Finnish technology group Wärtsilä’s Compact Reliq reliquefaction plant will be installed on three new LNG carriers built for Norway-based Knutsen OAS Shipping.
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South Korean shipyard Hyundai Heavy Industries (HHI) has ordered tank design for three new LNG carriers from French containment specialist GTT.
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The U.S. energy company AES Corporation will acquire a 49.9 per cent stake in AES Colón LNG plant, increasing its ownership to 100 per cent.
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Asian spot LNG prices rose to their highest recorded seasonal level due to European customers competing for limited supply, Reuters reported last week.
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Dalian Shipbuilding (DSCI), a subsidiary of China State Shipbuilding Corporation, said the world’s first LNG-fueled very large crude carrier (VLCC) has completed its sea trials in Chinese waters.
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