Marine link
 

New Lng

FERC Approves New LNG Terminal

The Federal Energy Regulatory Commission approved several new natural gas projects, including the construction of a new marine terminal for liquefied natural gas (LNG) and expansion of a previously approved LNG project that will increase and enhance the energy infrastructure in the Gulf Coast region of the United States. The Commission approved a proposal by Corpus Christi LNG, L.P. and Cheniere Corpus Christi Pipeline Company to construct and operate a new LNG terminal and related pipeline facilities near Corpus Christi, Texas. The Commission also approved an amended proposal by Cameron LNG, LLC to expand its facilities in Hackberry, LA to receive larger LNG tankers at its terminal that is currently under construction. In separate decisions, the Commission approved three new storage facilities. FERC Chairman Pat Wood, III said, “These facilities add much needed infrastructure to meet our Nation’s ever-increasing demand for reliable and affordable energy.” The Commission authorized Corpus Christi LNG to construct and operate an LNG terminal to import, store and vaporize approximately 2.6 billion cubic feet (Bcf) of LNG per day. In addition, the Commission authorized Cheniere Pipeline Company to construct and operate a 23-mile, 48-inch diameter pipeline that would extend from the proposed terminal and interconnect with various interstate and intrastate pipeline facilities in San Patricio County, TX.


Mariners Get LNG Handling Experience At MSI

Maneuvering trials and Shiphandling training for Guayanilla, Puerto Rico Masters, Pilots and tug Masters were conducted at MarineSafety International's Newport Simulator Center April 17 - 20 and July 5 - 7, 2000. The port of Guayanilla was modeled, including a new LNG terminal to accommodate large, deep draft ships entering the port for the first time. The objectives of the trials were to give the mariners an opportunity to gain experience handling large LNG ships in their restricted harbor


Qatargas Gains Two New LNG Vessels

Two new LNG vessels that will join the Qatargas fleet have been handed over to the owners’ consortium by Daewoo Shipbuilding & Marine Engineering Ltd (DSME) at its ship building yard in the Geoje Island in South Korea. The vessels Al Ruwais and Al Safliya will now proceed with bunkering and leave South Korea in the next few days. The first cargo will be delivered to Japan using one of these vessels before the year end.


ChevronTexaco Orders Two LNG Carriers

ChevronTexaco Corp. ordered two LNG carriers from Samsung Heavy Industries of South Korea to support the planned growth in the company’s LNG business. The new LNG carriers will have a capacity of 154,800 cubic meters each. Both carriers will be of membrane-type design and equipped with dual fuel diesel-electric propulsion. The two carriers are planned for delivery in 2009. ChevronTexaco Global Gas President John Gass said: "ChevronTexaco has large holdings of natural gas resources in


MarAd Approves Deepwater LNG Port Off Louisiana

It soon will be easier to import natural gas from fuel tankers, without disruption to shoreline communities and the environment, thanks in part to a new deepwater liquid natural gas (LNG) port approved today by the U.S. Maritime Administration. The LNG port, to be built by El Paso Energy Bridge Gulf of Mexico LLC about 116 miles south of New Orleans in the Gulf of Mexico, is a terminal to process and transfer natural gas received from LNG transport ships to a pipeline system


Tri-fuel LNG Carrier Delivered to GasLog

GasLog Ltd. announced the delivery of a new LNG carrier GasLog Santiago, from Samsung Heavy Industries. Immediately on delivery, which was on budget and ahead of schedule, she commenced a medium-term charter to Methane Services Ltd. (BG Group). The vessel is a 155,000 cubic meter tri-fuel Diesel Electric LNG carrier that sets new standards for efficient performance and environmental protection. The vessel is classified to the ABS ENVIRO+ notation


Malaysia's Petronas to Buy its Own Newbuild LNG Ships

Petronas says that as part of its strategy to optimise the value of its liquefied natural gas (LNG) business, it has decided to directly procure newbuild LNG ships to meet its LNG transportation requirements. The move will allow Petronas to have direct access to LNG shipping capacity at the lowest possible costs. The company adds that they will be engaging MISC Bhd to provide Project Management and Technical Consultancy services for the construction of the new LNG ships


ABS Extends Design Approval for KC-1 LNG CCS

ABS has granted extended general design approval for the KC-1 LNG cargo containment system (CCS). The new membrane type will be installed on newbuild LNG carriers currently on order for Korea Gas Corporation (KOGAS), the world's largest LNG importer.    The new LNG CCS design is a corrugated membrane type based on KOGAS' membrane containment system technology used for land-based LNG storage tanks. KOGAS developed the design concept for the KC-1 CCS in cooperation with the DSME


VARD's LNG Tank gets DNV GL Approval

The tank is the result of a joint industry project (JIP) initiated by VARD and DNV GL Photo DNV GL

VARD’s new LNG tank design has been granted General Approval for Ship Application (GASA) by DNV GL. The new LNG-type B-tank design is based on vertical cylindrical-shape geometry and has a patented support design. The tank is the result of a joint industry project (JIP) initiated by VARD and DNV GL in April 2015. Initially, a number of design and documentation challenges were identified, but throughout the project


Total Signs Deal to Supply LNG to China's ENN

Image: ENN Energy

 Total SA has signed an agreement to supply liquefied natural gas to ENN Energy in China, according to a news release on the French energy company's website.   The deal is for 0.5 million metric tons of LNG per year for a period of 10 years and will be delivered from the company's facilities. Total didn't specify which projects if would source the product from but it has offtake from Australia's Ichthys project, geographically close to China.  


First LNG Vessel Transits Expanded Panama Canal

Shell-chartered LNG carrier Maran Gas Apollonia transiting the Expanded Panama Canal’s Agua Clara Locks

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


LNG Market Needs More Vessels than Currently on Order

Graph: Drewry

 Despite the current weakness in LNG shipping rates, Drewry maintains its bullish long-term outlook for LNG shipping and believes that the market will require more vessels than listed on the current orderbook, according to the latest edition of the LNG Forecaster report published by global


KOGAS to Support Korean Shipyards

Deagu Head Office. Photo: Korea Gas Corp.

 In a bid to help South Korean local shipyard weather their worst-ever slump, the State-run Korea Gas Corp. (KOGAS), the world's largest LNG importer, will soon place shipbuilding and maintenance orders with them, says a report by Yonhap.  


A Shipyard Grows in Trinidad & Tobago

La Brea_T&T Shipyard Port_FIX..jpg

Spurred by Panama Canal Expansion and U.S. LNG Export, $500 Million Shipyard Projects Starts   As Trinidad and Tobago seeks to diversify its economy, it is banking on a massive shipyard construction project as the centerpiece of a maritime industry and economic revival


Total, KOGAS Extend Cooperation on LNG

Image: Korea Gas Corp

 Korea Gas Corp, the world’s biggest importer of LNG, has struck deals with French giant Total to extend its reach into the liquefaction sector, reports Reuters.   Total has pledged to press forward with investment in LNG despite the downturn in oil and gas prices and has signed


French Banks Eye Yamal LNG Project

Image: Yamal LNG

 French banks may participate in lending for the Russia's Yamal liquefied natural gas (LNG) project, a relevant agreement may be signed in 2016, Tass reported quoting Russia's Economic Development Minister Alexei Ulyukayev.   "As for French banks - we have made very serious


Statoil: Limited U.S. LNG Impact in Europe this Year

File Image: An LNG STS Transfer underway (credit: Excelerate)

The European natural gas market is well supplied by pipeline gas from Norway and Russia, Norway's Statoil said on Wednesday, adding that it expected only limited impact from U.S. liquefied natural gas (LNG) supply this year. "Looking at the gas market moving forward the starting point is


Crowley Christens Third LNG-ready Product Tanker

Carrie Templin christens Crowley’s new product tanker Louisiana in New Orleans (Photo: Crowley)

Crowley Maritime Corporation christened the third of four new LNG-ready Jones Act product tankers at a May 5 ceremony at the Julia Street Cruise Terminal in New Orleans.   The 600-foot-long, 50,000-dead-weight-ton (dwt), 330,000-barrel-capacity MT Louisiana is capable of carrying crude oil


Yamal LNG Over 50% Complete

Photo: NOVATEK

 Novatek deputy chairman and CFO Mark Gyetvay said the Yamal LNG project in Russia have now passed the 50 percent overall completion mark.   Gyetvay noted that 100 percent of the Yamal LNG’s production capacity has been sold.  


Shell Deploys Third LNG-powered OSV

Harvey Liberty (Photo: Shell)

Shell Offshore Inc. today marked the delivery of the third liquefied natural gas (LNG) powered offshore supply vessel (OSV) in Port Fourchon, La.   The new vessel, Harvey Liberty, chartered from specialist company Harvey Gulf International Marine, will join sister ships


US LNG Shipments Point to Global Gas Price Convergence

Image by East-West Center

 The emergence of US liquefied natural gas as a competitive alternative for European and Asian customers, combined with an oversupplied market, should drive more convergence between natural gas prices at major hubs and weaken the link between gas and oil prices, Fitch Ratings says.  


No New Australian LNG Projects Doesn't Mean No New LNG

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


LPG Carrier Makes First Commercial Transit through Expanded Panama Canal

Photo: Panama Canal Authority

On June 27, the expanded Panama Canal opened for commercial transit, and Lycaste Peace, a very large liquefied petroleum gas (LPG) carrier operated by NYK, was the first vessel to complete a commercial passage through the new locks.  


Tallink Christens LNG Ferry Megastar

Former president of Finland, Tarja Halonen, with Janek Stalmeister, AS Tallink Grupp (Photo: Meyer Turku)

 A new LNG-driven fast ferry Megastar was christened in Meyer Turku shipyard for owner/operator Tallink Grupp. The environmentally sound ship was christened on July 1 by former president of Finland Tarja Halonen.   First steel was cut for Megastar on August 4, 2015


LNG: Did the Greeks Get it Wrong?

Graph: Alibra

 In December 2013, Alibra’s market report front page read: “When in shipping, do as the Greeks do.” At that time, Alibra was referring to the fact that 31% of the LNG carrier orderbook had been ordered by Greek owners.  






 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright