Lng News

 

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…

Total's Pouyanne Expected to be Named Chairman

Dec 16, 2015

Total Chief Executive Officer Patrick Pouyanne is expected to be appointed as chairman of the French oil and gas giant on Wednesday, combining both roles again a year after they were split following the death of Christophe de Margerie, who had held both positions…

NOIA Rebuts “Red Herring” Study on Atlantic Development

Dec 16, 2015

NOIA President Randall Luthi issued the following statement regarding a report released today by SELC which attempts to discredit an earlier study by Quest Offshore: “The Quest Study estimates the potential for jobs, economic activity…

Technip Certified in 5 More Countries to EDGE Standard

Dec 14, 2015

Technip certified in five additional countries to the EDGE standard, the global standard for gender equality in the workplace- With eight countries now EDGE certified, Technip remains the first and only company in the energy industry to…

Finland's New Icebreaker Polaris Named in Helsinki

Dec 11, 2015

A naming ceremony was held today for Finland’s new-generation icebreaker, Polaris, built at Arctech Helsinki Shipyard. Presently under construction at Helsinki Shipyard, the vessel is designed especially for icebreaking operations in the…

Ophir Energy signs up LNG buyers for Fortuna

Dec 10, 2015

Ophir Energy has signed a preliminary agreement to sell gas from its Fortuna floating liquefied natural gas (FLNG ) project in west Africa. All the six counterparties are established LNG buyers in European and Asian markets. The oil and…

Evergas Orders Four Ethylene Vessels

Dec 09, 2015

Copenhagen-headquartered gas tanker carrier Evergas has just ordered four ethylene/ethane newbuildings, with an option for two more.  The contract for the four newbuildings, each sized 32,000 cu m, has also been signed by Hong Kong engineering company JHW Engineering & Contracting…

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