buys first of eight LNG tankers from Golar
Cool Company (CoolCo) has purchased the first of the eight modern LNG tankers from Bermuda-based LNG shipper Golar LNG. The post CoolCo buys first of eight LNG tankers from Golar appeared first on…
https://www.offshore-energy.biz/coolco-buys-first-of-eight-lng-tankers-from-golar/
Golar’s LNGC spinoff firm CoolCo scores $570m loan
Bermuda-based LNG shipper Golar updates on its newly-formed company Cool Company (CoolCo) that will acquire its eight TFDE LNG carriers. The post Golar’s LNGC spinoff firm CoolCo scores $570m…
https://www.offshore-energy.biz/golars-lngc-spinoff-firm-coolco-scores-570m-loan/
Golar to separate its 8 TFDE LNG carriers into CoolCo
Bermuda-based LNG shipper Golar has entered into a pre-commitment agreement for the newly-formed firm Cool Company (CoolCo) to acquire its eight TFDE LNG carriers. The post Golar to separate its 8…
https://www.offshore-energy.biz/golar-to-separate-its-8-tfde-lng-carriers-into-coolco/
First containers, then dry bulk, now LNG shipping rates are spiking
“I don’t remember a time when so many extreme events were happening in shipping,” said Stifel analyst Ben Nolan, who has been covering the sector for the past 16 years.
Container shipping led the charge, with rates soaring to stratospheric highs. Dry bulk shipping rates jumped next, to levels not seen in over a decade. Now liquefied natural gas shipping has joined the party. LNG rates “surged 40% in one day — Friday — on already high levels,” Nolan wrote in his weekly report.
Clarksons Platou...
https://www.freightwaves.com/news/first-containers-then-dry-bulk-now-lng-shipping-rates-are-spiking