MOL Conducts LNG Bunkering at Nagoya Port
Japanese utility Toho Gas and shipping company Mitsui OSK Lines (MOL) carried out a demonstration test to supply liquified natural gas (LNG) to the to the tugboat Ishin at the Japanese port of Nagoya.This marked the first LNG bunkering in the Port of Nagoya, and the test confirmed that LNG can be safely supplied to vessels at the port.LNG was transported via truck from the Toho Gas Chita-Midorihama LNG Terminal (Chita-shi, Aichi Prefecture), and supplied with a truck-to-ship system to Ishin…
BAM Bags 2nd JV Contract in Canada
JGC-Fluor joint venture has awarded BJM the contract for the construction of the LNG Canada MOF, a material offloading facility to support the realization of a LNG export facility in Kitimat on the west coast of Canada, British Columbia (approximately 600 km north-west of Vancouver).BJM is a joint venture between BAM International (the operating company of Royal BAM Group active outside Europe), JJM Construction (Canada) and Manson Construction (USA).The project is part of the overall LNG Canada project.
Rotterdam Expects to See Rising LNG Bunker Demand
The Port of Rotterdam on Wednesday said it expects sales of liquified natural gas (LNG) as a bunker fuel to increase in the coming years as ships are forced to switch to cleaner sources of energy.Europe's largest sea port expects throughput of LNG as a bunker fuel to increase to around 30,000 tonnes this year, up from 9,500 tonnes in 2018, director Maud Eijgendaal told reporters."If we keep up this growth we can reach a million tonnes by 2025-2030, which would be around 10% of all bunker fuels sold in Rotterdam"…
China-led Consortium Bids for Cyprus LNG
The Natural Gas Public Company of Cyprus (DEFA) announced that a Chinese-led consortium has been chosen as the preferred bidder for the construction of a EUR 250 million liquified natural gas (LNG) import terminal and related infrastructure.The authorities announced that the consortium of JV China Petroleum Pipeline Engineering Co Ltd, AKTOR S.A. and METRON S.A., with Hudong-Zhonghua Shipbuilding Co. Ltd and Wilhelmsen Ship Management Limited has emerged as the preferred bidder…
Huge Increase in Arctic shipping
Data from Russia’s ports and Northern Sea Route show that the volume of goods being shipped out into the Arctic waterway are up by 25 percent 2018.According to information from the Russian Transport Ministry, a total of 92.7 million tons was handled by regional seaports, of which almost 70 percent was oil products and liquified natural gas.The biggest increases came in Sabetta, which sits on the icy Yamal Peninsula in the Kara Sea, according to Bellona. With Novatek’s $27 billion Yamal LNG project now in commercial production…
First LNG-Fueled Ferry in Mediterranean Starts Sailing
Spanish shipping company Baleària said its Hypatia de Alejandría, first liquefied natural gas (LNG)-fueled ferry on the Mediterranean, completed its first commercial trip between Barcelona and Palma.The ferry reached the Port of Barcelona last Sunday from Venice where the shipyard Cantiere Navale Visentini, where it was built, is located.The president of Baleària, Adolfo Utor, and the Chairwoman of Port of Barcelona, Mercè Conesa, exchanged metopes to commemorate the first port of call for the Hypatia de Alejandría at this port which…
Cruise Industry to Cut Carbon Emissions 40%
The Cruise Lines International Association (CLIA) announced an industry commitment to reduce the rate of the global fleet's carbon emissions 40% by 2030, from a 2008 baseline."We aspire to the International Maritime Organization’s vision of a carbon-free shipping industry by the end of the century," said Arnold Donald, global CLIA chairman and president and CEO, Carnival Corp. & plc. "Our commitment to a 40 percent reduction in the rate of emissions by 2030 is a strong first step…
Qatar to Invest USD 20 bln in US Energy Sector
Peninsular Arab country Qatar has said that it plans to invest more than $20 billion in the US energy sector over the next five years.According to a report in Reuters, minister of state for energy affairs of the energy-rich Qatar Saad Sherida Al-Kaabi, who is also the President & CEO of Qatar Petroleum, said he is looking to invest in US oil and gas sectors as well as unconventional resources.The report quoted Saad as saying: “North of USD20 billion will be invested over the…
MAN Cryo to Design, Deliver LNG Regasification Terminal
MAN Energy Solutions Takes Next Step in Developing Presence in Finland.MAN Energy Solutions has won the contract to design and deliver an LNG regasification terminal for the Forchem company in Rauma. Forchem, an innovative and industry-leading company producing chemical and Animal feed products from tall oil, has chosen to convert the boiler for generating steam for the refinery processin to natural gas/ bio-gas. MAN Energy Solution will deliver a tailor-made installation, including offloading skid for LNG trailers…
BAM International Begins Kitimat Wharf Contract
The Hague-based BAM International, together with JJM Construction (Canada) and Manson Construction (USA), has received the full order to build the new Rio Tinto BC Works Terminal A on behalf of LNG Canada.The mobilisation and construction works being carried out by BAM and its partners for the Rio Tinto Terminal A expansion have started. BAM expects to complete this project in Autumn 2020.The project is valued at CAD 135 million, with BAM’s share amounting to 50% and JJM and Manson covering the other 50%.
Besix completes construction of Bahrain LNG Import Terminal
Brussels-headquartered contracting giant Besix has completed the design and construction of Bahrain Liquefied Natural Gas (LNG) Import Terminal in Muharraq Island.The Bahrain LNG Import Terminal forms a vital part of the energy infrastructure of Bahrain as it provides the country with a secure supply of liquified natural gas to meet the country’s growth in demand for natural gas in order to fuel large industrial projects, to generate power and water, and for enhanced oil recovery.The…
Panama Canal Sets New Milestone with 3,000th Neopanamax Transit
Panama Canal announced the transit of its 3,000th Neopanamax vessel, exceeding initial traffic expectations by this date and reaffirming the value and impact its route has had on global maritime trade, said a press release on Friday (March 02). The Panamanian flagged containership MSC Caterina completed the milestone transit this morning traveling northbound from the Pacific to the Atlantic Ocean. The vessel measures 300 meters in length and 48 meters in beam, with a total TEU allowance (TTA) of 9,000 containers. It was one of nine Neopanamax vessels welcomed at the Panama Canal on Friday.
3,000th Neopanamax Transits Panama Canal
Today the Panama Canal announced the transit of its 3,000th Neopanamax vessel, exceeding initial traffic expectations by this date and reaffirming the value and impact its route has had on global maritime trade. The Panamanian flagged containership MSC Caterina completed the milestone transit this morning traveling northbound from the Pacific to the Atlantic Ocean. The vessel measures 300 meters in length and 48 meters in beam, with a total TEU allowance (TTA) of 9,000 containers. It was one of nine Neopanamax vessels welcomed at the Panama Canal today.
Gastrade Signs LNG Deal with State-owned DEPA
Greece's state controlled natural gas firm DEPA signed a cooperation agreement on Thursday with natural gas company Gastrade to participate in the development of a liquified natural gas terminal in northern Greece, DEPA said. Greece currently has one LNG terminal on an islet off Athens. Gastrade, part of Greek energy group Copelouzos, is planning a second LNG terminal near the northern city of Alexandroupolis. The project has been described as a 'project of common interest' by the European Union.
US LNG Going Global
The U.S. liquified natural gas (LNG) market is ripe with opportunity, according to American Action Forum (AAF). "When coupled with the tension surrounding Qatar (the largest exporter of natural gas in the world), this makes U.S. LNG production a very attractive option," said Kimberly VanWyhe is the Director of Energy Policy at the AAF. In 2016, LNG exports from the U.S. totaled 184,141 million cubic feet with a value of roughly $564 million. Currently the U.S. is exporting LNG to 23 out of 35 countries that can accept LNG transport vessels, a sharp change from this time last year.
Panama's Expanded Canal Attracts Biz and Tourists
Recent expansion of the Panama Canal should lower shipping costs, say market observers. Shipping geeks will delight at this engineering marvel that revolutionized global maritime trade. As a major Latin American hub of finance, commerce and transportation, the Panamanian capital is a growing destination for business travellers, says NZ Herald. For anyone looking to duck out of a convention centre for a few hours, fill a gap between meetings or even if you've just got a long layover at the airport…
French LNG Terminal Workers Plan to Strike
Workers at Elengy's three liquified natural gas (LNG) terminals in France have voted to stage two 24-hour strikes on Thursday and next Tuesday as part of nationwide protests against a labour reform bill, a CGT union official said on Wednesday. The strikes will halt unloading of LNG tankers and reduce production of gas for the grid to minimum levels, the official told Reuters. A previous stoppage last month had already disrupted activity at the terminals before unloading operations resumed last Friday, the official said.
Mangalore Port to Roll out LNG Terminal, Ro-Ro Service
India's New Mangalore Port Trust (NMPT) Chairman P.C. Parida said the port is confident of completing work on the proposed Liquified Natural Gas (LNG) terminal which shall be operational in 2017. NMPT is the first Indian port to start the Ro-Ro service from Mangaluru to Hazira port, he said. According to Parida, the LNG terminal will help provide clean fuel at cost-effective rates to citizens. Parida said the fire-fighting facilities at the port are being upgraded to handle VLGC (very large gas carrier) vessels. This shall be operational by September.
Cheniere Begins Production At Louisiana LNG Terminal
Houston-based Cheniere Energy Inc has began production at what will become the first U.S. terminal to export natural gas from shale formations. It has officially flipped the switch at its liquified natural gas (LNG) export terminal in Louisiana, bringing production online to fill its first LNG export cargo set for January 2016. According to Bloomberg, Cheniere Energy is receiving about 50 million cubic feet of natural gas a day. The company is chilling the natural gas into liquefied natural gas, and then storing it in tanks.
Shell to Retain Four Senior BG Execs post-Merger
Royal Dutch Shell plans to retain four members of BG Group's executive team after the companies' planned merger next year, according to an internal memo seen by Reuters on Monday. The memo indictates that the planned $70 billion takeover of BG by Shell remains on track. Shell this month sought to ease investor concerns over the deal by announcing costs cuts and benefits that would make it work despite lower oil prices. According to the Shell document, BG's Chief Operating Officer Sami Iskander will become executive vice president for joint ventures.
Egypt Picks 7 Winners in Tender for 55 LNG Cargoes
Seven companies reportedly met with Egyptian Natural Gas Holding Co. (EGAS) to discuss an liquified natural gas (LNG) tender, including: Vitol, Noble Group, Trafigura, EDF Trading, PetroChina, Shell and Gas Natural, reports Reuters. EGAS will buy 55 LNG cargoes from November this year to December 2016 through a tender it has agreed to with those seven different companies. Originally, only 45 LNG cargoes were to be delivered. The cargoes are expected to meet much of Egypt's near-term energy needs as the government tries to cope with an energy shortage.
World’s First LNG-Powered Containership Launched
General Dynamics NASSCO launched the 3,100 teu Isla Bella, the world’s first LNG-powered containership. More than 3,400 shipbuilders, their families, and others attended the special event at the San Diego-based shipyard. After christening by Sophie Sacco — wife of Michael Sacco, president of the Seafarers International Union — the 754-foot-long Isla Bella slid into San Diego Bay on the high tide at 9:10 p.m. Fireworks erupted as the ship floated. The containership, part of a two-ship contract, was built for TOTE at what is the last major yard still in existence on the US west coast.
Rolls-Royce VP Shares His Views on Alternative Fuels
Experts predict the internal combustion engine will not lose its dominant position any time soon, but developing engines to meet ever tighter emission limits is costly. So what role are alternative fuels likely to play in the future? Oskar Levander, VP Innovation, Engineering and Technology at Rolls-Royce Marine shares his views. Although nobody can predict how long our oil reserves will last, we can forecast with certainty that demand for it, and with it the price, will continue to stay high. For vessel operators fuel now makes up an increasing proportion of costs.
LNG as the Ultimate Solution? Not so fast …
Debating the merits of LNG as the preferred marine fuel; should you wait or dive right in? It’s much more complicated than you think. The case for the use of Liquified Natural Gas (LNG) as marine fuel has been building steadily and has now achieved a position in the commercial propulsion equation. A quick check of the global fleet lists 30 vessels built and operating on LNG and a backorder list of another 40 in the pipeline. Global classification society DNV predicts that by 2030, up to 45% of vessels will be fueled by LNG.
Incat LNG Ferry a World First
Australian shipbuilder Incat Tasmania Pty Ltd launch world’s first high speed passenger Ro-Ro ship powered by LNG (Liquified Natural Gas). The vessel will be the first installation of LNG powered dual fuel engines in an Incat high speed ferry, and the first high speed craft built under the HSC code to be powered by Gas Turbines using LNG as the primary fuel and marine distillate for standby and ancillary use. The new ship has been moored alongside the Incat shipyard wharf on Prince…