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MOL Takes Delivery of LNG Carrier

Image: Mitsui O.S.K Lines Limited

 Mitsui O.S.K Lines Limited (MOL) has taken delivery of the LNG carrier Papua built by Hudong-Zhonghua Shipbuilding Company.  The Papua is the first in a series of four vessels to provide LNG transportation for the PNG LNG project in Papua New Guinea and the Gorgon LNG project in Australia.    MOL will operate the Papua ship under a long-term charter for the PNG LNG project, which is operated by ExxonMobil.   In January 2011, MOL assigned technical experts to the shipyard in China and created a shipbuilding supervision team to ensure the safe and high-quality construction of these LNG carriers. Since then, the company has been actively involved in the project to build these LNG carriers in China, in cooperation with ExxonMobil.   The ship was named Papua by the First Lady of Papua New Guinea, Lynda Babao O'Neill, in a naming ceremony at the Hudong shipyard on 8 January. The vessel will be used to transport LNG for China’s Sinopec, and is co-owned by China Shipping and Sinopec.   MOL’s strong and successful relationship with its Chinese partners in this project led to an initiative to build a further six new LNG carriers for SINOPEC, in which MOL has participated since April 2013. These ships are now under construction at Hudong. A total of 10 vessels, including the four serving the PNG LNG and Gorgon Jansz projects, will be completed by 2017. Completion of the first vessel marks a significant milestone.


Kitimat LNG Partners to Purchase Pacific Trail Pipelines Interest

Kitimat LNG partners Apache Canada Ltd. (Apache Canada) and EOG Resources Canada Inc. (EOG Canada) announced that they have agreed to purchase the 50 percent interest in the Pacific Trail Pipelines Limited Partnership (PTPLP) they do not own from Pacific Northern Gas Ltd. (PNG) for $50m. Apache Canada and EOG Canada will pay PNG $30m on closing – expected by the end of February – and a second payment of $20m when the purchasers decide to proceed with construction of the Kitimat


Hudong-Zhonghua Selected to Build LNG Carriers

Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced today that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in .  These carriers will provide LNG transportation from the Papua New Guinea (PNG) and Gorgon Jansz LNG projects and will be jointly owned by MOL and China Shipping (Group) Company (CS). 


LR Wins Landmark LNG Deal

Lloyd’s Register has won the classification contract for four 155,000 cu-m Technigaz Mk III membrane-type LNG carriers, ordered by BP Shipping at Hyundai Heavy Industries (HHI) with a further four options. These ships are the largest LNG carriers ordered to date. The ships are also noteworthy in that they will have dual fuel diesel electric propulsion and will be the first LNG ships with this type of propulsion to be built in Korea


T&T Salvage Aids Charity’s Efforts Against Malaria

A small feeder container vessel ran aground off the coast of Papua New Guinea. A large part of its cargo consisted of 32 containers of mosquito nets owned by international charitable organization the Rotary Club through their subsidiary Rotarians Against Malaria, a not-for-profit Non-Governmental Organization (NGO) engaged in a program aimed at eliminating Malaria in Papua New Guinea by the use of Long Lasting Insecticidal Mosquito Nets (LLIN’s) which are delivered free of charge to


Gazprom to Deliver LNG Tanker to U.S.

Gazprom has prepared the framework structure of the agreement on the delivery of the third LNG-tanker to the United States, Analytical Information Agency reported. In September 2005 the first LNG-tanker of Gazprom was delivered to the United States for realization on the American market. The agreement concerning the LNG supply on the American market was signed with Shell Western BV and BG Group. The second tanker was supplied in December last year


Wärtsilä to Power World's first LNG Fueled Icebreaker

The new icebreaker built by Arctech Helsinki Shipyard for the Finnish Transport Agency and powered by Wärtsilä dual-fuel engines will be the most environmentally friendly icebreaker ever built.

A new icebreaker being built by Arctech Helsinki Shipyard for the Finnish Transport Agency will be powered by Wärtsilä dual-fuel engines capable of operating on both liquefied natural gas (LNG) and low sulphur diesel fuel. When launched in late 2015, it will be the first LNG-powered icebreaker in the world.   Wärtsilä's track record in dual-fuel engine technology was a crucial factor in the award of the contract


LNG FPSO Ordered

Höegh LNG go for LNG FPSO; teaming up with Aker Yards and ABB Lummus Global Höegh LNG announced that it has entered into agreements with major contractors and formally started the engineering and design for its first LNG FPSO Unit (Floating Production Storage and Offloading), with the objective to design and construct the worlds’ first LNG FPSO. “Our strategy is to develop Höegh LNG’s business model from pure LNG transportation into offering also solutions for LNG production and


LNG: $93B Capex in 5 Years

The new Douglas-Westwood LNG report forecasts five-year facilities Capex will exceed $93 billion. A bright future is forecast for the LNG industry, as growing long-term gas demand drives major investment in global LNG facilities. The World LNG Market Report 2011-2015, from award-winning energy business advisors Douglas-Westwood (DW), predicts the Pacific basin will be the main contributor to a ten-year global investment high of $26 billion per annum by 2015


GofM Energy Hub: LNG Exports to India Planned

Principals Sign the Agreement: Photo credit United LNG

United LNG, LP and Petronet LNG Limited, India's largest LNG importer, agree to supply LNG from the Main Pass Energy Hub™ project in the Gulf of Mexico. The (conditional) agreement was signed by Petronet LNG Managing Director & CEO, Dr. A.K. Balyan and Stephen Payne, Chairman & General Partner of United LNG, of the United States, at the LNG 17 Conference held in Houston, Texas. The parties said they would continue working toward a final Sales Purchase Agreement to conclude the


Kongsberg Contracted to Support FLNG Conversion

CG drawing of the Golar Hilli after conversion (Image courtesy of Kongsberg Maritime)

Kongsberg Maritime secures position in the LNG market with electrical and automation contract for Golar Hilli FLNG   Keppel Shipyard in Singapore and Black & Veatch in the U.S. have awarded Kongsberg Maritime an order for the delivery of an electrical package and safety and automation


New Power Optimization Solution for LNG Carriers

NAPA-DSME Power Solution (Image courtesy of NAPA)

NAPA and DSME launch tailored NAPA-DSME Power Solution for LNG carriers; leading LNG carrier shipyard offers specialized performance monitoring solution   South Korean shipbuilder, Daewoo Shipbuilding & Marine Engineering (DSME) and NAPA, a maritime software


Crowley’s 2nd LNG ConRo Ship Ahead of Schedule

The VT Halter Marine and Crowley teams at Taíno’s steel cutting ceremony May 27 in Pascagoula, Miss. (Photo: VT Halter Marine)

Shipbuilder VT Halter Marine, Inc. announced construction has started early for the second liquefied natural gas (LNG)-powered ConRo ship, Taíno, for Crowley Holdings, Inc.   Taíno’s steel cutting ceremony was held May 27 at VT Halter’s Pascagoula, MIss


Hoegh LNG's Bond Issue

Image: Höegh LNG Holdings Ltd

 Hoegh LNG (HLNG) has successfully completed the issuance of a USD 130 million senior unsecured bond in the Nordic bond market with maturity date expected to be 5 June 2020. The bond issue will be swapped from floating to fixed interest rate.  


Fluxys LNG Launches Zeebrugge Capacity Consultation

Belgian gas infrastructure operator Fluxys said on Thursday it was launching a market consultation to assess demand for additional capacity at the Zeebrugge liquefied natural gas terminal in Belgium.   "Fluxys LNG is considering to extend the Zeebrugge terminal as and when the market


Bids Placed for Novy Port Icebreaker Contract

ARC 130 A icebreaker (Source: IAA PortNews)

Seven companies submit bids for contract for Yamal Novy Port terminal icebreaker   The tendering process for the Yamal Novy Port terminal icebreaker design and build contract has kicked off, seeing seven companies submit bids for the project, IAA PortNews reported.  


LNG Vessel with Wartsila Integrated Solutions Delivered to Evergas

Evergas scope

  The first in a series of 27,500 cbm 'Dragon' class vessels ordered by Evergas, a world renowned owner and operator of seaborne petrochemical and liquid gas transport vessels, is being delivered from the Sinopacific Offshore & Engineering (SOE) shipyard in China today


BMT, Endeavour Energy Win Africa’s LNG Import Terminal Contract

Excelerate FSRU vessel Exquisite Courtesy Excelerate Energy

  BMT Asia Pacific (BMT), a subsidiary of BMT Group Ltd, has been appointed Owners Engineer and lead design consultant by Endeavour Energy for the development of the LNG storage and regasification facility, a part of the Ghana 1000 Gas to Power Project and Africa’s first LNG import


Chevron Hires Viking Princess

Viking Princess. Photo by Eidesvik Offshore

 Eidesvik Offshore has signed a contract for 19 months with Chevron UK employment for one platform supply vessel (PSV) Viking Princess.    The vessel will be delivered to Chevron towards the end of June, and has been trading in the North Sea spot market for the past months. 


Construction Starts on Crowley’s 2nd LNG ConRo Ship

Image: Crowley

Construction begins on Crowley’s second Commitment Class, LNG-powered ConRo ship for use in the Puerto Rico trade   Shipbuilder VT Halter Marine, Inc. has officially started the construction of Taíno, the second of two liquefied natural gas (LNG)-powered


Hoegh LNG Bags FSRU Deal in Chile

Photo by Höegh LNG

 Oslo-based Höegh LNG said it has signed an Floating Storage and Regasification Unit (FSRU)contract with Chilean Octopus LNG for the Penco-Lirquén LNG import terminal to be located in Concepción Bay, Chile.   


CNPC Eyes Myanmar for LNG Terminal

Image: China National Petroleum Corporation

 China's biggest oil and gas company China National Petroleum Corp.(CNPC ) has expressed interested in  a terminal in Kyaukphyu in Myanmar  to receive imported Liquefied natural gas (LNG).   China National Petroleum Corporation has proposed developing a terminal in Kyaukphyu


Red Tape, Industrial Relations Could Stifle LNG Potential

Woodside LNG tanker Photo APPEA

  Australia could develop the world’s most technologically advanced LNG industry, according to a report by Accenture. But if industry is to reach its potential and maximise its contribution to the national economy, it must first overcome some significant hurdles.


Egypt's $3 Bln LNG tender in June

Image: Egyptian Gas Holding Company

 Egypt is reportedly to issue a tender in early June to buy up to $3 billion of liquefied natural gas over 2016 and 2017, Reuters reports.   The country recently secured 90 cargoes of the liquefied natural gas, majority of which came through a $2.2 billion tender


US Funding for Air Emissions/Alternative Energy Projects

The U.S. Maritime Administration (MARAD) announced that up to $1.3 million in Federal funding is now available through cooperative agreements for projects supporting vessel emissions reductions and alternative energy.   The funding is being made available under two separate requests for






 
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