Shanghai Suspends LNG Loadings as Strong Typhoon Batters City

Shanghai has suspended all LNG cargo loadings and all port operations as the most powerful tropical cyclone in seven decades hit the financial and port hub. Waiting for Typhoon Bebinca to make landfall, Shanghai shut down early on Monday all LNG terminals and suspended all loadings, Upstream reports. Typhoon Bebinca, a Category 1 storm, was the most powerful cyclone to directly hit Shanghai and its outskirts since 1949. While the typhoon is disrupting some LNG trade in Shanghai, concerns on the natural gas market have eased about the impact of…