Lng News


Japan: Nuclear Shutdown Drives LNG Demand

Aug 23, 2011

According to a report issued by Platts, LNG consumption in Japan could increase by 800,000 mt/month in a worst-case scenario in which none of the nuclear reactors due to go offline for planned maintenance over August 2011-April 2012 were allowed to resume operations…

China LNG Import Demand Grows

Aug 23, 2011

According to a Bloomberg Report, China’s LNG imports rose to a record in July as consumption continueds to climb. LNG imports reportedly gained 66 percent to 1.18 million metric tons, according to data from the Beijing-based General Administration of Customs…

LNG: Germany to Benefit from Dutch LNG Terminal

Jul 26, 2011

As Germany seeks to replace its shuttered nuclear reactors, it appears that the country will likely to become the biggest customer for the Netherlands' first liquefied natural gas (LNG) terminal within two to three years, according to a report on Reuters…

Lloyd's Register Appoints James Fernie

Jul 13, 2011

James D. Fernie has been appointed to the position of Business Development Manager, Gulf Coast Area for Lloyd’s Register North America, Inc., based in Houston. Fernie has held senior positions with ConocoPhillips, BG LNG Services and Marathon Oil…

LNG: $93B Capex in 5 Years

Jun 28, 2011

The new Douglas-Westwood LNG report forecasts five-year facilities Capex will exceed $93 billion. A bright future is forecast for the LNG industry, as growing long-term gas demand drives major investment in global LNG facilities. The World LNG Market Report 2011-2015…

LNG: Gas Demand Drives Investment

Jun 24, 2011

A bright future is forecast for the LNG industry, as long-term gas demand drives major investment in global LNG facilities. A new report from energy business advisors, Douglas-Westwood (DW), predicts the Pacific basin will be the main contributor…

Faststream Warns of LNG Staff Shortages

Jun 20, 2011

Shipping recruiter Faststream warns that shipowners taking part in the LNG vessel order spree could face serious difficulties in finding experienced superintendents to run these vessels in the coming months and years, particularly in Europe…

LNG Gains Traction as Alternative Fuel

Jun 09, 2011

As Cargo, Fuel or both; LNG is emerging as the clear and clean way forward for the maritime industry. •    In the Beginning        The use of LNG as a marine fuel is not new. Vessels trading cryogenic LNG have burned boil-off natural…

New Contract to Kleven Maritime

May 02, 2011

Kleven Maritime has signed a new contract with Rem Offshore for delivery of one LNG powered offshore vessel. With this new contract, Kleven Maritime’s order reserve increases to 9 vessels at a combined value of 3.3 billion NOK.The vessel…

ClassNK Establishes New Standards for FLNG/FLPG Sector

Apr 29, 2011

Society releases new Guidelines for Floating Offshore Facilities for LNG/LPG Production, Storage and OffloadingApril 28 (Tokyo) - Nippon Kaiji Kyokai (ClassNK) is pleased to announce the publication of its new Guidelines for Floating Offshore Facilities for LNG/LPG Production…

Ince & Co Advises on Floating Storage and Regasification Unit

Apr 25, 2011

Ince & Co advised long standing client Golar LNG Energy (Golar LNG) on the successful completion of an 11-year time charter party (TCP) for the provision of a Floating Storage and Regasification Unit (FSRU) and associated mooring to PT Nusantara Regas (PTNR)…

Golar LNG Signs Deal for 4 LNG Ships

Apr 15, 2011

Golar LNG Limited is pleased to announce that it has entered into a firm contract to build four 160,000 m3 LNG carrriers with the Korean shipbuilder Samsung Heavy Industries Co Ltd ('Samsung'). The newbuilding contracts were originally entered…

Austal Unveils LNG Report

Apr 11, 2011

Austal has unveiled its study on the application of liquefied natural gas (LNG) as a fuel for several types of ferries, as an alternative to traditional fuel options in medium and high speed vessels.Austal’s success is centred on the design…

Hudong-Zhonghua Selected to Build LNG Carriers

Jan 17, 2011

Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced today that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in…

Delta Wave Teams with Global Rescue

Dec 20, 2010

Delta Wave Communications have teamed up with Global Rescue to combine their service with Delta Wave’s line of satellite based global personal tracking and emergency alert products.Global Rescue is an emergency services company that provides best-in-class medical…

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