Very Large Crude Carrier rates have plunged to just $38,000 per day, falling some 62% from a few weeks ago.
, Korean shipbuilders managed to book 46% more orders so far, YoY. And the government’s goal is for the country to grab 75% of the market share by 2030.
,” Per Christian Fett, the global head of LNG at shipbrokers Fearnley LNG in Oslo, has told Bloomberg.is sending three FSRUs to Europe with combined throughput capacity to import 15 billion cubic meters of gas, or about 10% of the pipeline and LNG imports from Russia in 2021. Demand for the terminals in Europe is so strong that it could make it less affordable for emerging nations to use FSRUs for their own needs.
,” Rob Jetten, Dutch minister for climate and energy, has declared. FRSUs offer the quickest and most efficient way for Europe to end its reliance on the pipelines that bring in large quantities of natural gas from Russia. But ditching Russian gas is proving to be more onerous than Europe would have hoped for. Whereas supplies of Russian pipeline gas--the bulk of Europe’s gas imports before the Ukraine war--are down to a trickle, Europe has been hungrily scooping up Russian LNG. The Wall Street Journal
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