Lng News

 

Balearia’s 1st LNG-Fueled Ferry Hits the Water

Apr 02, 2018

Spanish shipping company Baleària Eurolínias Marítimas (Balearia)’s first of two liquefied natural gas (LNG)-fuelled ferries, Hypatia de Alejandría, has been floated out at the Italian shipyard Cantiere Navale Visentini. The first ferry named Hypatia de Alejandría was launched on March 30…

Port Canaveral: Leveraging the Past, Building for the Future

Apr 02, 2018

The East Coast’s most diversified cruise port is poised for an exciting run at the future. Almost 38 years ago, Port Canaveral, Florida had some minor cargo traffic, a large U.S. Navy presence, some submarines, and was homeport to an obscure…

Hapag-Lloyd to Unveil Plan for 2020 Fuel Regs in 2018

Mar 28, 2018

German shipping company Hapag-Lloyd plans to give details within three to six months on compliance with tighter shipping fuel regulations that will kick in from 2020, its chief executive Rolf Habben Jansen said on Wednesday. The International…

GasLog Partners Signs Multiple New Charter Agreements

Mar 25, 2018

GasLog Partners has announced  that it has entered into agreements with a new customer for two new charters plus options for an additional two charters.  The agreements include an approximately three and a half year charter for GasLog Santiago…

Cepsa Debuts South Europe's First Multi-product LNG Supply Vessel

Mar 22, 2018

Cepsa presented in the Port of Huelva the first multi-product marine fuel supply vessel in southern Europe. The vessel, based in the port of Huelva, will provide ship to ship Liquefied Natural Gas (LNG), in addition to traditional fuels: fuel oils and diesel…

US LNG Firms Lament Bad Timing of Tariffs, China Trade Spat

Mar 22, 2018

The Trump administration's planned steel tariffs and a potential trade battle with China could hurt U.S. liquefied natural gas companies just as a new wave of developments in the fast-growing market is gaining steam, company executives say. China is the fastest growing major buyer of LNG…

GasLog Partners Acquires GasLog Gibraltar

Mar 21, 2018

GasLog Partners has agreed to acquire GasLog Gibraltar from GasLog (GLOG) for USD 207 million and to fully repay its USD 45 million unsecured term loan from GLOG. GasLog Partners and GasLog announced that they have approved entering into…

S.Korea Fuel Oil Imports Soar

Mar 14, 2018

South Korea's move to shut coal-fired generators to control air pollution at the same time as nuclear reactors are going into scheduled maintenance is resulting in surging fuel oil imports, as utilities burn the dirty feedstock to meet power demand…

DNV GL Opens LNG Test Center

Mar 14, 2018

DNV GL opens LNG test center. The facility, at the organization’s existing renewable energy technology and gas laboratory site is the first type of facility with a capacity compatible for the downstream sector. Its capacity is up to 250kg of…

$3 Bln LNG-to-power Project Planned in Bay of Bengal

Mar 13, 2018

Bangladesh's Summit Power International said on Tuesday it signed a memorandum of understanding with Japan's Mitsubishi Corp and subsidiary Diamond Gas International to develop a $3 billion LNG-to-power project. Under the MoU, subsidiary Summit Corp…

Seaspan Shipyards Gets Orders for LNG Vessel Engine Conversions

Mar 12, 2018

Seaspan Shipyards demonstrates its capabilities with liquefied natural gas (LNG) vessel engine conversions in the wake of a major project milestone. Victoria Shipyards (VSL) was selected by TOTE Maritime Alaska to carry out the yard production…

Panama Canal gears for LNG Boom

Mar 07, 2018

As the Panama Canal prepares to welcome its 300th LNG vessel transit in March 2018, there will be two things of which I am certain. First, we’ve enjoyed considerable progress since the first LNG vessel entered our waterway and, second, the future of this burgeoning segment couldn’t be brighter…

First LNG from Cheniere US to GAIL India

Mar 06, 2018

Cheniere Energy and GAIL (India) today marked the commencement of their 20-year Sale and Purchase Agreement (SPA) to supply U.S.-sourced liquefied natural gas to India from Cheniere’s Sabine Pass liquefaction facility in Louisiana, with one of GAIL’s first shipments departing from the facility…

Nakilat, Maran Ventures JV adds two vessels

Mar 03, 2018

Nakilat has expanded its joint venture partnership with Greek shipping company Maran Ventures Inc., to include two additional LNG vessels.Maran Nakilat Co. Ltd. was first established in 2005 with four jointly-owned LNG vessels, and was further expanded on several occasions…

Golar LNG Partners Updates on Acquisitions

Feb 28, 2018

Golar LNG Partners announced that it had entered into an agreement to acquire an equity interest in FLNG Hilli Episeyo last year.   Equivalent to 50% of the two contracted liquefaction trains, out of a total of four, the common units also…

Logistics News

Baltic Index Rises on Large Vessels

Baltic Index Rises on Large Vessels

Panamanian President Meets with Japanese Shipowners to Share New Ship Registry Strategy

Panamanian President Meets with Japanese Shipowners to Share New Ship Registry Strategy

Russian Oil takes the Northern Sea Route to Brunei

Russian Oil takes the Northern Sea Route to Brunei

Canada's July Trade Deficit Narrows as Exports to the US Rise

Canada's July Trade Deficit Narrows as Exports to the US Rise

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