Editorial: Gas ... It's Both the Question & the Answer

By Greg Trauthwein, Editor
Tuesday, July 22, 2014
Greg Trauthwein, Editor & Associate Publisher

When the time comes to pull an edition together, sometimes the content simply takes on a life of its own, as is the case with the July 2014 edition and the proliferation of ‘gas’ throughout. While the advent of gas and all that this little word encompasses is hardly breaking news, to put it in context we literally are in the infancy of a historic course correction that will last generations.
Following up on last month’s interview with Edward Scott, COO of Excelerate Energy (www.marinelink.com/news/excelerate-energy-year371540.aspx) this month Patricia Keefe, via the seventh installation of her “75th Anniversary” series of features for our pages, provides a top to bottom, inside and out profile of the FLNG Prelude, a revolutionary technology taking shape in South Korea that raises the bar many times over in both the maritime and energy sectors. In a word this project is awesome in size and scope, as I think you will agree after reading the story which starts on page 30.
While historic, the FLNG market does not start and end with Prelude, as Keefe notes in her article there is plenty of competition lining up to make the next, biggest splash.
In fact, in Jim McCaul’s monthly report on the burgeoning Floating Production sector, he reports that recently a $1.2B FLNG has been ordered on spec. While the Floating Production market has been dented with the proliferation of shore-based oil and gas finds, the sector remains vibrant and appears to have long legs as the technology has improved to discover and recover resources that previously were deemed impossible or uneconomical to develop. Find out more on this dynamic, growing and high-value sector courtesy of McCaul’s insights, starting on page 38.
Now that it appears we have an abundance of cheap, clean fuel for the future, talk and action has turned to the use of LNG as a fuel for boats and ships. While the jury is still out on the breadth and depth that LNG will penetrate as a mainstream maritime fuel, it is plain for all to see (and feel, on the bottom line that is) that the mandate to make your marine operations cleaner and more environmentally benign is here, it is now, and it is only going to get more restrictive and expensive.
Peter Pospiech, our technical contributor from Germany delivers an insightful look (starting on page 26) at Color Line and its efforts in retrofitting its modern ferries with exhaust aftertreatment scrubber technology in its mission to meet and beat new emission rules.

(As published in the July 2014 edition of Maritime Reporter & Engineering News - http://magazines.marinelink.com/Magazines/MaritimeReporter)

Maritime Today


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

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

Energy

Strike In France: Implications for Tanker Demand

After the oil industry suffered from a severe drought in Venezuela, forest fires in Canada and rebel attacks on oil installations in Nigeria, it is now facing

Floating Storage Flattens Fortunes of $50 Crude

The prices of WTI and Brent crude briefly rose above $50/bbl during intraday trading on Thursday, the highest level seen since the end of July 2015, giving traders a brief moment of optimism,

GloMEEP Project Forges Ahead with Train-the-Trainer Workshop

A global Train-the-Trainer workshop on energy efficiency has been delivered in China (23-27 May), preparing the personnel needed to cascade knowledge on energy

LNG

NASSCO Lays Keel for Jones Act Tanker Liberty

U.S. shipbuilder General Dynamics NASSCO hosted a keel laying ceremony on Thursday, May 26 for the Liberty, one of three new ECO Class Jones Act tankers under a

Höegh LNG Turns to Profit in 1Q

Höegh LNG returned to profit following a Profit after tax of USD 6.3 million for the first quarter of 2016, up from USD 4.0 million net loss in the fourth quarter 2015.

World’s Biggest LNG Buyer Becomes Seller

EDF Trading, a wholly-owned subsidiary of French power giant EDF, has signed an LNG sales and purchase agreement with Japanese LNG aggregator Jera Co Inc, one

News

APM Terminals Bahrain Push for Safety, IT systems

Hidd, Khalifa Bin Salman Port, Bahrain - APM Terminals Bahrain, operators of Khalifa bin Salman Port (KBSP), has recently made significant advances in Safety performance

Seized Hanjin Shipping Vessel Resumes Operation in South Africa

Hanjin Paradip resume  its sailing from South Africa as talks continue with owner over unpaid charter fees. The ship had been detained in Richards Bay, South Africa

Deployment: The Transpacific Trade Steps Up To The Plate

In 2015, it was the Asia-Europe route which was the focus of changing deployment trends, says Clarksons Research.   This year, it is the Transpacific trade which

History

Fednav (Belgium) N.V. Celebrates its 50th Anniversary

Shortly after the inauguration of the Saint Lawrence Seaway in 1959, and the growth of grain exports that followed, bulk shipper Fednav realized that incoming steel

IACS Recommendations for Emergency Response

Following a further round of discussions on 'Places of Refuge' at the IMO last week, prompted by a submission from the EU Member States, the European Commission,

This Day In Naval History: May 26

1943 - USS Saury (SS 189) attacks a Japanese convoy south of Kyushu and sinks transport Kagi Maru, about 10 miles north of the Nansei Shoto. Also on this date,

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pipelines Pod Propulsion Port Authority Salvage Ship Electronics 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: 0.0921 sec (11 req/sec)