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Neptune Lng

Neptune LLC LNG DWP License Application

The Maritime Administration (MARAD) and the US Coast Guard issued a notice stating that the final environmental impact statement for the Neptune LNG LLC liquefied natural gas (LNG) deepwater port (DWP) license application is available to review. The application describes a project to construct and operate an LNG DWP in federal waters of Massachusetts Bay approximately eight miles southeast of Gloucester. Public meetings will be held in Gloucester (November 14) and Salem (November 15). Written comments should be submitted by December 2. 71 Fed. Reg. 64606 (HK Law)


New RAmparts 3000 Tug for Boston Towing

Photo courtesy Robert Allan Ltd.

Boston Towing and Transportation Company has taken delivery of the first of a new pair of tugs designed by Robert Allan Ltd., Naval Architects of Vancouver, B.C., for offshore LNG Terminal support for the Neptune LNG LLC, Deep Water Port, offshore Massachusetts Bay.  The M.V. Justice is the smaller of the two tugs.  It is a modified RAmparts 3000 Class tug which will primarily be engaged in harbour duties, but will serve as the back-up for the larger tug (the ASD 39/70 Class


Barging Right into LNG

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A raft of new and innovative concepts for LNG barge missions hits the market, in North America and across the pond, as well. Industry gears up for the soon-to-come need for bunkering, infrastructure and LNG-related logistics.   In 2014, innovation – as it turns out – means new ideas for the (previously) boring subject of marine barges. It also means LNG. Paired together, LNG and barges are giving naval architects


SUEZ to Bring U.S. Crew on Board

SUEZ LNG NA LLC (SUEZ) announced that the LNG ship SUEZ Matthew has become the first liquefied natural gas(LNG) vessel in recent history calling on United States ports to begin utilizing U.S. mariners onboard. This development represents the early implementation of an agreement with MarAd to provide job opportunities for U.S. mariners on all SUEZ LNG NA vessels within the next five years. SUEZ was the first company in the industry to enter into an agreement with the MarAd in December 2006


Dynagas Partners inks long-term deals for two LNG Vessels

Courtesy Dynagas Partners

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


MISC Looks for Takeover Targets

MISC Bhd, the world's largest carrier of liquefied natural gas (LNG), is on the lookout for takeover targets to help it grow amid softer shipping rates, according to a report on http://www.btimes.com.my. In 2003, the firm bought American Eagle Tankers (AET), a crude oil transportation company, from Singapore's Neptune Orient Lines for $445 million. An analyst from a foreign research house said that if MISC were to buy, it will be to support AET to grow its petroleum business.


Port Dolphin Files Deepwater Port Application with Coast Guard

Port Dolphin Energy LLC, a wholly owned US subsidiary of the Norwegian based company Höegh LNG AS, has submitted an application to the U.S. Coast Guard for approval to build and operate a deep water port for the import of natural gas to Florida's west coast. The proposed project will consist of: two submerged turret unloading and mooring buoys (STL type) to receive an average of up to 800 million cubic feet per day of natural gas from LNG Shuttle and Regasification Vessels (SRVs)


Russian Government to Cancel LNG Export Duties

The Russian government may cancel export duties on liquefied natural gas (LNG) following a request from Gazprom, says an RIA Novosti report. The gas giant plans to build two LNG plants near the giant offshore Shtokman gas field and in East Siberia for export to the U.S. market. The move is being discussed by a government committee and is set to be put to Prime Minister Mikhail Fradkov for approval. Both Russia and the U.S. view LNG as the centerpiece of their energy dialogue. U.S


Neptune Start-Up Delayed by Hull “Anomolies”

The Neptune TLP, which is located approximately 120 miles off the Louisiana coastline, was scheduled to start up first oil and natural gas production by the end of March and the company is currently assessing all the options in order to re-commence start up activities. The schedule for first production will be updated. BHP Billiton is designated operator of the field with a 35 per cent interest. Partners include Marathon Oil Company (30 per cent), Woodside Energy (USA) Inc


Aker Kvaerner Awarded Drilling Equipment Contract

Aker Kvaerner has been awarded a contract with Neptune Marine & Drilling Pte Ltd in Singapore for delivery of a drilling equipment to the Neptune Explorer drillship. The total contract value for Aker Kvaerner is approximately $23m. "This contract which consists of derrick drill floor equipment and motion compensation are based on Aker Kvaerner MH's standard drilling equipment. This contract with Neptun is our latest project that will benefit from standardisation of our drilling equipment


World Trade Routes Won't be the Same with Expanded Panama Canal!

Graph: Clarksons Research

 On 26th June 2016, a landmark development for the shipping industry will occur with the opening of the new third set of locks at the Panama Canal. Clarksons Research takes a look.   Around ten years in the making, the expansion will enable significantly larger ships to transit the


Conrad Shipyard Forms LNG Business Unit

Conrad LNG Vice President Brett Wolbrink (Photo: Conrad Shipyard)

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


VEB Guarantees $3 Bln of Yamal LNG Debt

Russian development bank VEB said on Friday it had provided a guarantee for $3 billion of debt to the Yamal liquefied natural gas (LNG) project, led by Russian gas firm Novatek.   VEB said in a statement that the guarantee would help encourage overseas financing for the Yamal project


GTT, Endel Team-up to Roll-out Membrane Containment Systems

The concept, design, components, erection and testing of the membrane tank systems provided by GTT

21 June 2016. GTT and the Endel company1 reaffirmed their collaboration in the area of LNG as a marine fuel, following the recent signature of a Technical Assistance and License Agreement (TALA) for the construction of GTT membrane containment systems


GasLog Completes $1.05 Bn Financing Facility for Six Vessels

Photo: GasLog Ltd

 Monaco-headquartered owner and operator of liquefied natural gas (LNG) carriers GasLog Ltd. has launched a debt financing of USD 1.05 billion with a number of international banks to re-finance six legacy vessel facilities.   The Legacy Facility Re-financing covers eight on-the-water


Golar, Stonepeak Launch Launch FSRU Joint Venture

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


SCF Group Secures Funds for New Arctic LNG Tanker

PAO Sovcomflot (SCF Group) and VTB Bank have signed a $260 million 13-year loan agreement, providing financing of construction of an Arctic liquefied natural gas (LNG) tanker for the Yamal LNG project.   The agreement was signed on June 17, 2016 by Sergey Frank


ABS Group Signs on Elba LNG Project

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.  


Teekay Orders LNG Cargo Training Software

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.  


ME-GI Engines for Maran's New LNG Carriers

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 Joins Study for LNG Bunkering in Yokohama

Image of LNG-fueled tugboat Image NYK

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 Teams up with Japan, South Korea on LNG

Dharmendra Pradhan. Photo: Ministry of Petroleum and Natural Gas

 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.  


NOL Appoints New CEO, CFO

Nicolas Sartini (Photo: NOL)

Amid a takeover by France’s CMA CGM, Singapore container shipper Neptune Orient Lines (NOL) has named a new chief executive officer and chief financial officer.   Nicolas Sartini will take over as chief executive officer, succeeding Ng Yat Chung


NLNG Adds New Vessels

Image: Nigeria Liquefied Natural Gas Limited

 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.  


Golar Redesigns Ship Management with BASSnet

Courtesy Golar LNG

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.






 
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