Joint Venture to Develop First LNG Ship Bunkering Hub in US Gulf
A joint venture is developing the first dedicated liquefied natural gas (LNG) bunkering facility for ships in the U.S. Gulf amid efforts by the maritime industry to find cleaner fuel solutions, executives said on Thursday.Shipping, which accounts for nearly 3% of global CO2 emissions and is under pressure from investors and environmental groups to accelerate decarbonisation, is exploring a number of other technologies including ammonia, methanol and wind in an effort to move away from dirtier bunker fuel.
QatarEnergy Orders 17 Ultra-Modern LNG Carriers for $3.9 Billion
Qatari oil and gas company QatarEnergy has ordered 17 "ultra-modern" LNG carriers from South Korea's HD Hyundai Heavy Industries (HHI).The deal, signed at a ceremony in Seoul, is valued at 14.2 billion Qatari Riyals (currently around $3,9 billion), and marks the start of the second phase of QatarEnergy's LNG ship acquisition program, which will support its expanding LNG production capacity from the North Field LNG expansion and Golden Pass LNG export projects as well as its long…
Titan and 123Carbon Partner on Carbon Insetting
Fuel supplier Titan and 123Carbon, the first independent blockchain-based carbon insetting platform for the transport sector, have issued what they claim is the first LNG-based carbon insets.Carbon insetting enables fuel suppliers and vessel operators to transfer the environmental benefits of clean, lower carbon intensity fuels throughout the maritime value chain, enabling decarbonisation within their own supply chains. This contrasts with offsetting where the environmental benefits are made given to other industries or ventures.There are…
Pavilion Energy, CNOOC Complete First Bunker Delivery to LNG-powered VLCC
Singapore's Pavilion Energy and China's CNOOC Gas and Power Group completed their first liquefied natural gas (LNG) ship-to-ship bunker operation for a very large crude carrier (VLCC) at China's Guangzhou port, the companies said on Thursday.A total of 2,800 metric tons of LNG was delivered from CNOOC's LNG bunker vessel Hai Yang Shi You 301 to the VLCC Maran Dione, owned by Angelicoussis Group's Maran Tankers Management (MTM), the companies said in a joint statement.The bunker operation came after Pavilion Energy…
Hoegh Pens 10-year FSRU Charter Deal with Germany
Höegh LNG said Thursday it had signed a binding 10-year charter with the German government for the supply of the floating storage and regasification unit (FSRU) Hoegh Gannet.The FSRU vessel will be based at the Deutsche Energy Terminal GmbH-run Elbehafen LNG project in Brunsbüttel. The Elbehafen LNG project is developed by RWE and its subsidiary Elbehafen LNG in close cooperation with its partners, Höegh LNG. "We are proud to sign the second contract with the Federal Government…
First Full LNG Cargo Arrives to Uniper's Wilhelmshaven LNG Terminal
Today, Uniper brought Germany’s first full cargo of liquefied natural gas (LNG) to the new LNG terminal, operated by Uniper, in Wilhelmshaven.The LNG ship Maria Energy, owned by Tsakos Energy Navigation was loaded in Calcasieu Pass, USA, at the liquefaction facility of the LNG supplier Venture Global Calcasieu Pass, LLC, on December 19, 2022.The Uniper LNG terminal in Wilhelmshaven was opened on December 17, 2022. Via the Floating Storage and Regasification Unit (FSRU) Höegh Esperanza…
Belgium's Exmar Loss Deepens as it Seeks LNG Ship Charterer
Belgian shipowner Exmar reported a wider loss in the first quarter of 2022 as it continued to seek a user to charter one of its giant liquefied natural gas (LNG) ships.Exmar, which offers maritime and offshore services, reported a consolidated loss after tax of $7.7 million in the first three months, against a loss of $2.2 million a year earlier.Earnings were hit by two of Exmar's mammoth floating storage and regasification units (FSRU) being out of use during the quarter, but…
North Field Expansion: Qatar Petroleum Orders LNG Carrier Quartet in China
Qatar Petroleum has ordered four new LNG carriers from Hudong-Zhonghua Shipbuilding Group, a subsidiary of China's CSSC, as part of its North Field expansion project."These four carriers are the first batch of orders in Qatar Petroleum’s massive LNG shipbuilding program, which will cater for future LNG fleet requirements for the North Field expansion projects as well as for existing vessel replacement requirements. This order is also the first ever placed by Qatar Petroleum or any of its affiliates with a Chinese shipyard for LNG ships…
Svanehøj Buys Wärtsilä Tank Control Systems
Finland-based marine equipment and technology firm Wärtsilä has sold Wärtsilä Tank Control Systems business to Svanehøj, a Danish gas pump specialist involved in the design and manufacture of specialized deep well pump solutions within the areas of gas pumps, fuel pumps, products and chemicals, and offshore products.Wärtsilä Tank Control Systems designs, builds, sells, and services measurement systems for gas tanks on LNG ships, offshore storage, and land-based LNG terminals.
Trelleborg Acquires Composite Hose Supplier Gutteling Group
Trelleborg has, through its Trelleborg Industrial Solutions business area, signed an agreement and finalized the acquisition of the Dutch company Gutteling Group BV. The company develops and sells composite hoses to the chemical industry and is the market leader in hoses for liquefied natural gas (LNG) ship-to-ship transfer. The acquisition complements Trelleborg’s industrial hose, and specifically, composite hose, offering. Composite hoses are mainly used for aggressive chemicals…
Novatek Starts LNG Ship-to-ship Operations in Murmansk
Russian gas producer Novatek has started ship-to-ship loadings of liquefied natural gas from the Yamal LNG project near the northern port of Murmansk, shifting away from Norway, ship tracking data at Refinitiv Eikon showed on Monday.The company previously conducted such operations at a terminal at the Norwegian Arctic port of Honningsvag. However, Oslo has faced pressure from the United States to stop Novatek from using a Norwegian port, with Washington arguing that such operations…
Costa Cruises Completes Italy's First LNG Bunkering
Carnival Corporation's Costa Cruises brand said its liquefied natural gas (LNG)-powered flagship Costa Smeralda has become he first vessel to bunker LNG in Italy.Carried out in the port of La Spezia and completed at 6 p.m. on Sunday, the operation was supported by the Italian Coast Guard, Port Authority of Eastern Ligurian Sea, local authorities and Shell, which is the LNG supplier partner for Costa Group and its parent company, Carnival Corporation.The operation took place with the ship berthed at Molo Garibaldi pier…
S. Korean Shipbuilder Shares Soar on $19B Deal with QP
Shares in South Korean shipbuilders rallied more than 20% on Tuesday following $19 billion worth of deals to build vessels for Qatar Petroleum (QP).QP said on Monday it has signed agreements with South Korea's "Big 3" shipyards to secure more than 100 ships costing over 70 billion Qatari riyals ($18.65 billion), describing the deals as "the largest LNG shipbuilding in history."The agreements signed with Daewoo Shipbuilding & Marine Engineering Co Ltd, Hyundai Heavy Industries…
Qatar Petroleum in 'Largest LNG Shipbuilding Deal in History'
Qatari state-owned oil and gas company Qatar Petroleum has entered into what it says "are the largest LNG shipbuilding agreements in history to secure more than 100 ships valued in excess of QR 70 billion [USD19,2 billion] to cater for its LNG growth plans." Qatar Petroleum said Monday it had entered into three agreements with Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries (HHI), and Samsung Heavy Industries (SHI), respectively, to reserve LNG ship construction capacity in South Korea…
Qatar Books Chinese Shipyard Capacity in LNG Carrier Fleet Expansion Push
Qatari state-owned oil and gas company Qatar Petroleum has signed a deal to reserve LNG ship construction capacity in China in a deal potentially worth more than $3 billion.QP said that the reserved LNG carrier construction capacity would be used for QP’s future LNG carrier fleet requirements, including those of its ongoing expansion projects of the giant offshore gas field North Field.Qatar Petroleum struck a deal with and Hudong-Zhonghua Shipbuilding Group Co., Ltd., a subsidiary of China State Shipbuilding Corporation Limited (CSSC).
LNGSTS Hits 112 STS LNG Transfers in 2019
LNGSTS, a unit of Teekay Tankers, has closed the year 2019 with a record number of 112 open water liquefied natural gas (LNG) ship-to-ship (STS) cargo transfers.From November 2018, until July 2019, LNGSTS was the technical and manpower service provider for the largest ever LNG ship-to-ship project, located in Honningsvag, Norway, the company said in a press release.Under the challenging Arctic conditions, LNGSTS completed 123 STS operations from 11 different ARC7 vessels to 14 different conventional LNG carriers at 3 different anchorages simultaneously.In addition to the provision of the STS services, LNGSTS also developed the terminal…
First LNG Bunker License for Kairos
In December Nauticor's “Kairos” received the first license to conduct LNG ship-to-ship bunkering operations in the port of Rostock. The long-term permit was issued by the port authority of Rostock.The permit to conduct ship-to-ship LNG bunkering operations in the largest German Baltic Sea port was awarded in a timely manner and will be the basis for the supply of LNG to a variety of customers. The preparations for the supply of LNG to their vessels are already ongoing and the first operations will be conducted within the next weeks.
Bahri Looks to Make LNG Foray
Saudi Aramco's shipping arm Bahri has issued an expression of interest (EOI) to charter up to 12 liquefied natural gas (LNG) tankers from 2025, its first foray into the superchilled fuel, industry sources said on Monday.No further details were immediately available and Saudi Aramco declined to comment. EOIs are preliminary enquiries that may or may not turn into full-fledged orders.According to Bahri's website, the national shipping carrier of Saudi Arabia has six business units dealing in oil…
CMA CGM and Total to Develop LNG Ship Refueling in Marseille
Container shipping firm CMA CGM will use the French Mediterranean port of Marseille for refueling some of its planned gas-powered vessels, backed by a supply partnership with energy group Total.Total will supply liquefied natural gas (LNG) and a refueling barge to enable CMA CGM to refuel LNG-powered vessels at the Marseille-Fos hub starting in 2021, the companies said in a joint statement on Wednesday.The initiative covers five vessels with a capacity of 15,000 twenty-foot equivalent…
50 years of LNG imports in Japan
Japanese gas buyers marked the 50th anniversary since the first cargo of liquefied natural gas arrived in Japan, now the world’s biggest importer of the fuel.On November 4th, 1969, LNG was first imported to Japan. Tokyo Electric Power Company (now JERA Co., Inc.) and Tokyo Gas, through Mitsubishi Corporation acting as a buyer’s agent, started receiving LNG in 1969 from the Alaska LNG Project with Phillips Petroleum (now ConocoPhillips) as a seller.Demand for LNG and natural gas is expected to further increase globally, especially in the emerging countries. The role of LNG and natural gas is expected to expand further in the next half century…
Japan Marks 50 years of LNG Imports
Japanese gas buyers on Wednesday marked the 50th anniversary since the first cargo of liquefied natural gas (LNG) arrived in Japan, now the world's biggest importer of the fuel.The arrival of the cargo on Nov. 4, 1969 helped transform Japan's energy system, which had relied on oil, coal and gas from coal in an era of high growth, before nuclear power was developed.But Japan's energy situation is undergoing huge changes in the wake of the Fukushima nuclear disaster in 2011, which…
Steel Cut for 1st LNG-fueled Ship in France
MSC Cruises, a global cruise line registered in Switzerland and based in Geneva, has held a steel-cutting ceremony for its first new-generation World-Class ship at the Chantiers de l'Atlantique shipyard in Saint-Nazaire, France.The first of five liquefied natural gas (LNG) powered cruise ships on order, MSC Europa is the first LNG ship to be built in France.On the occasion of the cutting of the first steel ceremony held in Saint-Nazaire, MSC and Chantiers de l’Atlantique unveiled a groundbreaking R&D project named PACBOAT.The project focuses on the integration of a new fuel cell technology demonstrator onboard the first of four MSC Cruises’ World Class of vessels, due for delivery in 2022.
Korean Shippers Jointly Pitch for Qatari LNG Newbuilds
Five South Korean shipping companies - Korea Line, Pan Ocean, SK Shipping, Hyundai LNG Shipping and H-Line Shipping - could partner up to secure liquefied natural gas transportation services for Qatar’s LNG production capacity expansion project.Qatar Petroleum is expected to put up shipping contracts for at least 40 LNG carriers by the end of the year for its North Field Expansion project, which aims to increase the nation’s LNG production capacity from 77 million tons to 110 million tons per annum starting in 2024.According to Yonhap, the Qatari state-run company will need an additional 60 LNG carriers for the project.While South Korea’s major shipbuilders are considered the favorites to take the LNG carrier construction orders from Qatar due to their dominant presence in the LNG ship ma