Liquefied Natural Gas Carrier News

Technologies developed and deployed in pursuit of net zero bring environmental and societal benefits for shipping owners and operators to outweigh their own emissions.SIM is a technology with the potential to make a significant contribution to maritime decarbonization, writes Patrick Ryan, ABSOne of the biggest problems for shipowners seeking to understand how environmental regulation will impact the performance of their fleets in future is uncertainty. While the regulatory framework is in place…

ABS, Hudong–Zhonghua Shipbuilding (HZS), and Wärtsilä have teamed to develop a flexible, future-ready, and modular concept for a future multi-fuel electric Liquefied Natural Gas Carrier (LNGC) vessel.The project will, partners say, apply various decarbonization technologies and solutions to the vessel design and operation models to investigate its performance against the International Maritime Organization’s (IMO’s) Carbon Intensity Indicator (CII) up to at least 2050."The LNGC will be highly flexible…

As the focus on carbon emissions comes to the fore across all industries, Keppel O&M, which supports the circular economy concept and is a ship conversion leader, is able to help companies reduce their indirect emissions. Proof of this was delivery of the world’s first FLNG conversion solution that dramatically reduced the carbon footprint of the project as compared to new construction. There’s a second conversion project currently underway, and by the way: it’s faster to market…

French multinational naval engineering company Gaztransport & Technigaz (GTT) has received two orders from the Korean shipyards, one from Hyundai Samho Heavy Industries (HSHI) and the other one from Hyundai Heavy Industries (HHI) for the tank design of two Liquefied Natural Gas Carrier (LNGC).Each vessel will offer a capacity of 174,000 m3. GTT will design the tanks of the vessels, which will be fitted with the Mark III Flex membrane containment system, a technology developed by GTT.The first LNGC will be built in HSHI shipyard on behalf of an Asian ship-owner whose name remains confidential at this stage. The vessel delivery is scheduled for the second quarter of 2022.The second LNGC will be built in HHI shipyard on behalf of the Korean ship-owner SK Shipping Co.

Monaco-based shipowner GasLog has taken delivery of the 180,000-m3 GasLog Warsaw liquefied natural gas carrier (LNGC) from South Korea’s Samsung Heavy Industries (SHI) on July 31.GasLog Warsaw is the first 180,000 cbm LNG tanker delivered to the company by SHI. The shipbuilder has a further seven units for GasLog on order.GasLog Warsaw is a 180,000 cubic meter (cbm) Mark III Flex Plus carrier with low pressure dual fuel two-stroke (X-DF) propulsion.The vessel was immediately delivered into a new charter with a wholly-owned subsidiary of Cheniere Energy for the period prior to the commencement of her long-term charter with a subsidiary of Endesa in May 2021.On June 25, 2019, GasLog entered into a loan agreement with ABN AMRO BANK N.V.

Johor Port Berhad has signed an agreement with Petronas LNG Ltd. to provide marine services for vessels that receive gassing up and cooling down (GUCD) services at PLL’s Regasification Terminal Pengerang.According to a press release from integrated multi-purpose port facility located at the southern tip of Peninsular Malaysia, the signing of the Marine Services Agreement by Johor Port Bhd and PPL enables the provisioning of marine services and attractive tariff for vessels that receive Gassing Up and Cooling Down (GUCD) services at PLL’s Regasification Terminal Pengerang (RGTP).The GUCD is a specialised service of bringing the storage tanks on liquefied natural gas carrier (LNG) vessels to a natural environment and cooling it down to cryogenic temperature (minus 160 degrees Celcius).

GTT has received an order from Hyundai Samho Heavy Industries (HSHI) for the tank design of a Liquefied Natural Gas Carrier (LNGC) on behalf of the Japanese ship-owner Nippon Yusen Kaisha (NYK).GTT’s Mark III Flex membrane containment system has been selected to equip the LNGC, offering a capacity of 174,000 m3. The vessel’s delivery is scheduled for the end of 2022.

Mitsubishi Shipbuilding held a christening ceremony on February 21 for the next-generation LNG (liquefied natural gas) carrier currently under construction for Mitsui & Co., Ltd.The new ship, named Marvel Crane, is a design that significantly improves both LNG carrying capacity and fuel performance due to the adoption of efficient hull structure and hybrid propulsion system. Completion is scheduled for March 2019, after which the Marvel Crane will be put into service, transporting LNG for the Cameron LNG Project in the U.S., in which Mitsui & Co.

Mitsubishi Shipbuilding Co., Ltd. held a christening ceremony for a next-generation LNG (liquefied natural gas) carrier under construction for TRANS PACIFIC SHIPPING 5 LTD., a joint venture of JERA Co., Inc. (JERA) and Mitsui O.S.K. Lines, Ltd. (MOL). The new ship, named Nohshu Maru, is the fourth vessel of the latest model "Sayaringo STaGE" type, featuring significant improvements in both LNG carrying capacity and fuel performance due to the adoption of a more efficient hull structure and an innovative hybrid propulsion system.

Höegh Esperanza, the Floating Storage Regasification Unit (FSRU) unit operated by Norway’s Höegh LNG Holdings, has arrived at the Tianjin LNG terminal in China and started commissioning for FSRU operations.Höegh Esperanza is currently serving a three-plus-one year FSRU/liquefied natural gas carrier (LNGC) time charter with CNOOC Gas & Power Trading and Marketing, said a press release from the LNG transportation and services provider.Under the contract, Höegh Esperanza will be utilised in FSRU mode for a minimum period each year, with the balance of the year in LNG carrier mode and/or FSRU mode. The rate structure corresponds to the mode of use…

Mitsubishi Shipbuilding held a christening ceremony for a next-generation LNG (liquefied natural gas) carrier under construction for MOG-X LNG Shipholding S.A., a wholly owned subsidiary of Mitsui O.S.K. Lines, Ltd. (MOL).The ship, named "LNG JUNO," is the third "Sayaringo STaGE" type vessel, and is Mitsubishi Shipbuilding's newest carrier to feature significant improvements in both LNG carrying capacity and fuel performance through adoption of a more efficient hull structure and an innovative hybrid propulsion system.

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…

Mitsubishi Shipbuilding held the christening ceremony for a next-generation LNG (liquefied natural gas) carrier under construction for a joint venture of Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line). The ship, named "Diamond Gas Rose", is the second "Sayaringo STaGE" type vessel, Mitsubishi Shipbuilding's newest carrier that achieves significant improvements in both LNG carrying capacity and fuel performance through adoption of a more efficient hull structure and an innovative hybrid propulsion system.

GE’s Marine Solutions is showcasing its latest technologies and offerings to date at SMM 2016. Staggering oil prices, strict environment regulations and volatile economic conditions are among the key factors that add uncertainty to the marine industry. Calling for industry-wide collaboration, GE is taking up the challenge to build more cost-efficient vessels through close partnership with industry leaders. GE and Dalian Shipbuilding Industry Co. Ltd. have received approval in…

South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) and Sovcomflot have agreed to delay a liquefied natural gas carrier being built for the Yamal LNG project in Russia. According DSME statement the vessel, which was originally scheduled for June this year re-set the delivery date, will now be delivered in January 2017. No details have been disclosed on the reasons of the delay. In March 2014, DSME) signed with Russia's largest shipping company Sovcomflot to build 170000CBM level Polar special (ARC7 Ice-class) icebreaking LNG ship. The vessel is a prototype for a series of 16 Arctic LNG carriers, and will be the first to load at the liquefaction and export plant in Port of Sabetta (Ob Bay, Kara Sea), currently under construction.

Dynagas LNG Partners LP has entered into an agreement with Dynagas Holding Ltd to purchase 100% of the ownership interests in the entity that owns and operates the Lena River, a 2013 built 155,000 cubic meter ice class liquefied natural gas carrier, and the related time charter contract with Gazprom Global LNG Limited, for an aggregate purchase price of $240.0 million. The closing of the Lena River acquisition is expected to take place on or before December 31, 2015 and is subject to customary closing conditions. The Lena River is currently operating under the Gazprom Charter, which has an initial term of five years and expires in October 2018.

Mitsui O.S.K. Lines, Ltd. today took part in a naming ceremony for the newbuilding liquefied natural gas carrier LNG JUROJIN, which is co-owned by MOL and Kansai Electric Power Co., Inc. at the Nagasaki Shipyard & Machinery Works of Mitsubishi Heavy Industries, Ltd. Among the many guests on hand were KEPCO President and Director Yagi, who named the new vessel, and his wife, who cut the rope. After delivery, the LNG JUROJIN will serve a broad range of LNG transport projects, including the Ichthys LNG Project. value-added LNG transport services tailored to the needs of customers, including electric power and gas companies in Japan. (9) Shipyard : Mitsubishi Heavy Industries Shipbuilding, Co., Ltd. (10) Ship management company : Mitsui O.S.K. Lines, Ltd.

Mitsui O.S.K. Lines, Ltd. today took part in a naming ceremony for the newbuilding liquefied natural gas carrier LNG FUKUROKUJU, which is co-owned by MOL and Kansai Electric Power Co., Inc. at Sakaide Works of Kawasaki Heavy Industries, Ltd. Among the many guests on hand were KEPCO President and Director Yagi, who named the new vessel, and his wife, who cut the rope. The LNG FUKUROKUJU will serve a broad range of projects including the Australia/Pacific LNG Project after the delivery. The vessel adopts a new steam turbine engine that reuses steam for heating, which will also reduce fuel consumption, and an advanced heat insulation system that offers the lowest LNG vaporization rate - 0.08% - of any LNG carrier in the world.

GTT, a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), announced it has received a new order in June for one liquefied natural gas carrier (LNGC) vessel to be built by the Japanese shipbuilder Imabari Shipbuilding Co., Ltd.    The LNGC, for Mitsui & Co., will be built with the Mark III Flex technology and is expected to be delivered in 2020.   Philippe Berterottière, Chairman and CEO, commented, "We are very pleased that Imabari Shipbuilding Co., Ltd. has decided to renew its trust in our technologies. This new order also confirms the importance of our innovation policy. Out of 31 orders recorded over the last six months, 30 use technologies which were launched over the last three years".

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.

Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), has received an order for one liquefied natural gas carrier (LNGC).   The ship will be built by the South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) for Teekay.   The LNGC for Teekay is expected to be delivered throughout 2018 and will be built with the innovative NO 96 GW technology, which allows an optimized boil-off rate of cargo LNG.

Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), has received a new order for one Liquefied Natural Gas Carrier (LNGC).   The new ship for Mitsui OSK Lines (MOL) will be built by the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) and is expected to be delivered in 2018.   The ship will be built with the NO96-GW technology which allows an optimized boil-off rate of cargo LNG.

Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of liquefied natural gas (LNG), has won an order for one liquefied natural gas carrier (LNGC).   The ship will be built by the Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).   The LNGC for the Greek shipowner Chandris is expected to be delivered in 2018 and will be built with the NO96-GW technology, which allows an optimized boil-off rate of cargo LNG, GTT said.