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Lng Technology

ABS, DSME Partner on First LNG Fueled Drillship

Innovative LNG fueled drillship project will promote energy efficiency and environmental sustainability in offshore operations. ABS, a provider of classification services to the global offshore industry, has entered into a joint development project (JDP) with South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) to develop the industry's first LNG fueled drillship. The JDP will address challenges associated with storing and managing cryogenic LNG safely by combining DSME's experience developing and applying LNG technology to floating structures with ABS' technical standards and experience working on a number of gas-fueled, LNG and regasification unit projects. "This project builds on years of collaboration between ABS and DSME to evaluate innovative design concepts and new approaches that serve the needs of our clients and feature enhanced safety and efficiency standards," said Dr. Hoseong Lee, ABS Vice President, Global Korea Business Development and ABS Korea Energy Technology Center in Busan. "We are targeting the Gulf of Mexico as a key market for an LNG fueled drillship where, given the abundance of affordable shale gas resources in the U.S., LNG as a marine fuel makes good economic sense." To initiate the project, DSME has performed a concept design, comparison between two types of LNG storage tanks and analysis of the fuel gas supply system that will be installed on the drillship


Terntank Orders 2 More LNG Fueled Tankers

Chartering Dept of Terntank

Terntank proclaims its options on two sister ships to the two LNG powered product tankers ordered in the autumn of 2013. The oil company NEOT also confirmed that they are taking in two of these on time charter. Terntank Rederi AS now has four LNG powered 15,000 dwt product tankers on order at the Chinese shipyard Avic Dingheng Shipbuilding Co., Ltd. The ships will be delivered at three-month intervals so that the first one will be delivered in the spring of 2016 and the fourth in the


Being LNG Ready could be the Best Option for Many Ships

Photo: DNV

DNV now offers shipowners the support they need to make newbuilds and existing vessels LNG ready with class approved designs, ready for later, simple retrofit of LNG technology. The service enables shipowners to make smart choices and minimal investments now in readiness for when LNG bunkering becomes widely available. Shipowners are supported through all stages of the decision-making process as they prepare to meet the IMO air emission regulations entering into force from 2015


LNG Changeover Log-jam in N. American ECA

Image courtesy of DNV

The IMO (International Maritime Organization) has chosen DNV to gather knowledge about the potential of LNG powered international shipping in the North American Emission Control Area (ECA) and identify the necessary conditions for the successful implementation of LNG as a fuel source in the region. Natural gas is a widely available fuel across North America, but availability of LNG is limited, as the demand and supply side are waiting for each other, partly held up by logistical problems


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.


GTT, Conrad Shipyard Ink Deal for LNG Barges and Bunker Tanks

GTT signs license agreement with Conrad Shipyard for membrane containment systems for LNG barges and bunker tanks   Gaztransport & Technigaz (GTT) announced that its U.S. subsidiary, GTT North America, has signed a Technical Assistance and License Agreement (TALA) with U.S. shipbuilder Conrad Shipyard for the design and construction of liquefied natural gas (LNG) barges and LNG-fueled vessel bunker tanks using GTT's membrane containment systems.  


Contract Awarded for First FLRSU

Depiction of the world’s first Floating LNG Liquefaction, Regasification and Storage Unit (FLRSU)

Wison Offshore & Marine Announces Award for construction of World’s First Floating LNG Liquefaction Unit. Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced today the successful award of a contract by the Exmar group for engineering, procurement, construction, installation and commissioning (EPCIC) of the world’s first Floating LNG Liquefaction, Regasification and Storage Unit (FLRSU)


Drydocks World & DMC to build 1st LNG-powered tug

Eco Tug

  Drydocks World and Dubai Maritime City (DMC), the leading provider of services to the shipping, maritime, oil, gas & energy sector is supporting the "Green Economy for Sustainable Development" initiative launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of UAE and Ruler of Dubai.  As part of this initiative, the company has entered into Memoranda of Understanding with Wartsila and Dubai Carbon Centre of Excellence for building the


ABS Extends Design Approval for KC-1 LNG CCS

ABS has granted extended general design approval for the KC-1 LNG cargo containment system (CCS). The new membrane type will be installed on newbuild LNG carriers currently on order for Korea Gas Corporation (KOGAS), the world's largest LNG importer.    The new LNG CCS design is a corrugated membrane type based on KOGAS' membrane containment system technology used for land-based LNG storage tanks. KOGAS developed the design concept for the KC-1 CCS in cooperation with the DSME


The Impact of Lower Oil Price on LNG Vessels

Image: OPEC

 Opec study on the impact of lower oil price assumptions on the penetration of LNG vessels has released.   In light of the regulations on sulphur emissions issued by the IMO the prospect of using LNG as an alternative bunker fuel was explored.   It was concluded that LNG had the potential to become an important marine bunker fuel in the long-term.   This year the subject is re-considered in light of recent market and price developments


Matson Orders Two ConRo Ships from NASSCO

Artist rendering of Matson Kanaloa Class vessel. Courtesy General Dynamics NASSCO (Image: Matson, Inc.)

Matson Navigation Company, Inc., a subsidiary of container shipper Matson, Inc., has signed a contract with U.S. shipbuilder General Dynamics NASSCO to build two new combination container and roll-on/roll-off (Con-Ro) vessels for its Hawaii fleet at a contract price of $511 million for both


Hoegh LNG Profits Dip

Photo: Höegh LNG Partners

 Norway-based owner and operator of floating LNG import terminals, Höegh LNG  reported a second quarter profit after tax of US$3.5 million, down from $6.3 million in the first quarter 2016.   The company’s profit after tax was also down in comparison to the


Viking Grace Marks 1,000 LNG Bunkering Milestone

M/S Viking Grace. Photo by Viking Line

 From the very beginning, the M/S Viking Grace – delivered in January 2013 – was an environmental milestone.   The vessel attracted global attention as an environmental pioneer by being the first large passenger vessel to run on liquefied natural gas (LNG).   


Skaugen Goes to Red Again

Photo: I.M. Skaugen SE

 Norwegian Marine Transportation Service Company I.M. Skaugen SE reported interim losses but cautiously positive and expecting a gradual recovery of trading opportunities for long routes the petrochemical market.   The gas carrier owner reported profit before and after tax of minus $ 5


Petronet LNG Commissions Expanded Dahej LNG

Photo: Petronet LNG Ltd

 Petronet LNG Ltd has annouced that the part facilities of the expansion of Dahej LNG Terminal from 10 tlko 15 MMTPA i.e. regasification facility has been commissioned and under stabilization.    As such the additional gas send-out from Dahej LNG terminal  in the north-west


Swan Sells 60% of FLNG Terminal Capacity

Pic: Swan Energy Ltd

 Indian public sector oild giants Oil and Natural Gas Corp (ONGC), Indian Oil Corporation (IOC)  and Bharat Petroleum Corp Ltd (BPCL) have booked 60 per cent of the capacity of Swan Energy Ltd. (SEL)'s upcoming floating Liquefied natural gas (LNG) terminal off the Gujarat coast.  


Iran Plans to Ship LNG to Europe

Pic:  Iran Liquefed Natural Gas co

 Iran plans to export Liquefied Natural Gas (LNG) to Europe, Mehr News Agency quoted Iranian Minister of Oil Bijan Zanganeh as saying.   Zanaganeh described Iran’s plan for gas exports to Europe saying “the main objective is to transfer the Iranian product in the form of LNG


KOGAS to Support Korean Shipyards

Deagu Head Office. Photo: Korea Gas Corp.

 In a bid to help South Korean local shipyard weather their worst-ever slump, the State-run Korea Gas Corp. (KOGAS), the world's largest LNG importer, will soon place shipbuilding and maintenance orders with them, says a report by Yonhap.  


Nakilat Upgrades VSAT Service for LNG/LPG Fleet

Photo courtesy of Nakilat

Nakilat, the shipping arm of Qatar’s liquefied natural gas sector, has entered into a contract with Global Eagle Entertainment Inc.’s Emerging Markets Communications (EMC) service line to provide marine VSAT services for vessels in its fleet of liquefied natural gas (LNG) and liquefied


A Shipyard Grows in Trinidad & Tobago

La Brea_T&T Shipyard Port_FIX..jpg

Spurred by Panama Canal Expansion and U.S. LNG Export, $500 Million Shipyard Projects Starts   As Trinidad and Tobago seeks to diversify its economy, it is banking on a massive shipyard construction project as the centerpiece of a maritime industry and economic revival


Pakistan Mulls Second LNG Import Terminal

BW LNG. Photo:  BW Group

 BW Group (BW) has signed a 15-year agreement with Pakistan GasPort Limited (PGPL) to provide LNG regasification services utilizing a new-build Floating Storage and Regasification Unit (FSRU) for the second Pakistan LNG terminal.  


China Receives First American LNG Cargo

Apollonia passes through the Panama Canals locks on its way to Asia. Photo: Shell

 The first cargo of US liquefied natural gas (LNG) to target the world’s largest energy consumer arrived Monday at the Chinese port of Yantian in Shenzhen near Hong Kong.   The cargo was brought onboard the 161,870-cbm Maran Gas Apollonia


Höegh LNG Speeds up FSRU Conversion

Photo Höegh LNG

Höegh LNG Holdings Ltd. today announced that it has signed agreements with Wärtsila Oil and Gas (EPCIC regas) and Moss Maritime (engineering) for its first FSRU conversion project, including the ordering of critical equipment with long lead time.


Wärtsilä Re-gasification system for Norwegian Ship Conversion

Wärtsilä will supply the re-gasification system for an FSRU conversion project that Höegh LNG plans to carry out on a modern LNG vessel

Wärtsilä has been contracted to supply the re-gasification system for an FSRU (Floating, Storage, Re-gasification Unit) conversion project that Höegh LNG plans to carry out on a modern LNG vessel. The contract was signed in August.


SMM 2016: World Premieres from around the Globe

Photo courtesy of SMM

Some 50,000 trade visitors from the whole of the world are expected in Hamburg for the start of SMM in less than two weeks. And once again, it is fully booked – with a total of more than 2,150 exhibitors from 67 countries, presenting their most innovative products and services






 
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