Daewoo Shipbuilding and Marine Engineering reportedly has won a $515.8 million order from Teekay Shipping of Canada to build three LNG (liquefied natural gas) ships, with delivery due in April 2007.
A number of factors, including instability in world oil markets at times, the return of bitter cold winters to the energy-hungry U.S. Northeast, and advances in the collection, transportation and cost-effective delivery of (primarily LNG) gas, have conspired to make this the decade of gas, and hence the decade of gas ships. According to the latest statistics from Lloyd's Register, up to 50 ships over the next 10 years will be required for delivery
Natural gas importer Petronet LNG Ltd (PLL) plans to float a shipping subsidiary overseas to haul gas to its greenfield re-gassification terminal of 2.5 million tonnes per annum capacity proposed at Kochi in Kerala. The diversification plan has been unveiled in the tender conditions stipulated by Petronet for selecting ship owners and operators for transporting LNG to the Kochi terminal. This is a departure from the first two shipping tenders finalized by Petronet for hauling gas from RasGas
Marine design and engineering company Houlder announced the formation of an LNG project team in its London headquarters. Ian Meaden, Des Upcraft and Lijo Thomas joined the team this month to work exclusively on developing LNG projects in response to market requirements. The company said its new talent investment means it can build on its current LNG equipment projects to help with all aspects of marine design
Marlink said that its office in Dubai, United Arab Emirates, initiated the sales of 10 maritime broadband communications systems during the first half of 2006. Marlink Dubai’s most recent agreement is a three-year pact with CCC Underwater for a broadband very small aperture terminal (VSAT) system aboard the CCC Pioneer. The vessel is designed for offshore construction including pipe and cable laying and will be operating in waters throughout the Middle East and off the coast of India
According to reports, Hyundai Heavy Industries Co., plans to deliver 25 percent more vessels this year as it increases production to work through almost four years worth of orders. The company delivered 11 vessels to carry consumer goods and fuel in January, the most in a month in the industry, the Ulsan, South Korea-based company said in an e-mailed statement today. The ships were all delivered as much as two-and-a-half months earlier than scheduled, it said.
ABS, a provider of classification services to the maritime and offshore industries, has been chosen to class the world's first contracted series of very large ethane carriers (VLECs). The class contract for the ships, which will be built in Korea by Samsung Heavy Industries (SHI) for an Asian shipowner, represents another gas ship milestone for ABS. "We are delighted to have received the class contract for the world's first large ethane carriers
BP Shipping took delivery of the British Emerald, the worldâ€™s largest liquefied natural gas carrier (LNGC), the first in a series of dual-fuel diesel-electric gas ships. Built by Hyundai Heavy Industries in Ulsan, Korea, at 155,000 cubic meters,and is said to be the largest LNGC to date. The design and construction of this technologically advanced vessel is more fuel efficient than comparable LNG carriers, which will result in reduced fuel costs and greenhouse gas emissions
The Marine Engineers' Beneficial Association (M.E.B.A.) has signed an agreement with Armada Companies, LLC to provide Person-In-Charge (PIC) marine officers for liquefied natural gas (LNG) deepwater ports and other terminals worldwide. Armada has a contract with Skaugen Petro Trans (SPT) Offshore, LLC to provide U.S.-citizen merchant officers supplied by M.E.B.A. to serve as PICs at terminals including the liquefied natural gas deepwater port in the
Malaysian International Shipping Corp. is fortifying its position in the fast growing market for the carriage of Liquefied Natural Gas (LNG), today reportedly converting an option for two liquefied natural gas ships into firm orders, bringing total oustanding orders to six. MISC is already one of the world's largest LNG tanker operators, and it also also plans to buy four 6,800-TEU, post-Panamax containerships for delivery in 2002-2003.
SGMF Membership - Uncovered: An interview with Samir Bailouni, Nakilat The Society for Gas and Marine Fuel (SGMF) recently interviewed one of its members, Samir Bailouni of Nakilat (Qatar Gas Transport Co.). Bailouni weights in on Nakilat, LNG, the gas industry, and SGMF membership.
Golar LNG Limited today announced that Doug Arnell has decided to step down as CEO of Golar on February 1, 2015. Mr. Arnell's decision is driven by a personal wish to return with his family to his home country of Canada. Mr. Arnell will be succeeded by Gary Smith
Gary Smith will take over as CEO of Golar LNG limited, taking over for Doug Arnell, who will step down on February 1, 2015. Smith brings a track record of leadership and operational management in the mid-stream oil and gas, shipping and LNG businesses
The ECO VLGC Corvette, delivered from Hyundai Heavy Industries on January 2, 2015, is fitted with a Class and Flag State approved exhaust gas cleaning system (EGCS) provided by Clean Marine. The measurements of exhaust gas emission and washwater criteria are well below the required limits
Belgian gas shipping group Exmar said on Thursday that the market for its very large and midsize gas carriers was at historically high levels in the third quarter and was expected to remain good in spite of new vessels being delivered in 2015.
Dorian LPG Ltd. operators of Very Large Gas Carriers ("VLGCs") says it has received the 'Corsair', the second VLGC in its newbuilding program. ECO VLGC "Corsair" was delivered from Hyundai Heavy Industries and will initially trade in the spot market.
Dorian LPG Ltd., a leading owner and operator of modern Very Large Gas Carriers ("VLGCs"), today reported that it has taken delivery of the ECO VLGC "Corsair" from Hyundai Heavy Industries. The "Corsair" will initially trade in the spot market and is the
Climate change is aiding shipping, fisheries and tourism in the Arctic but the economic gains fall short of a "cold rush" for an icy region where temperatures are rising twice as fast as the world average. A first cruise ship will travel the icy Northwest Passage north of Canada in
On August, 13th the delivery and naming ceremony of our last construction, the ERRV C722- Ocean Marlin - for Atlantic Offshore was performed. The event was held in the Norwegian town of Stavanger, where Mrs. Apeland H. Anni acted as godmother
ABS announced it has been chosen to class the world's first compressed natural gas (CNG) carrier ordered by Pelayaran Bahtera Adhiguna, a subsidiary of Indonesia's state-owned power company Perusahaan Listrik Negara (PT PLN). The award for the precedent-setting ship
Dorian LPG announce that Tim Truels Hansen will join the Company as Chartering Manager, with effect from September 1st, 2014. Dorian explians that Hansen comes to them from AP Moeller Maersk where he began his career at sea, rising to the rank of captain of various sized LPG carriers
Indonesian shipping company PT Trada Maritime Tbk is at risk of defaulting on its debt of around $31 million to the International Finance Corp (IFC), the private sector lending arm of the World Bank. Trada Maritime received a letter dated May 28 from the IFC requiring it to pay a principal amount
When talk turns to marine propulsion and the host of surrounding topics – emissions, efficiency, fuel consumption – we turn to class for answers. While there are just two questions, the ensuing answers from leaders at ABS, BV, ClassNK, DNV GL
Dorian LPG Ltd. opened the New York Stock Exchange (NYSE) on Friday, May 9, 2014. The company’s senior management members and directors stood on the NYSE balcony as Dorian CEO, John Hadjipateras rang the bell. The bell ceremony followed the company’s New York Stock Exchange pricing on
The work of a committee, the National Research Council has released a new report – 'Responding to Oil Spills in the U.S. Arctic Marine Environment', which concludes that the the U.S. is far from ready to respond effectively to such an event.