Lng News

 

Petrogas to Establish LNG terminal in Andhra

Jan 12, 2016

Petrogas Private Limited, a joint venture company between Isomeric Holdings Bhd from Malaysia and LEPL Ventures Pvt Ltd (LEPL) from Vijayawada, has signed a facilitation MoU with Krishnapatnam Port Company Ltd (KPCL) and Andhra Pradesh government…

APLNG Ships First LNG Cargo from Australian Megaproject

Jan 12, 2016

The first cargo of liquefied natural gas has sailed from the mammoth Australia Pacific LNG (APLNG) facility in Queensland, following a delay of at least two weeks with another carrier waiting to be loaded. The startup of the APLNG project comes after a slight delay…

Low Bunker Prices Benefit Ship Owners in 2015

Jan 04, 2016

As 2015 draws to a close and the Worldscale Organisation published the new 2016 Flat Rates, Poten and Partners goes through the annual exercise of updating Flat Rates in its systems.  This highlighted once again the significant changes in bunker prices that occurred over the last 2 years…

Bright Future for LNG Bunkering - TMR

Jan 03, 2016

Transparency Market Research (TMR) have given a detailed insights and analysis of the global market for LNG bunkering fuel in its recently published market research report. On the basis of capacity, the market, which had a valuation of mere 70 kilo tons in 2013…

Cheniere Begins Production At Louisiana LNG Terminal

Jan 01, 2016

Houston-based Cheniere Energy Inc has began production at what will become the first U.S. terminal to export natural gas from shale formations.  It has officially flipped the switch at its liquified natural gas (LNG) export terminal in Louisiana…

64% Gowth for LNG Bunkering Market

Dec 31, 2015

Detailed insights and analysis of the global market for LNG bunkering fuel have been included in a new market research report recently published by Transparency Market Research (TMR). The report includes an analysis of market’s historical…

The Impact of Lower Oil Price on LNG Vessels

Dec 24, 2015

Opec study on the impact of lower oil price assumptions on the penetration of LNG vessels has released. In light of the regulations on sulphur emissions issued by the IMO the prospect of using LNG as an alternative bunker fuel was explored…

LNG-powered Cement Carrier Delivered

Dec 23, 2015

Dutch shipbuilder Ferus Smit announced it has delivered the world’s first LNG-powered cement tanker, MV Greenland. The delivery was preceded by an extensive program of trials and tests in which the proper working and safety of all systems was verified…

Second LNG-ready Tanker Delivered to Crowley

Dec 23, 2015

Crowley takes delivery of second of four new LNG-ready Jones Act product tankers from Philly Shipyard, Inc.  Crowley Maritime Corp. has today taken delivery of Texas, the second of four new Jones Act product tankers from Philly Shipyard…

Sinotrans Pacts for Five Yamal LNG Tankers

Dec 23, 2015

Chinese shipping major Sinotrans has signed with Greek shipowner Dynagas and China LNG Shipping (CLNG) for the joint purchase of five Arctic-class LNG carriers from South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME). The agreement…

LNG Bharat to Roll Out FLNG Terminal

Dec 23, 2015

LNG Bharat Private Ltd is setting up a floating LNG Floating Storage Unit (FSU) with a capacity of 5 million tonnes per annum at Krishnapatnam port in Nellore district the Hindu Businessline reports quoting J. Murthy, the Managing Director…

Coast Guard, Industry Navigate Future of Liquefied Gas

Dec 22, 2015

Senior U.S. Coast Guard leaders and liquefied-gas-industry experts from around the country came together the second week of December at Sector Houston-Galveston to prepare for the increased use of liquefied gases throughout the maritime community…

GTT Grants License to India's CSL

Dec 21, 2015

GTT grants a License Agreement to Cochin Shipyard Ltd. for the construction of LNG carriers  GTT (Gaztransport & Technigaz) announced it has granted a License Agreement to Cochin Shipyard Ltd. (CSL) for the construction of LNG carriers using GTT's membrane containment systems…

Dynagas LNG Partners Acquires LNG Carrier

Dec 21, 2015

Dynagas LNG Partners LP has entered into an agreement with Dynagas Holding Ltd to purchase 100% of the ownership interests in the entity that owns and operates the Lena River, a 2013 built 155,000 cubic meter ice class liquefied natural gas carrier…

New Incentive for Ships that Bunker LNG in Rotterdam

Dec 16, 2015

Rotterdam is introducing an additional incentive to bunker LNG, liquefied natural gas. The Port of Rotterdam Authority has reserved a total of EUR 1.5 million for this incentive. The scheme will apply until 2020.  Up until this time, seagoing…

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