ChevronTexaco to Operate New LNG Carrier

Wednesday, March 17, 2004
ChevronTexaco Shipping Co. LLC announced one of its affiliates will serve as the operator of the North West Shelf Venture (Venture) Gas Project's newest vessel, the Northwest Swan. The vessel is currently planned to deliver liquefied natural gas (LNG) from the project's Western Australian operations to customers in Japan, Korea and China, as well as provide opportunities to deliver into the LNG spot market. Mike Carthew, president of ChevronTexaco Shipping Co. LLC, said, "We are proud that ChevronTexaco has been chosen by the Venture participants to serve as operator of the Northwest Swan, the ninth and largest vessel in their fleet. We are committed to bringing our strong record of safety, reliability and environmental performance to the operation of this newest generation of LNG carriers. As we join the other vessels in the fleet, we look forward to being a part of the Venture's operations and its plans to meet the growing demand for natural gas from its customers." The Northwest Swan was constructed at the Daewoo Shipbuilding and Marine Engineering shipyard in Okpo, Korea. Unlike the fleet's other eight ships that are equipped with spherical tanks, the Northwest Swan will utilize a membrane containment system, which provides the ship with a more conventional profile. The vessel has a length of 287 metres, a beam of 43.4 metres, a draught of 11.5 metres and a capacity of 138,500 cubic metres, as compared to 125,000 cubic metres in the existing fleet. The ship will be operated by Chevron Transport Corp. Ltd., an affiliate of ChevronTexaco Shipping Co. LLC. The ship was named today in a ceremony on Geoje Island, Korea, by Mrs. Jane Ann Gass, wife of John Gass, president of ChevronTexaco Global Gas. Participants in the North West Shelf Venture, each of whom hold an equal interest, are: Woodside Energy Ltd. (operator); ChevronTexaco Australia Pty Ltd.; BHP Billiton Petroleum (North West Shelf) Pty Ltd.; BP Developments Australia Pty Ltd.; Japan Australia LNG (MIMI) Pty Ltd.; and Shell Development (Australia) Proprietary Limited.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Swiber Applies for Judicial Management Instead of Liquidation

Singapore oilfield services company Swiber Holdings Ltd said on Friday it has applied to place itself under judicial management instead of liquidation.   Swiber

Cenac Marine to Christen New Vessel, Donate Barge

A ceremony will be held July 29 at Cenac Marine Services headquarters in, Houma, La. To commemorate the christening of its newest vessel, M/V Quincey Cenac, as

Concordia Maritime Posts Q2 Profit

Facing a “gradually deteriorating market,” Sweden based tanker shipping company Concordia Maritime said it was able to post a profit in Q2 2016 based on high vessel

LNG

First US LNG Shipment Goes to China

The first liquefied natural gas vessel from the lower 48 U.S. states is on its way to China, according to a Reuters interactive map on Friday, the latest sign that

LNG Market Needs More Vessels than Currently on Order

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

Insights: Kunkel Weighs in on Propulsion Technology

LNG? Methanol as fuel? Hybrid systems? Tier 4? Reducing noise? Cutting emissions without crushing fuel economy? Marine News readers have questions and Bob Kunkel has answers.

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0878 sec (11 req/sec)