North American energy infrastructure company Sempra Energy and Saudi Aramco's Aramco Services Company, signed an Interim Project Participation Agreement for the Port Arthur LNG export project under development in Jefferson County, Texas.According to a press release…
Global miner BHP Group may award contracts worth close to $1bln to companies bidding to build the world’s first fleet of bulk ships fueled by liquefied natural gas (LNG).According to a report from the Sydney Morning Herald, the contracts could…
Affinity (Shipping) LLP, a shipbroker, said this week in a statement it had facilitated the first trades in CME Group's liquefied natural gas (LNG) freight futures contracts.The trades involved French energy major Total and commodities trader…
Mitsubishi Shipbuilding Co., Ltd. signed a contract with Mitsui O.S.K. Lines (MOL) to build two LNG-fueled ferries, the first such project in Japan. These vessels will be built at the Shimonoseki Shipyard & Machinery Works, with deliveries scheduled for the end of 2022 to early 2023…
Japanese shipping giant Mitsui O.S.K. Lines has signed its first green loan, which it plans to use to partially finance the construction of the world's largest liquefied natural gas bunkering vessel (LNGBV).The 18,600 cubic meters (cbm) LNGBV for Total will be owned and operated by MOL…
Norway-based shipowner Flex LNG announced that it has entered into a new time charter with the Spanish utility Endesa for the vessel Flex Ranger.Endesa is a leading company in the Spanish electricity sector and the second largest operator in…
Global leader in offshore wind Ørsted A/S has signed an agreement to divest its liquefied natural gas (LNG) business to the leading global natural resources company Glencore.According to the Denmark's largest energy company, Ørsted entered into…
Carnival Corporation has announced it has joined the Getting to Zero Coalition.Carnival Corporation is the first cruise company to join the global alliance.The coalition’s goal aligns with the International Maritime Organization’s (IMO) strategy…
GasLog signed an Export Credit Agency-backed debt financing of $1.05 billion with 12 international banks for its current newbuilding program.The LNG carrier owner and operator has seven LNG carriers on order at South Korean shipyard Samsung Heavy Industries (SHI)…
CMA CGM's Containerships has announced delivery of its fourth container ship powered by liquefied natural gas (LNG), the 1,380-TEU Containerships Arctic.After the introduction of its three sister ships, the CMA CGM Group took delivery of the Containerships Arctic…
In December Nauticor's “Kairos” received the first license to conduct LNG ship-to-ship bunkering operations in the port of Rostock. The long-term permit was issued by the port authority of Rostock.The permit to conduct ship-to-ship LNG bunkering…
South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering Co (DSME) said that it has secured a US$380 million order to build three vessels from Angelicoussis Shipping Group (ASGL), the Greek provider of marine shipping services…
Saudi Aramco's shipping arm Bahri has issued an expression of interest (EOI) to charter up to 12 liquefied natural gas (LNG) tankers from 2025, its first foray into the superchilled fuel, industry sources said on Monday.No further details were…
DNV GL entered into a Joint Development Project (JDP) with Huangpu-Wenchong Shipbuilding Company (HPWS) on a 5,000 TEU LNG dual-fuel containership. Wu Ronghui, HPWS Deputy Chief Engineer, and Falk Rothe, Head of DNV GL’s Technical Center China…
Finish shipbuilder Meyer Turku delivered liquefied natural gas (LNG)-fuelled Costa Smeralda to Italian owner Costa Cruises, a brand of Carnival Corporation.The brand's new flagship Costa Smeralda becomes Carnival Corporation's fourth new ship of 2019 and its second LNG-powered ship…
