A strong recovery in expenditure on LNG facilities now underway worldwide driven by a growing demand for natural gas. The new eighth edition of Douglas-Westwood’s (DW) World LNG Market Forecast expects that global Capex will total nearly $228bn during the 2013-2017 period…
The practical challenges of using Liquefied Natural Gas (LNG) as a marine fuel will be a major theme of the 2013 SHIPPINGInsight Fleet Optimization Conference, Oct. 22-24 at the Sheraton Stamford Hotel in Stamford, Conn. “A number of major…
As Pulse Structural Monitoring (Pulse), an Acteon company, continues to expand, its Houston office has announced the appointment of two new business development managers to drive the growth of its U.S. operations.The company appointed Paul…
Alternative to Diesel Strengthens as Barriers Continue to Fall.From the earliest days of mechanically propelled ships, fuel use has been evolving. Starting with wood, fuel changed to coal, which held sway for many years. Oil began to be…
MAN Diesel & Turbo’s Thomas S. Knudsen talks shop on LNG When TOTE Inc. ordered the world’s first LNG-powered containerships (which were honored last month in Oslo, winning the DNV-sponsored “Next Generation Ship Award”), industry excitement was palpable…
Today’s hottest commodity – on land, at sea and in your bunker tanks – has a rich history and an even brighter future.LNG was first transported in 1959 from Lake Charles, LA to the United Kingdom. This voyage demonstrated the feasibility of waterborne transportation of LNG as a tradable commodity…
Power generation from hydro, wind, solar and other renewable sources worldwide will exceed that from gas and be twice that from nuclear by 2016, the International Energy Agency (IEA) said today in its second annual Medium-Term Renewable Energy Market Report (MTRMR)…
On June 21, 2013 under the auspices of the St. Petersburg International Economic Forum a number of agreements were signed between Gazprom Marketing & Trading (GM&T), Russian Maritime Register of Shipping (RS), JSC United Shipbuilding Corporation…
Drydocks World said that Floating Storage Re-gasification Unit (FSRU) Toscana sailed away from Drydocks World – Dubai. The unit, formerly the 138,830-cbm LNG carrier Golar Frost, has been under conversion since June 2009 at Drydocks world Dubai yard for contractor Saipem and owner OLT…
The IMO (International Maritime Organization) has chosen DNV to gather knowledge about the potential of LNG powered international shipping in the North American Emission Control Area (ECA) and identify the necessary conditions for the successful implementation of LNG as a fuel source in the region…
The first cargo was sold to Angola's state oil & gas company and is currently being shipped to Brazil by the LNG carrier 'SS Sonangol Sambizanga', one of seven 160,000 m3 LNG vessels that are under long-term charter to the Angola LNG project…
Teekay LNG Partners signs two, 5-year time-charter contracts with Cheniere Marketing to provide Liquefied Natural Gas (LNG) transportation services.The fixed-rate time-charter contracts will be serviced by the two 173,400 cubic meter LNG…
Linde North America will be presenting a paper at the first annual LNG for Marine Transportation USA conference. The event will focus on how to build an LNG fuel supply chain for the Marine Market. It is being held in Houston, Texas, on June 11-12…
Harvey Gulf International Marine CEO, Shane Guidry, announced that Harvey Gulf has secured plans to construct and operate the first LNG marine fueling facility in the United States, to be located at its vessel facility in Port Fourchon, La.…
TOTE, Inc. became the first U.S. company to take home the 'Next Generation Shipping' award at the recent Nor-Shipping 2013 expo.The Nor-Shipping 2013 Awards recognize achievement in three different but very important areas – energy efficiency…
