Gaslog Lng News

Singapore-based Seatrium has renewed its long-term favored customer contract (FCC) with GasLog LNG Services and Shell International Trading and Shipping Company (STASCO) to provide ship repairs, refurbishment and upgrading for their LNG carriers until 2029, with further renewal options.The contract marks a collaborative partnership between Seatrium and these two leading maritime companies with whom the Singaporean group has established a long history of collaboration.The contract involves the repairs…

Ship classification organization ABS said Tuesday it had joined an elite working group comprised of global maritime leaders to study onboard carbon capture technologies.The collaborative project brings together ABS, Diana Shipping Services S.A., Equinor ASA, GasLog LNG Services Ltd., Maran Gas Maritime Inc., Minerva Gas Inc., Neptune Lines Shipping and Managing Enterprises S.A., Norwegian Maritime Authority (NMA), Prime Tanker Management Inc., Solvang ASA, Springfield Shipping Co.

Kongsberg Digital signed an agreement on the Vessel Insight infrastructure with Gaslog LNG, meaning the entire fleet, counting 35 vessels will be digitized.“Our goal is to limit the impact of our operations on the marine environment and minimize our emissions, while making LNG shipping reliable and profitable for our customers. We are glad to enter this contract and partnership with Kongsberg Digital to innovate and improve the efficiency of our fleet,” says Marios Sarafidis, Energy & Decarbonization Manager.

Liquefied natural gas (LNG) is expected to have increased by 9%, from 288 million tonnes per annum (mtpa) in 2017 to 313 mtpa in 2018, said GasLog.The Monaco-based owner, operator and manager of LNG carriers said in a stock exchange announcement that China’s LNG imports increased by approximately 16 mtpa, or 41%, to 54 mtpa in 2018, driven mainly by continued coal-to-gas switching in the industrial, commercial and residential sectors.South Korea, Pakistan, Thailand and Mexico also experienced strong growth in LNG imports during 2018. The outlook remains robust, with Wood Mackenzie forecasting compound annual growth in global LNG demand of 6% between 2018 and 2025.This growth is expected to be broad-based…

Gaztransport & Technigaz (GTT) announced that it has received an order from the Korean shipyard Samsung Heavy Industries (SHI) for the tank design of two LNG carriers, on behalf of the ship-owner Gaslog.Each offering a capacity of 180,000 m3, the tanks will be fitted with the Mark III Flex+ containment system.The vessels' delivery is expected for Q2 and Q3 of 2021 respectively, said GTT, an engineering company expert in containment systems with cryogenic membranes used to transport and store liquefied gas, in particular LNG (Liquefied Natural Gas).Philippe Berterottière, Chairman and CEO of GTT, declared: "We are pleased to receive this new order from two long term partners…

Kongsberg Digital (KDI) will deliver to GasLog a comprehensive liquefied natural gas (LNG) simulator package designed to enable new levels of safety and operational training for the owner/operator’s professional crews.GasLog operates 27 LNG vessels through its subsidiary, GasLog LNG Services and has seven ships currently on order. The KDI contract represents a commitment and investment on GasLog’s part to provide a high-level training environment for their crews, solely focused on LNG operation.The scope of supply is based on an integrated…

Wärtsilä said it has signed an engine maintenance agreement with Monaco-based GasLog LNG Services, covering eight LNG carriers operating on Wärtsilä dual-fuel engines. The agreement, effective as of October 1, 2017, consists of Dynamic Maintenance Planning (DMP), technical support, secured availability of spare parts and specialized technical personnel around the clock as well as constant performance monitoring. Wärtsilä's digital services enable remote troubleshooting and tuning of engines as well as software updates.

ABS, a leading provider of classification and technical services to the marine and offshore industries, and GasLog LNG Services (GasLog) have completed a joint development project demonstrating a new approach to evaluating LNG boil-off rate (BOR). GasLog is an international owner, operator and manager of LNG carriers, providing support to international energy companies as part of their LNG logistics chain. “By expanding the application of computational fluid dynamics (CFD) analysis to simulate the LNG BOR in cargo tanks, owners are able to better predict boil-off gas and account for it in future designs and operations of LNG carriers,” says ABS Chief Technology Officer Howard Fireman. LNG boil-off gas is the vapor phase of LNG carried in a cargo tank.

LNG tanker shipmanagement company GasLog LNG Services Ltd. has selected Seagull Maritime’s e-learning material & Competence Management platform for use fleet-wide, in manning offices and online, along with the Crew Evaluation System for its main office in Greece. GasLog LNG Services Ltd. currently operates a fleet of 23 LNG tankers with an extensive new building program underway. “At GasLog we pride ourselves on our outstanding record of safety, both for our people and the environment within which we work.

Wärtsilä informs it has signed a maintenance agreement with the GasLog LNG Services Limited that aims to ensure the reliability of operation of GasLog's seven LNG carriers, each having a cargo capacity of 155,000 cbm. According to Wärtsilä, the demand for predictive analytics and advisory services is increasing. By analyzing the data collected from GasLog's vessels, Wärtsilä said it is able to provide valuable information regarding the condition of the equipment, which enables GasLog to optimize maintenance and asset performance.

Monaco-based liquefied natural gas carrier owner GasLog has reported a sharp increase in profits in 1Q15, saying the sector's medium- to long-term outlook remains encouraging. Group net profits jumped to $13.8 million in 1Q15 from $6.4 million in the same period last year, as revenues rose to $97.3 million from $57 million. “Against a back drop of weak overall energy markets, the first quarter of 2015 saw us take delivery of the Methane Becki Anne and the Methane Julia Louise, bringing our consolidated fleet to 27 vessels,” Paul Wogan, Chief Executive Officer of GasLog said. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by $0.01. During the same quarter in the previous year, the company posted $0.13 earnings per share.

GasLog Ltd. an international owner, operator and manager of liquefied natural gas (LNG) carriers, report its financial results for the quarter ended June 30, 2013. Contracted 2 LNG newbuildings at Samsung Heavy Industries for delivery in 2016. Vessels chartered out to BG Group for minimum 7 years with charterer’s option to extend. Delivery of GasLog Sydney in May and GasLog Skagen in July ahead of schedule with concurrent delivery to the charterer. For the second quarter, GasLog reports Profit of $20.4 million, EBITDA(1) of $33.8 million and earnings per share (“EPS”) of $0.32.

GasLog Ltd. announced the delivery of a new LNG carrier GasLog Santiago, from Samsung Heavy Industries. Immediately on delivery, which was on budget and ahead of schedule, she commenced a medium-term charter to Methane Services Ltd. (BG Group). The vessel is a 155,000 cubic meter tri-fuel Diesel Electric LNG carrier that sets new standards for efficient performance and environmental protection. The vessel is classified to the ABS ENVIRO+ notation, signifying the highest level of environmental protection and energy conservation. Furthermore the vessel is equipped with a new type of cargo compressors that will reduce the release of greenhouse gasses and offer enhanced cargo and heel management. The owners say that the new ship will be operated by GasLog LNG Services Ltd.

LNG carrier 'GasLog Shanghai' delivered on budget ahead of schedule from Samsung Heavy Industries. The vessel is a 155,000 cubic meter Tri-Fuel Diesel Electric LNG carrier that sets new standards for efficient performance and environmental protection. The vessel is classified to the ABS ENVIRO+ notation, signifying the highest level of environmental protection and energy conservation. Furthermore the vessel is equipped with a new type of cargo compressors that will reduce the release of greenhouse gasses and offer enhanced cargo and heel management.

ABS announced the certification of several maritime industry leaders for adopting energy management systems. Gaslog LNG Services Ltd., Consolidated Marine Management and Goodwood Ship Management Pte Ltd. are among the first organizations to certify their energy management systems using the ABS Guide for Marine Health, Safety, Quality, Environmental and Energy (HSQEEn) Management. These forward-leaning companies are exceeding maritime industry requirements for energy efficiency and establishing systems that will allow them to manage operations that align with increased environmental awareness. This certification recognizes the addition of energy efficiency to these organization’s existing marine management systems.

The International Seafarers' Welfare Awards, aimed at show-casing best practice in seafarers' welfare in the maritime industry, will take place on November 28, 2012 at the IMO in London. - Port of the Year: Port of Corpus Christi, USA; Kandla Port, India and Port of Singapore, Singapore. - Seafarer Center of the Year: The Flying Angel Club Fremantle, Australia; Mission to Seafarers Sydney, Australia; Mission to Seafarers Vancouver & Roberts Bank, Canada; Seafarers' House Port Everglades, USA; Seamen's Club Welcome Bremerhaven, Germany. -  Drop-in Center of the Year: The Seafarers' Welcome Center, Chennai; and The International Drop-in Center for Seafarers, Singapore.