Lng News


BSM to Manage Thenamaris' New LNG Carriers

Oct 18, 2012

Bernhard Schulte Shipmanagement (BSM) gets contract to manage three TFDE 160,000 cu m capacity LNGC's.The vessels are due for delivery from Samsung Heavy Industries Co Ltd, Korea, in 2013, following which BSM will be responsible for the technical management…

BSM to Manage Thenamaris LNG Newbuilds

Oct 17, 2012

Bernhard Schulte Shipmanagement (BSM) has announced that it has been awarded the ship management contracts for three TFDE 160,000 cu m capacity LNGCs belonging to Thenamaris LNG Inc.The vessels are due for delivery from Samsung Heavy Industries Co Ltd…

Australia LNG Bunkering Project Kicks Off

Oct 17, 2012

Det Norske Veritas (DNV) & nine key members of the Australian maritime, port and energy sectors have established the four-month study.The Joint Industry Project (JIP) is to facilitate the adoption of LNG fuelled vessels in Australian waters…

LNG-powered Viking Grace Re-defines Ferry Travel

Oct 15, 2012

Lloyd’s Register significantly helped the vessel’s owners & builders work through the complexities of 'Viking Grace's' novel design features.Finland’s Viking Line recently notched up a world first when it launched Viking Grace, the most environmentally friendly large passenger ship…

Rotterdam, Gothenburg Join to Speed Up LNG Bunker Supply

Oct 12, 2012

The largest port in Europe & the largest port in Scandinavia, sign an alliance to push availability of LNG as maritime fuel.The Port of Rotterdam and the Port of Gothenburg both located within the SECA area in northern Europe where stricter…

Fluor Wins Offshore Philippines EPC Contract

Oct 10, 2012

Fluor Offshore Solutions gains engineering, procurement and construction (EPC) support contract for Malampaya deep-water gas-to-power project.The project is being undertaken on behalf of the Philippine Government by the Service Contract 38 consortium composed of Shell Philippines Exploration B…

LNG Containment System Upgrade DNV Qualified

Oct 09, 2012

GTT’s Mark III LNG cargo containment system reduces the boil-off rate from LNG carriers by one third.Mark III is GTT’s well-established containment system. This has now been further developed to reduce the boil-off rate from 0.15% to 0.10% of the cargo volume per day…

LNG Bunkering Study Released by LR

Oct 09, 2012

Key finding is that demand for the deep sea trades could grow significantly if LNG bunkers are competitively priced compared with other fuel options.The 52-page study, which is being launched at Gastech 2012, assesses the likely scale of…

Barents Sea Drillers Strike Gas, Expected Oil

Oct 08, 2012

Eni, with partners Lundin and Det Norske hoped for oil but discovered gas & condensate at the Salina structure in western part of the Barents Sea.Det norske oljeselskap ASA earlier announced the discovery of hydrocarbons in the Salina prospect in production license 533…

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…

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