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Lng Carrier

Hyundai Heavy Wins Orders Worth $1.1 Billion

177,000 cbm LNG Carrier Abdelkader.

Hyundai Heavy Industries, the world’s biggest shipbuilder, today announced the Company had won orders for 4 liquefied natural gas carriers and 1 LNG floating storage regasification unit worth USD 1.1 billion.   Hyundai Heavy won orders to build two 162,000 cbm LNG carriers for Golar LNG of Norway on February 10 and two same-class ships for an unnamed European shipowner on February 8. The contract with Golar LNG includes an option exercisable by the Norwegian company for two additional same-class LNG carriers. LNG carriers for Golar LNG will be built by Hyundai Samho Heavy Industries, a Hyundai Heavy affiliate. These membrane-type LNG carriers, scheduled to be delivered between the second quarter of 2014 and the first half of 2015, will feature the Dual Fuel Diesel Engine System (DFDE) which allows the ships to run on oil fuel or natural gas.   In addition, Hyundai Heavy won an order to build a third LNG Floating Storage Regasification Unit (FSRU) for Hoegh on February 13. The contract for the LNG FSRU is an option exercised by Hoegh from the original contract signed in June 2011. The 170,000 cbm LNG FSRU is scheduled to be delivered by the second quarter of 2014.   LNG FSRU receive liquefied natural gas from offloading LNG carriers. The installed regasification system provides gas send-out through flexible risers and pipelines to shore. LNG FSRU take a year less and cost half as much as an onshore LNG terminal to complete


Qatar Drydock has 7 LNG Carriers Under Repair

In Qatar, Nakilat-Keppel Offshore & Marine (N-KOM) shipyard has 7 ocean-going LNG carriers in its drydock for  repairs, overhauls As part of the Erhama Bin Jaber Al Jalahma Shipyard, N-KOM has successfully completed marine, offshore and onshore projects for both local and international clients, with LNG repairs making up almost half of these projects reports LNG World News. The seven LNG carriers (Al Jasra, Al Bidda, Al Wajbah, Dukhan, Al Gharrafa


Dual-Fuel Propulsion System for LNG Carrier

Hyundai Heavy Industries Co., Ltd. (HHI) has developed the first Korean Dual-Fuel Diesel-Electric (DFDE) propulsion system for LNG carriers. The DFDE propulsion system uses either oil or gas, depending on the situation. It uses an electric motor like large cruise ships and submarines, not a steam turbine, which is the traditional propulsion system for LNG carriers. The DFDE propulsion system improves fuel efficiency, reacts quickly, and provides a smooth voyage.


GasLog to List on NY Bourse

Image courtesy of GasLog

LNG carrier owners and operators, GasLog Partners LP, inform it has priced its initial public offering of 8,400,000 common units representing limited partner interests at $21.00 per common unit. The common units will begin trading on the New York Stock Exchange on May 7, 2014 under the ticker symbol “GLOP”. The offering is expected to close on May 12, 2014. The underwriters have a 30-day option to purchase up to 1,260


LNG Carrier to Enter Service in China by End of Year

According to reports, China LNG Shipping (Holdings) Ltd plans to put the first liquefied natural gas (LNG) carrier built in China into operation by the end of this year, serving Guangdong Dapeng LNG Co, an official of China LNG said. A company official said China LNG would also build carriers for CNOOC Ltd's LNG terminals in the eastern province of Fujian and in Shanghai, which are expected to be operational in 2009


Tri-fuel LNG Carrier Delivered to GasLog

GasLog Ltd. announced the delivery of a new LNG carrier GasLog Santiago, from Samsung Heavy Industries. Immediately on delivery, which was on budget and ahead of schedule, she commenced a medium-term charter to Methane Services Ltd. (BG Group). The vessel is a 155,000 cubic meter tri-fuel Diesel Electric LNG carrier that sets new standards for efficient performance and environmental protection. The vessel is classified to the ABS ENVIRO+ notation


Ulstein Brattvaag Awarded Supply Of Deck Machinery

Ulstein Brattvaag has landed contracts totaling $2 million by two of Japan's largest shipbuilders for the supply of deck machinery for a pair of LNG carriers. The agreement also allows for options for corresponding equipment for two more LNG tankers, thus allowing the contract to double in value. Construction of the series of 135,000 cu. m. LNG carriers for the Malaysian State company Petronas tankers has been placed with two Japanese shipyards: Mitsubishi Heavy Industries and Mitsui


Invensys Introduces New CTS System for LNG Carriers

Invensys Process Systems announced that its next-generation Foxboro custody transfer system (CTS) for LNG carriers has been certified by NKKK (Nippon Kaiji Kentei Kyokai) of Japan. The Foxboro Custody Transfer System Reference V for LNG carriers is based on a new non-contact pulsed laser technology that is designed to combine the accuracy of traditional capacitive-based systems with the lower total cost of ownership of non-intrusive radar-based level measurement systems.


Keppel secures contract for Qatargas LNG carriers

Keppel Shipyard Limited (Keppel Shipyard) has entered an Alliance Service Agreement for the drydocking of a fleet of Moss Rosenburg (MOSS) type of Liquefied Natural Gas (LNG) carriers chartered by Qatar Liquefied Gas Company Ltd (Qatargas). The five-year agreement was signed with MO LNG Transport Co., Ltd (MOL), Nippon Yusen Kaisha Ltd (NYK) and Kawasaki Kisen Kaisha Ltd (K-Line). The vessels under the fleet agreement are Al Zubarah, Al Khor, Al Rayyan, Al Wajbah, Broog, Zekreet


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


GTT Receives Order from HHI for Two LNGCs

Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG) confirmed an order for two large LNGCs Liquefied Natural Gas Carriers (LNGCs), which are in the third quarter 2014 order book


DSME Orders GTT Membranes for 2 LNGCs

Image: GTT

Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), received an order for two Liquefied Natural Gas Carriers (LNGCs) to be built by the Korean shipbuilder Daewoo Shipbuilding & Marine


Drifting Fishermen Rescued by MOL LNG Carrier

Senshu Maru, Photo courtesy of MOL

Three Castaways Rescued Safely off Indonesia. Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) has announced that on October 6, 2014, the MOL-operated/managed LNG carrier Senshu Maru founded drifting castaways in the Celebes Sea off Indonesia


Osaka Gas Vessel Named "LNG Venus'

(From left) 2nd MOL President Koichi Muto, 3rd Osaka Gas President Hiroshi Ozaki, 5th MHI Executive Vice President Yoichi Kujirai

  Mitsui O.S.K. Lines, Ltd. President: Koichi Muto) today announced the naming ceremony of 'LNG Venus', a newbuilding liquefied natural gas (LNG) carrier held at the Nagasaki Shipyard of Mitsubishi Heavy Industries, Ltd. (MHI; President: Shunichi Miyanaga; Headquarters: Minato-ku, Tokyo)


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


MOL, Osaka Gas’s Newbuild LNG Carrier Named

Photo courtesy of MOL

Mitsui O.S.K. Lines, Ltd. (MOL) announced that a naming ceremony for the LNG Venus, a newbuilding liquefied natural gas (LNG) carrier, was held at the Nagasaki Shipyard of Mitsubishi Heavy Industries, Ltd. (MHI). The vessel is under construction at MHI and will serve Osaka Gas Co., Ltd.


Steel Cut for Yamal LNG Project’s Lead Tanker

SCF Yamalmax mock up (image courtesy of SCF Group)

A steel-cutting ceremony was held on September 29 for the lead gas tanker ordered by SCF Group for transportation of liquefied natural gas (LNG) under the Yamal LNG project. The prototype vessel will be operated under a long-term time charter between OAO Sovcomflot and JSC Yamal LNG.


GasLog Closes First Option Vessels Dropdown

...

  GasLog Ltd.  announced today the closing of the sale of two modern liquefied natural gas (“LNG”) carriers, the Methane Jane Elizabeth and Methane Rita Andrea, to GasLog Partners LP for an aggregate price of $328 million (the “Transaction”)


Mitsui Procuring 8 LNG Vessels

Ships to be used for the delivery of LNG mainly to its customers in Japan from the Cameron LNG Export Project in the U.S

  President and CEO, Masami Iijima of Mitsui & Co., Ltd. informed that the compnay is currently proceeding with the procurement of eight LNG ships intended to be used for the delivery of LNG mainly to its customers in Japan from the Cameron LNG Export Project in the U.S.A.


MOL, Mitsui in Cameron LNG Transport Deal

LNG carrier in terminal: File photo

Mitsui O.S.K. Lines, Ltd. (MOL) apprise that a contract has been signed with Mitsui & Co., Ltd. to charter two new 155,000m3 LNG carriers that will transport shale gas-derived liquefied natural gas (LNG) from the United States. MOL will manage the new vessels


Gas Natural Extends Charter Period for LNG Libra

  In the stock exchange notice dated 13 November 2013 Höegh LNG Holdings Ltd. informed that LNG Libra, a 126,000 cubic meter LNG carrier, was chartered to Gas Natural until year-end 2014. Gas Natural has today exercised its option to extend the charter period for further 12 months with


Tankship, Gas Carrier, Containership Newbuilds: Latest Orders

Ships bow: File photo

Reported business this week has been focussed on the tanker, container and gas markets, says Clarkson Hellas in their latest S&P Weekly Bulletin. Tankships Whilst under discussion for some months, Knutsen NYK Offshore Tankers have now signed two firm plus two optional 160


Russian Class & Arctic Operations

LNGC Velikiy Novgorod under construction.

When it comes to Arctic operations, the Russians arguably have more hands-on experience and investment than any other nation. With that in mind, Maritime Reporter spoke recently with Georgiy Bedrik, Head of the RS Business Development Division, for his input on RS and matters of the Arctic


Dynagas Partners Announces LNG Carrier Acquisition

Dynagas LNG Partners LP, an owner and operator of LNG carriers, has announced that it has entered into an agreement to purchase from Dynagas Holding Ltd., the partnership's sponsor, 100% of the ownership interests in the entity that owns and operates the Yenisei River


Bestobell to Extend Valve Choice to Customers

project flange.jpg

Bestobell Marine, part of the President Engineering Group Ltd, has innovated within its range, which means it can now offer both butt weld and flanged connections for all its Globe and Check valves.   These valves range from small (DN15) to large (DN350)






 
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