LNG shipping
Greek owner to sell all container ships, spend $3B on LNG tankers
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There have been a number of “big picture” questions about shipping stocks through the years: Should...
https://www.freightwaves.com/news/greek-owner-to-sell-all-container-ships-spend-3b-on-lng-tankers
Capital Product Partners Shifts Focus to LNG Carriers
Capital Product Partners L.P. (NASDAQ: CPLP) has announced its entry into an umbrella agreement with Capital Maritime & Trading Corp. and Capital GP L.L.C. for the acquisition of 11 newbuild…
https://gcaptain.com/capital-product-partners-shifts-focus-to-lng-carriers/
How Middle East war could impact global LNG, LPG shipping
War in the Middle East changes the geopolitical calculus for ocean shipping, compounding existing threats from Russia’s invasion of Ukraine. Two of the top energy cargoes at risk in the Middle East are liquefied petroleum gas (LPG) — propane and butane — and liquefied natural gas (LNG).
What happens next in the Middle East will have major trade consequences for the U.S., the world’s largest exporter of both LNG and LPG.
Oystein Kalleklev is the CEO of LNG shipping company Flex LNG (NYSE: FLNG)...
https://www.freightwaves.com/news/how-middle-east-war-could-impact-global-lng-lpg-shipping
War in Israel: The new geopolitical flashpoint for ocean shipping
Wars and pandemics — geopolitical and global health crises causing widespread suffering and death — have the side effect of hiking profits in certain industries. Wars inflate returns for defense contractors. The pandemic was a bonanza for certain pharmaceutical companies.
Shipowners have profited from both. Container-line owners made fortunes during COVID. Russia’s invasion of Ukraine buoyed rates for tanker companies.
Now there’s a new geopolitical crisis — the Israel-Hamas war in response to...
https://www.freightwaves.com/news/war-in-israel-the-new-geopolitical-flashpoint-for-ocean-shipping
Borderlands: $18B LNG export terminal project moves forward at Texas seaport
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: $18B LNG export terminal project moves forward at Texas seaport; DHL investing $560M to expand supply chains in Mexico, South America; German manufacturer announces 1st facility in Mexico; and CBP seizes nearly $4 million in meth from a California border crossing.
$18B LNG export terminal project moves forward at Texas seaport
Energy producer NextDecade Corp. said on...
LNG Shipping launches inland LNG bunker barge chartered by Shell
LNG Shipping, a joint venture between Victrol and Sogestran, has launched Energy Stockholm, a liquified natural gas (LNG) bunker barge which will be chartered to Shell LNG B.V(Shell).
The post LNG Shipping launches inland LNG bunker barge chartered by Shell appeared first on Offshore Energy.
https://www.offshore-energy.biz/lng-shipping-launches-inland-lng-bunker-barge-chartered-by-shell/
How LNG shipping kept Europe’s wartime energy supply secure
A year ago, an armada of ships came to Europe’s aid, bringing U.S.-produced liquefied natural gas to replace Russian pipeline gas supplies lost in the wake of the war. The outlook for the coming winter was dire despite the surge of American LNG cargoes — then it grew even worse.
A fire and explosion took Texas’ Freeport LNG facility offline last June, removing a major U.S. export source. The price of natural gas in Europe hit $100 per million British thermal units (MMBtu) in late August, the...
https://www.freightwaves.com/news/how-lng-shipping-kept-wartime-europes-energy-supply-secure
Hello, goodbye: Shipping’s latest entries and exits on Wall Street
Shipping stocks are having a good run, generally outperforming the S&P 500, Dow Jones Industrial Average and NASDAQ 100 during the past three years amid the pandemic and Russia-Ukraine war.
For those looking to place more bets on U.S.-listed shipping stocks, the lineup is in flux. There are new listings on the New York Stock Exchange and NASDAQ. There are also continued departures as more public players go private.
Latest listings and exits
CoolCo (NYSE: CLCO) began trading on NYSE on March 20....
https://www.freightwaves.com/news/hello-goodbye-new-shipping-entries-and-exits-on-wall-street
RMK lays keel for LNG Shipping’s 2nd bunker barge chartered by Shell
RMK Marine Shipyard in Tuzla, Turkey, has laid the keel for an 8000 m3 […]
The post RMK lays keel for LNG Shipping’s 2nd bunker barge chartered by Shell appeared first on Offshore Energy.
https://www.offshore-energy.biz/rmk-lays-keel-for-lng-shippings-bunker-barge-chartered-by-shell/