Welcome back to LNG4U — your front-row view of the shifts shaping the LNG market.
We start with an insight designed to keep you a step ahead 🎓, then dig into the developments making real impact — from market moves 💰 to offshore activity 🚢.
Let’s dive in.

🎓 LNGKnowledge

What are the different equipment installed inside LNG ship cargo tanks ❓

Each LNG cargo tank contains :

  • Two 2️⃣ main cargo pumps for discharging.

  • One filling line.

  • Emergency cargo pump column (Membrane type only).

  • One 1️⃣ Spray/Stripping pump which is used for :

- Cooling down cargo tanks/ship's lines/shore arms.

- Creating forced boil off.

- Gassing up

- Cooling down vapour gas to Diesel Engines (Before LDC) for DFDE ships

Source : liquefiedgascarrier

💰 LNGPrices

Freight rates / 174,000 m3 / 2 Stroke

Atlantic - (Spark30S)

$ 82,750 / day

Pacific - (Spark25S)

$ 62,000 / day

Natural Gas

Asia (JKM) - Dec 25

$ 11.481 / mmBtu

Europe (NWM) - Dec 25

$ 10.208 / mmBtu

Bunkers

$/MT

LNG

VLSFO

MGO

Singapore

706.21

465.50

741.50

Rotterdam

676.20

434.50

724.00

🏭 LNGTerminals

China is stepping up its efforts to import US-sanctioned Russian gas 📈, building the beginnings of a domestic “shadow fleet” of vessels that can transport the super-cooled fuel 💧 and circumvent restrictions imposed on one of the Kremlin’s flagship industries.

Tanker movements and ownership in China are beginning to reflect the patterns seen in Russian oil and in LNG 💧, where a shadow fleet has been built up to compensate for the loss of pipeline sales to Europe 💭.

(C) Copyright Bloomberg 2025

Source: Novatek

The Canadian federal government has designated the massive Ksi Lisims Liquefied Natural Gas (LNG) facility and its supply pipeline as a nation-building project, headlining a 💰56-billion package of energy and mining developments

This move fast-tracks the proposed LNG export terminal in British Columbia's northwest 🏭, while omitting a new oil pipeline from the priority list.

Canada, home to the world's fourth-largest natural gas reserves, aims to supply up to 100 million tons annually of new LNG exports 💧.

(C) Copyright Pipeline journal 2025

Source: Western LNG

🚢 LNGShips

Expansionist-minded shipowner Adnoc Logistics & Services will look at fleet renewal options 💵 on its four remaining steam turbine LNG carriers.

The 29-year-old LNG steamship Mraweh is one of four earmarked for sale, conversion or scrapping 🏗.

The company detailed that it sold its LNG carriers the 👉 135,500-cbm Al Khaznah (built 1994) and the 👉 137,500-cbm Ghasha (built 1995).

(C) Copyright Tradewinds 2025

Source: Jonathan Boonzaier

Second Russian LNG shadow ship heads for Suez Canal as another closes in on China 🚢

The 174,095-cbm La Perouse (built 2020) in ballast heading towards the Bab el-Mandeb strait, which has been a no-go area for LNG carriers since the wave of attacks 🚀 launched on merchant shipping by Houthi militants ramped up in early 2024.

The 145,000-cbm steam turbine CCH Gas (ex-Condor LNG, built 2006) took on a cargo from the Russian-controlled 170,200-cbm Perle (ex-Pearl, built 2014) in a ship-to-ship transfer operation 💧 carried out in mid-October, the vessel now is heading towards China.

(C) Copyright Tradewinds 2025

Source: Sovcomflot

Flex LNG will have another of its LNG carriers redelivered next month after its charterer, Cheniere Marketing International, opted not to take up a one-year option which is expected to be redelivered in late December.

Shipowner ‘encouraged’ by daily rates of 💰60,000 to 💰70,000 for modern tonnage, despite sluggish start to winter market

Flex Volunteer (built 2021) will enter dry-dock 🏗 on its redelivery at the end of December.

(C) Copyright Tradewinds 2025

Source: Flex LNG

LNG market players ‘caught off guard’ as rates surge towards $100,000 per day mark 🚀

Spot charter rates for LNG carriers are surging with talk of six-figures 💵 being concluded for ships trading in the West.

Brokers described the market as “going bananas” 📈 after progressively shifting up through the gears to new year highs over the past few weeks.

(C) Copyright Tradewinds 2025

Source: Hanwha

The UK government has announced sweeping maritime sanctions targeting Russia’s liquefied natural gas (LNG) exports 🚨, delivering a fresh blow to Moscow’s energy exports and sending ripples through the global shipping sector 🌊

Under the new measures, British-linked firms will be barred —from 2026 onwards—from providing shipping, insurance, and other maritime services for Russian LNG movements to third countries. The ban is being phased in next year in coordination with European partners 📅

(C) Copyright Splash247 2025

Source: Sovcomflot

Maran Gas Maritime has welcomed her newest vessel, the 👉 Maran Gas Syros, the latest addition to the Angelicoussis Group's expanding fleet built by Hanwha Ocean in South Korea 🎊.

Maran Gas Syros has a carrying capacity of 174,000 cubic meters 💧 and encompasses the highest design and construction standards with outstanding operational performance and flexibility, eco-friendly design, and state-of-the-art innovations, ensuring efficiency and a low emissions footprint 🌎

(C) Copyright Angelicoussis Group 2025

Source: Angelicoussis Group

🏗 LNGShipbuilding

South Korean shipowner Hyundai Glovis is tracking down LNG newbuilding slots 🏗 with domestic shipbuilders as it moves to secure tonnage for a time charter it has won 🤝 while pursuing fresh tender business.

Hyundai Glovis is in talks with Hanwha Ocean and HD Hyundai Heavy Industries for up to two 2️⃣ LNG carrier newbuildings.

(C) Copyright Tradewinds 2025

Source: Robbie Porter

🤝 LNGContracts

Venture Global and Mitsui & Co., Ltd. of Japan announced the execution of a new, long-term liquefied natural gas (LNG) Sales and Purchase Agreement (SPA) 🤝.

Under the SPA, Mitsui will purchase 1.0 million tonnes per annum (MTPA) of LNG 💧 from Venture Global for 20 years, starting in 2029.

(C) Copyright Venture Global LNG 2025

Source: Venture Global LNG

Greece and Ukraine signed an agreement 🤝 to facilitate the transport of US liquefied natural gas (LNG) to Ukraine 💧, a deal officials said will strengthen regional energy security as Ukraine braces for a difficult winter 💡.

The plan calls for US LNG deliveries routed through Greece from December 2025 to March 2026 📅 via the so-called Vertical Corridor.

(C) Copyright Venture United24 2025

Source: Getty Images

💧 LNGBunkering

Xiamen Port completed its first ship-to-ship bonded liquefied natural gas (LNG) bunkering operation 🥇 for an international vessel

Bunkering vessel Hai Yang Shi You 301 supplied 2,000 cubic meters 💧 of bonded LNG marine fuel to container ship MSC Daria at the Songyu Container Terminal of Xiamen Port. 

This milestone marked Xiamen Port’s ability to supply both biofuel and LNG, creating a diversified fuel supply capability 💧.

(C) Copyright Manifold Times 2025

Source: Xiamen Port

EnviTec Biogas, TT-Line sign bio-LNG bunker supply deal following bunkering trial 🤝

Some 40 metric tonnes of bio-LNG 💧 from EnviTec Biogas was supplied to TT-Line’s Ro-Pax ferry Peter Pan in Travemünde, Germany.

(C) Copyright Manifold Times 2025

Source: TT-Line

🔥 LNGAsFuel

Evergreen Marine has confirmed an order for 1️⃣4️⃣ LNG dual-fuel container ships in China and South Korea.

The Taiwanese liner giant said it has commissioned 🤝 Guangzhou Shipyard International (GSI) and Samsung Heavy Industries to build the 💰205m neo-panamax vessels.

(C) Copyright Tradewinds 2025

Source: Evergreen Marine

French shipping giant CMA CGM has finalised a contract for up to 🔟 ultra-large container ships (ULCS) in China, strengthening its commitment to LNG propulsion 🔥.

The world’s third-largest liner operator had signed a letter of intent 🤝 with Dalian Shipbuilding Industry Co (DSIC) covering six 6️⃣ firm orders plus four 4️⃣ options for 22,000-TEU LNG dual-fuel vessels.

By 2029, CMA CGM expects its dual-fuel fleet to reach 162 vessels 🚢, including 24 powered by methanol.

(C) Copyright Riviera Maritime Media 2025

Source: CMA CGM

MSC Cruises has signed a ‘massive’ shipbuilding order 🤝 with France-based Chantiers de l’Atlantique for the construction of two 2️⃣ more liquefied natural gas (LNG)-powered World Class-series units.

The order—worth a whopping €3.5 billion (roughly 💰4 billion)—was placed on November 12, bringing MSC Cruises’ total investment in the quartet booked in France so far this year to nearly €7 billion 💶.

Once completed, the ships are reportedly planned to be handed over in 2031 and 2032, respectively 🎊.

(C) Copyright Offshore Energy 2025

Source: MSC Cruises

AlternativeFuels

Hapag-Lloyd has placed firm orders at two yards based in China for the construction of at least fourteen 1️⃣4️⃣ methanol dual-fuel container vessels.

Hapag-Lloyd has tapped Taizhou Sanfu Ship Engineering to build six 6️⃣ 3,500 TEU boxships, and Yantai CIMC Raffles Offshore (CIMC Raffles) for the construction of eight 8️⃣ 4,500 TEU units.

Hapag-Lloyd is projected to cash out 💰60 million for each container vessel to be built by Taizhou Sanfu. The company will reportedly splash💰70 million for each of the units booked at CIMC Raffles.

(C) Copyright Offshore Energy 2025

Source : Hapag-Lloyd

👨‍💻 LNGJobs

Shell is looking for :

  • LNG Technical Advisor 

  • Location : London

Requirements

  • Significant working experience in LNG technical/operational aspects of LNG vessels.

  • Strong understanding of LNG and natural gas characteristics.

  • Familiarity with LNG commercial drivers and contracts.

Have a great week ahead !

Mustapha 👋🏻

📺 LNGAds

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