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Sabine Pass Lng

Teekay Charters Out Two LNG Newbuildings

Teekay LNG Partners signs two, 5-year time-charter contracts with Cheniere Marketing to provide Liquefied Natural Gas (LNG) transportation services. The fixed-rate time-charter contracts will be serviced by the two 173,400 cubic meter LNG carrier newbuildings ordered by Teekay LNG in December 2012. The newbuildings are currently under construction by Daewoo Shipbuilding & Marine Engineering of South Korea and are scheduled to be delivered in the first half of 2016. These new ships will be constructed with M-type, Electronically Controlled, Gas Injection (MEGI) twin engines, which are designed to be significantly more fuel-efficient and have lower emission levels than other engines currently being used in LNG shipping. "We are excited to be supporting Cheniere, which will be exporting volumes from the Sabine Pass LNG export facility, the first LNG export facility project in the contiguous United States to receive approval for LNG exports," commented Peter Evensen, Chief Executive Officer of Teekay GP LLC. "This is a pioneering transaction which combines one of the first U.S. LNG export facilities with the first MEGI-propelled LNG carriers to be chartered." Mr. Evensen continued, "With this transaction, the Partnership is once again able to provide investors with visible distributable cash flow growth that we expect to build on due to the strong fundamentals of the LNG transportation markets we see developing commencing from 2016

US to Export LNG to China

Photo: Cheniere Energy, Inc

 Buyers from China are looking at long term liquefied natural gas (LNG) supplies from US firm Cheniere Energy, news agency Reuters quoted a company official as saying.   This would be the first LNG deal between the world's two biggest energy users. Cheniere Energy is set to become the first U.S. LNG exporter, with shipments to start by the end of this year.    However, no Chinese companies have signed up for any U.S. LNG cargoes so far.  

Chicago Bridge Wins $1B Contract

Chicago Bridge & Iron Co. N.V. on August 1 was awarded a contract, valued at more than $1b, by Golden Pass LNG Terminal LLC for the construction of a liquefied natural gas import terminal near Sabine Pass, Texas. The engineering firm said the terminal, which is expected to start up in 2009, will have import capacity to process 15.6 million tons of LNG per year. The project is expected to create more than 1,000 construction jobs in southeast Texas. (Source: Reuters)

U.S. DofE Likely to Grant More LNG Export Permits

The Department of Energy is likely to approve additional permits this year to companies looking to export liquefied natural gas more broadly, reports Market Watch, citing Morgan Stanley. Freeport LNG has recently received DOE approval to export LNG to countries without a free trade agreement with the U.S.. Only one other project — Cheniere Energy Inc.’s Sabine Pass — has been granted that coveted permit, informs the Wall Street Journal Market Watch report.

Collision in Sabine Ship Channel

A Coast Guard crew passes the capsized 101-foot crew boat Rene I after it was involved in a collision with the 784-foot tanker Genmar Strength in the Sabine Ship Channel. The boat sank between the jetties where the channel enters the Gulf of Mexico, approximately two miles east of Sabine Pass, Texas. Coast Guard crews rescued three of the four men aboard the Rene I and the crew of a Sabine pilot boat rescued the fourth crewmember

USCG: US Faces Ship Shortage for Gas Exports

The expected boom in liquefied natural gas exports from the United States risks being hampered by a lack of vessels to handle the trade, the head of the U.S. coast guard told  shipping industry executives on Tuesday. The LNG tanker market, currently suffering from oversupply due to weak demand for natural gas, could thus in a few years face a shortage of capacity, Paul Zukunft told the Nor-Shipping conference.

LNG Main Pass Energy Hub Needed

Industry consortium wants to utilize McMoRan’s Main Pass Energy Hub™ (MPEH™) as a potential deepwater port facility. United LNG, LP, and Freeport-McMoRan Energy LLC (FME), a subsidiary of McMoRan Exploration Co, are engaged in efforts to utilize McMoRan’s Main Pass Energy Hub™ (MPEH™) as a potential Deepwater Port facility to receive, store, condition, and liquefy domestic natural gas for export as liquefied natural gas (LNG)

Gulf LNG Clean Energy Marine Terminal Project – Meeting

The U.S. Coast Guard is preparing a letter of recommendation as to the suitability of the Pascagoula Bar, Horn Island Pass, Lower Pascagoula Bay, and Bayou Casotte Channels for liquefied natural gas (LNG) marine traffic. The letter of recommendation is in response to a letter of intent submitted by Gulf LNG Clean Energy Marine Terminal Project to operate a LNG facility in Jackson County, Mississippi. A public meeting will be held in Pascagoula on December 7 to receive input

Noble Drilling Reaches Agreement

Noble Drilling Corporation has negotiated a resolution to the dispute with Mariner Energy, Inc. regarding the use by Mariner of Noble's newly converted semisubmersible, Noble Homer Ferrington. As announced on January 10, 2000, Noble had previously filed suit against Mariner and Samedan Oil Corporation for breach of contract regarding the use of the rig. As part of the settlement, Mariner and Noble have executed agreements covering use of Noble Homer Ferrington at variable dayrates for 660

Coast Guard Investigates Collision

The Coast Guard medevaced a 47-year-old man from the OSV Capt. After it reportedly collided with the a tanker ship, the Panam Carabe, Friday night. A rescue boat from Coast Guard Station Sabine was dispatched, to meet the Capt. Nick about 10 miles off shore from Sabine, Texas. The crew arrived at the vessel's location, after being slowed by heavy fog and extremely low visibility. The injured crewman was complaining of intense internal pain

Tsakos Fixes Three LR2s on Timecharter

Photo: Tsakos Energy Navigation Ltd

 Crude, product and LNG tanker operator Tsakos Energy Navigation Ltd (TNP) announced the charter for an average of 36-months per vessel for its three LR2 Aframax tankers to a major European oil concern for crude trading operations. The total gross revenues from these three fixtures are

Two RAscal 1500 Tugs Delivered

RAscal 1500 tugs for Jordanian owners

  Sanmar Shipyard of Turkey has recently completed two RAscal 1500 tugs for Jordanian owners. The tugs are now delivering marine services to the FSRU berthing facility at the Sheikh Subah Al Ahmad Al Subah LNG terminal in Aqaba, Jordan

Becker Marine, Kotug Sign MOU for LNG Hybrid Barge

From left to right: Ard-Jan Kooren (KOTUG), Dirk Lehmann (Becker Marine Systems) and Arjan Stavast (Shell Downstream LNG)

Press release - Becker Marine Systems and KOTUG signed a Memorandum of Understanding to launch a LNG Hybrid Barge in the Port of Rotterdam with effect from June 2017. The LNG Hybrid Barge, a floating energy plant, is designed to provide environmentally friendly power for ships in ports

MARAD to Fund Study on LNG Conversions

Midnight Sun will be converted to dual fuel LNG propulsion starting in December 2015 (Photo: TOTE)

MARAD provides funding to further study LNG as marine fuel for containerships The U.S. Maritime Administration (MARAD) announced it has entered a $900,000 cooperative agreement with Totem Ocean Trailer Express Inc. (TOTE) to study the costs and benefits of converting vessel to liquefied natural

Singapore Offers Funding to Build LNG Vessels

Image: MPA

 Singapore Offers Funding to Build LNG Vessels   Port of Singapore offers S$12 million funding for building of LNG-fuelled vessels as Singapore advances LNG bunkering efforts to meet future demand   The Port of Singapore, regarded as a leading bunkering hub

BW Gas Floating LNG Terminal Arrives in Egypt

A second liquefied natural gas (LNG) import terminal arrived in Egypt without cargo on Wednesday and will start operating in the third week of October, state gas board EGAS head Khaled Abdel Badie told Reuters. The floating storage and regasification unit (FSRU) provided by Singapore-based

Qatar – World's Biggest LNG Exporter

Photo:  Qatargas Operating Company Limited

 Qatar has retained the crown of the biggest exporters of natural gas and the biggest exporter of liquid gas or LNG in the world, reports The Peninsula.   The country exported nearly 77 million tonnes (MT) of Liquefied Natural Gas (LNG) in 2014 which was approximately one-third of

LNG Cement Carrier Greenland Ready for Launching

M.V. ‘Greenland’ bn 423. Photo by  Ferus Smit

 LNG-powered M.V. Greenland, a dedicated cement carrier, will be launched on October 31 at Ferus Smit Westerbroek Yard in the Netherlands.   The vessel will be one of the first ever dry cargo vessels with an LNG fuelled propulsion system

Dredging Contract Awarded for Corpus Christi LNG Terminal

U.S. dredging services provider Great Lakes Dredge & Dock Corporation announced it was awarded a contract for work on an export terminal under the development of Corpus Christi Liquefaction, LLC (CCL).   CCL, a subsidiary of Cheniere Energy, Inc

Shell Plans Second LNG Terminal in India

Image: Hazira LNG and Port

The Hague-based global energy giant Royal Dutch Shell is planning to establish a floating liquefied natural gas (LNG) facility on the east coast of India at Kakinada in Andhra Pradesh.    Shell already has a 5 million tonne LNG terminal at Hazira in Gujarat set up nearly a decade back

EC Approves Aid for Finland's First LNG Terminal

Pori LNG terminal Photo: Gasum Oy

 The European Commission has approved under EU state aid rules Finland's plans to grant €23 million to construct a small scale LNG terminal at Pori on Finland's west coast.   The European Commission has concluded that Finland's plans to grant €23 million of public funding for

China Shipping Firms, Dynagas Mull Arctic LNG Vessel Deal

China Merchants Energy Shipping, Sinotrans Shipping and Greek shipping firm Dynagas are in talks to form a joint venture to build five vessels to ship liquefied natural gas (LNG) from the Arctic, the firms said. China Merchants said in a stock exchange statement on Tuesday that its board had

Shipbuilding: Crowley's First LNG ConRo Ship on Schedule

Image: Crowley

Construction of the first of two liquefied natural gas (LNG)-powered, combination container – Roll-On/Roll-Off (ConRo) ships for Crowley Maritime Corporation’s liner services group is now 25 percent complete, the company announced.

Cheniere to Ship LNG Cargoes to France

Sabine Pass LNG Terminal. Pic: Cheniere Energy

 Cheniere Energy agrees to send 24 cargoes of liquefied natural gas (LNG), or 89T BTUs, from its Sabine Pass Terminal in Louisiana in 2017 and 2018 to French state-controlled power utility  Electricite de France (EDF), its second deal in two months to ship the fuel to France after EDF

Sinotrans to Build Five Arctic LNG Carriers

Pic: Sinotrans Shipping

 Sinotrans Shipping, one of China’s largest shipping companies, is in negotiations to take part in a joint venture to commission the building of five Arctic LNG carriers, says the company's stock market announcement.   The company said in a statement that it is in talks with

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