LR Wins Landmark LNG Deal

Thursday, November 04, 2004
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. Only a handful of LNG carriers in the world feature this form of propulsion, with most owners and operators opting for steam turbines.

The last of the first four ships will be built at Hyundai’s Samho yard, representing this particular yard’s first LNG carrier.

The BP ships are intended for trade in the Atlantic basin and will serve, among others, Trinidad and Tobago’s Atlantic LNG project, the UK, the US and Spain.

Lloyd’s Register already classes three of BP Shipping’s LNG carriers, all built at Samsung and delivered in 2002-2003: British Trader, British Innovator and British Merchant.

“The winning of this contract confirms Lloyd’s Register’s position as the number one classification society for LNG carriers,” says Tony Bingham, Lloyd’s Register’s Global LNG Business Manager. “Our technical experience and expertise, coupled with an unrivalled number of fully trained and qualified LNG surveyors uniquely enables us to provide shipowners and yards with the high quality classification service they require.”

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

DNV-GL Approves Kongsberg Engine Room Simulators

Kongsberg Maritime has received DNV-GL certification for three of its latest engine room simulator models designed to provide in-depth training on the K-Sim Engine simulator platform.

Container Shipping Lucky to Break Even in 2015

A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according

CMA CGM's OPDR Acquisition Approved by EU

The CMA CGM Group announced that the European Commission has approved its acquisition of OPDR. In order to finalize the acquisition, which was announced on November 25, 2014 by Jacques R.

LNG

First Gas Turbine-powered LNG Carrier Granted AIP

Hyundai Heavy Industries (HHI) announced it has jointly developed world’s first gas turbine-powered 174,000 m3 LNG carrier with GE Aviation and Marine and has secured

Japan's MHI Bags Indian Oil's LNG Storage Tank Contract

Indian Oil Corp (IOC) has awarded a contract to build two football stadium-sized liquefied natural gas (LNG) storage tanks at its upcoming Ennore LNG import terminal

Gazprom, Gasunie Sign Framework Agreement - LNG

At a Meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Han Fennema, CEO and Chairman of the Executive Board of Gasunie a Framework

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
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: 0.1347 sec (7 req/sec)