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Read all the latest news about LNG vessels. ShippingWatch gives you independent, credible, critical and fair news.

Only few unemployed gas vessels in the Atlantic

Over the course of just a few days, the number of unemployed LNG vessels has come to a minimum. This will make a big impact on two carriers in particular which have multiple ships in the spot market.

Höegh LNG maintained its course in Q3

Carrier Höegh LNG emerged from the third quarter with no significant fluctuations in its books. Long-term contracts keep the fleet occupied, and new ships will gradually strengthen the operating result, says the company.

Golar LNG reshuffles management and expands business

Golar LNG has appointed a new CEO following a complete overhaul and expansion of the gas carrier's LNG business, which includes a new power plant unit. There are many advantages to streamlining, says Norwegian analyst firm Fearnley.

Drewry: No improvements for LNG rates before 2018

Spot rates for LNG remained low in the first quarter of the year, while overcapacity and generally short distances will hold prices down until 2018. New export volumes from US and Australia unable to change the situation, predicts Drewry.

EU strategy recommends LNG import from the US

Liquefied natural gas from the US will help reduce Europe's dependence on Russian gas, says the EU Commission. This is good news to gas carriers in particular, but there are numerous obstacles blocking the path.

WoodMackenzie: Far too many LNG projects underway

A long line of global LNG projects continue unabated in spite of the current oversupply of LNG, says analyst firm WoodMackenzie, adding that a 50 percent reduction in the number of projects is crucial.

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