Lng News


Freeport LNG Delays Start of Texas Export Terminal

Apr 19, 2018

Freeport LNG, a privately held U.S. liquefied natural gas company, said on Thursday it pushed back the projected start date for its $13 billion export terminal under construction in Texas by about nine months to around Sept. 1, 2019.Freeport…

Nor Lines Adds Calls at Rotterdam

Apr 19, 2018

Samskip subsidiary Nor Lines will include calls at Rotterdam for the first time in its weekly multipurpose liner service connecting to Western, Mid and Northern Norway, with effect from June 1. The service is provided by Nor Lines’ liquefied…

$252m Finance for LNG-Powered Tankers

Apr 19, 2018

Watson Farley & Williams (“WFW”) has advised ING Bank (“ING”), as agent, security trustee and the syndicate of lenders on the US$252m financing of the world’s first ever LNG-powered aframax tankers for leading Russian shipowner Sovcomflot Group (“SCF”)…

Flex LNG Charters New LNG Carrier to Enel

Apr 18, 2018

Flex LNG , a global shipping company  specializing in the ownership of LNG carriers, announced that through a  separate wholly-owned subsidiary,  it has entered into a time-charter agreement  with Enel Trade, a company of the Enel Group, a…

Ballast-free LNG Carrier Project Advances

Apr 18, 2018

GTT, Lloyd's Register (LR) and Dalian Shipbuilding Industry Corporation (DSIC) today launched the second phase of the '30,000m³ B-FREE LNG carrier' Joint Development Project (JDP). A meeting was held today at Lloyd's Register premises in Shanghai to commence Phase II of the project…

Shell, AET Deal for LNG Aframaxes

Apr 12, 2018

Malaysian-owned global shipping company specialising in the ocean transport of crude oil and refined products  AET Tankers and Shell International Trading and Shipping Company  formalised arrangements for the long-term charter of AET’s two…

SHI Bags a 180K LNGC Investment with an Option

Apr 06, 2018

Samsung Heavy Industries(SHI) revealed on March 5, 2018 that one 180K ㎥ LNG carrier newbuilding has been approved by the board of an overseas owner. The contract, is subject to agreement on the shipbuilding contract terms, which are scheduled to be agreed by March 9…

Samsung Heavy Industries Wins a LNGC Duo for USD 370 mln

Apr 06, 2018

Samsung Heavy Industries(SHI) revealed on April 4th that a contract for two 174,000㎥ LNG carriers on BOD approval term.  The price is 184 million USD per vessel(around KRW 195 billion). The latest LNGCs would be delivered in July and October 2020…

LNG Ships: Two DSME Orders for GTT

Apr 06, 2018

GTT announces it has received at the end of March, an order from the South Korean shipyard Daewoo Shipbuilding and Marine Engineering (DSME) for the design of the LNG tanks of two LNG carriers (LNGC). Each offering a capacity of 173,400m3…

Furetank Fleet Adds LNG-fuelled Fure Vinga

Apr 05, 2018

Swedish shipping company Furetank Rederi AB, a part of the Gothia Tanker Alliance, has taken delivery of its latest vessel, Fure Vinga, the first in a series of six 17.999 DWT product tankers with LNG operation.  'We welcome Fure Vinga to our alliance…

GAIL to Start Importing LNG Under Gazprom Deal

Apr 04, 2018

GAIL (India) to begin getting liquefied natural gas (LNG) under reworked deal with Gazprom from May, India's oil minister Dharmendra Pradhan told lawmakers on Wednesday GAIL signed a 2.5 million tonnes a year LNG import deal with Gazprom…

Balearia’s 1st LNG-Fueled Ferry Hits the Water

Apr 02, 2018

Spanish shipping company Baleària Eurolínias Marítimas (Balearia)’s first of two liquefied natural gas (LNG)-fuelled ferries, Hypatia de Alejandría, has been floated out at the Italian shipyard Cantiere Navale Visentini. The first ferry named Hypatia de Alejandría was launched on March 30…

Port Canaveral: Leveraging the Past, Building for the Future

Apr 02, 2018

The East Coast’s most diversified cruise port is poised for an exciting run at the future. Almost 38 years ago, Port Canaveral, Florida had some minor cargo traffic, a large U.S. Navy presence, some submarines, and was homeport to an obscure…

Hapag-Lloyd to Unveil Plan for 2020 Fuel Regs in 2018

Mar 28, 2018

German shipping company Hapag-Lloyd plans to give details within three to six months on compliance with tighter shipping fuel regulations that will kick in from 2020, its chief executive Rolf Habben Jansen said on Wednesday. The International…

GasLog Partners Signs Multiple New Charter Agreements

Mar 25, 2018

GasLog Partners has announced  that it has entered into agreements with a new customer for two new charters plus options for an additional two charters.  The agreements include an approximately three and a half year charter for GasLog Santiago…

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