A Liberian-flagged LNG tanker, Trader III, is navigating through the Red Sea, becoming the second vessel this year to take this route amidst escalating tensions with Yemen-based Houthi militants. The ...

A liquefied natural gas carrier has braved the Red Sea for only the second time since last June after the Yemeni Houthis launched an offensive against most vessels perusing the route. Reuters ...

Germany is expanding its natural gas import options to replace Russian supply, a drive intensified by the latest suspension of Russian flows via Ukraine and U.S. President Donald Trump targeting ...

Freight train with petroleum tank cars. Rail cars carry oil, crude and gas, ethanol. Tank car LNG by rail, natural gas. LPG transport propane. Fuel train, rolling stock with petrochemical tank cars.

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However, cargo delivery stopped back in January, when in the middle of the month the LNG tanker Cool Rover of the Greek shipowner delivered liquefied gas to Spain. Veliky Novgorod and Pskov were also ...

An LNG tanker costs about $260 million per vessel. South Korean shipbuilders dominate the global LNG carrier market, having built about 700 of the 750 LNG carriers now in service. South Korea is home ...

Market sources earlier forecast that LNG shipping rates could extend losses into 2025, when new tankers were added at a faster rate than LNG production was rising. Higher delivered prices in ...

The ship’s owner is listed as Crowley LNG Tanker Owner I and its ship manager is Northern Marine Management. Some other key shipping databases have yet to reflect the changes to the vessel.

However, the increased demand has not yet led to a rise in spot rates for LNG tankers. On a related note, Ukraine recently received its first U.S. LNG shipment through Greek ports, while the ...