LNG carrier orders

GAIL, Mitsui Sign Agreement For New LNG Carrier

Credits: Alexandr Popadin/ Unsplash
  • The parties had signed a contract for the first vessel in 2019, the country’s largest gas utility said in a statement.
  • By strengthening MOL and GAIL’s partnership, there will be synergies that will make MOL provide more reliable services.
  • GAIL has emerged as one of the leading global LNG players and is actively involved in the LNG trading business in the international market.

State-run GAIL on Wednesday said that it has inked a time charter contract for a new...

https://mfame.guru/gail-mitsui-sign-agreement-for-new-lng-carrier/

Energy-Starved EU, Paves Way For Demand Surge

  • Chinese shipbuilders are working towards supplying natural gas to Europe as it is working towards storing it.
  • Europe is the third largest consumer of LNG and heavily relies on the imports that arrive via LNG carriers and pipelines.
  • The new LNG vessels will include advanced technology, equipment and standards.

China’s shipbuilders, accounting for about a 50-percent global market share, are working around the clock to provide much-needed liquefied natural gas (LNG) carriers, driven by booming...

https://mfame.guru/energy-starved-eu-paves-way-for-demand-surge/