Lng News


BIMCO, GIIGNL issue Voyage Charter for LNG Trade

Apr 06, 2016

BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party – LNGVOY - designed for the expanding LNG spot market. During the development process, BIMCO and…

LNG Names New MD

Apr 04, 2016

Australia's Liquefied Natural Gas Limited (LNGL) has appointed Chevron executive Greg Vesey to replace company founder Maurice Brand as managing director and chief executive. Brand will continue on with LNG as an executive director until his retirement in June next year…

Dynagas Clinches New Time Charter Contracts

Apr 01, 2016

Dynagas LNG Partners, the owner and operator of LNG carriers, has signed an extension and two new charter deals with Gazprom for the 2007-built Ob River until May 1, 2018.  In addition, the Partnership has entered into a new long-term time…

Dynagas Partners inks long-term deals for two LNG Vessels

Apr 01, 2016

Dynagas LNG Partners LP enters into new long-term time charter agreements for two of its LNG carriers and maintains current level of cash distribution following its latest drop down from its Sponsor Monaco – March 31, 2016 –Dynagas LNG Partners LP…

MARACAD Returns to Dubai

Mar 30, 2016

After an extremely successful debut in 2015, the MARACAD Conference and Expo returns to Dubai once again in 2016. Under the patronage of His Excellency Dr. Abdullah Bin Mohammed Belhaif Al Nuaimi, Minister of Public Works Chairman of the Federal Transport Authority – Land and Maritime…

Qatar Petroleum Delivers 500th LNG Cargo UK

Mar 30, 2016

Qatar Petroleum (QP) has announced the delivery of the 500th liquefied natural gas (LNG) cargo from QP affiliate Qatar Liquefied Gas Company (2) to the South Hook LNG Terminal at Milford Haven in the United Kingdom. The landmark delivery…

New Appointments for Lokring Northern Signals Growth

Mar 29, 2016

Lokring Northern (UK), provider of advanced fluid and gas transfer connectors, is celebrating significant expansion and growth with several new appointments within the company. A recent restructure to accommodate this continued growth has…

Adani Offers Dhamra LNG Stake to IOC, GAIL

Mar 28, 2016

Adani Group has offered 49% stake in its Rs. 5,000-crore ($750 million) Dhamra liquefied natural gas (LNG) project in Odisha to the state-owned oil and gas companies GAIL India and Indian Oil Corporation (IOC), according to a PTI report.   The…

Egypt Struggles to Close LNG Tender

Mar 26, 2016

The Egyptian Natural Gas Holding Company (EGAS) has reportedly failed to secure two cargoes for delivery in April, says a report in Reuters. The tender launched during last week was open to EGAS’ existing suppliers, however, delivery windows…

What’s Next for LNG - DNV GL

Mar 24, 2016

Dr. Gerd-Michael Würsig, Business Director LNG fuelled ships at DNV GL – Maritime, looked at some of the current issues in the LNG industry and provided an overview of what DNV GL is doing to support growth in this segment.“The main drivers…

SCF's Profit Zoom Fourfold

Mar 22, 2016

SCF Group (PAO Sovcomflot) reported steep jump in their net profit to USD 354.5 million from USD 83.9 million in the earlier year. Its gross revenue increased by 7.6 per cent to USD 1,483 million (2014: USD 1,378 million) and its time charter equivalent revenue rose by 18…

Shell, Rolls-Royce, MAN Ink LNGi Deal

Mar 21, 2016

DNV GL’s new LNG intelligence portal (LNGi) aims to bring stakeholders from across the LNG industry together to share market intelligence and contribute to the uptake of LNG as a ship fuel. Leading LNG suppliers and engine manufacturers including…

Iran's European Comeback

Mar 21, 2016

Islamic Republic of Iran Shipping Lines (IRISL) has managed to create two companies in Europe in joint collaboration with foreign companies, says Mohammad Saeidi  IRISL managing director. He didn't provide the details of establishment of the two Iran-Europe shipping companies…

Maiden Gorgon LNG Cargo Heads to Japan

Mar 21, 2016

The first shipment of liquefied natural gas (LNG) from the Australian Chevron's monster $55 billion Gorgon Project has departed Barrow Island yesterday aboard the 2015-built LNG carrier Asia Excellence, US-based energy giant Chevron Corporation said…

Offshore Achievement Award for TWMA

Mar 20, 2016

Global integrated drilling waste management and environmental services firm, TWMA, has won the Export Achievement Award at this year’s Offshore Achievement Awards.The award recognises the company’s significant business growth resulting from…

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