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Lng Conference

BC Port Vaunted as Future LNG Terminal

Kitsault Map: Photo credit Kitsault

Kitsault Energy names Kitsault as an ideal location for a deep-water LNG terminal north of Prince Rupert, British Columbia. Located 800 km (500 miles) north of Vancouver, British Columbia and 140 km (85 miles) north of Prince Rupert, British Columbia, Canada, Kitsault is a purpose-built resource community with complete community infrastructure and housing for more than 1000 residents. With nearly 350 acres of industrial and residential land, full BC Hydro service, and a deep water port, Kitsault makes both economic and environmental sense as the preferred location to be the Liquefied Natural Gas (LNG) terminal site for the export of natural gas from North East British Columbia to Asia and other markets. LNG pipeline routing to Kitsault has already been proposed by others. An export terminal at Kitsault for LNG operation will have the shortest natural gas pipeline for the projects currently proposed in that region, saving 100 to 300 kilometers of pipeline at a cost savings of 1 to 3 Billion CAD / USD. The infrastructure in place in and around Kitsault will also allow for an accelerated start to the creation of an LNG plant and energy export facility. Kitsault already has staff housing, utilities, land, as well as multiple airport facilities, including an unused long runway airport at Nass Camp, one hour from Kitsault and 75 minutes from Terrace. Kitsault can also be accessed by float plane, helicopter, and road. Land exists to establish a runway in Kitsault itself.


Market Report: Long-Term Healthy LNG Ship Demand

The healthy LNG ship newbuilding orderbook is likely to continue through to the end of this decade. An additional 50 new ships will be required for delivery in-service within the next 10 years provided LNG growth continues at eight percent. This was amongst one of a number of detailed conclusions from recent research into LNG ship supply and demand, the results of which were presented recently at the North American LNG conference in Houston by Graham Marshall, V.P


Conference to Examine Global LNG Marketplace

Zeus Development Corporation announces the organization of a conference, March 12-14, 2003, in Los Angeles, to consider the implications of West Coast terminals for the global LNG industry. "With numerous onshore and offshore terminal proposals under evaluation on the West Coast by ChevronTexaco, Marathon, Shell, Mitsubishi, El Paso and others, the LNG industry will likely drive the golden spike in its circumference of the globe this decade," said Bob Nimocks


Dominion Cove Point LNG, LP – technical conference

The Federal Energy Regulatory Commission (FERC) is convening a technical conference in Washington, DC on November 9 (tomorrow) to discuss certain issues raised by a recent filing of the Dominion Cove Point LNG, LP. The purpose of the technical conference is to discuss whether the language proposed in the filing is consistent with current FERC policies concerning title transfer tracking, as well as the practices of other LNG terminals. 69 Fed. Reg. 64756 (HK Law).


SHIPPINGInsight 2014: Sept. 30-Oct. 2

Photo: SHIPPINGInsight

Maritime industry executives from around the world will convene in Stamford, Conn., Sept. 30 through Oct. 2, 2014 for SHIPPINGInsight 2014. Entering its third year, SHIPPINGInsight has become established as the premier maritime industry technical forum in North America addressing practical solutions for the challenges facing ship operators. For 2014, the conference organizers are expanding the event with the addition of a dedicated Marine LNG Symposium, Sept


FMC's Doyle: LNG Bunkering Needs to Move Forward

FMC Commissioner William P. Doyle

FMC Commissioner William P. Doyle delivered the keynote address to LNG Bunkering North America conference Vancouver, Canada, providing insight into LNG as a marine fuel and LNG bunkering. "Liquefied Natural Gas (LNG) bunkering in North America is moving forward. Quite frankly it needs to move forward,” Doyle said. “There is an abundant supply of natural gas in North America. Utilizing natural gas as a marine fuel would help ship owners and operators comply with the MARPOL


Teekay LNG to Announce 4Q Results

Teekay LNG Partners L.P. plans to release its financial results for the fourth quarter and fiscal year 2006 after market close on Wednesday, February 21, 2007. The Partnership plans to host a conference call on Friday, February 23 to discuss the results for the quarter and fiscal year.


OTC Celebrates 35 Years of Innovation

The annual Offshore Technology Conference (OTC) is scheduled to convene in Houston's Reliant Center on May 3-6. The event, expecting to draw more than 2,000 exhibitors and 50,000 attendees, celebrates 35 years of innovation and the importance of offshore resources. Aptly themed "Innovation Without Limits," OTC will feature nearly 50 technical sessions and more than 340 technical presentations, introducing the latest offshore technology to participants


Tips on Reducing Ship Operating Costs

Anthony Chiarello, President and CEO of Tote, Inc., is the featured Keynote Speaker at the SHIPPINGInsight Fleet Optimization Conference, October 22-24, 2013.

While there are indications that the shipping industry is starting to emerge  from the doldrums of the last six years, signals remain mixed.  Moore Stephens reported in June that shipping confidence has risen to its highest point since 2010. Indeed, there are signs of a new wave of speculative ordering of new tonnage, propelled by bargain-basement prices from shipyards desperate to fill slots and a reported influx of capital from private equity sources


SHIPPINGInsight 2014 Wraps in Stamford

Photo courtesy of SHIPPINGInsight

Three days of speakers, panels, roundtable discussions, exhibits and networking events More than 150 shipping industry professionals from around the world gathered this month in Stamford, Conn., for SHIPPINGInsight 2014 – a technical and ship operations forum for the maritime industry in North America. The annual SHIPPINGInsight event, held Sept. 30 – Oct. 2, encompassed three days of presentations, discussions, debates and networking


SHIPPINGInsight to Focus on Ship Telematics

Shane Rossbacher, will open the Ship Telematics session as keynote speaker

  The subject of ship telematics will be prominently featured at the upcoming SHIPPINGInsight 2015 Fleet Optimization Conference & Exhibition, which takes place in Stamford, Conn., Oct. 13-14. Big Data, connected ships and cyber security will be the exclusive focus on Day 2 of the


Egypt Picks Jordan LNG Cargo Winners

Egypt has picked Shell, Vitol and Trafigura in a tender to supply four cargoes of liquefied natural gas (LNG) via Jordan's Aqaba import terminal, trade sources said. Shell will supply two cargoes while trading houses Vitol and Trafigura will supply one each, traders said.


Mary Anne Rooney Named APP President

Mary Anne Rooney (Photo: Port of Hueneme)

Mary Anne Rooney, Harbor Commissioner at California’s Port of Hueneme, has been named President of the Association of Pacific Ports (APP), a trade and information association promoting increased efficiency and effectiveness of Pacific ports.  


Russia’s Novatek Sells 10% Of Yamal LNG To Chinese Fund

Image: OAO NOVATEK

 Russia’s second-biggest gas producer Novatek is selling a 9.9 percent stake worth an estimated US$1.4 billion in its Yamal liquefied natural gas (LNG) project to a China’s Silk Road infrastructure fund, reports Reuters.    


Liberian Registry Shortlisted for Ship Efficiency Awards

Scott Bergeron (Photo: Liberian Registry)

The Liberian Registry has been named as a finalist for the 2015 Ship Efficiency Awards.   The Liberian Registry was selected as one of five finalists for the Initiative of the Year award. The nomination is in respect of Liberia’s Global Eco-Upgrade Financing Program


Qatar Onslaught of LNG Supply to Shake-up the Market

Photo: Qatargas Operating Company Limited

 Gas giant  Qatar is the world’s top supplier of liquefied natural gas (LNG), but in the coming five years it could be surpassed by Australia, a shift which could weigh on its dominance in Asia, reports Reuters.   Asia accounts for almost three quarters of the global market


Rosneft, EGAS Ink LNG Supply Deal

HO of  Egyptian Natural Gas Holding Company

  Rosneft Trading SA, a company of Rosneft Group, and the Egyptian Natural Gas Holding Company (EGAS) signed a Master LNG Supply and Purchase Agreement. The document was signed by the Chairman of Rosneft Management Board Igor Sechin and the Chairman of EGAS Eng


Wärtsilä 34DF Becoming a Trendsetter

Picture of a 6-cylinder in-line Wärtsilä 34DF engine.

  The upgraded version of the Wärtsilä 34DF engine is rapidly becoming established as an industry standard. The three major South Korean shipyards are supporting the use of this engine for auxiliary applications in the LNG Carrier segment where dual-fuel engines are favoured


Yamal LNG Arctic Project in Doldrums

Yamal LNG in the Icy Russian Arctic. Photo by Total

 The massive $27 billion Yamal LNG liquefied-natural-gas venture in the Arctic Circle, a centerpiece of President Vladimir Putin’s plan for Russia has been squeezed by U.S. restrictions on OAO Novatek, says a report in the WSJ.  


Strong Returns for Sovcomflot

Grand Aniva is one of two Sovcomflot LNG tankers chartered by the operator of the Sakhalin-2 project – Sakhalin Energy Investment Company (SEIC). The photo has been provided by SEIC.

 Russia’s biggest shipping company PAO Sovcomflot (SCF Group) surpassed its own expectations and went forward on both revenue and net profit in the first six months.   It has posted a gross revenue increase of 11.8 per cent in the first half of 2015 worth USD 754


Hitachi Gas Supply System Order for MHI

LNG pressurizing part of high-pressure gas supply system (MHIs testing equipment of the same type)

  Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Hitachi Zosen Corporation for a high-pressure gas supply system enabling use of natural gas as fuel in marine engines. In lieu of conventional heavy oil, the system supplies liquefied natural gas (LNG)


HHI Orders Regasification Systems from Wärtsilä

The Wärtsilä regasification module seen here with storage tank and filter/heater module (Photo: Wärtsilä)

South Korean shipyard Hyundai Heavy Industries (HHI) has ordered two seawater/propane based regasification modules from Wärtsilä. The systems are to be installed on floating storage and regasification unit (FSRU) vessels owned by Höegh LNG


Nominations Invited for BIMCO Awards

Award Nominations

  BIMCO, the world’s largest international shipping association is now calling for nominations for its prestigious awards, to be presented in Hamburg in November 2015.   Angus Frew, Secretary General at BIMCO, said, “We are looking forward to receiving nominations from


LNG-fueled Box Ship a 'Momentous Step Forward'

Perla del Caribe, the second of two LNG-fueled Marlin Class ships built by General Dynamics NASSCO for Tote, was launched at NASSCO’s yard in San Diego. (Photo: General Dynamics NASSCO)

On Saturday, August 29, 2015, the world’s first series of energy efficient containerships welcomed its second LNG-powered vessel in San Diego, fueling the U.S. maritime industry with cutting edge economic and environmental efficiencies powered by liquefied natural gas (LNG).


TEN Charters Tanker at 20% Premium

Tsakos Energy Navigation Limited announces two-year charter renewal at a 20 percent premium to prior contract reflecting strong tanker market fundamental, oil price levels positive for tanker markets   Greece-based crude, product and LNG tanker operator Tsakos Energy Navigation Limited






 
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