Archives for category: LNG

It is well known that China ‘turbo-charged’ seaborne trade growth from the early 2000s onwards, as the country’s imports of raw materials such as iron ore, coal and crude oil grew at breakneck speed. Following a 2018 in which Chinese LNG imports represented 60% (15 million tonnes) of net global growth in seaborne LNG trade, it seems only natural to ask, could recent history repeat itself with LNG?

For the full version of this article, please go to Shipping Intelligence Network.

Powered by ongoing innovation, drilling activity and infrastructure projects, the US energy revolution seems to be continuing apace, with the country likely to become a consistent net crude oil exporter within a few years. But as the recent FID at the 15.6 mtpa Golden Pass LNG plant in Texas suggests, seaborne LNG trade is being significantly affected by the shale boom in the US’s vast interior too…

For the full version of this article, please go to Shipping Intelligence Network.

The last few years have marked a particularly challenging period for the shipbuilding industry, with contracting activity generally remaining limited and many yards facing difficulties. However, focusing on those builders which have been able to take contracts reveals one interesting angle, with the volume of orders per yard heading upwards, driven by both longer term trends and more recent changes.

For the full version of this article, please go to Shipping Intelligence Network.

There is a sense that the LNG sector is now gaining some momentum compared to recent years: LNG carrier market sentiment has picked up with firming ordering and dayrates; several major LNG project FIDs look to be near; and the approach of IMO 2020 has made LNG as a marine fuel highly topical. Against this backdrop, interest in ‘small-scale’ LNG is appreciable too. But just what is small-scale LNG?

For the full version of this article, please go to Shipping Intelligence Network.

Seaborne LNG trade is playing an increasingly significant role in the internationalisation of the natural gas marketplace, a process with many facets including the changing global energy mix, LNG infrastructure projects and technology such as shale gas, FLNG, and FSRU. This week’s Analysis focuses on the key trends, which are covered in more detail in the recently published LNG Trade & Transport 2018.

For the full version of this article, please go to Shipping Intelligence Network.

In the broader context of firm global LNG demand growth, Australian offshore gas mega-projects have been a significant feature of the offshore sector for the last decade, driving innovation (think Prelude FLNG) and yielding rapid production growth. There are also a few projects projected to push output even higher in the short term, though against this backdrop, there are some uncertainties in the longer term.

For the full version of this article, please go to Offshore Intelligence Network.

January 26th is Australia Day, a chance to celebrate all things Australian: vegemite, sporting prowess, BBQs, surfing, unusual (and frequently lethal) wildlife, digeridoos, Uluru, Kylie, Mad Max and so on. But from a shipping and seaborne trade perspective, perhaps the most relevant features of Australia are literally from the land ‘down under’, namely iron ore, coal and natural gas.

For the full version of this article, please go to Shipping Intelligence Network.