Germany seeks to sub-charter floating LNG terminals amid contract disputes

Germany seeks to sub-charter floating LNG terminals amid contract disputes

Germany’s economy ministry is gauging interest in its excess floating LNG terminals as it considers sub-chartering the ships as they sit idle following two contract cancellations.

Despite the shareholder's Russia connections, an LNG terminal planned in Rostock could become part of Germany's critical infrastructure.

According to the Federal Government's emergency plans, billion-dollar LNG terminals were created. They devour more resources than they bring. Stade is an example of the cost-grab.

Germany looks to sublet LNG ships after contractual disputes - India Seatrade News

Germany said it’s looking for partners to sub-charter some floating liquefied natural gas terminals after disputes and planning mishaps led to two contract cancellations in recent months. “Talks are ongoing with potential interested parties to sub-rent the ships if we don’t need them anymore,” a spokesperson for the economy ministry said at a government press conference Friday. “It was never set in stone that we definitely would use these ships …

Germany Looks To Sublet LNG Ships After Contractual Disputes

By Petra Sorge Mar 21, 2025 (Bloomberg) —Germany said it’s looking for partners to sub-charter some floating liquefied natural gas terminals after disputes and planning mishaps led to two contract cancellations...