Welcome back to this week’s edition of LNG4U! We’ll start with a quick knowledge boost to keep your LNG game sharp 🎓, take a look at where prices are headed 💰, and then dive into the biggest moves and updates in the LNG shipping world from the past week 📅.

🎓 LNGKnowledge

The LNG membrane ship cargo tank cannot be partially loaded , it's either fully loaded or empty. Why ❓

The partial loading can cause damage to the cargo containment 🚨 especially the primary barrier due to the Sloshing effect. What does it mean ❓

Sloshing is the term used to describe the violent resonant motion of the free surface of a liquid cargo inside a moving tank, e.g. standing waves in partially filled cargo tanks on board an LNG carrier. 

The moving liquid will exert forces on bodies inside the tank and on the tank walls 🛑. These forces are normally referred to as sloshing loads, and need to be considered in the design of the cargo containment system, pump tower and pump tower supports, as well as the inner hull structure that supports the cargo containment system 🚧.

How to avoid Sloshing effect ❓ I’ll cover it next week.

Source : DNV

💰 LNGPrices

Freight rates / 174,000 m3 / 2 Stroke

Atlantic - (Spark30S)

$ 39,000 / day

Pacific - (Spark25S)

$ 22,500 / day

Natural Gas

Asia (JKM) - Jun 25

$ 11.93 / mmBtu

Europe (NWM) - Jun 25

$ 10.76 / mmBtu

Bunkers

$/MT

LNG

VLSFO

MGO

Singapore

745.5

511.0

590.5

Rotterdam

709.8

451.0

597.0

🏭 LNGTerminals

Technomak has signed an engineering, procurement, construction, commissioning, and integration (EPCCI) agreement 🤝 with Dixstone for a liquefied natural gas (LNG) project set to feature a floating LNG (FLNG) barge Perenco is developing offshore Gabon 📌.

The Cap Lopez FLNG facility is envisaged to have an annual production capacity of 700,000 tons of LNG and 25,000 tons of liquefied petroleum gas (LPG) 💧, with a storage capacity of 137,000 cubic meters in a former gas tanker converted to a floating storage and offloading (FSO) unit.

The project is expected to expand on the existing Cap Lopez oil export terminal once it comes online, which is scheduled for 2026 🎊.

(C) Copyright Offshore Energy 2025

Source: Dixstone

U.S. energy groups are asking President Donald Trump's administration to exempt liquefied natural gas tankers from a new rule that will require producers to move an increasing percentage of their exports on U.S.-built vessels as part of a broader push to revive domestic shipbuilding 🛳.

In a move that shocked the industry, the U.S. Trade Representative (USTR) announced April 17 that LNG producers  💧would have to transport 1% of their exports on U.S.-built ships starting in April 2029. That percentage would escalate to 15% in April 2047 and beyond 🚀.

That could put the U.S. LNG industry at a disadvantage 🚨 to its peers around the world because there aren't enough U.S.-built ships to meet the requirement ❗

(C) Copyright Reuters 2025

Source: Reuters

The TotalEnergies-chartered, 174,000-cbm 👉 Maran Gas Kimolos (built 2024) bought in the volumes for the 125,000-cbm KARMOL LNGT Powership Africa (ex-Dwiputra, built 1994), which has been off the capital, Dakar, since June 2021 📅.

The unit will serve a powership off Senegal as the country moves to switch power generation from oil to gas 🔥.

(C) Copyright Tradewinds 2025

Source: Tradewinds

🚢 LNGShips

A second Russian sanctioned LNG carrier has arrived at an East China shipyard after more than nine 9️⃣ months at sea. 

Sputnik Energy (formerly Pioneer) joins East Energy (formerly Asya Energy) at the Zhoushan-based facility 🏗. 

Another Russian LNG carrier, Christophe de Margerie, spent several months at the Zhoushan yard during summer and fall of 2024 to undergo repair of its hull, azimuthing propulsion units, and N2 (nitrogen) system.

(C) Copyright GCaptain 2025

Source: Huafeng and Sentinel 2

🏗 LNGShipbuilding

Capital Clean Energy Carriers is being named as the shipowner which has fixed 🤝 two 2027-delivering LNG carrier newbuildings to energy major TotalEnergies on multi-year deals.

Capital Clean Energy has fixed the two vessels at rates in the region of $86,000 to $87,000 per day for periods of up to seven years.

Greek owner Capital has 10 LNG carriers on order in South Korea 🏗, six of which are for its US-listed Capital Clean Energy company.

(C) Copyright Tradewinds 2025

Source: Capital Clean Energy

Samsung Heavy Industries has received approvals in principle (AiP) for a standardized model of a multi-purpose LNG floater-offshore (MLF-O) from three classification societies 🎯: Norway’s DNV, the UK’s Lloyd’s Register (LR), and the United States’ American Bureau of Shipping (ABS).

Since LNG stored in liquid form is subject to sloshing 🚨, a phenomenon causing it to bounce around in the tank, the MLF-O is designed to minimize internal shock from sloshing by configuring the cargo hold in two rows 🎯.

MLF-O is the second standard FLNG model developed by the company, following the multi-purpose LNG floater-nearshore (MLF-N) in 2023. While the latter was designed for coastal areas with an average wave height of two 2️⃣ meters or less, MLF-O is optimized for LNG production in deepwater areas with a wave height of nine 9️⃣ meters or more.

(C) Copyright Offshore Energy 2025

Source: Lloyd’s Register

Wartsila has commercialised its onboard carbon capture solution 💭 following an inaugural installation on Solvang’s 21,200-cbm gas carrier Clipper Eris (built 2019).

The new ‘Wärtsilä Carbon capture solution’ is proven to reduce 📉 vessel CO2 emissions by up to 70 percent, providing ship owners with an immediate solution to meet increasingly stringent environmental regulations.

(C) Copyright Tradewinds 2025

Source: Wartsila

🤝 LNGContracts

Höegh Evi signed a 10-year charter agreement 🤝 for the deployment of a new FSRU to Egypt in support of the country's long-term role as an energy hub in the Middle East 💡

The FSRU will be deployed to Egypt in late 2026 and will supply up to 1,000 mmscf/day of peak LNG regasification capacity 💭, making it a key part of Egypt’s diversified and flexible energy infrastructure over the next decade.

(C) Copyright Hoëgh Evi 2025

Source: Hoëgh Evi

💧 LNGBunkering

Bunker provider Monjasa is to press pause 🚫 on its new LNG bunker operations in the Middle East just months after starting up ❗.

The company’s chartered-in LNG bunker vessel, the 5,000-cbm Green Zeebrugge (built 2017), which was initially taken for one year from January with an option on a second year, is being offered for charter 📊.

(C) Copyright Tradewinds 2025

Source: Splash247

Baseblue has completed its first LNG ship-to-ship (STS) 🥇 bunkering operation in Portland, Jamaica, marking a significant milestone in the company’s ongoing efforts to expand the availability of LNG as a marine fuel 💧.

The operation involved the seamless transfer of approximately 8800 million Btu of LNG 💧 to the GOLD TRADER vessel off the coast of Portland, Jamaica. This bunkering event also included a cooldown of the receiving vessel 📉.

(C) Copyright Tradewinds 2025

Source: Baseblue

Seaspan Energy provided LNG bunkering services 💧 to Silversea’s Silver Nova, supporting emission reduction efforts in shipping and cruise by transitioning away from traditional marine fuels 🔥

The first-ever cruise ship 🥇 has filled up with an alternative fuel at the Port of Vancouver, receiving LNG (liquefied natural gas) from Seaspan Energy’s LNG bunker vessel 👉 Seaspan Garibaldi as it prepares to sail to Alaska.   

(C) Copyright Seaspan 2025

Source: Seaspan

🔥 LNGAsFuel

Orders from shipowners contracting newbuildings during April were almost equally split between methanol and LNG 🔥.

Hydrogen-fuelled cruise ships look set to become a reality 📈.

(C) Copyright TradeWinds 2025

Source: Maersk

Grandi Navi Veloci (GNV) has placed an order 🤝 for four new LNG-powered RoPax ships at Guangzhou Shipbuilding International (GSI) shipyard in China 📌.

Under the shipbuilding contract, GSI will begin constructing the vessels in 2026, with the first units scheduled for delivery in 2028 🎊.

The newbuilds will be powered by LNG 💧 and are expected to reduce CO2 emissions by over 50% per unit compared to their predecessors.

(C) Copyright Offshore Energy 2025

Source: Offshore Energy

AlternativeFuels

AP Moller-Maersk is continuing to experience issues with the methanol dual-fuel engines 🚨 installed on its container ship newbuildings, pushing it to burn fossil methanol in an effort to iron out the issues 🔴.

Four of the company’s vessels are running on grey or fossil methanol 🔥.

(C) Copyright Tradewinds 2025

Source: Maritime Optima

👨‍💻 LNGJobs

🎊 Do you want to transit from LPG to LNG ❓

China LNG Shipping (International) Co Ltd CLSICO through Anglo-Eastern  is looking for LNG experienced Filipino to join their newbuild Q-Flex vessels :

🎯 Junior Deck Officers

🎯 Junior Engineers

🎯 Ratings

Requirements

  • LNG Experience (LPG Experience 30,000 dwt is accepted)

  • DFDE MEG-GI or X-DF

  • Joining mid-July 2025 (first ship) or early Sept 2025 (second ship)

Contact

📺 LNGAds

Next month: Gas, LNG & The of Energy Conference hosted by Wood Mackenzie on 10-11 June.

The 3rd annual edition takes place in London with a blend of presentations and thought leadership from Wood Mackenzie’s experts and senior industry speakers from across the gas and LNG value chain. Key developments in LNG shipping will be covered by a panel of speakers representing Höegh Evi, Mitsui O.S.K Lines, J.P Morgan and Wood Mackenzie 

Newsletter subscribers can claim a 20% discount on their ticket with the promo code SAVE20. Register now :

Have a great week ahead !

Mustapha 👋🏻

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