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Lng Fleet

RasGas Adds Seven New Ships to LNG Fleet

RasGas Company Limited (RasGas), the Qatar based premium LNG exporter, continues to grow its fleet to meet global demand. RasGas, Teekay Nakilat and J5 name seven Q-Flex LNG carriers that will enter long-term RasGas charters in ceremonies at both the Samsung Heavy Industries (SHI) and Daewoo Shipbuilding and Marine Engineering (DSME) shipyards in South Korea. These ships bring the RasGas LNG fleet to a total 20 ships ranging from 138,000 cu.m through to 217,000 cu.m. On the February 20, in the first of two naming ceremonies, the first four Q-Flex ships with a cargo carrying capacity of 217,000 m3, approximately 50 per cent larger than conventional ships and the largest ships currently chartered by RasGas were formally named by VIP sponsors. Built by SHI at the Goje Island shipyard, the ships are owned by Teekay Nakilat (III Corporation) and will deliver LNG in the main to the Far East and US markets. At the ceremony the vessels were named by representatives from RasGas, ExxonMobil, and Distrigas, one of RasGas' European customers. Hamad Rashid Al Mohannadi, RasGas Managing Director (CEO) was the proud sponsor of the 'Al Kharsaah'. Whilst the 'Al Huwaila' and 'Al Shamal' were named by Mrs. Sherry Swiger, wife of Mr. Andrew Swiger, President ExxonMobil Gas and Power Marketing Company and Mrs. Ruth Billings, wife of Mr. Ron Billings, Vice President Global LNG, ExxonMobil Gas and Power Marketing Company respectively

Shell to Manage Nakilat’s LNG Fleet

Qatar Gas Transport Company Ltd (Nakilat) has appointed Shell International Trading and Shipping Company Limited (Shell) to manage its fleet of at least 27 new LNG carriers in a 25-year deal. Under this arrangement it is expected that Operational Management will be transferred to Nakilat within 12 years. The agreement will involve Shell providing a range of shipping services to Nakilat including ship management as well as the transfer of know how and expertise to allow Nakilat to

LNG Training Agreement To Be Signed

Maritime Administrator Sean T. Connaughton, presidents of the major seafaring unions, and the heads of major maritime academies will sign an agreement on June 5 to implement a set of universal standards in training crews for tankers carrying Liquefied Natural Gas (LNG). The standards were developed by an industry working group facilitated by the Maritime Administration. The agreement will help expand the pool of U.S

LNG Market Poised for Massive Growth

There has been plenty of talk recently about the birth of a spot and short-term charter market for lng carriers. Indeed some LNGoperators have formed strategic alliances to prepare for these potentially new trades. However, R.S.Platou Shipbrokers of Norway believes that the volume of LNGtonnage currently on order could yet force some owners to work short-term deals by the end of this decade whether they like it or not.

SUEZ LNG implements U.S. Citizen Crewing Agreement

SUEZ LNG, Massachusetts Maritime Academy (Academy), and the International Organization of Masters, Mates and Pilots (MM&P) announced an agreement to recruit, train, and supply U.S citizen mariners for service on the LNG tankers owned or chartered by SUEZ LNG. SUEZ LNG, in compliance with the deepwater port license agreement signed with Maritime Administrator, Sean T. Connaughton, will collaborate with both the Academy and the MM&P Union to train and employ U.S

Japan Seeks Share of LNG Carrier Shipbuilding Market

LNG Carrier by Kawasaki Heavy Industries

 Japanese market players ramp up their design efforts for fuel-efficient engines to challenge Korean yards as demand for super-cooled fuel is set to soar, says a report in South China Morning Post.    A total of 50 to 60 LNG ships annually are forecast to be delivered globally in 2017 and 2018, aided by US shale export projects, according to an estimate by analyst Masanori Wakae at Mizuho Securities.   

Harvey Gulf Breaks Ground with LNG Facility

Artists Depiction: the Harvey Gulf LNG Fuleing facility in Port Fourchon, LA.

Louisiana out in front on LNG bunkering infrastructure. New Orleans-based Harvey Gulf International Marine (HGIM) has announced the ground breaking of construction on its $25 million Phase 1, Slip B, LNG (Liquefied Natural Gas) fueling facility at their Port Fourchon, LA terminal. When operational later this year, HGIM’s LNG facility will be the first of its kind in the United States. This technologically-advanced, environmentally-safe

LNG-FSRU Vessel: BW Place Samsung Contract

A BW VLCC: Photo credit BW Maritime

BW Maritime inks contract with Samsung Heavy Industries for BW’s first Liquefied Natural Gas Floating Storage Regasification Unit (LNG-FSRU). Expected to be delivered in 2015, it will be the latest addition to BW's fleet of 16 LNG carriers, building on and increasing its existing LNG expertise.  This vessel and floating terminal will be able to receive and convert LNG into its gaseous form for offloading via pipelines, to gas facilities on-shore.

LR Report: 75 New LNG Ships for the U.S.

Lloyd's Register (LR) released the results of its extensive research into the LNG market. Talking at the LNG conference The role of LNG in North American and Caribbean gas supply in Washington D.C., LR said that between 27 and 75 new LNG ships will be needed to meet the demand for LNG over the next decade in the US market alone. Many factors have been considered by LR in its forecast of the LNG market, including consideration of replacement of ageing existing ships

Wilson, Watson to Keynote SHIPPINGInsight 2014

Michael Wilson (left) and Jim Watson

Maritime industry executives Captain Michael Wilson and Jim Watson are keynote speakers for SHIPPINGInsight 2014, North America’s premier maritime industry technical forum, Sept. 30 through Oct. 2, 2014 in Stamford, Conn., at the Sheraton Stamford Hotel. Wilson, president of Laurin Maritime (Americas) Inc. and chief operating officer of Laurin Maritime, and Watson, president and chief operating officer of ABS Americas

Becker Marine, Kotug Sign MOU for LNG Hybrid Barge

From left to right: Ard-Jan Kooren (KOTUG), Dirk Lehmann (Becker Marine Systems) and Arjan Stavast (Shell Downstream LNG)

Press release - Becker Marine Systems and KOTUG signed a Memorandum of Understanding to launch a LNG Hybrid Barge in the Port of Rotterdam with effect from June 2017. The LNG Hybrid Barge, a floating energy plant, is designed to provide environmentally friendly power for ships in ports

Teekay LNG Partners Declare Distribution


  Teekay GP LLC, the general partner of Teekay LNG Partners L.P. has declared a cash distribution of $0.70 per unit for the quarter ended September 30, 2015. The cash distribution is payable on November 13, 2015 to all unitholders of record as at October 13, 2015.

MARAD to Fund Study on LNG Conversions

Midnight Sun will be converted to dual fuel LNG propulsion starting in December 2015 (Photo: TOTE)

MARAD provides funding to further study LNG as marine fuel for containerships The U.S. Maritime Administration (MARAD) announced it has entered a $900,000 cooperative agreement with Totem Ocean Trailer Express Inc. (TOTE) to study the costs and benefits of converting vessel to liquefied natural

Singapore Offers Funding to Build LNG Vessels

Image: MPA

 Singapore Offers Funding to Build LNG Vessels   Port of Singapore offers S$12 million funding for building of LNG-fuelled vessels as Singapore advances LNG bunkering efforts to meet future demand   The Port of Singapore, regarded as a leading bunkering hub

Crowley Acquires Jones Act Tankers

Crowley Takes Delivery of First of Four New, Jones Act Tankers from Aker Philadelphia Shipyard

  Crowley Maritime Corp. took delivery of Ohio, the first of four new, Jones Act, product tankers this week from Aker Philadelphia Shipyard, Inc. (APSI), the wholly-owned U.S. subsidiary of Aker Philadelphia Shipyard ASA. The delivery is momentous not only for Crowley

BW Gas Floating LNG Terminal Arrives in Egypt

A second liquefied natural gas (LNG) import terminal arrived in Egypt without cargo on Wednesday and will start operating in the third week of October, state gas board EGAS head Khaled Abdel Badie told Reuters. The floating storage and regasification unit (FSRU) provided by Singapore-based

Qatar – World's Biggest LNG Exporter

Photo:  Qatargas Operating Company Limited

 Qatar has retained the crown of the biggest exporters of natural gas and the biggest exporter of liquid gas or LNG in the world, reports The Peninsula.   The country exported nearly 77 million tonnes (MT) of Liquefied Natural Gas (LNG) in 2014 which was approximately one-third of

LNG Cement Carrier Greenland Ready for Launching

M.V. ‘Greenland’ bn 423. Photo by  Ferus Smit

 LNG-powered M.V. Greenland, a dedicated cement carrier, will be launched on October 31 at Ferus Smit Westerbroek Yard in the Netherlands.   The vessel will be one of the first ever dry cargo vessels with an LNG fuelled propulsion system

Seaspan Unveils Massive Barge in Canada

Seaspan 252 (Photo: Paul Hilder)

Seaspan bulks up investment in BC’s marine sector, celebrates addition of fourth new barge in the past 10 months  Seaspan Marine unveiled the newest addition to its marine fleet, a 16,000-metric-ton barge named Seaspan 252, during an official commissioning ceremony at Seaspan’s

Dredging Contract Awarded for Corpus Christi LNG Terminal

U.S. dredging services provider Great Lakes Dredge & Dock Corporation announced it was awarded a contract for work on an export terminal under the development of Corpus Christi Liquefaction, LLC (CCL).   CCL, a subsidiary of Cheniere Energy, Inc

Wärtsilä to Optimize GasLog's LNG Carriers

GasLogs Santiago vessel (Photo: Wärtsilä)

Wärtsilä informs it has signed a maintenance agreement with the GasLog LNG Services Limited that aims to ensure the reliability of operation of GasLog's seven LNG carriers, each having a cargo capacity of 155,000 cbm.   According to Wärtsilä

GTT Receives 3rd FSRU Order of 2015

GTT, a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), announced it has won a new order for a floating storage and regasification unit (FSRU) from the Korean shipbuilder Samsung Heavy Industries.  

Shell Plans Second LNG Terminal in India

Image: Hazira LNG and Port

The Hague-based global energy giant Royal Dutch Shell is planning to establish a floating liquefied natural gas (LNG) facility on the east coast of India at Kakinada in Andhra Pradesh.    Shell already has a 5 million tonne LNG terminal at Hazira in Gujarat set up nearly a decade back

EC Approves Aid for Finland's First LNG Terminal

Pori LNG terminal Photo: Gasum Oy

 The European Commission has approved under EU state aid rules Finland's plans to grant €23 million to construct a small scale LNG terminal at Pori on Finland's west coast.   The European Commission has concluded that Finland's plans to grant €23 million of public funding for

China Shipping Firms, Dynagas Mull Arctic LNG Vessel Deal

China Merchants Energy Shipping, Sinotrans Shipping and Greek shipping firm Dynagas are in talks to form a joint venture to build five vessels to ship liquefied natural gas (LNG) from the Arctic, the firms said. China Merchants said in a stock exchange statement on Tuesday that its board had

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