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Monday, March 25, 2019

Natural Gas News

Lena River. Pic: Dynagas LNG Partners

Dynagas Vessel Employment Almost Full

Monaco-headquarters Dynagas LNG Partners said that it had estimated contracted time charter coverage for 98% of its fleet estimated available days for 2019, 100% of its fleet estimated Available Days for 2020 and 92% of its fleet estimated Available Days for 2021.As of March 21, 2019, the Partnership’s contracted revenue backlog estimate  was $1.38 billion, with an average remaining contract term of 9.5 years, the Liquefied Natural Gas (LNG) maritime transportation company said.

Photo Credits: Nauticor

LNG Bunkering: World's Largest Starts Ops

On March 15, 2019, the world’s largest bunker supply vessel (BSV) for liquefied natural gas (LNG) Kairos conducted the first LNG bunker supply operation for the newbuild ferry MS Visborg at the ferry pier of the port of Visby.The bunker operation puts into practice the contract for the supply of LNG, which was signed by Nauticor, a leading supplier of LNG as marine fuel, and Destination Gotland, the owner and operator of the new ferry, in December 2017 and enables the ferry to…

Matson, Inc. and Philly Shipyard, Inc. (PSI) christened the second of two Aloha Class containerships built for Matson in a ceremony at Philly Shipyard on Saturday, March 9.  Photo: Matson & Philly Shipyard

Matson Christens 'Kaimana Hila'

Largest Containership Built in U.S. Will Serve HawaiiMatson, Inc. and Philly Shipyard, Inc. (PSI) christened the second of two Aloha Class containerships built for Matson in a ceremony at Philly Shipyard on Saturday, March 9. Dubbed Kaimana Hila, it is the sister ship to Daniel K. Inouye, which entered service in November of 2018. "Kaimana Hila" is a Hawaiian transliteration for "Diamond Head," the name of Hawaii's iconic landmark crater near Waikiki Beach. The ships cost $418 million for the pair…

 Pic: GasLog Partners

GasLog Acquires Glasgow

The liquefied natural gas (LNG) carriers  operators GasLog Partners and  GasLog announced that the Boards of Directors of both companies and the Conflicts Committee of GasLog Partners have approved entering into an agreement for the Partnership to purchase from GasLog 100% of the shares in the entity that owns and charters the GasLog Glasgow.According to a press release from the company, the aggregate purchase price for the Acquisition will be $214 million, which includes $1 million for positive net working capital balances to be transferred with the vessel.

Marshall Islands-flagged LNG carrier ‘LNG/C Golar Snow’  (Photo: GAC Group)

GAC Handles First Tanker at New LNG Terminal

GAC has handled the first tanker to berth at the newly constructed Liquefied Natural Gas (LNG) terminal inside Kamarajar Port, Ennore in Chennai, India. The Marshall Islands-flagged LNG carrier ‘LNG/C Golar Snow’ was carrying the first consignment of 78,037m³ of LNG from Ras Laffan in Qatar for the commissioning of the terminal.Agency operations were overseen by Captain Srinivasan Sethumadhavan, General Manager of Shipping Services at GAC’s Chennai Office, who is optimistic about…

Adam Goldstein (Photo: CLIA)

Global Cruise Industry Out in Front on Sustainability

The Cruise Lines International Association (CLIA) has underscored the global cruise industry’s commitment to sustainability work in keynote speeches delivered by CLIA Chair Adam Goldstein to The Economist’s 2019 World Ocean Summit in Abu Dhabi, and in Berlin at ITB, a leading travel trade show.In his remarks, Goldstein highlighted the importance marrying growth opportunities with sustainability: “The water around and below us, the air above us, the communities around us, the people who work for us…

Photo: NYK

NYK Bags Environment Award

Tokyo-headquartered shipping and logistics company Nippon Yusen Kaisha (NYK) has received the Ministry of Environment Award in the Japan Green Innovation Department at the Japan Green Bond Awards sponsored by Japan’s Ministry of the Environment, which is promoting green bond to address environmental issues.A ceremony was held on March 1 and attended by Katsuya Nakano, general manager of NYK’s Finance Group, said a release from the global transportation company.The Japan Green Bond Awards recognize outstanding initiatives in the issuance of green bonds…

© Carsten Reisinger / Adobe Stock

Philippines Greenlights LNG Terminal Project

Philippine power producer First Gen Corp said on Friday it has learned that the Department of Energy has approved its application for a Notice to Proceed (NTP) for the construction of its FGEN Batangas LNG Terminal Project.First Gen, which operates four power plants with a combined capacity of 2,000 megawatts running on the Philippines' Malampaya natural gas, said it has yet to received a formal notice from the DOE on the issuance of NTP.First Gen, with Tokyo Gas Co Ltd as its LNG partner, is seeking to ensure availability of imported gas for its power plants ahead of Malampaya's depletion pos

© Pavel Losevsky/AdobeStock

IMO 2020: Fujairah Offers Clean Fuel

The Port of Fujairah in the UAE, one of the world's largest bunkering hubs, has begun offering cleaner marine fuel oils that comply with stricter global emissions rules which come into effect at the start of 2020, a port document showed.Bunker fuel with a maximum 0.5 percent sulfur content are "available in Fujairah as early as February 2019 onwards," said a notice to mariners posted on the Port of Fujairah's website. To comply with IMO 2020 rules, shippers can switch to burning cleaner but more expensive oil…

Image: Höegh LNG

Höegh LNG Doubles Profit

Hoegh LNG, a provider of floating liquefied natural gas (LNG) services under long-term contracts, reported a profit after tax of $ 44.98 million for the quarter and year ended 31 December 2018, compared to $ 19.96 million in the same period in 2017.The floating storage and regasification unit (FSRU) provider which owns and operates a global fleet of 10 floating LNG import terminals, said in a stock exchange annoucement that its total income reached $122 million for the quarter under review, which compares to $82.3 million in the previous quarter.The president and CEO of Höegh LNG Sveinung J.S.

© Anatoly Kolodey / Adobe Stock

Venture Global Gets LNG Export Approval from US

Venture Global LNG said on Tuesday it had received approval to export liquefied natural gas (LNG) from its Louisiana facility to non-free trade agreement countries.The company said the U.S.

Securing, Enhancing America’s Ports & Supply Chain

The American Association of Port Authorities and its membership recently looked ahead at the challenges and opportunities facing the Port Security Grant Program.In its annual “State of Freight” series, AAPA has highlighted the transportation infrastructure needs of U.S. ports, state transportation agencies and multimodal projects. In this final report in the State of Freight series, AAPA turns to the vital role that security infrastructure plays in moving goods.In 2002, Congress…

Image: Carnival Corporation

Scrubber Safe for Environment: Carnival

Carnival Corporation has released the results of an independent, two-year scientific scrubber wash-water study.The study shows the company’s advanced air quality systems (i.e. scrubbers) are in compliance with the International Maritime Organization’s (IMO) 2020 requirements, which include regulations for cleaner air emissions and strict wash-water quality standards.The study also concluded that the wash-water samples from scrubbers were below the limits set by several major national and international water quality and land-based water discharge standards…

Pic: SEA\LNG

SEA\LNG Welcomes Vancouver Fraser Port

The Vancouver Fraser Port Authority has joined SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel. Vancouver Fraser Port  is the first North America port member to join the industry group.The Vancouver Fraser Port Authority is the federal agency of the Port of Vancouver, Canada’s largest port, and the fourth port member to join the coalition, alongside Port of Rotterdam, Yokohama-Kawasaki International Port Corporation (YKIP), and most recently the Maritime and Port Authority of Singapore (MPA).

© Mark Rubens / Adobe Stock

Anadarko Nearing FID for Mozambique LNG

U.S. independent energy producer Anadarko moved closer to a final investment decision (FID) to build a giant liquefied natural gas (LNG) terminal in Mozambique after signing up an Indian buyer for the gas and saying another deal was imminent.Anadarko and Exxon Mobil are expected to sanction two separate but neighboring LNG projects in Mozambique this year after finding large offshore gas deposits, turning the African nation into a major global gas exporter.The company said on…

Pic: APM Terminals

APM Terminals Barcelona Cuts CO2

The electrical capacity of the APM Terminals Barcelona has also been improved, leading to a reduction in CO2 emissions of 600 tonnes per annum, said the international container terminal operating company headquartered in The Hague.As part of a broader Port of Barcelona’s programme for alternative fuel use, APM Terminals is also working with LNG services provider HAM, technology provider IDIADA and Naturgy Iberia, on a pilot to convert an existing straddle carrier to natural gas.Natural gas burns a lot more cleanly and efficiently than diesel.

Image: Venture Global LNG

FERC Approves Venture Global LNG Terminal

The Federal Energy Regulatory Commission (FERC) cleared Venture Global Calcasieu Pass LLC’s proposed liquefied natural gas export project in Cameron Parish, Louisiana, marking the first authorization in two years for a new LNG export facility.Venture Global LNG Inc. said it will start construction immediately on its $5 billion Calcasieu Pass liquefied natural gas export terminal in Louisiana. FERC also cleared  TransCameron Pipeline LLC’s associated natural gas pipeline."With our FERC order in hand and our project contracted with binding 20-year sale and purchase agreements (SPAs) with Shell…

Image: Costa Cruises

Costa Cruise Gets Her Funnel

Costa Smeralda will enter service in October 2019 and will be the first cruise ship for the world market fuelled by LNG, the “cleanest” fossil fuel in the world.Construction of the Costa Smeralda, the new flagship of the Costa Cruises fleet, is inching closer to completion ahead of her October delivery from Meyer Turku in Finland.The characteristic yellow funnel with the blue “C”, which has identified all the Italian company’s ships for the last 70 years, has now been installed.The…

Image: Vopak LNG Holding B.V.

German LNG Terminal Signs New Pact

German LNG Terminal GmbH, the joint venture driving forward Germany’s first LNG terminal in Brunsbuettel, has reached another long-term commercial capacity agreement with an unnamed global LNG player.The gas infrastructure company consisting of N.V. Nederlandse Gasunie (Gasunie), Oiltanking GmbH and Vopak LNG Holding B.V said in a press release that the parties agreed on the commitment of a substantial part of the terminal capacity.Negotiations with other interested parties are ongoing.

Image: NAPA

INPEX Selects NAPA for LNG Carrier Fleet

Japan's largest oil and gas exploration and production company INPEX Corporation has installed ClassNK-NAPA GREEN for monitoring operations on three of its liquefied natural gas (LNG) carriers.NAPA said that Inpex awarded a deal to the company for the provision of a solution for monitoring and follow-up of ship operations on two LNG carriers built to service the Ichthys project and one LNG carrier for Shell’s Prelude FLNG project.With the core motivation of accurately verifying the technical performance of these highly complex carriers…

Aerial photography of a transshipment operation at Montoir-de-Bretagne terminal

Elengy LNG Terminal Hit Records in 2018

Elengy, a unit of the French energy company and LNG player Engie, reported record activities at its liquefied natural gas (LNG) terminals during 2018.The French LNG operator said in a press release thatits Montoir-de-Bretagne terminal also reached a number of milestones during the year. Elengy and its subsidiary Fosmax LNG berthed 215 vessels  at its facilities, with 106 TWh of natural gas delivered to the transmission network, a 13 percent jump on 2017 figures, it said.It reported…

Image: Nakilat

Milaha Ups Stake in Nakilat

Qatar-based maritime transport and logistics company  Qatar Navigation (Milaha) has increased the company’s stake in compatriot liquefied natural gas (LNG) shipping giant Nakilat.Qatar Shipping Company, a subsidiary of Milaha, has entered into an agreement for acquiring the entire stake of Qatar Investment Authority in Qatar Gas Transport Company Ltd (Nakilat) representing 5.9% of Nakilat’s share capital.The Sale and Purchase Agreement was conditional on obtaining the consent…

Image: Port of Rotterdam

Porthos CCUS Project Getting Ready

Port of Rotterdam Authority, Dutch natural gas infrastructure and transportation company  Gasunie and Energie Beheer Nederland (EBN) are preparing a CCUS (Carbon Capture Usage and Storage) project, in which CO₂ from industry will be transported to storage sites in depleted gas fields deep beneath the North Sea seabed.The three companies are working together on the preparation of this project under the name Porthos: Port of Rotterdam CO₂ Transport Hub & Offshore Storage.The Porthos…

Image: Port of Zeebrugge

Gas4Sea, Equinor in LNG Bunkering Pact

Marine LNG Zeebrugge, a joint venture of the Gas4Sea partners - ENGIE, Mitsubishi Corporation and NYK - has signed an agreement with the Norwegian multinational energy group Equinor.Under the agreement, Marine LNG Zeebrugge will supply liquefied natural gas as a marine fuel to Equinor’s four crude shuttle tankers in the Dutch port of Rotterdam.The four planned dual fuel vessels are to come into service in early 2020; they will be operated by Equinor in Northern European seas.Marine LNG Zeebrugge will supply LNG using the LNG bunkering vessel ENGIE Zeebrugge which started operations in 2017.

Shell LNG-bunkership Cardissa. Pic: Port of Rotterdam

LNG Bunkering Takes Off in Rotterdam

The throughput of LNG - liquefied natural gas - as bunker fuel in the Rotterdam bunker port increased considerably from 1,500 to 9,500 tonnes in 2018.Meanwhile, the sale of bunker oil - fuel for shipping - in the bunker port decreased from 9.9 million m3 to 9.5 million m3. The decrease can almost entirely be ascribed to the decline in sales of heavy fuel oil from 8.3 million m3 to 7.9 million m3.The Port of Rotterdam Authority suspects that the decline in bunker volumes in Europe’s largest bunker port is a consequence of the increased scale and use of modern vessels in container shipping.

The ship, crew, terminal team and Crowley.

Crowley Christens LNG-Powered M/V Taíno

Event heralds new era of world-class supply chain service. Crowley Maritime Corp. christened the U.S.-flag combination container/roll on-roll off (ConRo) ship MV Taíno today in San Juan, where the company’s investments have ushered in a new era of world-class supply chain services in the U.S. mainland-Puerto Rico trade. Clara Crowley, daughter of Chairman and CEO Tom Crowley and board member Christine Crowley, served as the ship’s sponsor and broke the ceremonial bottle of champagne on the bow of MV Taíno at the company’s Isla Grande Terminal before several hundred employees…