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Panama Canal Expansion Offers LNG Opportunities

When the Panama Canal expansion is completed, an estimated 80 percent of the world’s liquefied natural gas shipping fleet will be able to pass through it, which is good news for various players in the US LNG sector looking to move product to Asia, according to Oil & Energy Insider. … Read more »

TOTE Maritime

LNG-Fueled Ships Get $324.6M Loan Guarantee

US transportation secretary Anthony Foxx has announced a $324.6 million loan guarantee to TOTE Shipholdings to finance the construction of two liquefied natural gas-fueled container ships. The vessels will be constructed at National Steel and Shipbuilding Company in San Diego, Calif. As dual fuel vessels, primarily operating with LNG, but … Read more »