Pavilion Energy to open doors in Europe with Madrid office

Pavilion Energy group chief executive Frederic Barnaud has said his company’s efforts are focused on bringing Iberdrola’s portfolio into its operation, as it eyes making inroads in Europe. Pavilion paid €115m ($127.4m) for the LNG assets of Spanish energy company Source: http://www.tradewindsnews.com

December 12, 2019
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World first liquefied hydrogen carrier launched in Japan

<a href= “https://www.youtube.com/watch?v=WGPkSuIH7uA” >watch on YouTube</a> Japanese shipbuilder Kawasaki Heavy Industries has launched and named the world’s first liquefied hydrogen carrier. The Suiso Frontier was named at the yard Source: http://www.tradewindsnews.com

December 11, 2019
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Methane emissions permeate through to LNG growth story

Cheniere Energy, which is building its second liquefaction facility Corpus Christi LNG (above), is one of several co-founders of research consortium The Collaboratory to Advance Methane Science (CAMS) which studies how to detect, measure and quantify methane emission with the aim of seeking opportunities to reduce them Photo: Bloomberg News/Eddie Seal Source: http://www.tradewindsnews.com

December 10, 2019
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Gunvor fixes Fredriksen LNG newbuilding for up to 10 years

Flex LNG has fixed one of its newbuildings to Gunvor for up to 10 years, which marks the first long-term charter for the John Fredriksen-controlled shipowner. The charter with Clearlake Shipping, the shipping arm of the commodity giant, includes a firm five-year period for the 173,400-cbm LNG carrier. Financial terms were not disclosed, but New York and Oslo-listed Flex LNG said the time charter will have “elements of variable rate…

November 25, 2019
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Drewry: China continues to diversify away from US LPG

China continues to diversify away from US LPG in the face of continued trade tensions between the two nations, said Drewry. Instead, the country is said to be increasingly looking to the Middle East to meet its growing demand, which has forced other Asian nations to source LPG from other sources. The consequences will be an increase in tonne miles as countries such as Japan, South Korea and India look…

November 22, 2019
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DIF and Geogas buy into five LNG newbuildings for French charters

Swiss LPG carrier owner Geogas Maritime is teaming up with two funds to buy into LNG newbuildings. European infrastructure fund DIF Capital Partners said it and Access Capital Partners were working together with Geogas to acquire a 50% stake in a French company that will own and operate a fleet of five gas carriers. The remaining 50% will be held by NYK, who originally ordered the vessels. The 174,000-cbm units…

November 21, 2019
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