LNG News Updates

GovernmentBusinessFuel

Natural Gas Holds Gains After Biggest Jump in Eight Years

Natural gas took a breather after its biggest gain in eight years as forecasts for lingering U.S. cold spurred concern supplies may not be enough to meet winter demand.

November 15, 2018
BusinessTechnology

Crowley Maritime Christens LNG-Powered Cargo Ship

Fair winds and following seas greeted El Coqui — hailed as the future of modern maritime trade with its cleaner-burning liquefied natural gas engines and cutting-edge technology — as she sailed Oct. 20 from Jacksonville with cargo bound for Puerto Rico.

October 22, 2018
BusinessFuelTCA

Shipping Costs for Liquefied Natural Gas Expected to Rise

Liquefied natural gas shipping costs will increase, driven by rising charter rates, higher fuel costs and the growth in interbasin trade flows, according to estimations by Fitch Solutions Macro Research.

October 2, 2018
BusinessFuelLogistics

Melting Arctic Ice Opens New Energy Trade Route

A new trade route for energy supplies is opening up north of the Arctic Circle as some of the warmest temperatures on record shrink ice caps that used to lock ships out of the area.

August 28, 2018
GovernmentBusinessFuel

Trump Trade Spat Threatens US LNG Exporters

PetroChina, a unit of the state-owned China National Petroleum Corp., may suspend its buying of U.S. liquefied natural gas cargoes during the colder months, just as new American LNG terminals start up.

August 14, 2018
BusinessTechnologyFuelLogistics

How Elon Musk and Cheap Oil Doomed the Push for Natural Gas Vehicles

The idea was nothing short of revolutionary: Convert the nation’s millions of trucks, buses and other commercial vehicles to run on natural gas instead of gasoline and diesel.

August 15, 2017
BusinessFuel

Italian Truck Maker Debuts Natural Gas-Powered Concept Truck

Italian truck maker Iveco debuted its alternative fuel-powered concept truck that the company said anticipates the shift to autonomous driving and renewable energy.

September 26, 2016
BusinessFuel

Why Shippers Are Turning to LNG-Powered Vessels

When Tote Inc., a shipper that operates between the United States and the Caribbean, launched its latest containership last month, the 760-foot craft carried a certain distinction: It’s only the second of the massive vessels worldwide fueled by liquefied natural gas.

September 25, 2015
BusinessFuel

Second LNG-Powered Containership Is Launched

Ocean carrier Tote and ship builder Nassco announced they have launched a second alternative fuel-powered vessel as efforts advance to put the first two liquefied natural gas containerships into service.

September 8, 2015
GovernmentBusinessFuel

Senate Bill Would Provide Tax Equity For LNG

Republican and Democratic senators have reintroduced their bill to create tax equity for carriers that use liquefied natural gas.

February 4, 2015