Marine Link
Tuesday, March 19, 2024
SUBSCRIBE

Liquefied Natural Gas News

17 Mar 2024

Venture Global LNG to Buy Fleet of LNG Vessels

© Andriy Sharpilo / Adobe Stock

Venture Global LNG said on Sunday it would acquire a fleet of nine liquefied natural gas (LNG) transport vessels, expanding its ability to sell and ship its own cargoes.Venture Global LNG has exported hundreds of cargoes since it started liquefying gas for export in 2022 from the first of its three planned facilities in Louisiana. The vessels it used were owned by other companies and leased.The nine vessels in Venture Global's future fleet will be built in South Korea with the first to be delivered later this year…

14 Mar 2024

HaiSea Unveils New Operations Facility for Its Green Tug Fleet

(Photo: HaiSea Marine)

HaiSea Marine, majority owned by Haisla Nation in partnership with Seaspan ULC, is celebrating the official naming and blessing of its new floating operations facility – which will be the home base for its fleet of three full-electric and two liquefied natural gas (LNG)-fueled tugboats.The new facility, named Zewén, is a floating operations and maintenance building purpose-built and designed to withstand the extreme tidal range in the Kitimat region. It features a large workshop…

11 Mar 2024

NextDecade Targets Train 4 FID at Texas LNG Facility in H2 2024

© moofushi / Adobe Stock

NextDecade said on Monday it was targeting a final investment decision (FID) and plans to start construction of the fourth liquefaction train at its Rio Grande liquefied natural gas (LNG) facility in Texas by the second half of 2024.The Rio Grande LNG export plant has been in development for several years, suffering repeated delays. Last year the company made an FID to construct the first three liquefaction trains at the facility.NextDecade expects to finalize commercial arrangements for Train 4 in the coming months to support the FID.

08 Mar 2024

Third Sanmar ElectRA Tug Arrives in Vancouver

(Photo: Sanmar)

A third electric-powered tug built by Sanmar Shipyards in Turkiye has arrived in Vancouver, Canada, to join HaiSea Marine’s fleet.HaiSea Brave will work in Vancouver alongside its sisters HaiSea Wamis and HaiSea Wee'git before all three – along with two Sanmar-built liquefied natural gas (LNG)-fueled tugs – are transferred to LNG Canada’s new export facility in Kitimat, British Columbia.Based on the ElectRA 2800 SX design by Canadian naval architects Robert Allan Ltd, HaiSea Brave…

07 Mar 2024

Harvey Gulf Upgrading Liquid Mud Tanks on Five OSVs

(Photo: Harvey Gulf International)

Offshore vessel owner Harvey Gulf International Marine announced it is modifying its fleet of five dual fuel liquefied natural gas (LNG)/diesel electric powered offshore supply vessels (OSV).A key enhancement includes the segregation of Liquid Mud tanks into six isolated independent tank systems, each equipped with dedicated pumping, valve, loading, and discharging systems with zero chance of cross contamination.The first vessel to undergo these modifications, the 310’ DP2 Harvey Liberty…

05 Mar 2024

Predictive Tech Could Extend Tank Inspection Intervals on LNG Carriers

© Wojciech Wrzesień / Adobe Stock

Inspection intervals for liquefied natural gas (LNG) carrier membrane tanks could be safely extended thanks to monitoring technology and predictive maintenance, according to a study led by GTT Group, Lloyd’s Register and Shell International Trading and Shipping Company Limited.The International Gas Carriers (IGC) Code and IACS UR Z16 rules require LNG carrier cargo tanks to be inspected internally every five years. This joint study explored whether this interval could be extended…

05 Mar 2024

Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets

© vladsv / Adobe Stock

Singapore's Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion Energy, sources with knowledge of the matter said.The sale process comes a decade after the state investment firm set up Pavilion Energy to focus on LNG-related investments, and takes place as spot Asian LNG prices LNG-AS have fallen more than 40% since mid-August, potentially weighing on the deal's valuation.Temasek is evaluating bids for the sale of Pavilion Energy's assets…

04 Mar 2024

MAN to Offer Ammonia-Fuelled Ship Engines After 2027

Source: MAN Energy Solutions

MAN Energy Solutions plans to deliver later this year its first-ever engine fuelled by ammonia for installation on a new vessel in Japan and will be ready to offer ammonia-powered engines to its clients after 2027, its chief executive said.Ammonia is among several alternative fuels that shippers are exploring to reduce emissions. The shipping industry transports around 90% of world trade, but accounts for nearly 3% of the world's carbon dioxide emissions, and installing engines…

28 Feb 2024

Qatar's Bigger LNG Expansion to Squeeze US, Other Rivals

(File photo: QatarEnergy)

Qatar's planned expansion of liquefied natural gas (LNG) production could see it control nearly 25% share of the global market by 2030 and squeeze out rival projects including in the United States where President Biden paused new export approvals, market experts say.Qatar, one of the world's top LNG exporters, plans an 85% expansion in LNG output from its North Field's current 77 million metric tons per year (mtpa) to 142 mtpa by 2030, from previously expected 126 mtpa.Some market experts said that the move will have an impact on global projects in the United States…

28 Feb 2024

Anglo American Takes Delivery of Final LNG Dual-fuel Bulk Carrier

Ubuntu Liberty (Photo: Anglo American)

Anglo American has taken delivery of its 10th and final dual-fueled bulk carrier powered by liquefied natural gas (LNG), the company said on Wednesday.The capesize-plus LNG dual-fueled bulk carriers have been built and delivered over the last three years from Shanghai Waigaoqiao Shipbuilding Co.

28 Feb 2024

First of 10 Newbuilds Delivered for FureBear JV

Fure Vanguard (Photo: Furetank)

The first vessel in a series of 10 newbuilds has been delivered to FureBear, a 50/50 joint venture between Sweden's Furetank and Canada's Algoma Central Corporation.Fure Vanguard is a dual-fuel ice class 1A 17,999 DWT product tanker built by China Merchants Jinling Shipyard in Yangzhou, China.The FureBear JV was formed in 2022 with an initial order for four ships. Later that year, the partners placed an order for four additional vessels, and in 2023 they ordered two more ships.

27 Feb 2024

Congo’s First LNG Cargo to Set Sail in Coming Days

(Credit: Eni)

The first LNG cargo from Eni's Congo LNG project is currently being loaded and will sail to Piombino’s regasification terminal in Italy in the coming days.With the first cargo, the Republic of the Congo enters the group of LNG exporting countries, opening up opportunities for economic growth while contributing to global energy balance.The Congo LNG project, sanctioned in December 2022, came on stream after just one year, in line with the initial timeline.Eni started the introduction…

23 Feb 2024

QatarEnergy Pays Homage to Rex Tillerson by Giving His Name to New LNG Carrier

Rex Tillerson (Credit: QatarEnergy)

QatarEnergy has named the first LNG carrier to be delivered as part of its new LNG fleet expansion program as Rex Tillerson, in recognition of the former Chairman and CEO of ExxonMobil, who also served as the 69th United States Secretary of State.During his 10-year term as Chairman and CEO of ExxonMobil, Tillerson oversaw the consolidation of relations with the State of Qatar and its energy sector, resulting in strategic partnerships and significant investments in Qatar’s LNG industry.While making his mark on the global energy scene…

20 Feb 2024

Sanmar Delivers Another Tug for Boluda Towage

(Photo: Sanmar)

Sanmar reports it has delivered another tugboat to Boluda Towage, marking the third delivery from the Turkish shipbuilder and operator to Spain-headquartered maritime service provider in three months’ time.The delivery of BoÄźaçay LXVII, to be renamed VB Tragen by its new owner, follows the sale and delivery of two former Sanmar fleet tugs - VB Horus and VB Amon – to Boluda Towage in November last year.VB Tragen has been delivered to support Boluda Towage’s services for liquefied natural gas (LNG) operations in Germany.

19 Feb 2024

Gulf LNG Tugs to Provide Towage at Texas LNG Terminal in Brownsville

(Image: Texas LNG)

Gulf LNG Tugs of Texas has been selected to provide towage services for the Texas LNG export terminal to be constructed in the Port of Brownsville.Gulf LNG Tugs, a consortium of Suderman & Young Towing Company, Bay-Houston Towing, and Moran Towing Corporation, will build, deliver and operate tugboats under a long term agreement to assist LNG carriers arriving at the facility.Texas LNG will be a 4 million tonnes per annum (MTPA) liquefied natural gas (LNG) export terminal owned and managed by Glenfarne Energy Transition.

19 Feb 2024

Houthis Say Ship Attacked in Gulf of Aden May Sink

© Eugene / Adobe Stock

Yemen's Houthi militants said on Monday they had attacked another cargo vessel in the Gulf of Aden which was at risk of sinking, raising the stakes in their campaign to disrupt global shipping in solidarity with Palestinians in the Gaza war.The Iran-aligned Houthis have made repeated drone and missile strikes since November in the Red Sea and Bab al-Mandab Strait, drawing U.S. and British bombing against them.Houthi military spokesperson Yahya Sarea said in a statement that the Rubymar's crew was safe but that the ship was badly damaged and at risk of sinking.

19 Feb 2024

Red Sea Disruption to Impact Deliveries, Not Output, QatarEnergy CEO Says

© vladsv / Adobe Stock

Disruption to shipping in the Red Sea region will impact QatarEnergy's deliveries of liquefied natural gas (LNG) but not its production, CEO Saad al-Kaabi said on Monday."It's only going to take longer to get it there. But it will not reach a point where we have to stop production because there isn't any ship.

15 Feb 2024

ABS Opens LNG Academy in Qatar

(Credit: Screenshot/ABS Video)

American Bureau of Shipping (ABS) has inaugurated the ABS Global LNG Academy, a cutting-edge training center dedicated to using the latest techniques to educate mariners in modern liquefied natural gas (LNG) vessel operations.Located in Doha and supported by QatarEnergy, the Academy is a coordinated effort with industry partners, who are working together to make the ABS LNG Academy the global epicenter for LNG-related training and development. Establishing the training center is also a key part of ABS’ support of Qatar’s National Vision 2030 and the Tawteen Program…

15 Feb 2024

CMA CGM Takes Delivery of LNG-Powered Mermaid Containership

CMA CGM Mermaid containership (Credit: CMA CGM)

French container shipping group CMA CGM has taken delivery of the CMA CGM Mermaid, the first ship in a series of 10 new 2,000 TEU containerships powered by liquefied natural gas (LNG), which will be progressively deployed in the Mediterranean and Northern Europe.CMA CGM Mermaid containership is the result of collaboration between CMA CGM, Chantiers de l'Atlantique, and Hyundai Heavy Industries.The delivery is part of CMA CGM's fleet renewal program, in which the group invested more than $15 billion…

15 Feb 2024

BP Welcomes FLNG Gimi in West Africa

FLNG Gimi (Credit: BP)

The floating liquefied natural gas (FLNG) vessel Gimi, that is a core component of the Greater Tortue Ahmeyim (GTA) LNG project, has arrived at its destination on the Mauritania and Senegal maritime border.The FLNG vessel Gimi is at the heart of the GTA Phase 1 development, operated by BP with partners, Kosmos Energy, PETROSEN and SMH.GTA Phase 1 is set to produce around 2.3 million tonnes of LNG per year. The innovative project is expected to produce LNG for more than 20 years…

14 Feb 2024

Fincantieri Delivers Cruise Ship Sun Princess

Sun Princess (Photo: Fincantieri)

Italian shipbuilding group Fincantieri announced it has delivered Sun Princess, the first in a series of two new liquefied natural gas (LNG ) fueled cruise ships for Princess Cruises.At about 178,000 gross tons, Sun Princess is the largest ship ever built in Italy, as well as the first LNG cruise ship ever built by Fincantieri, the shipbuilder said. The ship is also the first dual-fuel vessel powered primarily by LNG to enter the Princess fleet.Sun Princess is the first in Princess Cruises’ Sphere class. Its sister-ship is scheduled to be delivered in 2025.

14 Feb 2024

GTT Scoops Order for 8 Very Large LNG Carrier Tank Designs

© aerial-drone / Adobe Stock

French engineering company GTT has received an order from a Chinese shipyard for the tank design of eight new very large liquefied natural gas (LNG) carriers.GTT will design the tanks for the eight LNG carriers, which will each offer five tanks with a total capacity of 271,000 m3.The tanks will be fitted with the NO96 Super+ membrane containment system developed by GTT.Delivery is scheduled between the second quarter of 2028 and the fourth quarter of 2029.No further details have been disclosed by the company at the time of the announcement.

14 Feb 2024

MOL Embarks on Liquid Hydrogen Transport Study

Rendering of the liquefied hydrogen carrier (Credit: HD KSOE)

Mitsui O.S.K Lines (MOL) has signed non-binding memorandum of understanding (MoU) with Woodside Energy, HD Korea Shipbuilding and Offshore Engineering (HD KSOE), and Hyundai Glovis to jointly study the development of shipping solutions to enable bulk marine transportation of liquid hydrogen.Woodside Energy, HD KSOE and Hyundai Glovis have been studying liquid hydrogen transportation since 2022.In this project, the participating companies will study the technology, safety, construction…

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week