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Shifting Currents in LNG: New Orders, Old Ships, and Market Moves

From Cyprus’ new import terminal to surging Asian shipbuilding and idle tankers hitting the scrapyards, LNG shipping is at a crossroads.

May 28, 2025

Welcome back to this week’s edition of LNG4U! First up, I’ve got a quick insight to keep your LNG knowledge sharp 🎓. Then we’ll take a look at where the market’s moving 💰—before diving into the key developments and shifts shaping the LNG shipping scene over the past week 📅. Let’s get started!

🎓 LNGKnowlege

The Fuel Gas Supply System FGSS for LNG powered vessels (Other than LNG ships) consists of following equipment and piping system :

  •  One LNG fuel tank 🔵

  • Three sets of LNG supply pump ⛽

  • One set of Pump and Vaporizer Unit (PVU) consist of three sets of HP pumps and One HP vaporizer 💭

  • One Forcing Vaporizer 💭

  • Two sets of BOG compressor packages including a pre-heater & an after-cooler ❄ 

  • One set of gas valve train for Main engine 🏭

Source : FGSS Manual

  • One set of gas valve units for dual fuel generator engines ⚡

  • One set of gas valve unit regulator for dual fuel boiler 🛑

  • Associated LNG, NG piping and valves system 📊

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