Marine link

Lng Industry

Maritime Administrator Named Government Man of the Year

The Maritime Port Council of Greater New York and Vicinity has named Maritime Administrator Sean T. Connaughton its 2007 Government Man of the Year. During Connaughton’s tenure, the Maritime Administration has pursued crewing initiatives to assure more U.S. mariners may serve aboard international ships, especially those in the Liquefied Natural Gas (LNG) industry; it has also pushed the Marine Highway Initiative, an effort to better use the nation’s waterways and coastal waters to relieve landside congestion in the transportation system; and realigned its operations to better serve the industry and address current challenges.

LNG: $93B Capex in 5 Years

The new Douglas-Westwood LNG report forecasts five-year facilities Capex will exceed $93 billion. A bright future is forecast for the LNG industry, as growing long-term gas demand drives major investment in global LNG facilities. The World LNG Market Report 2011-2015, from award-winning energy business advisors Douglas-Westwood (DW), predicts the Pacific basin will be the main contributor to a ten-year global investment high of $26 billion per annum by 2015

Technip USA Announces Contract Award for the Freeport LNG Terminal

Freeport LNG Development, L.P. and Technip USA Corporation, a subsidiary of Technip have signed a contract for the Front End Engineering Design (FEED) leading to the finalization of the EPC (engineering, procurement and construction) contract for its LNG receiving terminal to be located on Quintana Island near Freeport, Texas. The FEED is expected to be completed by the end of December with the EPC phase of the project beginning in the first quarter of 2004.

Samsung Heavy Industries Building Two Golar LNG Carriers

LNG Carrier: Credit Wikipedia CCL Wmeinhart

Golar LNG Limited announces that  the Company  has entered into firm contracts with Samsung Heavy Industries Co. Ltd for a further two LNG carriers. The two additional vessels, each with a capacity of 160,000cbm have a combined total cost of slightly above $400 million. The first of the carriers is scheduled for delivery in the second quarter of 2014 and the second in early 2015. Subject to declaration deadlines

Kalleklev to Head DNV GL's SE Asia Oil & Gas

Arve Johan Kalleklev regional manager for Oil & Gas in South East Asia

  Energy demand in South East Asia is expected to grow at twice the rate of the rest of the world. DNV GL has appointed Arve Johan Kalleklev regional manager for Oil & Gas in South East Asia just as the company is establishing a dedicated LNG and Gas Consulting unit in Singapore. The unit will support the extensive development plans for a safe, secure and reliable gas and LNG infrastructure in Asia. It is estimated that USD 460 billion will need to be invested in South East

Braemar Named Engineers for Brownsville LNG Project

Sheila McClain (Photo: Braemar)

Braemar Engineering, the marine and LNG technical consultancy arm of the Braemar Shipping Services PLC group, has been appointed as Owner’s Engineers by Texas LNG Brownsville LLC (Texas LNG) for the proposed Brownsville LNG project.   The project will be constructed in a deepwater frontage site along the Port of Brownsville shipping channel, South Texas, and is anticipated to export more than 2 million metric tons per annum (MTPA) of LNG

Confirmation Arrow Energy to Acquire Bow Energy

Australia’s Arrow Energy Holdings Pty Ltd confirmed that it has entered into a Scheme Implementation Agreement with coal seam gas company Bow Energy Ltd under which Arrow has agreed to acquire all of the shares in Bow for a cash consideration of A$1.52 per Bow share. The offer values Bow at A$535 million.   Bow Board members have unanimously recommended shareholders vote in favour of the offer, in the absence of a superior proposal and subject to an independent expert concluding

Bestobell Exhibits LNG Technology

Photo courtesy of Bestobell Valves

Bestobell Valves, part of the President Engineering Group (PEGL), attended the Gastech 2014 exhibition in South Korea recently and said it had a great response from visitors across the globe, including a significant number from South Korea and Japan.  The company showcased its cryogenic valves, which are already widely used for industrial gas, LNG marine and land-based LNG (liquefied natural gas) applications across the world.

Middle East Launch of DNV GL's Safe LNG Bunkering RP

M. Shahrin Osman: Photo DNV GL

DNV GL says it is launching a new Recommended Practice (RP) on LNG Bunkering in the Middle East & South Asia. The launch in Doha is in conjunction with Qatar’s announcement that it is going to establish a strategy of supplying LNG as a marine fuel in Qatar and the other countries forming the Gulf Cooperation Council (GCC). “Qatar’s entry as a provider of LNG for the marine industry will be a game-changer given that it is the largest single exporter of LNG

LNG Shipping Rates Nosedive

LNG Ship (Source: Shell)

 With LNG prices down as slowing demand combines with rising output, the cost to ship super-chilled natural gas has also tumbled to the lowest level in more than four years and is forecast to fall further, reports Bloomberg    According to Andrew Buckland, a London-based analyst at Wood Mackenzie Ltd rates to transport liquefied natural gas have declined to about $50,000 per day and will probably go lower before recovering. In 2012 it was more than $140,000 a day.  

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

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

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

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

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

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.

Totem Inks LNG Conversion Deal with Keppel

Midnight Sun

  Totem Ocean Trailer Express announced that it has signed a contract with Keppel Offshore & Marine Ltd, wholly owned subsidiary Keppel Shipyard Ltd for the conversion of  the  Midnight Sun to dual fuel liquefied natural gas (LNG) propulsion

Bechtel Wins Contract for US' First FLNG Facility

Bechtel announced it has been selected by Delfin LNG, a wholly-owned subsidiary of Fairwood Peninsula Energy Corporation, to perform front-end engineering and design for the first U.S.-based floating liquefied natural gas vessel (FLNGV) to go into service at Port Delfin.   

Jensen Develops 2 New LNG Bunker Barge Concepts

Image: Jensen Maritime Consultants, Inc.

Jensen Maritime Consultants, Inc., a naval architecture and marine engineering firm owned by Crowley Maritime Corp., has developed two new liquefied natural gas (LNG) bunker barge concepts.   The two new fully customizable concepts aim to offering customers maximum flexibility and improved

Expert Panel Set for LNG Marine Fuel Seminar

Photo; ECM Training Services

ECM Training Services, LLC, in conjunction with Galway Group, will hold an interactive training seminar entitled "Pursuing ECA Compliance: Is LNG as a Marine Fuel Viable?" September 22-23, 2015, at Minute Maid Park in Houston.  

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).

Iran to Exporting LNG via Terminals in Spain

Image: Adriatic Liquefied Natural Gas (LNG) Terminal, Algeciras. Credit: Arup

 Iran has received a proposal from Spain to use its terminals to export Liquefied natural gas (LNG) to Europe, reports Press TV   The proposal was discussed during the meeting of Iran’s Oil Minister Bijan Zangeneh with the visiting Spanish Minister of Industry

NYK Charters 2 LNG Carriers for Freeport LNG Project

  Two joint-venture companies that NYK has established with Chubu Electric Power Co. Inc. each concluded a time-charter contract for a new liquefied natural gas (LNG) carrier with Chubu Electric Power Co. Inc. In addition, one of the joint-venture companies

BSM Explores 'LNG as a Marine Fuel'

Photo: BSM

Press release - Bernhard Schulte Shipmanagement (BSM) highlighted the issues and solutions surrounding LNG as a marine fuel at its industry forum, LNG as a Marine Fuel: Addressing the Challenges. Attended by close to 100 delegates from the ship owning, equipment manufacturing

NYK Gets Japan's First LNG-Fuelled Tug

NYK Line has taken delivery of Japan’s first liquefied natural gas (LNG)-fueled tugboat from Keihin Dock. "The new tug, named Sakigake, was delivered by Keihin Dock Co. Ltd and is expected confirm the viability of LNG as a marine fuel and to help cultivate a new business field in the

rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright