A steel-cutting ceremony was held on September 29 for the lead gas tanker ordered by SCF Group for transportation of liquefied natural gas (LNG) under the Yamal LNG project. The prototype vessel will be operated under a long-term time charter between OAO Sovcomflot and JSC Yamal LNG…
The new sulphur directive for shipping traffic within the North European SECA area, which comes into force on January 1, 2015, is good for the environment but has a significant economic impact on Stena Line's business. The whole of the change program that begun in 2013…
Liquefied Natural Gas Limited has appointed Paul J. Cavicchi as a Non-Executive Director of the Company with effect from 1 October 2014. Based in Houston, Paul brings over 25 years leadership experience in the international energy industry…
Emissions-compliant fuel and strategies: the decision may ultimately be out of your hands.The International Maritime Organization (IMO) and Environmental Protection Agency (EPA) emission regulations requiring a reduction in sulfur within the…
Golar LNG Limited announced that with effect from September 19, 2014, Sir Frank Joseph Chapman has been appointed to the Board of Directors of the Company and will act as the Company's Chairman. Sir Frank Chapman has worked 40 years in the…
New vessels will create jobs, increase amount of cargo moved between Florida and Puerto RicoU.S. Transportation Secretary Anthony Foxx today announced the approval of a $324.6 million Title XI loan guarantee to TOTE Shipholdings, Inc., to…
Lithuania President Dalia Grybauskaite has appointed the chief executive of oil terminal company Klaipedos Nafta as the country's energy minister, the president's office said on Monday.Rokas Masiulis, 45, replaces Jaroslav Neverovic who…
Russia's Novatek may get funds from the National Wealth Fund for its Yamal LNG project before the year-end, a minister said, as part of government plans to support sanction-hit companies.Russia's No.2 gas producer, co-owned by an ally of President Vladimir Putin…
The Dutch company Falck Risc is becoming the number one expert on LNG safety in Europe. Together with the Unified Fire Department, Falck Risc will draw up guidelines and recommendations for emergency response services in dealing with Liquefied Natural Gas (LNG)…
By the beginning of 2016 the port of Antwerp will have an LNG bunkering and filling station for barges.The procedure for construction of the station is currently under way. In order to brief the future constructor as fully as possible about the facilities that the station must offer…
Shipping billionaire John Fredriksen reaffirmed on Friday its commitment to Seadrill, the world's largest rig company by market capitalisation, whose shares have fallen a quarter in value since the beginning of the year.'I consider my stake…
Ingram Barge Company announced that it will build 20 tank barges in 2015 to meet growing demand for chemical shipments.While most of the company’s recent tank barges have come through acquisitions, this continued expansion in their barge…
The top supporter in the U.S. Congress for reversing the 40-year ban on crude oil exports, Senator Lisa Murkowski from Alaska, said next year could be the time for a bill on lifting the restriction.'I think it may be timely then,' Senator Lisa Murkowski…
The first unique LNG powered ship that Ferus Smit has on order for Erik Thun A.B. will be built and equipped as a dedicated cement carrier. The ship will be delivered to the joint venture JT cement, in which Erik Thun AB cooperates with KG Jebsen Cement from Norway…
Legislation promotes revitalization of maritime industry through export of liquefied natural gas on U.S. flagged shipsChairman Duncan Hunter (R-Calif.) and Ranking Member John Garamendi (D-Calif.) held a hearing Wednesday that brought together…