LNG

Ships

Carriers’ appetite for new ships remain unabated

271 new containerships for 2.6m TEU were ordered in the first 7 months of this year, not including undeclared options that would raise the final tally to over 300 ships as carriers’ appetite for new tonnage remains unabated. The wave of new orders is not about to end soon, with attention shifting to feeder sizes. The orderbook for ships of below 4,000 teu currently stands at just 6.8% of the current fleet, compared to 16.2% for ships of 4,000 to 10,000 teu, and 51.7% for ships of over 10,000 teu

Services

Tiger Gas restarts Bintulu LNG shipments

Tiger Gas has resumed its shipment of LNG tanks from Bintulu to China with the deployment of the 1,384 teu dual fuel LNG ISO tank carrier TIGER MAANSHAN that has taken a load at Bintulu on 19 August 2023 and is heading to Maanshan in China. Tiger Clean Energy (TCE), a unit of Tiger Gas, had entered into an agreement [https://splash247.com/gerry-wang-makes-progress-with-new-lng-venture/] with Petronas in May 2020 to supply LNG to Tiger’s LNG ISO tank filling facility at Bintulu in Malaysia with

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