Japan's Nuclear Crisis to Shrink LNG Spot Market

Monday, March 21, 2011

A report from Platts said that the nuclear crisis in Japan could slow the development of spot LNG trading as buyers fearing increased competition for gas look to lock-in supplies through long-term deals, according to analysts. But the potential for increased future LNG demand could help speed up project sanctions for new liquefaction developments around the world, they said.

 
(Source: Platts)
Email AddThis Feed Button
Maritime Reporter May 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

LNG

U.S. DofE Likely to Grant More LNG Export Permits

The Department of Energy is likely to approve additional permits this year to companies looking to export liquefied natural gas more broadly, reports Market Watch, citing Morgan Stanley.

Lloyd’s Approves Hyundai LNG Carrier Training Facility

Hyundai Merchant Marine subsidiary has been granted Approved Training Provider status for their facilities and LNG carrier training courses to SIGTTO Training Standards.

FMC Opts For Rina LNG TQ

FMC Technologies entrusted Rina Group’s company, RINA Services, with the Technology Qualification of its new technology loading arms designed for installation on

News

Maersk Transpacific 7 Service Arrives to Miami

Maersk Line, the global containerized division of the A.P. Moller – Maersk Group, added PortMiami to its Transpacific 7 (TP7) Service.   The first call for the

ICS Presents Shipping Economic Challenges to World Ministers

At the OECD International Transport Forum in Leipzig, Germany, the annual gathering of the world's transport ministers from more than 50 countries (May 22-24),

U.S. Steel Imports Up from March, Down for 2013

The U.S. Census Bureau announced that preliminary April steel imports were $2.5 billion (2.4 million metric tons) compared to the preliminary March totals of $2.

 
 
mobi | rss feeds | archive | history | articles | privacy | contributors | top news | about us | copyright