Bureau Veritas launched a unique Condition Assessment Program for LNG carriers. The CAP works in a similar way to existing Harmonized CAP programs for oil tankers, but has special requirements unique to LNG carriers. Speaking at the SIGTTO annual meeting in San Francisco today, Bruno Dabouis, commercial manager of BV said, "The LNG market is opening up and there are signs that a spot market for LNG carriers may further develop. That means charterers need to be able to demonstrate that they have taken special care when chartering in older vessels, a new phenomenon in the LNG market. Bureau Veritas, the only classification society present in all types of LNG containment systems and propulsion systems, and with a unique pedigree stemming right back to the very first LNG carriers, was well placed to support the current market changes with technical expertise. "BV has brought together its deep research and development into sloshing loads and structural detail, its experience with lifetime structural maintenance, its successful and fully accepted tanker CAP program and its experience with LNG carriers to develop a CAP for LNG vessels. It is fair to both owners and charterers, and has been accepted by Shell, BP and Total already." BV's experience with LNG carriers in service was also instrumental in it winning a tender to provide a life extension study, through its Tecnitas consulting arm
Hyundai Merchant Marine subsidiary has been granted Approved Training Provider status for their facilities and LNG carrier training courses to SIGTTO Training Standards. Lloyd's Register has awarded Approved Training Provider (ATP) Certification to Hae Young Maritime Services Co. Ltd. (HMS), a subsidiary of Hyundai Merchant Marine Co. Ltd (HMM), one of Korea’s largest shipping companies. The HMS Training Center at Busan
South Korean shipyards are expected to win about 75 percent of an estimated 48 orders for liquefied natural gas (LNG) carriers this year, industry officials said on Wednesday. "There are virtually no rivals to compete with Korean shipbuilders in making LNG carriers in terms of price and quality," said Yoo Jae-won, a spokesman for the Korea Shipbuilders' Association. Surging demand for environmentally friendly LNG was expected to raise the number of LNG carrier orders to around 48 this year
South Korean shipbuilders are paying large royalties on a core foreign technology for manufacturing liquefied natural gas (LNG) carriers, causing a big reduction in their earnings, The Korea Times reports. To build LNG carriers, most South Korean and foreign shipbuilders currently use a membrane containment system developed by Gaz Transport & Technigaz of France, a key technology for freezing and storing gas in tanks for transport.
With the liquefied natural gas (LNG) trade expected to significantly increase over the next decade, transporting LNG with carriers upwards of 33 percent larger than previous designs means particular attention must be addressed to key technical concerns to assure that the new generation of larger LNG carriers provides the same high degree of reliability as its predecessors. Operators are driving the demand for increased size of these specialized vessels to take advantage of the
LNG carrier with 162,000 metres capacity ordered from Hyundai Heavy Industries by OSC The Oman Shipping Company (OSC) has signed an order for a new build LNG carrier with Hyundai Heavy based in Ulsan, South Korea. The LNG carrier, for delivery in 2014, will have a 162,000 cubic metres capacity, and is to be fitted out with dual fuel engines. The new ship will comply with European ‘Green Certificate’ requirements
MarineSafety International (MSI) provided simulator-based training for ships' officers, pilots, tug masters, and docking masters maneuvering LNG carriers in the Savannah River. MSI prepared a precision geographic/bathymetric/visual database of the operating area and generated response models for specified classes of LNG tankers. The three-day training courses included the employment of tractor tugs escorting LNG ships in addition to docking and undocking the vessels under various
Qatar Gas Transport Company (Nakilat) signed a contract with two South Korean shipbuilding giants to construct the world's largest liquified natural gas (LNG) carriers at a cost of $2.5b. The carriers will be the largest in the world in terms of capacity, the statement said. The signing of the deal coincided with the fifth annual Asia Cooperation Dialogue meeting taking place in Doha with the participation of Asian foreign ministers including South Korea's Ban Ki-Moon.
April 3 marked another milestone in the rapid development of Chinese shipbuilding capacity as, at separate ceremonies, two of the nation’s shipbuilders delivered the first LNG carrier to be built in and the largest containership to emerge from a Chinese shipyard. Both of these historic first shipbuilding projects were completed to ABS class standards. Shanghai-based Hudong-Zhonghua Shipyard delivered the 147,000 m3 LNG carrier Dapeng Sun to China LNG Shipping (International) Ltd for
Teekay LNG Partners L.P. announced that it has agreed to acquire a 155,900 cubic meter (cbm) liquefied natural gas (LNG) carrier newbuilding from Awilco LNG ASA, a Norwegian-based owner and operator of LNG carriers. The vessel, which is currently under construction by Daewoo Shipbuilding & Marine Engineering Co., Ltd., (DSME) of South Korea, is expected to deliver in the third quarter of 2013, and subsequent to delivery from DSME to Awilco
On the occasion of the World LNG Summit held in Paris on November 18-21, 2013, GTT was awarded the LNG Technological Innovation Award 2013 by CWC for its work on the development of its membrane containment systems to reduce the daily Boil-Off in LNG Carrier tanks.
Exmar NV announced that it expects to submit to the United States Securities and Exchange Commission (SEC) the first draft registration statement for Exmar Energy Partners LP (the MLP). The initial public offering of the MLP's common units is expected to commence after the SEC completes its review
GE Marine, Dalian Shipbuilding Industry Company (DSIC) and Lloyd’s Register announce they have jointly developed a design for a gas turbine-powered LNG carrier. This unique carrier will provide low life cycle cost, high environmental performance and flexible design.
Another active week in the newbuilding market is reported in the latest Clarkson Hellas S&P Weekly Bulletin, as follows: Dry Bulk Carriers Starting with the larger sizes Hyundai Merchant Marine (HMM) are understood by Clarkson Hellas to have placed an order for two firm 210
Putting a blanket on is normally associated with keeping warm. In the cryogenic world of LNG, however, the ABAS Blanket maintains the liquefied gas at -162°C and reduces the amount of gas lost as boil-off and also reduces the pressure in the tank
Hyundai Heavy Industries (HHI) won a $850 million order to build four 150,000 m3 Moss type LNG carriers from Malaysian oil company Petroliam Nasional Bhd (Petronas). The contract also includes an option exercisable by the owner to order four additional same class LNG carriers
OceanSaver has achieved a certification double, with the news that its Mark II Ballast Water Treatment (BWT) system has achieved U.S. Coast Guard (USCG) approval, while the company itself has achieved ISO 9001:2008 certification. Based in Drammen, Norway
One major new development on the Northern Sea Route is the interest in using it to move liquefied natural gas to energy-hungry Asian markets, writes Stan Jones of the Office of the Federal Coordinator, Alaska Natural Gas in a recent article.
Russian Maritime Register of Shipping (RS) will participate in Kormarine 2013 in Busan, Republic of Korea, one of the largest international exhibitions of maritime industry. On 22-25 October the foremost exhibition of the maritime industry in Asia will gather leaders of shipbuilding industry
Liquefied natural gas (LNG) is one of the fastest growing energy markets worldwide, and global production capacity could be more than double by the end of the decade. Higher natural gas prices and growing efficiencies in the LNG value chain are making it economically attractive to ship LNG over
As the demand for LNG grows, the Chinese government has recognized that in expanding its LNG capabilities, it must build-up the skill set of its maritime professionals in this vital sector. A new course created by Braemar Engineering aims to support this growing demand for LNG expertise in China
Two new dual-fuel-powered LNG carriers just handed over to Greek shipping company Dynagas by Hyundai Heavy Industries (HHI)—the Arctic Aurora and the Yenisei River—are the first part of the latest and possibly clearest demonstration of the company’s intent to reach a cleaner
Bestobell Valves announced a new contract which brings the total of orders for its innovative patented Float Level Insulation Valves (FLIV) across the world to over 100. The new contract for FLIV is with Bestobell’s Chinese partner, Valseal International Ltd
Mitsubishi Heavy Industries Marine Machinery & Engine Co., Ltd. (MHI-MME), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has received orders from Hyundai Heavy Industries Co., Ltd. (HHI) of Korea for four Ultra Steam Turbine (UST) plants to be installed in four LNG (liquefied
Damen Shiprepair Brest (France) received her seventh LNG booking for the drydocking, maintenance and repair of the LNG carrier BachirChihan. The Hyproc Shipping owned and managed vessel will arrive November 25. The work scope on the BachirChihaniis extensive and reaches close to 30,000 man-hours