Brunei Gas Carriers Sendirian Berhad, BGC, orders its fourth large LNG carrier from Hyundai Heavy Industries Brunei Gas Carriers Sendirian Berhad, BGC has entered into an agreement for the construction of a new LNG Vessel with Hyundai Heavy Industries Limited of the Republic of Korea and arranged financing with both local and international financial institutions. The Minister of Energy at the Prime Minister's Office in his speech said that the signing was important to the country as it signified many other additional achievements and creates new opportunities for Brunei Darussalam's shipping industry and the oil and gas industry as a whole. Yang Berhormat Pehin Datu Singamanteri, Retired Colonel Dato Seri Setia, Doctor Awang Haji Mohammad Yasmin also said, the building of the fourth LNG Vessel demonstrates the nation's commitment to ensure the delivery of liquefied natural gas, LNG, safely and reliably. The new LNG vessel will have a capacity for 154,800 cubic metres of cargo, will be the fourth to be bulit by Brunei Gas Carriers and is expected to be delivered in October 2014.
According to reports, Qatargas Transport Company (Nakilat) is expected to order a further 9 to 11 LNG vessels for RasGas-3 and Qatargas-4 this year. At the beginning, Nakilat activities were primarily focused on securing partial ownership of between 30 and 60 percent of the original 29 LNG vessels ordered. This was equal to approximately 54 per cent ownership of the first tranche of ships. This change in strategy, he said
Today, the Panama Canal marked another milestone with the transit of the first-ever liquefied natural gas (LNG) carrier through its expanded locks. Shell-chartered Maran Gas Apollonia—measuring 289 meters in length and 45 meters in beam—arrived Monday from the Sabine Pass LNG Terminal on the U.S. Gulf Coast, signaling the arrival of the highly-anticipated segment to the waterway. “The transit of the first LNG vessel through the new Panama Canal locks is a
Creole Spirit launched to sea 87 days after keel laying Teekay’s first M-type, Electronically Controlled, Gas Injection (MEGI)-powered LNG vessel, Creole Spirit, was floated out at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in South Korea on May 29. The vessel is on charter contract with Cheniere and is expected to enter service early 2016, making it the most efficient LNG ship on the water with the lowest unit freight cost in the world fleet.
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 about 800,000 tonnes of LNG from U.S. Gulf projects per year, including the planned terminal near Freeport, Texas, E.ON said.
RasGas of Qatar announce arrival of their first Q-Flex LNG vessel to discharge gas at the Barcelona LNG receiving terminal, Spain RasGas of Qatar announced that it achieved yet another successful milestone when the first Q-Flex vessel delivered Liquefied Natural Gas (LNG) at the Barcelona LNG receiving terminal, Spain. It is not only the first RasGas Q-Flex vessel to discharge LNG at the Barcelona LNG receiving terminal but, it is also the largest the terminal ever received.
Despite some delays, the Indian shipping industry appears to be finally gearing up to develop an LNG (liquefied natural gas) fleet. With India emerging as a major importer of the gas, even the Ministry of Shipping has asked Indian ship-owners in no uncertain terms to take the initiative to develop an LNG fleet, according to a report on - www.thehindubusinessline.com It is estimated that by 2012 India's LNG imports will almost equal Japan's current LNG imports of 60 million tons per annum
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.
ABB contracted to provide energy-efficient and environmental friendly solution for four LNG vessels to be built in Korea. Total orders in the first quarter of 2013 landed by ABB, worth close to $40 million, came from three gas transportation industry players and are for the supply of power and electric propulsion equipment for LNG vessels to be built in South Korea. ABB will supply its propulsion plant to work in combination with a duel fuel diesel engine plant on board a 155
Shipping group CMB said its unit Bocimar International has sold its liquified natural gas (LNG) Panamax vessel Jiangnan 2346 for $65m. The group will realise a capital gain on 32 mln usd from the sale on delivery of the vessel, scheduled to take place in the course of the first quarter of 2008. Bocimar has ordered in a joint venture with Wah Kwong two newbuilding Handymax vessels from Chengxi Shipyard, China. The delivery of the vessels is scheduled to take place in March and August 2009.
ABB will supply the power and electric propulsion system to a new Floating Storage and Regasification Unit (FSRU) for BW Group, which will also be remotely connected to ABB’s Collaborative Operations Centers. The equipment onboard will provide data to the shore-side Centers
Nakilat has assumed full ship management and operations of Q-Flex LNG carrier Mesaimeer from STASCo (Shell Trading and Shipping Company Ltd.) with effect from March 23, 2017, as part of the planned and phased transition announced on October 19, 2016.
Less than nine months after the historic inauguration of the Expanded Canal, the Panama Canal has announced that it has welcomed its 1,000th Neopanamax vessel through the waterway, highlighting the importance of the route and customers’ continued faith in the safe
In February 2017, the Panama Canal set a new daily tonnage record of 1.18 million Panama Canal tons (PC/UMS) after welcoming a total of 1,180 vessels through both the expanded and original locks, the Panama Canal Authority reported. The previous record was established the month prior in January
France's Fosmax LNG has announced that it is considering making short/medium-term investments to modify its existing facilities to make them capable of receiving both existing and planned small scale LNG vessels at the Fos Cavaou LNG terminal, near Marseille.
In January 2017, the Panama Canal set a new monthly tonnage record of 36.1 million Panama Canal tons (PC/UMS), with the transit of 1,260 ships through both the Expanded and original locks. The previous record was established the month prior, in December 2016, when 1
Nakilat has assumed full ship management and operations of Q-Max LNG carrier Al Dafna from STASCo (Shell Trading and Shipping Company Ltd.) with effect from 2 February 2017, as part of the planned and phased transition announced on 19th October 2016.
The biggest divergence between U.S. and Asian gas prices in a year has created an opportunity for tankers delivering liquefied natural gas, with most departures from a key Louisiana terminal in the last month-and-a-half heading toward East Asia, shipping data released on Wednesday show.
DryShips Inc. announced today that, it has agreed to enter into a “zero cost” Option Agreement (“LPG Option Agreement”) with companies controlled by its Chairman and Chief Executive Officer, Mr. George Economou, to purchase up to four high specifications Very Large Gas
DryShips Inc. has agreed to enter into a "zero cost" LPG Option Agreement with companies controlled by its Chairman and Chief Executive Officer, George Economou, to purchase up to four high specifications Very Large Gas Carriers (VLGC) capable of carrying liquefied petroleum
Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. This year 18 ships in total were honored, including many “world firsts.” Seri Camellia - New LNG Carrier for MISC Berhad
NYK, the Mitsubishi Corporation (MC), Toho LNG Shipping Co., Ltd. (Toho LNG Shipping), and Tohoku Electric Power Co., Inc. (Tohoku Electric Power) will participate in the joint ownership of a new liquefied natural gas (LNG) vessel for the Cameron LNG project in the U.S
The National Waterway Act, 2016 declaring 111 national waterways, including the 5 national waterways declared earlier has been enforced w.e.f. 12th April, 2016. The process for preparation of techno economic feasibility (TEF) study/Detailed Project Report (DPR) of new national
Less than six months after the inauguration of the Expanded Panama Canal, the waterway welcomed its 500th transit of a Neopanamax ship on Wednesday, highlighting the trust that Canal customers have placed in the route. Performing the 500th transit was the container vessel YM Unity
A Joint Venture comprising The Shipping Corporation of India Ltd. (SCI), Nippon Yusen Kabushiki Kaisha (NYK), Mitsui O.S.K. Lines, Ltd. (MOL), Kawasaki Kisen Kaisha, Ltd. (“K” Line), and Petronet LNG Ltd (PLL), have taken delivery of a new build Liquefied Natural Gas (LNG) carrier MT