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Freight rates for ships carrying liquefied natural gas have hit an all-time high of $397,500 a day as Europe snaps up alternatives to cut-off Russian flows.
The canal is a key trade link between Europe and Asia, channeling nearly 12% of global cargo. The current crisis is forcing shipping companies to use longer routes, disrupting their schedules and ...
LNG carriers of increasing size have been built since then, leading to the fleet of today, where giant Q-Max LNG ships sail worldwide that can each carry up to 266,000 m 3 (9,400,000 cu ft). A boom in U.S. natural gas production was enabled by hydraulic fracturing ("fracking"), creating large growth in natural gas production from 2010. [2]
They may be capable of handling LNG tankers of 70,000 to 217,000 cubic metres (m 3) cargo capacity ; or tankers of 125,000 to 266,000 m 3 cargo capacity . [9] The pier would have at least two insulated lines, one for loading and/or unloading LNG and one for vapor supply or recovery as the vapor space above the LNG changes as the cargo is ...
Wilhelmshaven LNG terminal is Germany's first liquefied natural gas (LNG) shipping terminal, situated near Wilhelmshaven, Germany on the North Sea. It had been in the planning stages since the mid-2010s, and in 2022 gained rapid regulatory authority approval for construction following the Russian invasion of Ukraine and the global natural gas ...
The threat of disruptions to Europe's gas supply from Russia, in the event the West imposes sanctions if Russia invades Ukraine, has prompted a debate about the need for long-term liquefied ...
With an LNG storage capacity of 263,000 m 3 (9,300,000 cu ft), she is the world's largest floating storage and regasification unit (FSRU). [2] [4] [5] The regasification capacity is 800 million standard cubic feet per day. [3] She features LNG re-shipment and gas transfer capabilities.
FSRU Independence, delivered in March 2014 is a LNG carrier designed as a floating LNG storage and regasification unit (FSRU) owned by KN Energies (previously owned by Höegh Evi) to be used as a LNG import terminal in Lithuania. The vessel can store 170,000 m 3 (6,000,000 cu ft) of natural gas and can supply all of Lithuania's need for natural ...