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Lng Carrier

Hyundai Heavy Wins Orders Worth $1.1 Billion

177,000 cbm LNG Carrier Abdelkader.

Hyundai Heavy Industries, the world’s biggest shipbuilder, today announced the Company had won orders for 4 liquefied natural gas carriers and 1 LNG floating storage regasification unit worth USD 1.1 billion.   Hyundai Heavy won orders to build two 162,000 cbm LNG carriers for Golar LNG of Norway on February 10 and two same-class ships for an unnamed European shipowner on February 8. The contract with Golar LNG includes an option exercisable by the Norwegian company for two additional same-class LNG carriers. LNG carriers for Golar LNG will be built by Hyundai Samho Heavy Industries, a Hyundai Heavy affiliate. These membrane-type LNG carriers, scheduled to be delivered between the second quarter of 2014 and the first half of 2015, will feature the Dual Fuel Diesel Engine System (DFDE) which allows the ships to run on oil fuel or natural gas.   In addition, Hyundai Heavy won an order to build a third LNG Floating Storage Regasification Unit (FSRU) for Hoegh on February 13. The contract for the LNG FSRU is an option exercised by Hoegh from the original contract signed in June 2011. The 170,000 cbm LNG FSRU is scheduled to be delivered by the second quarter of 2014.   LNG FSRU receive liquefied natural gas from offloading LNG carriers. The installed regasification system provides gas send-out through flexible risers and pipelines to shore. LNG FSRU take a year less and cost half as much as an onshore LNG terminal to complete


Dynagas, GasLog, Golar LNG Team up to Operate LNG Carrier Pool

gaslog-Santiago

  Dynagas Ltd., GasLog Ltd. and Golar LNG Ltd today jointly announced having entered into an LNG carrier pooling agreement to market their vessels, which are currently operating in the LNG shipping spot market. The LNG Carrier Pool allows the participating owners to optimise the operation of the pool vessels through improved scheduling ability, cost efficiencies and common marketing. The objective of the LNG Carrier Pool is to serve the transportation requirements of a rapidly growing


Dual-Fuel Propulsion System for LNG Carrier

Hyundai Heavy Industries Co., Ltd. (HHI) has developed the first Korean Dual-Fuel Diesel-Electric (DFDE) propulsion system for LNG carriers. The DFDE propulsion system uses either oil or gas, depending on the situation. It uses an electric motor like large cruise ships and submarines, not a steam turbine, which is the traditional propulsion system for LNG carriers. The DFDE propulsion system improves fuel efficiency, reacts quickly, and provides a smooth voyage.


Qatar Drydock has 7 LNG Carriers Under Repair

In Qatar, Nakilat-Keppel Offshore & Marine (N-KOM) shipyard has 7 ocean-going LNG carriers in its drydock for  repairs, overhauls As part of the Erhama Bin Jaber Al Jalahma Shipyard, N-KOM has successfully completed marine, offshore and onshore projects for both local and international clients, with LNG repairs making up almost half of these projects reports LNG World News. The seven LNG carriers (Al Jasra, Al Bidda, Al Wajbah, Dukhan, Al Gharrafa


GasLog to List on NY Bourse

Image courtesy of GasLog

LNG carrier owners and operators, GasLog Partners LP, inform it has priced its initial public offering of 8,400,000 common units representing limited partner interests at $21.00 per common unit. The common units will begin trading on the New York Stock Exchange on May 7, 2014 under the ticker symbol “GLOP”. The offering is expected to close on May 12, 2014. The underwriters have a 30-day option to purchase up to 1,260


Teekay, BP Enter Deal for Newbuild LNG Tankers

Teekay LNG signs charter contracts with BP for up to two LNG carrier newbuilds   Teekay LNG Partners L.P. announced that it has entered into a 13-year time-charter contract with BP Shipping Limited (BP) for one liquefied natural gas (LNG) carrier newbuilding, plus an option exercisable by BP by the end of the third quarter of 2015 for one additional LNG carrier under similar terms.   The vessels, including the optional vessel if exercised


LNG Carrier to Enter Service in China by End of Year

According to reports, China LNG Shipping (Holdings) Ltd plans to put the first liquefied natural gas (LNG) carrier built in China into operation by the end of this year, serving Guangdong Dapeng LNG Co, an official of China LNG said. A company official said China LNG would also build carriers for CNOOC Ltd's LNG terminals in the eastern province of Fujian and in Shanghai, which are expected to be operational in 2009


Sovcomflot Names New LNG Carrier

SCF Melampus (Photo: Sovcomflot)

Russia’s largest shipping company is continuing to develop its potential in the LNG transportation segment by entering into a new long-term agreement with Royal Dutch Shell.   On December 16, a naming ceremony was held for the LNG carrier SCF Melampus, the third tanker in a series of state-of-the-art vessels to be built under a partnership agreement between Sovcomflot and the shipyard STX Offshore & Shipbuilding


SVEZA OK'd to Supply Plywood for LNG Carriers

GTTs auditor signs of plywood samples for qualification tests. (Photo: Sveza)

SVEZA Ust-Izhora plywood mill recently obtained the GTT (Gaztransport & Technigaz) Approval confirming compliance with specification of containment system for liquefied natural gas carriers. SVEZA Group is a leader in birch plywood production, and it reportedly has become the first Russian domestic producer certified to deliver to LNG-carriers manufacturers. The company's target is to gain at least a 30% share of the market with the estimated annual volume of 60,000 cubic meters of plywood


New ABS Guide Advances Industry FSRU Development

Depiction of the world’s first Floating LNG Liquefaction, Regasification and Storage Unit (FLRSU). FIle Photo: Marinelink

 ABS, a leading provider of classification and technical services to the marine and offshore industries, has published the ABS Guide for Building and Classing LNG Regasification Vessels, outlining guidance for classing LNG regasification vessels.   “ABS has developed this industry-leading guidance based on extensive experience with the classification of LNG carriers,” says ABS Chairman, President and CEO Christopher J. Wiernicki


Dynagas Closes USD 480mln Term Loan B

Photo: Dynagas

 Dynagas LNG Partners, an international owner and operator of liquefied natural gas (LNG) carriers, announced  the closing of a USD 480 million Senior Secured Term Loan B facility (the "Term Loan B") by its wholly-owned subsidiary, Arctic LNG Carriers Ltd.  


Samsung Heavy Bags Order for 2 LNG Carriers

Photo: Samsung Heavy Industries

 South Korea’s Samsung Heavy Industries (SHI) has won a $100 million order to build two liquefied natural gas (LNG) carriers for Korea Line, reports Yohnap.   Korea Gas Corp. (KOGAS) has chartered Korea Line to transport LNG from Tongyeong


Skangas Names LNG Bunker Supply Ship Coralius

Photo: Skangas

 Coralius, the first European built LNG bunker and distribution vessel was named Monday, May 22, by Johanna Lamminen, Chair of the Board of Skangas and Chief Executive Officer of Gasum.    The 5,800 cbm vessel was commissioned by owners Anthony Veder and Sirius Shipping in 2015


Stolt-Nielsen Orders Small LNG Carriers

Stolt-Nielsen Limited subsidiary Stolt-Nielsen Gas B.V. (SNG) has contracted with Keppel Singmarine for the construction of two 7,500 cbm liquefied natural gas (LNG) carriers, with options to purchase three additional similar ships.  


ABS Published FSRU Development Guidance

ABS has published the ABS Guide for Building and Classing LNG Regasification Vessels, outlining guidance for classing LNG regasification vessels.   “ABS has developed this industry-leading guidance based on extensive experience with the classification of LNG carriers


ABS Concept Approval Advances LNG as Fuel

Photo: ABS

ABS has granted a Certificate of General Design Approval (GDA) for an IMO Type B LNG fuel tank design developed by Hyundai Heavy Industries (HHI) of South Korea.   HHI’s fuel tank design was conceptualized and developed to minimize the loss of cargo space and effectively use


Wärtsilä to Provide Solutions for Höegh FSRU, LNG Vessels

The new 170,000 m3 LNG carrier vessels being built for Höegh LNG will feature the latest Wärtsilä regasification technology, Wärtsilä dual-fuel engines and a technical management agreement. (Photo: Wärtsilä)

The technology group Wärtsilä has been contracted to provide both equipment and maintenance for FSRU and LNG carrier vessels of Norway based operator, Höegh LNG. The orders were booked in the first quarter of 2017.   Two new 170


DSME, DNV GL Partner for Efficient LNG Carrier Design

Johan Petter Tutturen, DNV GL – Maritime Business Director Gas Carriers.  (Photo: DNV GL)

At the Gastech 2017 conference in Tokyo, Japan, DSME and DNV GL presented the results of a joint development project (JDP) for the design of an innovative, efficient LNG carrier based on today’s technology.   The project focused on delivering a design which an owner can take straight


LNG Carrier Gaselys Repair Work Complete

Photo: Damen

Damen Shiprepair Brest (DSBr) has completed a renewal survey maintenance program on the 290-meter LNG carrier Gaselys.   Co-owned by NYK Line of Japan and ENGIE (formerly GDF SUEZ), operated by Gazocean and chartered by ENGIE, the 10-year old vessel came into DSBr for a regular periodical


LNG Innovation: Wison's LNG Distributor

Image: Wison

The Wison-LNG-Distributor (LNGD) is a new multi-functional carrier with scalable capacity between 5000 to 20,000 cu. m. Wison-LNGD integrates the functions of LNG loading, bunkering and container delivery, which could make regional LNG redistribution more affordable and efficient.  


MISC Signs up Entire LNG Fleet for ECDIS Training

Photo: MISC Berhad

MISC Berhad has chosen eMaritime Group's ACAT online courses as its ECDIS type specific continuous personal development training solution. The agreement has enabled MISC to sign up its entire fleet of liquefied natural gas (LNG) carriers while being able to effortlessly monitor all students


‘Natural Gas Operating Fleet’ Concept Receives AiP

Sanjay Verma, Wärtsilä; Jim Smith, Lloyds Register; and Zhao Zhijian, CHI with the Natural Gas Operating Fleet concepts AiP Certification (Photo: Wärtsilä)

Wärtsilä and COSCO shipping Heavy Industry Co (CHI) have announced the joint development of a natural gas operating fleet concept, and this design has now obtained Lloyd's Register's (LR) Approval in Principle (AiP) certificate. The development project was carried out under the terms of


Daewoo Shipbuilding books first Quarterly Profit in 4 years

File Image (CREDIT: AdobeStock / (c) Burnel11)

South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd posted its first quarterly profit in more than four years on Thursday, as on-time delivery of higher-margin vessels as well as cost-cutting measures helped the bottom line.  


Changing the Landscape of LNG Production

PFLNG Satu (Photo: © TechnipFMC plc.)

Successful completion of the Petronas Floating LNG facility (PFLNG) Satu is a milestone for the oil and gas industry and for the Malaysian energy giant.   Designed by consortium leader TechnipFMC and fabricated at the Daewoo Shipbuilding and Marine Engineering yard in South Korea


ABS, DSME Pact on Novel FLNG Concept

LNG·LPG carriers. Photo: Daewoo Shipbuilding and Marine Engineering

 ABS signed an agreement with Daewoo Shipbuilding and Marine Engineering Co. (DSME) to support safety and apply class guidance to a conceptual Floating Liquefied Natural Gas (FLNG) unit.     “We are pleased to sign this agreement and work with DSME to support new innovations






 
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