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Gas Carrier

PRISCO Starts Construction of Gas Carrier

Construction of a gas carrier for MOL/K Line/PRISCO began at Mitsui Engineering and Shipbuilding in the city of Chiba, Japan. Currently underway is the assembly of the ship's hull and the manifold as well as the assembly of gas tanks having complicated technical structure. At the same time, underway are the tests of the gas carrier's different systems. Source: FIS


Agreement Promotes LNG Carrier Construction

Pictured (from left to right): Sergey Frank, CEO, OAO Sovcomflot; Dmitry Mironenkov, Vice President, JSC United Shipbuilding Corporation; Nikolai Grigoriev, Director of Global Shipping & Logistics, Gazprom Marketing & Trading and Mikhail Ayvazov, CEO, Russian Maritime Register of Shipping

On June 21, 2013 under the auspices of the St. Petersburg International Economic Forum a number of agreements were signed between Gazprom Marketing & Trading (GM&T), Russian Maritime Register of Shipping (RS), JSC United Shipbuilding Corporation and ОАО Sovcomflot (SCF) to promote Russian content in LNG carriers construction projects. To ensure LNG shipping by sea from the Gazprom Group projects Vladivostok LNG and Sakhalin-2


Daewoo Gets $1.22b Order to Build Gas Carriers

Daewoo Shipbuilding & Marine Engineering Co., said it has received a $1.22b order to build five liquefied-natural-gas carriers. The deal calls for Daewoo Shipbuilding to supply four of the five carriers for Qatar Gas Transport Co. Ltd., and one for an unidentified European company, the company said in a regulatory filing. Source: Yonhap


Gas Carrier Grounded by Tropical Storm

Coast Guard personnel deployed to San Pedro de Macoris, Dominican Republic to support Dominican Republic authorities during salvage operations of Liberian gas carrier SCF Tomsk which ran aground Monday. Dominican Republic authorities have established a Unified Command to coordinate salvage operations between local agencies and the marine industry responding to the incident. The Nodrog Shipping Corporation owned vessel has hired marine salvage company Titan to conduct salvage operations


Korean Shipbuilders Gain Brunei LNG Carrier Order

Brunei Gas Carriers Sendirian Berhad, BGC, orders its fourth large LNG carrier from Hyundai Heavy Industries Brunei Gas Carriers Sendirian Berhad, BGC has entered into an agreement for the construction of a new LNG Vessel with Hyundai Heavy Industries Limited of the Republic of Korea and arranged financing with both local and international financial institutions. The Minister of Energy at the Prime Minister's Office in his speech said that the signing was important to the country as it


MES Expands Gas Carrier Lineup

Mitsui Engineering & Shipbuilding Co., Ltd. (MES), foreseeing the effects of the shale gas revolution to maritime industries, has been developing new type medium size multi gas carrier for sea transport of liquefied natural gas (LNG) and co-product of shale gas such as ethane and ethylene gas (LEG). In the coming decade, LNG carriers (LNGC) may probably be classified into large scale LNGC and medium scale LNGC centering on the hub ports over the world, the builder said.


Grand Bahama Shipyard Completes LNG Training

Grand Bahama Shipyard has received Certification to verify that it recently successfully completeda "Liquid Natural Gas Carrier " training and familiarisation programme run by Det Norske Veritas. Aware of the special features of LNG Carriers and the specific requirements that they have during their dry-docking and repair programmes, the shipyard commissioned DNV to devise a customised course to address all the issues that arise with these Specialised Vessels.


SABIC Contracts Two New LNG-Powered Tankships

Saudi Basic Industries Corporation (SABIC) says it is the world's first chemical company to commission LNG-run gas carriers. SABIC's new tankships will be powered by liquefied natural gas (LNG) to transport its olefins products, in anticipation of a European Union directive to drastically reduce sulphur emissions from vessels operating in the North Sea by 2015. The two new gas carriers will be used to transport olefins from a major plant on Teesside, England


Brevik Gets Okay for Gas Containment System

LNG containment concept. Image by: Brevik Technology

 ABS has granted Approval in Principle (AIP) to a new gas containment system concept designed in Norway by Brevik Technology, a Vard subsidiary.   The containment system uses a series of independent, cylindrical IMO Type-B tanks and for the AIP was designed for application in a gas carrier of 30,000 cbm.   ABS assessed the concept against the requirements of the International Gas Code, ABS Rules and the ABS Guide for Liquefied Gas Carriers with Independent Tanks


GE Shipping Buys VLGC

Greatship Logo

The Great Eastern Shipping Company Ltd. (G E Shipping) has contracted to buy a Secondhand Very Large Gas Carrier (1996 built) of about 76,931 cbm. The Japan-built vessel will be delivered to the company in Q1 FY 2016-17. The Company’s current fleet stands at 32 vessels, comprising 23 tankers (8 crude carriers, 14 product tankers, 1 LPG carrier) and 9 dry bulk carriers (4 Kamsarmax, 5 Supramax) with an average age of 10.4 years aggregating 2.5 mn dwt.


Bourbon Puts Gas Plans on Hold

Photo: Bourbon

Bourbon’s plan to diversify into the gas carrier market has run into financial obstacles. The company said in a statement that its board of directors acknowledged that the financing required for the acquisition of Jaccar Holdings’ gas activities would not be obtained within the


Rising VLGCs fleet Impact LPG Freight Rates

Time charter rates Source Drewry Maritime Research

LPG shipping freight rates are forecast to deteriorate further through 2016 as a result of the fast rising fleet of Very Large Gas Carriers (VLGCs) which has already started to impact earnings of smaller vessel classes, according to the latest edition of the LPG Forecaster


Sovcomflot IPO Soon

SCF Baltica Photo: PAO Sovcomflot

 The long-awaited initial public offering (IPO) of Sovcomflot, which runs one of the world’s largest tanker and gas carrier fleets, has moved a step closer.    Economy minister Alexei Ulyukayev was quoted by local Russian news agencies as saying that the government might get


DSME, Sovcomflot Delay Delivery of First Arctic LNG carrier

Yamal LNG project. Photo: PAO Sovcomflot

 South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) and Sovcomflot have agreed to delay a liquefied natural gas carrier being built for the Yamal LNG project in Russia.   According DSME statement the vessel, which was originally scheduled for June this year re-set the


Wärtsilä Supporting Japan's 'Gas Age' Shipping

A six-cylinder in-line version of the Wärtsilä 50DF dual-fuel engine. (Image: Wärtsilä)

A total of 16 new gas carrier ships being built in Japan for Japanese owners are to be powered by Wärtsilä dual-fuel engines capable of running on liquefied natural gas (LNG) or conventional diesel fuels.    Wärtsilä's said its experience and technological


Kongsberg Appoints New Managing Director

Leif Kristian Weum (left) is taking over the helm from Managing Director, Terje Dyhre (right). Photo by Kongsberg Maritime AS

 Leif Kristian Weum has been appointed to the position of Managing Director of the Kongsberg Maritime Sales and Service office in Athens, Greece.    Kongsberg Maritime Hellas SA is a key Sales & Customer Support office established to serve the significant number of Greek


Dorian Delivers Caravelle Sells Grendon

courtesy Dorian

 Dorian LPG Ltd.  reported today that it took delivery of the ECO VLGC Caravelle from Hyundai Samho Heavy Industries.  The Caravelle is Dorian LPG's 19th and final scheduled newbuilding delivery. The Caravelle will trade in the Helios LPG Pool.


ABS-classed Ship Carries Historic LNG Export from US

Asia Vision (File photo: Chevron)

Milestone marks another ‘first’ in the Class Society’s history of serving the gas market.   Cheniere Energy, Inc. has commissioned a cargo from the Sabine Pass LNG Terminal. Carried aboard the Asia Vision, an ABS-classed LNG Carrier


Recent Vessel Sales - February 2016

Vessel sales for February 2016 (as of March 1) as prepared by Shipping Intelligence, Inc., New York.   Date Reported - Vessel Name - DWT - Built - (Age) - Price in Millions USD   Bulk Carriers 2/22 - ID MERMAID - 27,015 - 01 - (15) - $2.1


$4.3B: Daewoo Shipbuilding has Record Loss

Image: Daewoo Shipbuilding and Marine Engineering

 South Korean shipbuilding major Daewoo Shipbuilding and Marine Engineering (DSME) posted a KRW 5.13 trillion (USD 4.3 billion) worth loss for the full year of 2015.     Due to writing down more charges from offshore projects which are under construction


G50ME-C9 Engine Successfully Passes TAT

Photo: Man Diesel

MAN Diesel & Turbo’s G50 engine has successfully passed its Type Approval Test at Mitsui in Japan. Upon entering service, the engine will power the world’s first ethane-fuelled eco-friendly LEG (Liquefied Ethane Gas) carrier – the first of three such vessels to be built in


PCA - Draw to Select First Vessel to Transit

Panama Canal Expansion Courtesy PCA

The Panama Canal will hold a draw on Friday, April 29, to select the first vessel which will transit through the Expanded Canal when it is inaugurated on Sunday, June 26. The draw will take place at the Panama Canal Administration Building and a Notary Public to serve as witness.


ABS Reflects on Strong 2015 Performance

Christopher Wiernicki (Photo: ABS)

153rd meeting of the classification society highlights class-centric strategy and vision for the future of class   ABS held its Annual Meeting on April 26, 2016 in New York, where Chairman, President & CEO Christopher J. Wiernicki reported that “2015 was a year of moving forward


Odfjell Reports Strongest Quarterly EBITDA Since 2008

Odfjell reported a net result for the first quarter 2016 of $24 millions, with improved EBITDA of $69 million, compared to $45 million last quarter.   The company said it has seen a significant reduction in voyage expenses compared to previous quarters mainly due to expiry of bunker hedges


Trelleborg Trains USCG on Liqufied GasTransport

Trelleborg’s marine systems operation has again supported the U.S. Coast Guard by delivering a third training session in ensuring the safe, secure and clean transportation and use of liquefied gas in U.S. waters. As liquefied gases become a major commodity across the U.S






 
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