Lng News

 

Rolls-Royce, Baleària to Partner in LNG Conversion Project

Jun 04, 2013

Rolls-Royce Plc signed a memorandum of understanding with Spanish shipping company Baleària to design gas-powered propulsion systems for three of the company’s high-speed ferries, which currently run on diesel.Baleària, which operates ferry…

LNG 'Pea Pod' Carrier Order for MHI

Jun 04, 2013

Mitsubishi Heavy Industries to build a 7th pea-pod superstructure shape 'Sayaendo' LNG carrier for a 'K' Line/INPEX subsidiary joint venture.Sayaendo series ships feature a unique structure that integrates the LNG tank cover with the ship hull…

APT Contracts NASSCO to Build Four Tankers

May 31, 2013

American Shipbuilder General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, announced that it has entered into a contract with an affiliate of American Petroleum Tankers (APT), a company majority owned by funds managed by Blackstone on behalf of its investors…

LNG Carrier Contracts ABB for $40 million

May 31, 2013

ABB contracted to provide energy-efficient and environmental friendly solution for four LNG vessels to be built in Korea.Total orders in the first quarter of 2013 landed by ABB, worth close to $40 million, came from three gas transportation…

Maersk Tankers Sells its Entire VLGC Fleet

May 30, 2013

Maersk Tankers exits Very Large Gas Carrier (VLGC) segment by selling its  fleet to the BW Group.The BW Group buys Maersk Tankers five owned vessels and takes over the five existing time charter commitments, which Maersk Tankers explains is…

New LNG Bunker Fuel Technical & Safety NGO Formed

May 30, 2013

The Society For Gas as a Marine Fuel (SGMF) is launched as new Non-Governmental Organisation to enhance safety and best practices in the use of LNG as a ship fuel.Following a decision to proceed by the Board of Directors of the Society of…

Moody's Assess MISC Q1 2013 Results

May 27, 2013

MISC Berhad results were slightly lower than the quarter ending December 2012 but were in line with its expectation.For the quarter ending March 2013, MISC reported a marginal 2.3% increase in its revenue from the December quarter mainly due…

St. Lawrence Seaway LNG Dual-fuel Ferries Ordered

May 27, 2013

Chantier Davie Canada contracted to build two dual-fuel Ro-Pax ferries for La Société des traversiers du Québec.The two dual-fuel LNG Ro-Pax ferries will operate on the St. Lawrence River on the Tadoussac-Baie-Sainte-Catherine route and are due to enter service in 2015…

U.S. DofE Likely to Grant More LNG Export Permits

May 24, 2013

The Department of Energy is likely to approve additional permits this year to companies looking to export liquefied natural gas more broadly, reports Market Watch, citing Morgan Stanley.Freeport LNG has recently received DOE approval to export…

New Canadian LNG Terminal Becoming Real

May 22, 2013

Pacific Northwest LNG awards FEED contract, takes next step toward an LNG export terminal island on Lelu Island, near Port Edward.The front-end engineering and design (FEED) contract will see three firms working together to design the terminal…

China Shipyard Contracted to Build LNG Carrier

May 21, 2013

COSCO Corporation (Singapore) subsidiary COSCO (Dalian) Shipyard secures the RMB 500-million contract.The order from an unnamed Chinese shipowner is to build a 28,000 cu.m capacity LNG carrier.The vessel is scheduled for delivery in the…

IMO MEPC Implements Further Energy Efficiency

May 21, 2013

The Marine Environment Protection Committee (MEPC) of the International Maritime Organization (IMO) met for its 65th session from May 13-17 2013, at IMO Headquarters in London. The committee made significant progress in its work on further developing energy-efficiency regulations…

Middle East Natural Gas Firm, DANAGAS, Reports Strong Growth

May 14, 2013

Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, announces financial results for the first quarter ended 31 March 2013.Financial highlights:•    Net profit of AED 241 million, up 17% year-on-year•    Production of 61…

Crowley Enters LNG Market

May 08, 2013

Crowley Maritime Corporation's petroleum services group is entering the Liquefied Natural Gas (LNG) market by acquiring Carib Energy LLC.  Florida-based Carib Energy, founded in 2011, was the first company to receive a small scale, 25-year, LNG export license from the U…

Interlake Steamship to Convert Lakers to LNG

May 08, 2013

Interlake Steamship moves toward upgrading its fleet to energy efficient, more environmentally friendly LNG fuel.The company has announced that it has reached an agreement in principle with Shell to supply liquefied natural gas (LNG)  to support…

Logistics News

Great Lakes Limestone Trade Up in June

Great Lakes Limestone Trade Up in June

Consilium Safety Group Appoints New Chairman of the Board

Consilium Safety Group Appoints New Chairman of the Board

AAL Shipping Unveils Sixth Heavy Lift Super B-Class Vessel

AAL Shipping Unveils Sixth Heavy Lift Super B-Class Vessel

MDL Leases Land for Peterhead Offshore Project Support Site

MDL Leases Land for Peterhead Offshore Project Support Site

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