Lng Storage News

Mitsui O.S.K. Lines (MOL) has signed a long-term time charter party agreement for one floating storage and regasification unit (FSRU) with the Polish gas transmission system operator Gaz-System, which is the developer and operator behind the future LNG terminal.The FSRU will be constructed by HD Hyundai Heavy Industries shipyard and is expected to be completed in 2027. Thereafter, the FSRU will be managed by the MOL group.The FSRU is being built for the project that involves the…

Built by Rauma Marine Constructions, in Rauma, Finland, and launched in 2021, the 150-meter-long Aurora Botnia boasts a long list of onboard equipment that help it to earn its “green” designation, a label that is confirmed via a Clean Design notation from classification society DNV. The ship is also compliant with the International Maritime Organization’s (IMO) 2030 greenhouse gas reduction target.Wasaline CEO Peter Ståhlberg describes Aurora Botnia as “a masterpiece of cooperation” and noted that the vessel is over 80% domestic made."I'm really proud of the Aurora Botnia.

DNV awarded an Approval in Principle (AiP) certificate to China Merchants Jinling Shipyard (Nanjing) Co., Ltd. for its 11,000-CEU capacity pure car and truck carrier (PCTC) design.Recognized as the world's largest PCTC, the 234m long and 40m wide ship will have 14 decks allowing 11,000 car equivalent units (CEUs) to be stored simultaneously, which not only increases efficiency but also reduces the transport cost per vehicle.By implementing a combination of decarbonization measures…

Dutch tank storage company Vopak has signed an initial agreement with Japan's IHI Corporation to explore the development and operation of ammonia terminals, as they expect demand for the low-carbon fuel to grow amid energy transition.The companies will lean on their experience in building ammonia storage tanks and terminals to focus on developing large-scale ammonia storage terminals that will allow for economical distribution of the fuel, the companies said in a joint statement on Tuesday.They…

The American Bureau of Shipping has awarded an approval in principle (AIP) to Malaysian floating production firm Bumi Armada for a floating liquefied natural gas (FLNG)  infrastructure design. The new concept incorporates a barge-based liquefaction unit and utilizes existing LNG carriers for storage. ABS completed design reviews based on class and statutory requirements."We are pleased to support Bumi Armada in their ongoing efforts to offer  safe and reliable LNG storage solutions.

“If we are to state our strategy in one word, it’s decarbonization,” said Juha Kytölä, director of R&D and engineering at Finnish tech company Wärtsilä. “What we are going toward is to supply the market with a portfolio of products that are ready for zero-carbon fuels.”In order to achieve its sustainability goals—including a 2030 target for carbon neutrality in its own operations—Wärtsilä has been taking big strides in research and development, having ramped up its investment on this front in recent years, Kytölä said.

Threatened strikes by workers at Australian liquefied natural gas (LNG) providers would need to last more than a month to significantly push up global prices, analysts said this week.The Woodside Energy and Chevron operations supply about 10% of global LNG output and worries of a walkout have lifted prices of European gas benchmark TTF forward curve 5%-7% higher over the September-to-April period than just before the news of a potential strike.The three Australian plants facing possible strikes risk losing 4 to 5 billion cubic meters of production per month if they go offline…

Svanehøj and energy researchers at Engie Lab Crigen have joined forces to develop more effective safety measures regarding LNG storage on FSRU.According to Svanehøj , stratifications and roll-overs pose significant safety risks when natural gas is liquified and stored in a cryogenic state. "Recognizing the crucial importance of roll-over prediction software for LNG storage on FSRUs, Svanehøj and Engie Lab Crigen have joined hands to address this critical concern. Limited knowledge…

Work has begun to develop Greece’s first Floating Storage Regasification Unit (FSRU) at the Keppel shipyard in Singapore, with the conversion of GasLog’s DNV classed LNGC Gaslog Chelsea, recently renamed Alexandroupoli.Following conversion, FSRU Alexandroupoli will serve as an offshore storage and regasification facility and will be part of the Alexandroupolis Independent Natural Gas System (INGS). The 155,000-cbm LNG carrier, recently reflagged to the Greek flag, is the first FSRU conversion under the Greek Flag for operation in the Aegean Sea.

Freeport LNG, the second largest U.S. liquefied natural gas exporter, said on Tuesday it had received regulatory approval to restart commercial operations at its Texas processing plant.The U.S. Federal Energy Regulatory Commission (FERC) approved the partial restart of two liquefaction trains, two tanks, and one loop and dock each, a filing showed on Tuesday. Restart of a third train, along with a tank, a loop, and a dock, would require additional permission."The second LNG berth and third LNG storage tank are expected to return to service in May," Freeport said.The closely-held U.S.

The first liquefied natural gas (LNG) vessel arrived on Friday at Freeport LNG's long-idled export plant in Texas since the facility shut in a fire in June last year, according to ship tracking data from Refinitiv.The vessel Kmarin Diamond is operated by a unit of oil major BP, one of Freeport's big customers, according to several vessel tracking services.News of the vessel's arrival helped boost U.S. natural gas futures by over 5% in post-settlement trade on Friday as the second biggest U.S. LNG export plant will consume a lot of gas once it starts production again.The contract had closed at a 25-month low earlier in the week due mostly to mild weather and low heating demand.Freeport has said it would soon start sending gas to one of the plant's three liquefaction trains…

Boluda Towage has started towing services at the German port of Lubmin for the first installation of a floating LNG storage plant.The Deutsche ReGas LubminLNG import terminal will become the first operational FSRU-based facility in Germany. The floating storage and regasification unit is based inside the port of Lubmin, where an existing gas pipeline allows for a quick connection.In mid-December 2022, the 2009-built 145,000-cbm FSRU Neptune arrived in Germany’s port of Lubmin to serve the new LNG import terminal.

Dozens of ships carrying liquefied natural gas (LNG) are circling off the coasts of Spain and other European countries unable to secure slots to unload because plants that convert the seaborne fuel back to gas are full.Europe is facing an energy supply squeeze as Russia has progressively cut gas flows after the West imposed sanctions in response to the Ukraine war.The region has had to find alternative supplies, including LNG, but the arrival of multiple cargoes of the superchilled…

The second-largest U.S. liquefied natural gas (LNG) exporter on Wednesday said it reached an agreement with a federal regulator that will allow it to resume some operations at its Quintana, Texas, plant in October.Freeport LNG shut the plant, which supplies about 20% of U.S. LNG exports, following an explosion and fire on June 8. Its closure helped to push up LNG prices in Europe and Asia, and dampening U.S. natural gas prices.The operator reached a consent agreement with the…

MAN PrimeServ, the after-sales service brand of MAN Energy Solutions, signed a long-term service agreement (LTSA) with GIE Dragages-Ports, which includes inspection kits and preventative maintenance services as well as remote assistance (PrimeServ Assist) and engine-fluid analysis (PrimeServ LAB).The Samuel de Champlain dredger (117 m, 8,500 cu. m.) belongs to GIE Dragages-Ports, headquartered in Rouen, and is fitted out and operated by the Grand Port Maritime de Nantes Saint-Nazaire (Nantes Saint-Nazaire Port).Three years ago…

Lloyd’s Register (LR) has awarded approval in principle (AIP) to HJ Shipbuilding and Construction Co. Ltd (HJSC) – formerly Hanjin Heavy Industries & Construction – for its 7,700 TEU liquefied natural gas (LNG)-fueled containership.The AIP follows a memorandum of understanding (MOU) and joint development project (JDP) agreement between the two companies signed on November 24, 2021. Under the MOU, HJSC has delivered the concept and the design of the vessel, with LR reviewing and approving the design drawings…

The German government on Thursday signed agreements for the charters of four floating storage and regasification units (FSRUs), as it works to become less reliant on Russian gas, as FSRUs will enable it to import LNG from other sources.The agreements were signed for the charters of two FSRUs owned by Oslo-listed firm Hoegh LNG, and two owned by Dynagas. Hoegh LNG FSRUs will be operated by RWE, while Uniper has facilitated the charter of two FSRUs managed by Dynagas Ltd.Höegh LNG said that the detailed FSRU contracts with the German Federal Ministry for Economic Affairs and Climate Action…

Soaring demand for U.S. liquefied natural gas (LNG) as buyers steer clear of Russian fuel is putting some long-stalled U.S. export projects back on track. But rising costs for materials and labor threaten to snarl these plants once again.Two developers with projects sidelined due to the U.S.-China trade war – Energy Transfer with its Lake Charles LNG and Tellurian Inc with its Driftwood LNG – have begun talks with construction provider Bechtel Group over costs, according to a…

Excelerate Energy has started natural gas deliveries to the Brazilian market at the Bahia Regasification Terminal (TR-BA) in Salvador, Bahia, in Brazil.Excelerate's floating storage and regasification unit (FSRU) Excelerate Sequoia, which has an LNG storage capacity of 173,400 cubic meters, is providing regasification services at TR-BA. The terminal has a regasification capacity of up to 700 million cubic feet per day.Excelerate and Petrobras signed the lease contract for TR-BA on September 28, following a competitive international tender process.

There’s no energy shortage when it comes to projects promoting the viability of alternatively fueled marine vessels (alt-fueled vessels).Consider just a few examples:Crowley Maritime Corp will take delivery in 2023 of an electric tugboat, dubbed eWolf, built by Master Boat Builders in Coden, Ala.The Hydrogen One towboat, using methanol-to-hydrogen technology, is being developed by its owner Maritime Partners.Master Boat Builders and Robert Allan Ltd. announced last fall the creation of a new battery hybrid, the ElectRA 3000-H, designed for U.S.

Maritime and offshore classification society American Bureau of Shipping (ABS) has granted its approval in principle (AIP) for an innovative concept for a floating LNG (FLNG) vessel utilizing storage tanks from older LNG carriers. The design, jointly developed by Kawasaki Kisen Kaisha, Ltd. (“K” LINE) and JGC Corporation (JGC), supported by Japan’s Ministry of Land, Infrastructure, Transport and Tourism, involves transferring and reusing LNG storage tanks from spherical tank (Moss tank) LNG carriers in the hulls of new FLNG facilities.By re-using existing LNG vessels’ Type B storage tanks…

SBM Offshore, one of the world's largest suppliers of floating, production, storage, and offloading (FPSO) vessels for the offshore oil industry, is looking at ways to diversify its offering, with a more dominant role predicted for gas in the future.The company, which has the ambition to have 25% of revenues from Gas & Renewables by 2030, has this week launched a video showcasing its LNG2Wire offshore facility concept.According to the Dutch company, its LNG2Wire floating facility can produce and supply high-voltage power from LNG…

Shipbuilder and designer Vard on Monday said it delivered the newly built expedition cruise ship Le Commandant Charcot for the French cruise company Ponant.The electric hybrid polar exploration vessel propelled with liquefied natural gas (LNG) has been developed by Ponant, Stirling Design International, Aker Arctic and Fincantieri subsidiary Vard. The vessel, classified as Polar Class 2, is specially designed to bring passengers to discover the polar world’s extreme unexplored lands such as the geographic North Pole (90 degrees North Latitude), the Weddell Sea, the Ross Sea and Peter I Island.