Lng Shipping News

Singapore-based Seatrium has secured a series of major contracts for vessel repairs, upgrades and conversions, set for completion by the end of 2025.With an aggregate value of S$350 million ($259 million), the contracts have reinforced Seatrium’s reputation as a one of the market leaders in vessel repairs, upgrades and conversions.The diverse range of complex contracts secured by Seatrium Repairs and Upgrades include the upgrades and conversions of Floating Storage Regasification Units (FSRU)…

QatarEnergy signed time-charter party (TCP) agreements with Qatar Gas Transport Company (Nakilat) for the operation of 25 conventional-size LNG vessels as part of the second shipowner tender under QatarEnergy’s LNG fleet expansion program.Seventeen of the 25 LNG vessels are being built at the Hyundai Heavy Industries (HHI) shipyards in South Korea, while the remaining eight are being built at Hanwha Ocean, also in South Korea.These agreements firm up last month’s selection of…

QatarEnergy has selected Qatar Gas Transport Company Limited (Nakilat) to be the owner and operator of up to 25 conventional-size LNG carriers pursuant to Time Charter Parties (TCP).The 25 vessels, each with a capacity of 174,000 cubic meters, will be owned 100% by Nakilat and chartered out to affiliates of QatarEnergy. They are scheduled for construction at South Korean shipyards.This constitutes the first award in the second batch of long-term TCPs under QatarEnergy’s LNG fleet expansion project.

French engineering company GTT has signed two new technical services agreements with China-based energy supplier JOVO for its LNG carriers.The contracts cover GTT's assistance and operational support for LNG carriers operated by JOVO.GTT will provide its field expertise for inspections, maintenance, repairs and engineering consultancy.JOVO will also benefit from access to GTT's HEARS emergency hotline, available 24/7, to provide rapid technical assistance to crews.These new partnerships follow a first services contract…

QatarEnergy, the world's second largest exporter of liquefied natural gas, has stopped sending tankers via the Red Sea although production continues, a senior source with direct knowledge of the matter told Reuters on Monday.Yemen's Iran-backed Houthi group has since November been attacking vessels in the Red Sea, part of a route that accounts for about 12% of the world's shipping traffic, in what they say is an effort to support Palestinians in the war with Israel.At least four tankers used to carry Qatari LNG were held up over the weekend after U.S.

Woodside Energy has reached agreement with three Australian maritime unions on the Australian crewing of an LNG vessel.The agreement with the Construction, Forestry and Maritime Employees Union – Maritime Union of Australia Division; the Australian Institute of Marine and Power Engineers; and the Australian Maritime Officers Union preserves a role for Australian-resident seafarers in the maritime industry delivering LNG to customers across Asia.The agreement will support employment of around 70 Australian-resident seafarers on an LNG carrier within Woodside’s chartered fleet.

French engineering firm GTT announced it has signed a strategic cooperation agreement with Chinese shipbuilding group China State Shipbuilding Corporation Limited (CSSC).The agreement provides for cooperation between GTT and 12 subsidiaries of the CSSC conglomerate, notably in ship design and construction, cryogenic containment technologies for liquefied natural gas (LNG) shipping, LNG as fuel and smart shipping solutions.As part of this agreement, GTT and CSSC aim to develop and market competitive LNG tank solutions with GTT technologies…

South Korean private equity firm Hahn & Co is reviewing strategic options for its majority stake in SK Shipping Co, including a sale that could value the company at about $10 billion including debt, Bloomberg News reported on Thursday.Hahn & Co is working with financial advisers as it weighs a partial or full sale of its stake, the report said, citing people familiar with the matter, adding that it was considering other options like selling individual divisions of the Seoul-based shipping company.SK Shipping did not immediately respond to a Reuters request for comment, while Hahn & Co could no

Japan's Mitsui O.S.K. Lines, Ltd. (MOL) and Kyushu Electric Power Co., Inc. (Kyuden) said Tuesday that a Panamax coal carrier that uses low-environmental-impact LNG as its main fuel was delivered and started operation on November 14.In a naming and delivery ceremony held at the Imari Shipyard and Works of Namura Shipbuilding Co., Ltd., the new vessel was named Reimei.The Reimei, a large LNG-fueled coal carrier, is operated by MOL to transport coal from overseas to Kyuden's coal-fired thermal power plants.Credit: MOLCompared to conventional marine fuel…

U.S. liquefied natural gas (LNG) producers ramped up exports in October, to 7.92 million metric tons, according to data provider LSEG, the second-highest monthly level on record.Exports were just shy of the record 8.01 million metric tons in April this year, and were up from 7.12 million metric tons in September, when plant maintenance reduced U.S. production.The U.S. was the world's largest exporter of LNG in the first half of this year, according to the Energy Information Agency, ahead of Qatar and Australia.

The American Bureau of Shipping (ABS) issued an approval in principle (AIP) to Hudong-Zhonghua (HZ) Shipyard for its new  liquified natural gas (LNG) carrier design, currently the world’s largest with 271,000 cubic meters of cargo tank capacity.The design features flexible dual-fuel propulsion and an air lubrication system for more sustainable operations. The synergy of a more efficient hull and the use of low-carbon fuel in the fuel-efficient engine is expected to translate to the lowering of the overall carbon footprint of the vessel…

LNT Marine and Shanghai Merchant Ship Design and Research Institute (SDARI) received approval in principle (AIP) from ABS for the latest variant of their LNT A-BOX liquified natural gas (LNG) containment system, which is more than three times the size of the previous design.The new design is for a 175,000-cubic-meter (m3) LNG carrier, a significant increase in capacity from the earlier 45,000 m3 design installed on the pioneering ABS-classed Saga Dawn carrier for Saga LNG Shipping.The LNT A-BOX system features self-supporting IMO Type-A tanks mounted within an insulated hold space.

Norwegian vessel operator Wilhelmsen Ship Management announced it has taken over management of the newbuild liquefied petroleum gas (LPG) carrier HLS Blue Sapphire.The 86,000-cubic-meter-capacity very large gas carrier (VLGC) is the first managed by Wilhelmsen for new client Hyundai LNG Shipping of South Korea.The LPG dual fuel vessel was built at South Korea's Hyundai Samho Heavy Industries Ltd.

Northern Lights, a carbon capture and storage joint venture between TotalEnergies, Shell, and Equinor, has signed an agreement under which Japan's "K" Line will operate Northern Lights' first two 7,500 m3 liquefied CO2 ships. The ships will be delivered in 2024, and they will be part of the world's first full-scale CCS value chain."K" Line's London-based subsidiary “K” LINE LNG Shipping (UK) Ltd. will manage two ships transporting liquefied CO2 from industrial emitters, including the Norcem Brevik and Hafslund Oslo Celsio carbon capture facilities…

MISC Berhad (MISC), through its wholly-owned subsidiary, Portovenere and Lerici (Labuan) Pte Ltd (PLL), together with its consortium partners, Nippon Yusen Kabushiki Kaisha (NYK), Kawasaki Kisen Kaisha, Ltd. (K-Line) and China LNG Shipping (Holdings) Limited (CLNG), have been awarded long-term time charter contracts by QatarEnergy for five additional newbuild Liquefied Natural Gas (LNG) carriers to be built by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd.Together with the seven long-term time-charter contracts that were secured earlier in August…

The Biden administration late on Sunday approved a waiver of U.S. shipping rules to address Puerto Rico's urgent need for liquefied natural gas (LNG) after Hurricane Fiona. The Homeland Security Department (DHS) issued a waiver of the Jones Act, a century-old law that requires goods moved between U.S. ports to be carried by U.S.-flagged ships "to address Puerto Rico’s needs as recovery efforts from Hurricane Fiona continue," the department said. In late September, the DHS approved…

TotalEnergies, signatory of the Sea Cargo Charter in 2020, identified the need for a better monitoring system that also allows to report and optimize GHG emissions for its LNG fleet. Reporting on emissions was a tedious, manual time-consuming process that was prone to error, and left little room for optimization. BW, the owner and operator of some LNG vessels chartered by the energy major, was at the same time focused on monitoring and improving the environmental performance of…

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.

Shell Plc said on Monday it has resumed shipping liquefied natural gas (LNG) from its Prelude floating LNG facility off northwest Australia after a four-month shutdown due to a major power failure.A cargo completed loading and left the site on Sunday night, a Shell spokesperson said, declining to disclose the destination."Our focus at Prelude remains on the long-term and delivering safe, sustained and reliable performance into the future," Shell said in a statement.The 3.6 million-tonnes-a-year Prelude FLNG facility lost power on Dec.

Shell has signed a five-year contract for the installation of Kongsberg's JAWS (Just Add Water System) software on board 45 of the LNG carriers chartered by Shell.These are LNG carriers that already utilize the Kongsberg Maritime K-IMS Information Management System application suite. K-IMS is a web-based solution that gives both ship crews and shore teams continual access to crucial voyage and vessel data. The provision of JAWS as an application within the K-IMS suite renders it instantly available to all K-IMS users.The contract signing follows a successful year-long trial…

NYK-affiliated company France LNG Shipping has secured a long-term charter contract for a new liquefied natural gas (LNG) carrier with EDF LNG Shipping SAS. The newly built LNG carrier is scheduled for delivery in 2025 from Hyundai Samho Heavy Industries Co. Ltd. This is the fourth NYK vessel on a long-term time-charter contract with the EDF Group.The newly built LNG carrier will be propelled by a WinGD-built, dual-fuel slow-speed diesel engine. The carrier will also feature an Air Liquide–manufactured*** Turbo-Brayton refrigeration system that can tap surplus boil-off gas.

On March 3, the liquefied natural gas (LNG) carrier Elisa Aquila commercially managed by France LNG Shipping and under a long-term charter contract with Edison SPA, a Milan-based energy company, was delivered.Elisa Aquila will be the second vessel to be chartered to the EDF group, a French electric power company, on a long-term basis (up to 20 years including extension options) and will be engaged in LNG transportation under the ship management of Gazocean, a French ship management company specialized in LNG…

NYK said that the joint-venture companies (Comprising NYK, “K” Line, MISC Berhad, and China LNG Shipping (Holdings) Limited) that NYK is a part of have signed a long-term time-charter contract with QatarEnergy, the state energy company of Qatar, for seven liquefied natural gas (LNG) carriers. The joint-venture companies have also executed shipbuilding contracts for the seven 174,000 m3 LNG carriers with Hyundai Heavy Industries Co., Ltd.These ships will be equipped with an X-DF 2.1 iCER and air lubrication system, both of which will contribute to a reduction of GHG emissions and an improved environmental impact.LNG Carrier Main ParticularsLength, oa: approx.