Hinode’s 5th Annual conference on the Outlook for bunkering and Marine Lubricants in India clearly acknowledged the fact that India was well on its way to becoming a Bunkering destination. Lack of infrastructure, duties, quality of bunkers…
Germany’s Linde Group will build the first FLNG (Floating Liquefied Natural Gas) facility in Iran, Iran’s oil minister Bijan Namdar Zanganeh said. Zanganeh said that building LNG-producing facility in line with exports of LNG to European countries is a priority for the ministry…
Despite some recent turbulence, the global business environment for liquefied natural gas (LNG) remains strong, and a continuous growth in demand is expected for years to come, said Khalid Sultan R Al Kuwari, Chief Marketing and Shipping Officer of RasGas Company Limited…
Alliance between Siemens Drilling and Marine, Dresser-Rand—A Siemens Business, and Lloyd’s Register provides end-to-end solution to guarantee availability of LNG as marine propulsion fuel. A 'best of industry' team plans to to make LNG…
A consortium composed of Teekay LNG Partners L.P., Samsung C&T (Samsung) and Gulf Investment Corporation (GIC) executed today with the Government of the Kingdom of Bahrain the project agreements for the development of an LNG receiving and regasification terminal in Bahrain…
Swan Energy Limited will invest around Rs. 5,600 crore ($845 mln) towards setting up of Jafrabad LNG Port project in Gujarat with one jetty-moored Floating, Storage and Regasification Unit (FSRU). The joint venture project by Swan Energy Limited (SEL) and its Belgium partner Exmar Marine N…
The State of Alaska has finalized a deal with TransCanada to buy out the pipeline company's share in the proposed Alaska liquefied natural gas export project for nearly $65 million. Alaska has completed the buyout of TransCanada’s interest in the Alaska LNG project…
Qatar-based natural gas producer RasGas will not penalise Petronet LNG for lower offtake of the fuel, says a report by PTI. Qatar has agreed to waive $1 billion penalty on India for breaking a long-term LNG contract, and has also consented…
The engineering group Monadelphous has won a $200 million Shell Australia contract on its Prelude floating LNG project off the Kimberley coast. The contract is for major, long-term maintenance and modifications services for the Prelude…
Honeywell has announced that it has received a contract to supply its Experion Process Knowledge System (PKS) automation controls and tank gauging systems for Finland’s first LNG import terminal. The new terminal will efficiently supply…
The Świnoujscie LNG terminal in northern Poland is ready to receive its first shipment of gas, with a tanker leaving Qatar on its way to Poland. The tanker carrying LNG left Qatar-based Ras Laffan port on last Friday and is heading to the LNG terminal…
Liquefied Natural Gas Limited has announced the appointment of Anthony Gelotti as Chief Development Officer based in Houston, Texas, USA. John Baguley, Chief Operating Officer for Magnolia LNG will assume the additional responsibilities of LNGL Chief Technical Officer…
Lithuania’s Klaipedos Nafta has signed a deal with the port of Helsingborg to cooperate on the HEKLA – Helsingborg & Klaipeda LNG infrastructure facility deployment project (HEKLA). Klaipedos Nafta has also signed a Memorandum of Understanding…
“The dry cargo markets have shown no signs of recovery during Q3. A lack of demand growth in combination with deliveries of new tonnage will make this the reality of the market for an extended period. Our Q3 result in dry cargo is as expected and a reflection of these market conditions…
Crowley Maritime Corporation announced today that company veteran Craig Tornga has assumed the role of vice president of stakeholder relations for Alaska, and will coordinate with all of Crowley's Alaska business units to leverage relevant company relationships…