The LNG shipping industry has built excessive capacity in anticipation of increased LNG exports, resulting in a current oversupply of ships and plummeting charter rates. Political factors ...

Paris, 6 February 2025 - GTT, COSCO Shipping LNG Investment (Shanghai) Co., LTD. (CSLNG) and COSCO Shipping Heavy Industry Co., LTD. (CHI), have signed a strategic cooperation agreement.

But the shipping industry has wasted no time building new vessels to transport all of the LNG that they anticipate will flow around the western world in the coming months. Trump has been loud and ...

Paris, 6 February 2025 - GTT, COSCO Shipping LNG Investment (Shanghai) Co., LTD. (CSLNG) and COSCO Shipping Heavy Industry Co., LTD. (CHI), have signed a strategic cooperation agreement. This is the ...

The UP World LNG Shipping Index gained 0.40%, while the S&P 500 lost 1%, reflecting stable market conditions and cold weather in Europe. LNG tankers are diverting from Asia to Europe due to lower ...

The Greater Tortue Ahmeyim (GTA) liquefied natural gas project offshore Mauritania and Senegal has achieved first LNG and the first cargo is expected to be lifted during the first quarter ...

GTT, COSCO Shipping LNG Investment Co., LTD. and COSCO Shipping Heavy Industry Co., LTD. sign a strategic cooperation agreement Paris, 6 February 2025 - GTT, COSCO Shipping LNG Investment ...

SINGAPORE/LONDON, Feb 5 (Reuters) - Shipping costs for liquefied natural gas (LNG) cargoes have tumbled to five-year lows as newly built carriers added to the global fleet outpace shipping demand ...

Shipping costs for liquefied natural gas cargoes ... for vessels with two-stroke engines capable of carrying 174K cm of LNG, the most common type in the market, were at $4,250/day on Tuesday ...

GTT, COSCO Shipping LNG Investment (Shanghai) and COSCO Shipping Heavy Industry have signed a strategic cooperation agreement for the construction of LNG carriers. The three parties have agreed to ...