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MAGNOLIA MARINE TRANSPORT

SK E&C Awarded Contract for Magnolia LNG

SK-EC awarded EPC contract for Magnolia LNG

  Liquefied Natural Gas Limited informs that its wholly owned subsidiary, Magnolia LNG LLC (MLNG) has agreed to an EPC contract with SK E&C USA (EPC Contract) in relation to the Company’s Magnolia LNG Project.  The Contract covers the initial 4 mtpa LNG installation, comprising two LNG trains, each with a LNG design capacity of 2 mtpa, two 160,000m3 storage tanks, a jetty and ship loading facility and related infrastructure, and all required approvals and licenses for the full 8 mtpa project. An additional two x 2 mtpa trains (Trains 3 & 4) are planned to follow the initial 4 mtpa installation. The EPC Contract, which is a Lump Sum Turn Key model, has now been forwarded to BNP Paribas, MLNG’s project finance adviser, Merlin Advisors LLC, the lenders’ technical consultant, and legal advisors White and Case for final review.  The finance adviser review aims to ensure third party acceptability of all proposed EPC Contract provisions to enable MLNG financial close consistent with project timelines.  The EPC Contract has also been forwarded to Stonepeak Partners LLC, the proposed Magnolia LNG Project Equity partner, for their final review together with its advisers. Execution of the EPC Contract is planned for later this month, subject to LNGL Board approval. The capital cost for the initial contracted work totals $1


Magnolia LNG Receives Final FEIS

Maurice Brand is the founder, Managing Director and Chief Executive Officer of Liquefied Natural Gas Limited Photo LNG

Liquefied  Natural  Gas Limited and Magnolia LNG LLC (Magnolia) announced that the United States Federal Energy Regulatory Commission (FERC) issued the Final Environmental Impact Statement (FEIS) for the Magnolia LNG (MLNG) project in Lake Charles, Louisiana, and the associated Kinder Morgan Louisiana Pipeline (KMLP) Lake Charles Expansion Project on 13 November 2015.  Issuance of the FEIS represents the culmination of FERC Staff’s environmental and safety review of


Barge Partially Sinks

The AP has reported that a barge hauling 800,000 gallons of liquid asphalt that strayed from its tow has partially sunk to the river bottom, according to the Coast Guard. The Coast Guard said the barge doesn't seem in danger of breaking. The river current has pushed the 80-foot barge sideways against a railroad bridge near downtown Louisville. Nauert said the barge is believed to be stable. The barge was one of three that got away from their tow Thursday when a connecting cable broke or


Gulf Companies Brace for Hurricane Dean

Oil and natural gas producers were evacuating offshore workers and shutting small amounts of production over the weekend as they watched powerful Hurricane Dean storm across the Caribbean Sea toward an entry into the Gulf next week. Forecasts and computer models point Dean away from the paths taken by 2005's devastating hurricanes Katrina and Rita through offshore oil production areas and onshore refining centers.


Boskalis's Dockwise Bag Heavy Lift Contracts

Dockwise Vanguard at work: Photo courtesy of Boskalis

Royal Boskalis Westminster N.V. (Boskalis) announces that Dockwise has recently been awarded numerous new contracts valued at US$175-million for heavy marine transport as well as transport and installation (T&I) services. Various short term heavy marine transport contracts were acquired, primarily for the transportation of jack-up rigs, and all due to commence in the next couple of months. Included in these contracts is the transportation of large


LNG Finalizes Acquisition of Bear Head LNG Project

Logo

  Liquefied Natural Gas Limited today informed having finalised the acquisition of 100% of Bear Head LNG Corporation (BHLC). This follows the announcement to the ASX by LNGL on 28 July 2014 regarding the signing of an agreement to acquire BHLC from a subsidiary of Anadarko Petroleum Corporation (Anadarko) for US$11.0 million, and the satisfaction of standard closing conditions and consents. This acquisition of BHLC is in line with LNGL’s strategy of acquiring sites in North


Marine Polluter Gets Fined

A Newfoundland and Labrador provincial court judge has ordered the Motor Vessel (MV) Project Europa to pay a $70,000 penalty for violations of the Canada Shipping Act associated with the unlawful discharge of an oily substance into Canadian waters. On August 23, 2003, a Government of Canada marine pollution surveillance flight detected a slick in the wake of MV Project Europa, a cargo ship registered in the Netherlands and owned by Biglift Goedkoop B.V.of Amsterdam


$70,000 Fine for Marine Polluter

A Newfoundland and Labrador provincial court judge has ordered the Motor Vessel (MV) Project Europa to pay a $70,000 penalty for violations of the Canada Shipping Act associated with the unlawful discharge of an oily substance into Canadian waters. On August 23, 2003, a Government of Canada marine pollution surveillance flight detected a slick in the wake of MV Project Europa, a cargo ship registered in the Netherlands and owned by Biglift Goedkoop B.V.of Amsterdam


Companies Align to Form Taipei Port Consortium

Taiwan's Evergreen Marine forged an alliance with three local counterparts on Friday to bid jointly for a container port project in Taipei Harbor. Evergreen Marine, Yang Ming Marine Transport Corp., Wan Hai Lines and Evergreen Transport said in a joint statement they would set up the Taipei Port Consortium to issue the bid. Evergreen Marine and Evergreen Transport, members of the giant Evergreen transportation conglomerate, would own a combined 50 percent of the new company


Canadian Tour Boat Sinks

Canadian Transport Minister David Collenette released the following statement concerning the sinking of the tour boat Lady Duck, which resulted in the deaths of four passengers. The accident happened in the late afternoon of June 23, 2002, on the Ottawa River. “I would like to convey my condolences to the families and friends of those who died in this tragic accident. “We are cooperating fully with the Transportation Safety Board’s (TSB) investigation


Bronson Hsieh Leaves Evergreen to Head Yang Ming

Bronson Hsieh. Pic by  Evergreen Group

 Evergreen Group vice chairman Bronson Hsieh has been appointed chairman of rival Taiwan carrier Yang Ming Marine.   Yang Ming Marine Transport, the nation’s second-largest container shipper in terms of fleet size, approved Hsieh’s appointment, reports said.  


Promoting National Maritime Transport Policy in Saint Lucia

Photo: International Maritime Organization (IMO)

 A national workshop in Saint Lucia has brought together participants from various Government bodies and other stakeholders to discuss the development of a national maritime transport policy.    The workshop is aimed at highlighting the promotion and development of such a policy


Admiral of the Ocean Sea Award Recipients Named

Clockwise (from top left) Arthur E. Imperatore, Christopher Wiernicki, and Donald Marcus, Photo USS

The United Seamen's Service (USS) 2016 Admiral of the Ocean Sea Awards (AOTOS) will be presented to Arthur E. Imperatore, Founder and President of New York Waterways; Donald Marcus, President of the International Organization of Masters, Mates & Pilots; and Christopher Wiernicki


Conrad Shipyard Forms LNG Business Unit

Conrad LNG Vice President Brett Wolbrink (Photo: Conrad Shipyard)

Conrad Shipyard has formed a new business unit focused on LNG projects.   Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery, said it continues to actively pursue other LNG opportunities, including developing designs for additional transport barges


Gard Alert: Yemen – New Port Clearance Procedures

Map: Gard

 After 5 May 2016, companies responsible for shipping commercial goods or services to Saleef, Mokha and Hodeidah ports in Yemen must obtain port clearance via the UN Verification and Inspection Mechanism (UNVIM).   Yemen’s Ministry of Transport has announced that, after 5 May 2015


This Day In Naval History: June 13

Sketch by LCDR. DeLong of Jeannette stuck and sinking in the ice in June 1881. US Navy image

1881 - The bark-rigged wooden steamship Jeannette sinks after she is crushed in an Arctic ice pack during the expedition to reach the North Pole through the Bering Strait. Only 13 of her crew survive out of 33.   1900 - During the Boxer Rebellion


Retractable Flanking Rudders for Imperial’s Push Boats

Photo: Damen

Imperial Shipping has chosen Van der Velden Marine Systems retractable flanking rudder systems for its push boats.   The retractable flanking rudder system is an in-house innovation of Van der Velden Marine Systems (VDVMS). The system brings new efficiency to the inland shipping industry


Asia-N.Europe Box Rates Plunge

File Image: Trelleborg

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 17.8 percent to $540 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index told Reuters.


Greece and Canada Partner on Maritime Training

Photo: VIMC

The Vancouver International Maritime Centre (VIMC) and the Department of Shipping, Trade and Transport of the University of the Aegean have signed a signed a Bilateral Agreement to develop faculty and student exchange programs as well as marine-related training initiatives between Greece and Canada


IMO Secretary-General Goes to Romania

Photo: International Maritime Organization (IMO)

 International Maritime Organization (IMO) Secretary-General Kitack Lim has highlighted the crucial work of maritime training institutes to train and equip new generations of seafarers and other shipping personnel, during a visit (16 June) to the Romanian Maritime Training Centre CERONAV


DP World Chairman Meets President of Kazakhstan

DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem with the President of Kazakhstan, Mr Nursultan Nazarbayev, during the St. Petersburg International Economic Forum in Russia Photo DP World

DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem met with the President of Kazakhstan, Nursultan Nazarbayev, at the St Petersburg International Economic Forum (SPIEF) this week to enhance the co-operation between DP World and Kazakhstan.   


Austal Launches Offshore Crew Transfer Vessel for CMS

(Photo: Austal)

Austal Australia has launched Hull 392, a 70-meter offshore crew transfer vessel for Caspian Marine Services Limited (CMS) of Azerbaijan, at the company’s Henderson shipyard in Western Australia.   Following the contract award in June 2015, construction commenced in October 2015


Malikai TLP Float-Off in Malaysia

Photo courtesy of Dockwise

InterMoor completed its involvement in the Shell Malikai Tension Leg Platform (TLP) float-off operations. The TLP was loaded onto the Dockwise Heavy Lift Vessel White Marlin at Malaysia Marine and Heavy Engineering (MMHE) shipyard in Pasir Gudang, Malaysia


EU Ministers Agree on TEN-T

Map: European Union

 The EU transport ministers convened at the first day of the TEN-T Days in the Van Nelle Factory in Rotterdam.   They discussed the process of implementing the Trans-European Transport Network: new challenges and opportunities, new technologies and mobility patterns for passengers


ABB Opens Integrated Operations Center in Singapore

Photo: ABB

 ABB is opening a new integrated Operations Center in Singapore, the third facility of its type and first in Asia, which will allow the company’s engineers to follow the sun across the globe. Typically, at the end of the working day






 
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