LNG

• EMA and JERA have signed a Memorandum of Understanding (MoU) to collaborate on LNG procurement and supply chains for Singapore and Japan.
• Under the MoU, both entities will exchange best practices and knowledge in LNG procurement and supply chain management. They will also explore collaboration opportunities in this domain.
• Mr. Soh Sai Bor, Assistant Chief Executive of EMA, highlights the significance of natural gas in the energy mix and expresses EMA’s commitment to strengthening LNG supply...

https://mfame.guru/ema-and-jera-forge-alliance-for-lng-procurement-and-supply-chains/

• The global LNG-fueled fleet has witnessed robust growth.
• Concerns over the lagging pace of LNG bunker fuel infrastructure development.
• IMO’s emission control area designation for the Mediterranean in 2025.

The global LNG-fueled fleet has witnessed a robust 181% growth since 2020, with 520 vessels currently in operation, a significant increase from 471 in 2023 and 354 in 2022.

Moreover, the order book for LNG vessels reflects a promising trend, with 195 vessels set for delivery in 2024,...

https://mfame.guru/lng-fueled-vessel-deliveries-surge-amid-supply-concerns/