South African Finance Minister Enoch Godongwana said his country had resolved a dispute with the U.S. over allegations that Pretoria supplied weapons to Russia, and South Africa is unlikely to face U.S. repercussions, Bloomberg News reported Godongwana said in an...

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South Korea christened its new domestically designed and built liquified natural gas bunker vessel this week. The ship marks a milestone as it incorporates the country’s newly developed second-generation LNG containment system. The goal was to develop a domestic...

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Asian spot liquefied natural gas (LNG) prices fell for the third straight week on Friday to the lowest level in nearly two years due to weak demand from top regional importers and as inventories remained high. The average LNG price for June delivery into northeast...

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IMO is participating in global efforts led by the World Health Organization (WHO) to better prepare for possible future disease pandemics. Before the COVID-19 pandemic, WHO’s focus was mainly on preparedness planning according to types of pathogen. Building on lessons...

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HMM, South Korea’s largest LNG shipping firm, will join a bid to acquire a 100 percent stake in Hyundai LNG Shipping after selling the LNG carrier operator to a local private equity firm nearly 10 years prior. According to industry sources on Friday, HMM delivered its...

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