Lng News


DNV to Class World's First LNG FPSO

Sep 26, 2012

DNV has been contracted to class the Petronas LNG FPSO (Floating Production, Storage, Offtake) vessel to be built by Korea's DSME. The unit will be built by DSME in Korea and is destined for the Kanowit field offshore Sarawak, Malaysia.…

LNG Export Strategies on Agenda at London 'Russian Day'

Sep 25, 2012

The role of Russia as a key global supplier of natural gas will be amplified at upcoming 'Russian Day' event.The Russian Energy Minister, Alexander Novak, confirms he will host a special ‘Russian Day’ at one of the world’s leading gas industry events in London this October…

Asia's First Floating LNG Project to Have GE Compressors

Sep 24, 2012

GE Oil & Gas to supply gas turbine-driven compressor train technology to Malaysia’s Petronas for a floating liquefied natural gas (FLNG) facility.The start-up of the FLNG facility is scheduled for the fourth quarter of 2015. It will be moored about 180 kilometers off the coast of Bintulu…

Gas Tankship Equipment Contract for Wärtsilä Hamworthy

Sep 19, 2012

Wärtsilä Hamworthy contracted by Hyundai Mipo Dockyard for cargo handling equipment & engineering for four Exmar Shipping SA gas carriers.Wärtsilä Hamworthy’s scope of supply will include cargo related engineering including deck tank engineering…

Technic Wins Another Ichthys LNG Contract

Sep 18, 2012

Technip wins INPEX CORPORATION commissioning contract worth approximately €210 million, for the Ichthys LNG Project in the Browse Basin, Western Australia.An integrated team will work on all activities related to the preparation and execution of the offshore commissioning for the floating…

Shipping Markets and Finance

Sep 12, 2012

In recent years, excess vessel capacity has been plaguing shipping markets and the resultant drop in asset values has restrained financing options for ship owners. Following the financial crisis in 2008, demand across the major shipping segments – dry bulk…

Harvey Gulf’s Bold Vision: a Big Win for Everyone

Sep 11, 2012

Shane Guidry and Harvey Gulf team up with leading industry naval architects, engine suppliers, classification societies, regulatory bodies and a host of others to bring U.S. Gulf of Mexico offshore energy into the 21st Century – and beyond. Often out in front of the competition in many ways…

LNG Container Ship Design Gets GL Approval

Sep 10, 2012

Germanischer Lloyd presents an Approval in Principle (AiP) certificate to TECHNOLOG for the IPP designed STREAM range of 3,000 TEU to 5000TEU ships.The design of the STREAM 4200 LNG’s 32.25-metre beam allows passage through the existing Panama Canal locks…

LNG Carrier for Drydock in Damen's Brest, France, Yard

Sep 02, 2012

Damen Shiprepair Brest (France) gets its first order to drydock large LNG carrier for repairs.The Bonny Gas Transport-owned, 79,822 DWT ‘LNG SOKOTO’ has arrived at the yard for maintenance work, including drydocking.Jos Goris, managing director of Damen Shiprepair Brest…

China Shipyard Starts NOR LInes LNG-powered Cargo Ship Build

Aug 31, 2012

Tsuji Heavy Industries Jiangsu begins construction the first of two LNG-powered 5,000 dwt vessels for NOR Lines.The contract to build the two 5,000 dwt vessels was signed in October 2011 and construction has now begun with owner's representative…

LNG Carrier Owners GasLog Report Q2 2012 Results

Aug 21, 2012

GasLog Ltd., owner, operator & manager of liquefied natural gas (“LNG”) carriers, reports financial results for second quarter 2012.GasLog’s fleet consists of 10 wholly-owned LNG carriers, including two ships delivered in 2010 and eight LNG carriers on order…

U.S. LNG Cargo Shipped From Alaska to Japan

Aug 21, 2012

ConocoPhillips ships third LNG cargo from Alaska to Japan.ConocoPhillips (COP) has shipped a third cargo of liquefied natural gas to Japan from the only U.S. LNG plant permitted to sell domestically produced fuel to the Asian country, reports Bloomberg…

LNG Exports from US Will Grow Says Analyst

Aug 12, 2012

LNG Exports: 'Not Huge, Not Soon,' but with geopolitical impact forecasts market analyst.Ken Medlock, a Baker Institute energy fellow at Rice University in Houston, said the United States will be 'lucky to see more than 1 Bcf/d' of exports 10 years from now…

ECA Compliance Waiver Granted to US Shipowner TOTE

Aug 08, 2012

EPA and USCG facilitate a move by Totem Ocean Trailer Express (TOTE) to convert its vessels to alternative fuels.Totem Ocean Trailer Express (TOTE) has received a permit providing a conditional waiver from the current Emissions Control Area…

LNG Bunker JV Project for European Ports Supply

Aug 08, 2012

Bomin & Linde outline JV plans to target infrastructure supply of LNG in the European maritime sector.The Linde Group announce a joint venture with Bomin, a subsidiary of Marquard & Bahls, to build infrastructure for liquefied natural gas in the European maritime sector…

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