Lpg
MAN B&W Gas New Liquid ME-GI Engine
MAN Diesel & Turbo introduced its Liquid ME-GI (Liquid Gas Injection) engine. The Liquid ME-GI is powered by LPG (Liquid Petroleum Gas), a smaller market than LNG but of significance in certain segments such as the small tankers that ply river traffic and coastal shipping routes. The Liquid ME-GI is a variant of MAN Diesel & Turbo‘s ME-GI engine, whose control and safety system is based on the experience gathered since the mid-1990s at working gas plants, including a 12K80MC-GI-S in Japan, and the development of a VOC (Volatile Organic Compound) engine in the late 1990s. The announcement follows closely on the company‘s announcement last autumn that a full-scale type test for its ME-GI concept would take place at its test centre in Copenhagen in 2011. All MAN Diesel & Turbo electronically controlled ME engine types are available in dual-fuel versions with the LPG-fuelled version designated ME-LGI. The Liquid ME-GI engine‘s performance is equivalent in terms of output, efficiency and rpm to MAN Diesel & Turbo‘s successful ME-C and ME-B series of engines. As the Liquid ME-GI engine‘s fuel system has few moving parts, it is also more tolerant of different fuel types and accordingly can run on DME (DiMethyl Ether). DME can act as a clean fuel when burned in suitably optimised engines
Braemar Acquires LPG Connect
Braemar Seascope Ltd, the shipbroking arm of Braemar Shipping Services plc, has acquired the LPG broker and consultant LPG Connect International to form a product broking division called Braemar LPG Connect, to take effect from April 21st, 2009. Braemar LPG Connect will be located in Braemar Seascope’s London office and will be headed by Stuart Anderson who will also be part of Braemar’s Gas Department team, with Allison Isaac-Hierscher joining in operations
Stealthgas Takes Delivery of LPG Carriers
Stealthgas Inc. took delivery of the M/V Sea Bird II on May 18, 2007, the M/V Gas Renovatio on May 29, 2007, the M/V Gas Icon on June 27, 2007, and the M/V Chiltern on June 28, 2007, four LPG carriers that it had previously announced its agreement to acquire, expanding its current fleet to 33 vessels, with a carrying capacity of 141,912 cbm. The M/V Sea Bird II is a 1996 built, 3,518 cbm Fully Pressurized LPG carrier and is employed under a two-year bareboat charter until May 2009 to an
LPG Carriers – Brighter Outlook
Increasing trade for LPG carriers forecasted Owners of LPG carriers can look forward to increasing trade in 2012, despite the uncertain economic environment and the dampening effect of the mild winter in the northern hemisphere according to Drewry’s latest LPG Forecaster.
EMS, Eletson Sign Training Agreement
EMS Ship Management and Eletson Corporation signed an agreement for Training of Eletson Officers for LPG Trade. The agreement involves a two-year Training Program run by EMS Ship Management and its affiliate EMS Crew Management onboard the LPG Carriers managed by them, to ensure that Senior seagoing Officers of Eletson Corporation are trained to operate/manage LPG Carriers. Both EMS Ship Management and Eletson Corporation are leading companies in their respective fields of ship management
Two More Ships for Colombo Dockyard
According to a report from the Daily News out of Sri Lanka, the Colombo Dockyard undertook to handle two LPG carriers which will generate around $1.6m to the country, Colombo Dockyard Managing Director Mangala Yapa told Daily News Business. The Shipping Corporation of India, owned LPG carriers Nanga Parbat (17,601DWT) and Anapurna (17,601DWT) sister ships called in for lay up and dry docking repairs during February and March 2011 respectively. (Source: Daily News)
Unitor Wins LNG, LPG Contracts
Unitor won contracts from Hyundai Heavy Industries Co. Ltd., worth approximately $5.65m for specialized insulation systems for LNG and LPG carriers under construction at this South Korean shipyard. Hyundai has chosen Unitor to deliver a foam insulation system for the cargo tanks on a 12,000 grt LPG carrier building for a European owner. The contract is valued in the region of $650,000. Unitor has delivered more than 70 foam in situ (molded) insulation systems for liquefied petroleum gas
LPG Tanker Blast Kills Five
An explosion aboard an LPG tanker docked at Subic Shipyard in the Philippines killed at least five people, according to shipyard officials. The vessel, identified as Mundogas Europe, was reportedly being prepared for undocking when an explosion occurred in a cargo tank. Five people were killed and eight others were injured, officials said. Shipyard workers quickly put out a fire which followed the blast. No other details about the ship or its cargo were given
Exmar Profits from LPG, LNG
During the first six months the LPG fleet contributed $19.7 million to the operating result (EBIT) (compared to $12.3 million for the first six months in 2004). This result was positively influenced by a profit of $4.7 million realized on the sale of the 50% participation of EXMAR in the LADY KIRA (5,000 m³/1994) and in the BIRGIT KOSAN (5,000 m³/1999). The Midsize, Ethylene and Pressurized segments contributed as budgeted and Time-Charter levels reflected a firm market sentiment
PUBLIC TENDER N° TR31028394
“TIME CHARTER SERVICE OF A LPG TANKER VESSELS FULLY REFRIGERATED SEMI PRESSURISED BETWEEN 14.000 AND 33.000 M3 FOR LGP” According to article 3, second paragraph of the Chilean Merchant Marine Development Law (Ley de Fomento a la Marina Mercante – Decree Law N° 3.059 of 1979), and articles 6 and next of its Regulation (Decree Nº 237 of 2000 of the Ministry of Transport and Telecommunications), EMPRESA NACIONAL DEL PETRÓLEO, on behalf of its subsidiary
Martek Urges Shipowners to Install Gas Detectors
Martek Marine said that shipping companies are putting themselves at risk of facing corporate manslaughter charges if they do not carry an adequate number of maintained and certified gas detectors. European Marine Equipment Directive (MED) approval is a legal requirement for equipment aboard EU
Middle East Natural Gas Firm, DANAGAS, Reports Strong Growth
Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, announces financial results for the first quarter ended 31 March 2013. Financial highlights: • Net profit of AED 241 million, up 17% year-on-year
Stealth Gas Offer Stock in Order to Buy LNG/LPG Ships
StealthGas Inc., has increased the size of its stock offering, & will sell 10-million shares at $10 each using the proceeds towards purchase of 5 ships. The gross proceeds from the offering before the underwriting discount and other offering expenses are $100,000,000
GAC Hong Kong Wins Chairman’s Environment Award
GAC Hong Kong’s multiple eco-friendly efforts were awarded First Prize in the GAC Group Chairman’s Award for Environmental Excellence for 2012. Since 2009, the company has been recycling paper, aluminum, plastic, toner cartridges, electronic equipment and more
StealthGas Announces Public Offering
StealthGas Inc. announced an underwritten public offering of 8,000,000 shares of its common stock pursuant to the Company's effective shelf registration statement filed with the Securities and Exchange Commission. An entity controlled by the family of the Company's President and Chief Executive
Ecospeed Rudder Applications Prevent Cavitation Erosion Damage
Several rudders recently were coated with Ecospeed in China and Latvia. In China the rudder of a 294-meter container vessel was treated in Shangai and a 125-meter LPG tanker had its rudder coated in Guangzhou. Around the same time Ecospeed was applied on both rudders of a 186-meter roro vessel in
Wilhelmsen Technical Solutions Acquires Maritime Protection
Wilhelmsen Technical Solutions AS (WTS) has signed an agreement to acquire 100% of the shares in Maritime Protection AS (MP), strengthening the inert gas portfolio for the marine and offshore segments. Purchased from Boss Montasje AS and a group of local investors
WTS Acquires Tankship & Rig Inert Gas Provider
Wilhelmsen Technical Solutions AS (WTS) acquires Maritime Protection AS, strengthening its safety portfolio for the marine & offshore segments. WTS has signed an agreement to acquire 100% of the shares in Maritime Protection AS (MP)
StealthGas Plans to Capitalize on U.S. Gas Exports
Athens-based StealthGas (GASS) Inc. redeployed tankers as far as 13,500 miles to capitalize on record U.S. exports of liquefied petroleum gas, Bloomberg.com reported. StealthGas will reportedly increase its presence in the Americas crom the current 15% of its fleet to 25% by the December
India's Great Eastern Shipping Sells Two
A dry bulk carrier has been delivered to the buyers & the contract for sale of a product carrier tankship has also been signed. The Great EasternShipping Company Ltd. (G E Shipping) has delivered its 1995 built Panamax dry bulk carrier Jag Arnav (about 71,000 dwt) to undisclosed buyers.
LNG Offshore Mega-Project Contract for Phusion
UK headquartered Phusion appointed as Data Management Contractor (DMC) for the INPEX-led Ichthys LNG Mega-Project. The six-year contract is worth £11.5 million (AUD17.6m). The deal extends Phusion’s growing portfolio in Australia where the company is already engaged on the giant
Eni Announces Production from Junín-5 Giant Heavy Oil Field in Venezuela
PetroJunín, joint venture formed by PDVSA (60%) and Eni (40%), has started production from the Junín-5 giant heavy oil field, located in the Faja del Orinoco, the area with the largest untapped hydrocarbon reserves in the world
AtoBviaC Upgrades Distance Tables
A recent upgrade to AtoBviaC’s end user applications for the BP Shipping Marine Distance Tables now means that users can adjust routes and obtain distances to match their own operations. The changes make it possible for the user to produce deviation reports following changes in voyage
LPG Vessels on Order: More & Larger in Size
Rising demand from emerging country economies has prompted owners to order more and larger LPG vessels, according to Drewry. The increased demand has been further improved by a growing consumption base in emerging economies, with supply bolstered by an expected emergence of new export sources
MMLP Purchases Marine Equipment From FMT
Martin Midstream Partners L.P. (Nasdaq:MMLP) ("MMLP" or the "Partnership") and Florida Marine Transporters, Inc. ("FMT") has announced that MMLP has purchased from FMT affiliates six liquefied petroleum gas ("LPG") pressure barges and two commercial push
