SUNY Maritime College has received a corporate donation of $10,000 from ConocoPhillips Marine to advance Maritime’s Liquefied Natural Gas (LNG) training and educational program. Maritime will make upgrades to its liquid cargo simulator, increase the number of student stations within the simulator and purchase software for use in LNG tanker simulations. The program will also be expanded to include product tanker and crude oil tanker operations and training. Anthony Palmiotti ’79, acting chairman of the department of marine transportation (MT) and director of continuing education says this donation is significant “for it provides the seed money we need to develop LNG training and curriculum for our undergraduates, as well as for our adult continuing education students.” A target date of fall, 2006 is slated to launch the program. Captain George P. McShea, Jr., fleet manager, LNG operations for ConocoPhillips in Houston relays that “the shortage of qualified LNG mariners due to the rapid expansion globally of the LNG shipping industry, prompted our company to make this philanthropic investment at Maritime. We want to ensure that American mariners are a viable option to meet ConocoPhillips’ future mariner needs as our LNG shipping ventures increase around the world.” ConocoPhillips is an international, integrated energy company
A joint venture (JV) between CB&I, Chiyoda International and Zachry Industrial has won a contract worth over $2bn from FLNG Liquefaction 3 for a liquefied natural gas (LNG) train at Freeport LNG in Texas, US. Upon completion, the three-train facility will have a total export capacity of more than 13.9 million tons per year of liquefied natural gas. The deal requires the JV to provide engineering
With its latest offering, Videotel said now provides a more extensive portfolio of training for the LNG sector. Working with experts across the globe – BP Shipping, Shell, Maersk and SIGTTO, among others – the company said it has created a package of training covering the essentials required when operating in this important market. Nigel Cleave, CEO of Videotel Marine International, said, “Twice as many LNG carriers are operating today compared with five years ago
Highlights * Gladstone Ports Corporation has extended LNGL’s Fisherman’s Landing LNG Project (FLLNG) site Agreement for Lease until 31 March 2016, with an option for another year * LNGL has signed a non-binding memorandum of intent (MOI) for gas supply with Tri-Star Petroleum Company (Tri-Star). Tri-Star has certain gas tenures in Queensland which could supply gas to FLLNG * The Tri-Star MOI involves FLLNG processing Tri-Star’s potentially significant gas
The Dutch company Falck Risc is becoming the number one expert on LNG safety in Europe. Together with the Unified Fire Department, Falck Risc will draw up guidelines and recommendations for emergency response services in dealing with Liquefied Natural Gas (LNG). This study is part of the LNG Masterplan Rhine-Main Danube and will be ready at the end of this year. As coordinator for the Rhine Corridor in this European project
Dynagas LNG Partners LP enters into new long-term time charter agreements for two of its LNG carriers and maintains current level of cash distribution following its latest drop down from its Sponsor Monaco – March 31, 2016 –Dynagas LNG Partners LP. (the “Partnership”) (NYSE: “DLNG”), an owner and operator of LNG carriers, today announced the following: * Gazprom Global LNG Limited has extended its current charter for the 2007-built LNG carrier
Statistics suggest an industry shift to permanent positions accompanied by inflation in packages worldwide as recruiters attempt to stem the global skills gap. OilCareers.com announced that it has seen a significant rise in the amount of roles offered by recruiters in relation to unconventional resources in the energy sector. While shale gas owns the news agenda worldwide, regions such as Canada, Europe, Australia and the Middle East have also placed a focus on other unconventional
GTT Training announced the expansion of the capabilities of its LNG Cargo Operations Simulator. Used to provide hands on, real time training in the processes and procedures that must be followed to undertake and complete any type of LNG cargo related operation, the LNG Cargo Operations simulator provides full simulation of all the systems on a vessel that are involved in the management and handling of the LNG cargo and maintaining the vessel in a safe condition
GTT Training, subsidiary of Gaztransport and Technigaz (GTT), has announced that it has received a contract to supply its G-Sim LNG simulator software to L-3 DPA Inc. and Chevron. The contract involves the development of a new LNG Carrier model based specifically of the new LNG vessels owned and operated by Chevron. The G-Sim software will also interface with the Engine Room simulation equipment being provided to Chevron by L-3 DPA.
LNG shipowners will have to wait until 2018 for earnings to improve, when the majority of new US plants are expected to come online, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry. The first quarter of 2016 was no better than the previous quarter for LNG shipowners as spot rates remained low at around $30,000pd. Two new liquefaction plants, Australia Pacific LNG (APLNG) in Australia and Sabine Pass LNG in the US
Following last week's landmark referendum results, VesselsValue has compiled a list of the top five U.K.-based shipowners and their total fleet value in USD billions. 1-Zodiac Maritime: car carriers, containerships, bulk carriers and crude, product and LPG carriers
Conrad Shipyard has formed a new business unit focused on LNG projects. Conrad, builder of North America’s first LNG bunker barge scheduled for 2017 delivery, said it continues to actively pursue other LNG opportunities, including developing designs for additional transport barges
Golar LNG Limited announced that it has entered into a 50/50 joint venture with investment vehicles affiliated with private equity firm Stonepeak Infrastructure Partners. The joint venture company, Golar Power Ltd, will offer integrated LNG based downstream solutions
ABSG Consulting Inc., a subsidiary of ABS Group of Companies, Inc. (ABS Group), has been contracted by Kinder Morgan, Inc. to develop a Maintenance and Integrity Program for the liquefied natural gas (LNG) regasification terminal at Elba Island (Elba LNG Project) near Savannah, Georgia.
Specialist liquefied natural gas (LNG) training and simulation provider GTT Training has been awarded a contract by Teekay Shipping to supply the G-Sim LNG simulator software into its training centers in Glasgow, Manila and Bahrain.
Daewoo Shipbuilding & Marine Engineering (DSME) has signed new contracts with Maran Gas Maritime and Maran Tankers Management for the construction of two ME-GI powered LNG carriers and two VLCCs, both shiptypes with a number of options. Maran Gas Maritime has already four ME-GI powered LNG
NYK is participating in a study launched by Japan’s Ministry of Land, Infrastructure and Transport and Tourism (MLIT) to explore the feasibility of LNG bunkering in Yokohama. This study is examining the technological and infrastructural requirements for establishment of an LNG
India plans to form an alliance with Japan and South Korea to buy liquefied natural gas (LNG) at "reasonable prices", the country's oil minister Dharmendra Pradhan said. India may soon rope China into the alliance as well, he said.
The Nigeria Liquefied Natural Gas Limited (NLNG) will this month receive the last of the six new vessels it bought for the transportation of liquefied natural gas (LNG) to various parts of the world, says a report in The Nation.
Following a comprehensive exercise to insource all ship management functions and to build a fully integrated shipping company, Golar LNG recently chose the BASSnet software as the core building block for the management of its fleet of 23 LNG carriers.
Greece's LNG engineering solutions provider, Helengi has revealed its LNG bunker feeder vessel Amaltheia during the recent Posidonia exhibition held in Athens. "A state of the art vessel is the result of years of intensive engineering studies and it is the first time that Greek
Prices for liquefied natural gas (LNG) spot cargoes for Japan, the world's top buyer, fell in May to the lowest since the trade ministry started publishing figures more than two years ago, official data showed on Thursday. The average price of spot LNG contracted in May fell by 10 cents
Russia's largest non-state gas producer Novatek said on Thursday its shareholders would decide on a new loan worth $600 million for the Yamal LNG project on June 20, according to Interfax news agency. The $27 billion Yamal LNG project envisages three liquefied natural gas (LNG) production
Dutch shipbuilder Ferus Smit has delivered the second LNG-powered cement carrier, MV Ireland, to owners JT Cement, a joint venture between Swedish shipping company Erik Thun AB and Norway’s KG Jebsen Cement. MV Ireland, along with sister vessel MV Greenland delivered in December 2015
Conventional wisdom in the liquefied natural gas (LNG) sector is that no new projects will be built for several years, given the vast cost can't be reconciled with the current low prices. This view has led some in the industry to predict that the market will flip back to a structural