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Lng Carriers On Order

ABB Wins Electrical Contract for Drillships, LNG Carriers

ABB wins $80 million order from Samsung Heavy Industries to supply electrical systems for 5 drillships & 2 LNG carriers ABB's order, worth $80 million from Samsung Heavy Industries, is to supply energy efficient drives, motors and electrical power systems for five drilling vessels and two liquefied natural gas (LNG) carriers to be built at Samsung’s shipyard in Korea. The vessels will be used to extract, process and transport oil and gas. Samsung is building five drill ships (three for Seadrill Ltd. in Norway, one for Pacific Drilling S.A in Brazil and one for Ensco Plc in the UK) and two LNG carrier vessels for Golar LNG Ltd in the UK. The vessels will be used for oil and gas exploration and the transportation of liquefied natural gas. ABB will deliver the complete electrical system for the seven vessels, including power generation and distribution equipment and systems, variable frequency drives and motors to power main propulsion systems and thrusters, as well as drives to power the topside drilling equipment. The project will be commissioned between 2014 and 2015.  

GasLog Raises $1.3B for Eight LNG Newbuilds

Photo:  GasLog Ltd

 Peter Livanos-backed Monaco-headquartered owner and operator of liquefied natural gas (LNG) carriers GasLog Ltd. has completed a USD 1.3 billion credit facility with fourteen international banks to finance the construction of eight 174,000 cbm newbuilds.   New York-listed GasLog says 14 banks, plus two export credit agencies, have supported the facility. The Export Import Bank of Korea (KEXIM) and the Korea Trade Insurance Corporation (K-Sure) are either directly lending or

ABS Provides Comprehensive Criteria For LNG Propulsion Systems

The surge in liquefied natural gas (LNG) carrier newbuildings and the accompanying development of a new generation of these specialized ships has generated interest in alternative propulsion systems to the traditional gas fired steam plant. These alternatives are addressed in the new ABS Guide for Propulsion Systems for LNG Carriers, the first such comprehensive set of standards to have been issued by a classification society.

Altamira Pilots Train at MSI

Pilots from the port of Altamira, Mexico, attended special training at MarineSafety International's Newport Simulator Center from October 1 to 5, 2007. The training used a full mission bridge as an LNG carrier and a smaller simulator as a 55 tonne ASD tug. The exercises were interactive, with the pilot on the LNG carrier giving orders directly to the tug master. The goal of the training was to improve the shiphandling skills, communications skills and situational

BV Sees Growth

International classification society Bureau Veritas (BV) saw turnover grow strongly again last year, making it the only classification and certification society to top Euro1bn of business in 2001. Since 1995 Bureau Veritas has registered an average annual growth of 18 percent, during which time it has tripled its turnover. Turnover, at $929 million, was up 19 percent on 2000, against a background of contracting markets worldwide. Operating profits grew 23 percent to

Two LNG Carriers Ordered for US Shale Gas Transport

Japanese shipbuilder Mitsubishi Heavy Industries, Ltd. (MHI) informs it has received orders for the construction of two next-generation liquefied natural gas (LNG) carriers that will primarily carry shale gas produced in North America.   The shipbuilding contracts, received through MI LNG Company, Limited, a joint venture between MHI and Imabari Shipbuilding Co., Ltd., will see the delivery of one LNG carrier each for two separate joint ventures which Chubu Electric Power Co., Inc

South Korean Yards Expected To Nab 75 Percent of LNG Orders

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

Daewoo: $1 Billion In One Week Prompts Target Revise

Daewoo Shipbuilding has raised its 2001 order target to $3.7 billion from $2.5 billion, and said it was unlikely to accept orders in the second half because of its bulging order book, particularly for LNG carriers. "So far this year, we have received $2.6 billion in shipbuilding orders," said S.W. Lee, a Daewoo spokesman. "We also have order options worth $1.1 billion. "What is surprising is $1 billion worth of orders came in just last week," Lee said.

High Royalties to Cut Into Shipbuilding Profits

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.

GE Electric Propulsion Equipment for LNG Carriers

GE Power Conversion receives first order in Japan from Kawasaki Heavy for electric propulsion motor equipment for LNG vessels   GE’s Power Conversion business has received a new order from Kawasaki Heavy Industries, Ltd. for electric power and propulsion systems for two LNG carriers. The LNG carriers will be built for the purpose of transporting LNG from Louisiana, U.S.A. Their construction is scheduled to be completed from 2017 through 2018.  

Parker Bestobell Marine Launches Compact Valve

Parker Bestobell Marine has launched a new compact version of its Float Isolation Valve (FLIV). The compact FLIV, which is 150mm in diameter and 600mm high, was developed to cater for the use of smaller diameter floats that are now being specified by shipyards for secondary level monitoring

South Korean Orders for MacGregor's Pusnes Deck Machinery

MacGregors Pusnes Deck Machinery courtesy MacGregors

  MacGregor, part of Cargotec, has secured orders for a series of Pusnes deck machinery packages for various shipowners. The Pusnes equipment has been specified for different ship types that are going to be built by the Hyundai Group and Sungdong Shipbuilding & Marine Engineering

MacGregor Wins Orders for Pusnes Deck Machinery

Pusnes Deck Machinery (Photo: MacGregor)

MacGregor, part of Cargotec, announced it has secured orders for a series of Pusnes deck machinery packages for several shipowners. The Pusnes equipment has been specified for different ship types that are going to be built by the Hyundai Group and Sungdong Shipbuilding & Marine Engineering

Deltamarin to Designs First LNG Handysize Bulk Carriers

Deltamarin designs of LNG handysize bulk carriers Courtesy Deltamarin

  Deltamarin Ltd proudly announces that it has signed a contract to design the world’s first LNG handysize bulk carriers, which will point the way towards greener shipping of commodities. The two B.Delta26LNG vessels will be constructed for the Finnish shipowner ESL Shipping Ltd by the

First LPG Carrier Order for MHI Shipbuilding

LPG carrier (Image: MHI)

Mitsubishi Heavy Industries Shipbuilding Co., Ltd., a group company of Mitsubishi Heavy Industries, Ltd. (MHI), announced it has received an order from Astomos Energy Corporation for a very large liquefied petroleum gas (LPG) carrier.   

ABS Deems Crowley Product Tankers 'LNG-Ready'

Ohio (Photo: Crowley Maritime Corp.)

Four-ship series built to ABS class is first to take advantage of LNG-Ready approval for potential conversion to LNG fuel in the future   ABS has issued the first LNG-Ready approval in accordance with its Guide for LNG Fuel Ready Vessels to a product tanker

Yangzijiang Secures Two VLGC Orders

Image by Yangzijiang Shipbuilding

 The Singapore-listed and China-based shipbuilder Yangzijiang Shipbuilding has secured new orders worth $730m, including two very large gas carriers, between September and October.   The  two 84,000 cbm very large gas carriers (VLGCs) were ordered by Shanghai Zhenrong Energy.

Golar and WAGL Ink Ghana FSRU Contract

Golar LNG Limited announced today that it has executed a firm contract to provide West African Gas Limited (WAGL) with floating storage and regasification unit (FSRU) services to support their liquefied natural gas (LNG) import operations in Ghana.   

In-hull Dual Fuel Engine Conversion an Industry First

Coral Anthelia (Photo: Cat Marine)

To convert its vessel Coral Anthelia to dual fuel operation, Anthony Veder worked with Cat dealer Bolier to complete the industry’s first in-hull retrofit – saving considerable time and money in the process.    The project saw the retrofit of a marine diesel engine to dual

Wärtsilä Propulsion for LNG Bunker Vessel

The Wärtsilä 34DF engine

A new 5,800-cubic-meter LNG bunker and feeder vessel, being built for Sirius Veder Gas AB at Royal Bodewes, Hoogezand, in the Netherlands, will be powered by a Wärtsilä propulsion solution. Wärtsilä, who received the contract in September

Naming Ceremony of LNG JUROJIN

LNG Carrier Courtesy MOL

  Mitsui O.S.K. Lines, Ltd. today took part in a naming ceremony for the newbuilding liquefied natural gas carrier LNG JUROJIN, which is co-owned by MOL and Kansai Electric Power Co., Inc. at the Nagasaki Shipyard & Machinery Works of Mitsubishi Heavy Industries, Ltd.

Bestobell Secures High Pressure Valve Orders

Photo: Bestobell Marine

Bestobell Marine has secured two orders to supply its new range of high pressure globe and check valves to be used in high pressure fuel gas systems on board ships.   The valves will be used within the pump and vapouriser skids for six LNG carriers that are being built at DSME shipyard and

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

Dual Fuel Bulker Gets AIP from Class NK

Classification society ClassNK has granted Approval in Principle (AIP) to a 98,000 dwt LNG-fueled bulk carrier design developed by Maritime Innovation Japan Corporation (MIJAC).   ClassNK said it carried out the safety evaluation of the vessel and approved the concept design based on the

Klaipedos Nafta and Port of Helsingborg Sign LNG Deal

Image: AB Klaipėdos nafta

 Lithuania’s Klaipedos Nafta has signed a deal with the port of Helsingborg to cooperate on the HEKLA – Helsingborg & Klaipeda LNG infrastructure facility deployment project (HEKLA).   Klaipedos Nafta has also signed a Memorandum of Understanding (MOU) with the Spanish

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