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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


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


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.


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.   


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


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.


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


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


Nigeria LNG to Receive Four Ships in 2015

Nigeria Liquefied Natural Gas Company (NLNG) expects to take delivery of four LNG carrier ships before year-end and another two next year, its chief executive said, positioning the state-backed gas exporter to expand its share of the growing market.


India Delays 24 LNG Shiploads from Qatar

Image: Petronet LNG Limited

  India has deferred taking deliveries of at least 20 shiploads of expensive liquefied natural gas (LNG) from its main supplier Qatar and wants a rate cut matching the 60 per cent fall in international rates, as global gas prices slumped, reports Reuters.  


Eni Mulls Mozambique LNG Supply Deal

Italian oil and gas group Eni is holding discussions with a potential buyer of liquefied natural gas (LNG) supply from its floating export project in Mozambique, an executive said on Thursday. "We are in discussions with a potential buyer, a key term agreement has been finalised


Fratelli Neri Orders Damen Tug

Damens ASD 3212 Tug

One of the largest Italian tug owners, Fratelli Neri S.p.A, ordered its first Damen tug, an ASD 3212, on 21 July 2015.   The vessel will be the first ASD tug in the Mediterranean region with a Damen Render Recovery Escort winch. The family-owned


Keppel Signs $684m FLNG Conversion Deal with Golar

 Keppel Shipyard has signed its third contract with Golar Gandria for vessel conversion works.    The $684 million contract to convert a liquefied natural gas (LNG) carrier to a floating liquefaction facility (FLNG) with the subsidiary of United Kingdom-based Golar LNG will become


Shanghai Rolls out Green Port Plan

Image: Port of Shanghai

 The Port of Shanghai is aiming to reduce energy consumption per handling capacity unit by 7 percent in 2017 compared to 2010, the city’s transport commission said.    It is aiming to cut carbon dioxide emissions by 9 percent compared with 2010


Magnolia Inks deal with Meridian

Magnolia Meridian-LNG deal

  Liquefied Natural Gas Ltd informed that its 100% owned project company, Magnolia LNG, LLC signed a legally binding agreement with Meridian LNG Holdings Corp for firm capacity rights for up to 2 million tonnes per annum (mtpa) at Magnolia LNG


Excelerate Energy makes Pakistan's first STS LNG transfer

Excelerate STS LNG

  On July 17, 2015, Excelerate Energy L.P. completed the first Ship-to-Ship (STS) transfer of LNG at the Engro Elengy LNG Terminal located in Port Qasim, Pakistan. Excelerate’s floating storage and regasification unit (FSRU), EXQUISITE, received 130


Two-Stroke DF Engine Passes Critical Test

diesel WEB.jpg

The first Wärtsilä low-speed two-stroke dual-fuel (DF) engine destined for a commercial application has reportedly completed its Factory Acceptance Test (FAT) at a Chinese licensee of Winterthur Gas & Diesel (WinGD), the Switzerland-based designer


Asian LNG Spot Climbs as Jordan, Pakistan Buy

Asian liquefied natural gas (LNG) spot prices for September delivery were higher on Friday supported by nearby demand from new importers including Jordan and Pakistan, traders said. The price of Asian spot cargoes rose to $8.10 per million British thermal units (mmBtu), from $7


ABS Grants AIP for Jensen’s LNG ATB Design

Image: Jensen Maritime

A Jensen Maritime-designed, liquefied natural gas (LNG)-bunkering articulated tug-barge (ATB) has been granted approval in principle (AIP) by classification society American Bureau of Shipping (ABS). The designation establishes that Jensen’s vessel concept


Petronas-led Consortium to Start Construction of B.C. LNG terminal Soon

Gas and Power Regas Terminal. Photo: Petroliam Nasional Berhad (PETRONAS)

 British Columbia's finance minister Michael de Jong said that the construction of Petroliam Nasional Bhd’s (Petronas) $36 billion liquefied natural gas (LNG) export terminal project in Canada is expected to start in September.  


Carrier for Kansai Electric Power Named LNG FUKUROKUJU

LNG FUKUROKUJU

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


Singapore MPA Wants LNG Bunkering Options

Singapore's Maritime Port Authority is seeking proposals on liquefied natural gas bunker supplies as it shifts away from fossil fuels towards gas while trying to maintain its role as the world's top bunkering hub. The move to issue bunker supplier licences to the gas sector complements the


Carnival’s Costa Brand Orders Two LNG Cruise Ships

Meyer Werft’s shipyard in Turku, Finland (Photo: Meyer Werft)

Costa’s two new cruise ships will be the largest ever built based on guest capacity; Costa will join sister brand AIDA Cruises in building the first-ever cruise ships powered at sea by liquefied natural gas   Carnival Corporation & plc today announced that its Italian brand






 
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