IMA/World Energy Reports has just completed a comprehensive assessment of the five year outlook for the deepwater sector. The new report – the 19th annual floater market forecast prepared by IMA since 1996 – provides our forecast of orders for floating production systems between 2016 and 2020…
Minister of Petroleum, Bijan Zangeneh said that Iran and Belgium are in talks for possible floating production of liquefied natural gas (LNG) FLNG Unit off the Kharg Island in the Persian Gulf. The issue was brought up during Zangeneh’s talks with Belgian Secretary of State for Foreign Trade…
Nippon Yusen Kaisha (NYK) concluded a time-charter contract for a new VLGC (very large gas carrier) with Astomos Energy Corporation, the world's pre-eminent liquefied petroleum gas (LPG) company. The new VLGC will be built by Mitsubishi Heavy Industries Shipbuilding Co…
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. (DSME) has received orders from government officials to cease production on five of its ships presently under construction, following a series of deadly shipyard incidents…
German shipping company Wessels Reederei has signed a contract with MAN Diesel & Turbo at the Europort exhibition for maritime technology to retrofit the 8L48/60B main engine of its 1,000-teu containership Wes Amelie to dual-fuel operation,…
Mitchell W. Ingram has been selected by the board of directors of Anadarko Petroleum Corporation to fill the newly created position of Executive Vice President, Global LNG. Ingram joins Anadarko's Executive Committee effective immediately…
GasLog Partners LP, an international owner and operator of liquefied natural gas (LNG) carriers, increased quarterly cash distribution by 10% to $0.478 per unit for the third quarter of 2015, equivalent to $1.912 per unit on an annual basis…
French LNG containment specialist GTT, along with French containerline CMA CGM (and its subsidiary CMA Ships) and classification society DNV GL have released a technical and feasibility study for a new mega boxship dubbed the Piston Engine Room Free Efficient Containership (PERFECt)…
Until now, there has been no international standard describing the methods for fiscal measurements and suitability for liquefied natural gas (LNG) as a marine fuel, despite the growing international market for small scale LNG bunkering. DNV…
Classification society Bureau Veritas has granted Approval in Principle (AIP) to a 4,000-cubic-meter Bunkering Ship concept developed by France’s LNG containment manufacturer, GTT. The concept, which has now received its second AIP following the one issued yesterday by Lloyd’s Register…
The annual Tripartite meeting between shipowners, shipbuilders and classification societies was held in Seoul, Republic of Korea on 16 and 17 October 2015. The meeting was attended by 100 high level representatives of the industry, including…
Singapore looks to pull ahead in the race to become Asia’s main gas hub by establishing a domestic gas trading market. Rising liquefied natural gas (LNG) supply and demand within Asia has prompted Singapore to to become a centre for energy trading…
GTT, a the designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), announces that its Board of Directors met on October 14 and appointed two new members, Andrew Jamieson and, following the proposal of ENGIE…
Iran is projected to officially join the LNG Exporters Club in the next two years, managing Director of National Iranian Oil Company Rokneddin Javadi was quoted as saying by Mehr News Agency. Establishing new LNG production units instead…
Jensen Maritime Consultants debuted a pair of LNG bunker barge concepts. The first concept involves outfitting an existing barge with an above-deck LNG tank. The concept can be further modified to accommodate more than one type of product, if a customer has a need for multiple liquid transfers…
