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Lng Vessel

LNG Vessel to Join Qatargas Fleet

Qatargas announced the naming of the Q-Flex LNG vessel Tembek at a ceremony held at Samsung Heavy Industries shipbuilding yard in Geoje Island, South Korea. The Tembek will be used to ship LNG produced by Qatargas 2's Train 4 to customers in Europe. It is one of 14 ships that are being built in Korea to service Qatargas Trains 4 and 5. The LNG vessel is owned through a joint venture between Qatargas Transport Company (Nakilat) and Overseas Shipholding Group (OSG), from which Qatargas will charter the vessel. Naomi Campbell officially named the ship the fourth of 45 large LNG ships to be delivered for Qatar at the event presided over by Ahmed Al Khulaifi, Qatargas Chief Operating Officer - Commercial & Shipping. The Q-Flex and the even larger Q-Max are a new generation of LNG mega-ship with about 40 percent lower energy requirements than conventional vessels due to the economies of scale created by their size and the efficiency of the engines. Source: The Peninsula


FLEX LNG Orders Third LNG Vessel

FLEX LNG ordered its third 90,000 cubic meter (3.1 MMcf) SPB liquefied natural gas (LNG) vessel this year from Samsung Heavy Industries. The vessel will be identical to the two others ordered in March of this year. The third vessel is expected to begin operations in the fourth quarter of 2011. [Source: http://www.energycurrent.com]


Harvey Gulf Launches New Website

HGIM Website Image.jpg

New Orleans based Harvey Gulf International Marine, has announced  the launching of its completely remodeled corporate website: www.HARVEYGULF.com. The website has been updated to reflect the growth and presence of Harvey Gulf as one of the leaders in the U.S. oil and gas industry as well as being the leader in LNG powered offshore support vessels. Visitors to the website will be able to access detailed specification sheets for the fleet


OSG Names Largest LNG

Overseas Shipholding Group, Inc. has named the LNG Carrier Al Gattara, marking a new generation of Q-Flex Liquefied Natural Gas (LNG) carriers, said to be the world’s safest, most advanced and largest ships to transport this critical energy source. This vessel is the first in a series of four sister ships to be delivered to OSG Nakilat, the joint venture between OSG and Qatargas Transport Company (Nakilat). The ship’s sponsor, Mrs


Agreement Means New Jobs on LNG Tankers

New seafaring jobs on Liquified Natural Gas (LNG) vessels will go to Americans licensed as ships’ officers under an agreement reached between the U.S. Department of Transportation and the Shell International Trading Company. Under the agreement, Shell becomes one of the first major oil producers to actively recruit American seafarers for its growing fleet of 25 new LNG vessels, all of which will be put into service in the next four years.


Dominion Cove Point LNG Facility

The U.S. Coast Guard has received a request from Dominion Cove Point LNG, LP to begin using the south berth of its facility on Chesapeake Bay for receiving LNG vessels. Comments on this request should be submitted by September 7. 70 Fed. Reg. 45735 (HK Law)


China Steps Up with LNG

China has made concrete progress in shipbuilding. In September 2007, the first LNG (Liquefied Natural Gas) ship made by China State Shipbuilding Corporation (CSSC) will be delivered, reported the state-run Xinhua News Agency on February 19, 2007. The LNG ship has a capacity of around 47,199 cubic meter and is currently under-construction by Hudong-Zhonghua Shipbuilding, an arm of CSSC, the topmost shipping group in China and third largest in the world.


First LNG Booking for Damen Shiprepair Brest

Bonny Gas Transport-owned, 79,822 DWT ‘LNG SOKOTO’

First LNG Booking for Damen Shiprepair Brest. Damen Shiprepair Brest (France) received her first firm booking for the drydocking, maintenance and repair of an LNG carrier. The Bonny Gas Transport-owned, 79,822 DWT ‘LNG SOKOTO’ will arrive at the yard end of August for maintenance work, including drydocking. Jos Goris, managing director of Damen Shiprepair Brest, says: “We are very pleased with this order and we expect more LNG vessel owners to follow


GAIL Tries Again for LNG Ships

Picture: GAIL (India) Limited

 India's state-owned Gail India Ltd would reissue the multi-billion dollar tender to build three massive liquefied natural gas (LNG) carriers in India with “changed norms”, reports Financial Express.   There has been news that GAIL has scrapped a tender that would have led to the construction of LNG vessels at Indian shipyards. The tender, floated in 1 August 2014, was aimed at hiring nine LNG carriers, with a caveat that three of them be made in India.   


Maersk Sells LNG Fleet

Maersk LNG Carrier: Photo credit Maersk

Sale of Maersk LNG Fleet finalised The sale of all shares in Maersk LNG to Malt LNG Holdings ApS, a company jointly owned by Teekay LNG Operating LLC and Marubeni Corporation has been finalised. Under the terms of Maersk LNG's two partnerships with Société Generale and Qatar Shipping Company, each owning an LNG vessel, the sale of Maersk LNG triggered pre-emption rights to Maersk LNG's partnership shares


Qatargas Sells First LNG Cargo to Pakistan

Port Qasim-LNG Delivery to Pakistan

  Qatargas sold its first cargo of liquefied natural gas (LNG) to Pakistan State Oil Company Limited (PSO).  The LNG cargo was sold on a free-on-board basis and loaded at Ras Laffan Port on to the LNG vessel Excelerate Exquiste on 21 March 2015.  


Harvey Energy Begins Work for Shell

Harvey Energy

  Gulf Coast Shipyard Group (GCSG) informed that Harvey Energy, the first LNG vessel operating in the United States—for Shell Upstream America’s deep water operations in the Gulf of Mexico—is fully in service. The first of six LNG OSVs being built for Harvey Gulf


Interview: Nakilat's Samir Bailouni

Samir Bailouni (Photo: SGMF)

SGMF Membership - Uncovered: An interview with Samir Bailouni, Nakilat The Society for Gas and Marine Fuel (SGMF) recently interviewed one of its members, Samir Bailouni of Nakilat (Qatar Gas Transport Co.). Bailouni weights in on Nakilat, LNG, the gas industry, and SGMF membership.  


Asia: LPG Shipping and LNG Pricing

Image: Navigator Gas

 While declining Asian LNG prices have reduced margins on the long-distance LNG trade, causing spot-charter rates for LNG vessels to fall, LPG shipping earnings are forecast to remain buoyant on the back of low oil prices and the absence of fuel substitution.  


Maersk Sheds Danske, to Issue Dividend

Danish shipping and oil group A.P. Moller-Maersk will hand shareholders a $6.6 billion windfall in dividends this year after it sells its 20 percent stake in Denmark's biggest bank Danske. Analysts had expected Maersk to announce the divestment of some assets on Wednesday as part of its


Maersk May Reward Shareholders as Oil Unit Suffers

Danish conglomerate A.P. Moller-Maersk may announce a second share buyback scheme in its 110-year history as early as Wednesday, analysts said, allowing it to reward shareholders as its oil unit takes a battering from a slump in prices. Further divestments from its large portfolio of companies


Yangzijiang Diversifies into LNG Vessel Buildiing

Courtesy Yangzijiang Shipbuilding (Holdings) Limited

Yangzijiang Shipbuilding (Holdings) Limited “Yangzijiang” or “the Group”  one of PRC’s leading and most enterprising shipbuilder listed on the SGX Main Board, is pleased to announce that the Group has secured new shipbuilding orders from JHW Engineering &


German Shipping For US LNG Offtake

Image: E.ON

 German energy company E.ON signed a 20-year deal with Gulf South Pipeline Co for shipment of natural gas for a planned export facility in Texas.  According to the deal, EGC, the trading arm of E.ON will be the shipper of liquefied natural gas (LNG) at the planned Coastal Bend Header


E.ON, Mitsui Ink LNG Transport Deal

E.ON has struck a deal with Japanese shipping group Mitsui OSK Lines LTD (MOL) to transport liquefied natural gas from the United States, the German utility said in a statement on Thursday. Running over 20 years, the shipping agreement includes capacity of up to two LNG vessels transporting


ABB Wins Contract from Chinese Shipyard

LNG illustration courtesy ABB

  ABB announced that it will deliver advanced electrical propulsion systems for four LNG carriers under construction by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. The LNG vessels are a joint venture between China National Offshore Oil Corporation (CNOOC)


VT Halter Lays Keel for Crowley LNG ConRo Ship

Photo courtesy of VT Halter Marine

The keel for the first of two liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ships for Crowley Maritime Corp.’s liner services group was laid during a ceremony at ship-builder VT Halter Marine, Inc.’s facility in Pascagoula, Miss.


GE Electric Propulsion Equipment for LNG Carriers

GE Power Conversion receives first order in Japan from Kawasaki Heavy for electric propulsion motor equipment for LNG vessels   GE’s Power Conversion business has received a new order from Kawasaki Heavy Industries, Ltd. for electric power and propulsion systems for two LNG carriers


Panama Canal Inks Deal with Lake Charles Port

Agreement aims to capitalize on the advantages the Canal Expansion will offer, attracting new customers from the LNG industry

  The Panama Canal Authority (ACP) signed a cooperation agreement with the Port of Lake Charles in Louisiana earlier this week, which aims to attract new customers from the liquefied natural gas (LNG) industry; a strategy that builds upon the advantages that the expanded Canal will offer


Cochin Shipyard Mulls to Build LNG and High-Speed Ships

Cochin Shipyard Ltd (Image: CSL)

Indian state owned Cochin Shipyard Ltd (CSL) is in talks with global players to join hands for a bid for the GAIL contract for LNG contained vessels. It also in talks the Australian company Incat for a technical tie-up to manufacture high-speed passenger vessels.  


ACP Signs Pact with Lake Charles Port

The signing of the ACP / Port of Lake Charles cooperation agreement(image: courtesy ACP)

Agreement meant to capitalize Canal expansion while attracting new LNG customers.   The Panama Canal Authority (ACP) signed a cooperation agreement with the Port of Lake Charles in Louisiana earlier this week, which aims to attract new customers from the liquefied natural gas (LNG)






 
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