Venture Global building LNG fleet to sell cargoes directly on spot market

U.S. liquefied natural gas exporter Venture Global LNG, which is involved in multiple legal fights with clients, has announced it is building a large fleet of LNG-powered vessels.

Venture Global’s fleet will include nine vessels. Six will have a cargo capacity of 174,000 cubic meters and three a cargo capacity of 200,000 cubic meters. The tankers are under construction in South Korea and will be delivered starting later this year. All nine ships will be primarily fueled by Venture Global’s...

https://www.freightwaves.com/news/venture-global-building-lng-fleet-to-sell-cargoes-directly-on-spot-market

Venture Global swoops on 9 in-build LNG carriers

Arlington, Va., headquartered U.S. LNG export terminal operator Venture Global LNG is getting into vessel ownership. Yesterday, it announced the acquisition of nine LNG carriers currently under construction by an undisclosed South Korean shipbuilder (or shipbuilders). It says that deliveries of the ships will start later this year. Six vessels will have a cargo capacity of 174,000 cubic meters each and three a cargo capacity of 200,000 cubic meters each. All nine ships will be primarily fueled...

https://www.marinelog.com/news/venture-global-swoops-on-9-in-build-lng-carriers/

INTERVIEW: 85% of ship engines ordered in 2030 likely to be dual-fueled: MAN Singapore

MAN Energy Solutions expects the order book for dual-fuel engines to ratchet, with around 85% of all ship engines ordered in 2030 to be dual-powered, as the global shipping industry speeds up maritime decarbonization efforts, its Singapore Managing Director Nicolas Brabeck said. The 2030 estimates...

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/031824-interview-85-of-ship-engines-ordered-in-2030-likely-to-be-dual-fueled-man-singapore

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