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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


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


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


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


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


Crowley's Green Initiatives Garner Attention

Crowley Maritime Corporation's continued focus on environmental preservation and protection was recently recognized by the Chamber of Shipping of America (CSA) in Washington, DC, with environmental excellence awards for 26 ships, which are owned and/or operated by Crowley subsidiaries. The awards ceremony recognized companies with vessels that had achieved a record of two or more years of no recordable environmental incidents


$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


Croatia’s Jadrolinija to Buy New Passenger Ship

Photo by Jadrolinija Lines

 Croatia’s  largest national passenger shipping company Jadrolinija plans to expand its fleet with a new passenger ship, with the total cost of about 50 million euros, reports Poslovni.hr    At an international tender


MN100: Conrad Shipyard

Johnny Conrad (Photo: Conrad Shipyard)

The Company: Conrad Shipyard was established in 1948 and is headquartered in Morgan City, Louisiana. The company designs, builds and overhauls tugboats, ferries, liftboats, barges, offshore supply vessels and other steel and aluminum products for both commercial and government markets


Heavy Lifting: Giant Pipe Racks Shipped for New FPSO

HANSA HEAVY LIFT has transported five pipe racks and three modules, weighing a total of 1,871.51 metric tons and measuring 24,075 m³, for a new FPSO unit off the coast of Brazil (Photo: HANSA HEAVY LIFT)

From Brazil to China and then back to Brazil, five pipe racks and three modules weighing a total of 1,871.51 metric tons and measuring 24,075 m³ will be transported by heavy lift shipping specialist HANSA HEAVY LIFT for a new floating production storage and offloading unit (FPSO) to


South Asia Meet on Oil, Chemical Spill Contingency Plan

Photo:  International Maritime Organization

 A meeting to update South Asia’s regional plan for oil and chemical pollution preparedness and response is underway in Male, Maldives (22-25 August), informs  International Maritime Organization (IMO).   Senior officials from Bangladesh, India, Maldives


MPA Appoints Koji Sekimizu as Distinguished Visiting Fellow

Former Secretary General  Koji Sekimizu delivering a public lecture on the topic What I dreamed about at IMO. Photo: Maritime and Port Authority of Singapore

 The S. Rajaratnam School of International Studies (RSIS) and the Maritime and Port Authority of Singapore (MPA) have appointed former Secretary-General of the International Maritime Organization (IMO), Koji Sekimizu, as a RSIS-MPA Distinguished Visiting Fellow for a period of two years


Hoppe Marine to Present Smart Shipping Solutions

Photo courtesy of Hoppe

For decades, Hamburg-based Hoppe Marine has produced onboard measuring and control systems. At SMM 2016 the internationally-positioned family-run company will be present itself as a data integrator on vessels as a precondition for Smart Shipping and Big Data.  


MN100: Eastern Shipbuilding Group, Inc.

(Photo: Eastern Shipbuilding Group, Inc.)

The Company: Eastern’s original shipyard was established in 1976 for the purpose of constructing commercial fishing boats for the company’s founder and President, Brian R. D’Isernia. By 1980, 26 commercial fishing vessels had been constructed and delivered


Austal Hosts Christening of YUMA (EPF 8)

USNS Yuma Christened Photo Austal

Austal celebrated the christening of the Expeditionary Fast Transport ship USNS Yuma (EPF 8) with a ceremony at its state-of-the-art shipyard here, this morning. The ship’s sponsor, former Secretary of Homeland Security and Arizona Governor Janet Napolitano


Navy to Christen Expeditionary Fast Transport Yuma

Expeditionary Fast Transport (EPF 7) Photo AUSTAL USA

The Navy will christen its newest Expeditionary Fast Transport, USNS Yuma (EPF 8), Saturday, Aug. 20, 2016, during a 10 a.m. EDT ceremony, in Mobile, Alabama. Yuma, designated EPF 8, honors the city of Yuma, Ariz., and its historically strong ties to the military.


Vard Secures Contract for Three Module Carrier Vessels

Vard Holdings Limited announced that it has secured a contract for the design and construction of three Module Carrier Vessels for Kazmortransflot (KMTF). The contract win was previously disclosed on July 29, 2016. The vessels, of VARD 9 28 design


Engine Providers Power Operators' Profits

Image: Caterpillar Marine

With an eye towards environmental compliance, operational efficiencies and the bottom line, the Marine News top propulsion providers touch all bases.   Sitting down to select the best engine and propulsion manufacturers in the workboat marine space isn’t necessarily the easiest task


MN100: Kirby Inland Marine

Photo: Kirby Inland Marine

The Company: Kirby Corporation is a premier tank barge operator in the United States, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, along all three U.S. Coasts, and in Alaska and Hawaii


Hapag-Lloyd Ships 42 Trains to Peru

Photo courtesy of Hapag-Lloyd

apag-Lloyd has loaded a metro train with six cars today in Salerno, Italy. The train will be shipped aboard the Cerinthus to the Peruvian port of Callao. From there, it will be transported to the capital Lima using low-loader trucks. The journey from Italy to Peru will take around 29 days


ABB Marine Academy Offers Arctic Course

Juha Koskela, Managing Director of ABB’s Marine and Ports business Photo ABB

Responding to strong demand from the ice-going vessel segment, ABB says it has developed in cooperation with customers a new course for deck officers covering the operational principles of diesel-electric Azipod vessels, taking into account vessel safety


Gadkari Flags off Two Vessels from Varanasi, India

Nitin Gadkari. Photo: The official FB Page of the Minister

A trial run of two cargo vessels from the Aghoreshwar Bhagwan Ram Ghat Varanasi.   The vessels viz. MV Joy Basudev (capacity 1400 tons) and MV V.V Giri (capacity 300 tons), contain newly assembled cars of Maruti Suzuki and construction material.  






 
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