MOL Takes Delivery of LNG Carrier
Mitsui O.S.K Lines Limited (MOL) has taken delivery of the LNG carrier Papua built by Hudong-Zhonghua Shipbuilding Company. The Papua is the first in a series of four vessels to provide LNG transportation for the PNG LNG project in Papua New Guinea and the Gorgon LNG project in Australia. MOL will operate the Papua ship under a long-term charter for the PNG LNG project, which is operated by ExxonMobil. In January 2011, MOL assigned technical experts to the shipyard in China and created a shipbuilding supervision team to ensure the safe and high-quality construction of these LNG carriers. Since then, the company has been actively involved in the project to build these LNG carriers in China, in cooperation with ExxonMobil. The ship was named Papua by the First Lady of Papua New Guinea, Lynda Babao O'Neill, in a naming ceremony at the Hudong shipyard on 8 January. The vessel will be used to transport LNG for China’s Sinopec, and is co-owned by China Shipping and Sinopec. MOL’s strong and successful relationship with its Chinese partners in this project led to an initiative to build a further six new LNG carriers for SINOPEC, in which MOL has participated since April 2013. These ships are now under construction at Hudong. A total of 10 vessels, including the four serving the PNG LNG and Gorgon Jansz projects, will be completed by 2017. Completion of the first vessel marks a significant milestone.
Papua New Guinea Bullish on LNG Potential
A new wave of investments in Papua New Guinea’s energy sector could see some $19 billion of projects launched in the coming years, boosting the country’s liquefied natural gas (LNG) output and providing employment to thousands. France's Total S.A. is progressing work on the Papua LNG Project in Petroleum Retention License (PRL) 15, Papua New Guinea (PNG) and construction of the development is expected to commence in 2018, creating employment for up to 10,000 persons
Hudong-Zhonghua Selected to Build LNG Carriers
Exxon Mobil Corporation (ExxonMobil) and Mitsui O.S.K. Lines, Ltd. (MOL) announced today that they have selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd. (Hudong), a subsidiary of China State Shipbuilding Corporation, to build four LNG carriers in . These carriers will provide LNG transportation from the Papua New Guinea (PNG) and Gorgon Jansz LNG projects and will be jointly owned by MOL and China Shipping (Group) Company (CS).
Kitimat LNG Partners to Purchase Pacific Trail Pipelines Interest
Kitimat LNG partners Apache Canada Ltd. (Apache Canada) and EOG Resources Canada Inc. (EOG Canada) announced that they have agreed to purchase the 50 percent interest in the Pacific Trail Pipelines Limited Partnership (PTPLP) they do not own from Pacific Northern Gas Ltd. (PNG) for $50m. Apache Canada and EOG Canada will pay PNG $30m on closing – expected by the end of February – and a second payment of $20m when the purchasers decide to proceed with construction of the Kitimat
Australia, Papua New Guinea Team-Up to fight illegal fishing
The Australian Border Force (ABF) and the Papua New Guinea (PNG) Defence Force Maritime Element conducted a PNG Government led joint patrol to identify and intercept Vietnamese illegal fishing vessels operating in the vicinity of Budi Budi Island (an Atoll) in Milne Bay. The ABF’s Maritime Border Command (MBC) received a request from the PNG Defence Force Maritime Element for assistance in detecting and intercepting Vietnamese vessels suspected of illegally fishing in PNG waters.
Oversupplied Japanese LNG Players to Sell off Excess Volumes
Asian spot LNG prices extended losses this week as oversupplied Japanese utilities sought to offload cargoes and as key European gas benchmarks softened. Asian prices for LNG delivery in March fell 25 cents to about $7.75 per million British thermal units (mmBtu), traders said, ranging from $8/mmBtu to about $7.60/mmBtu. Prices tailed off even more sharply into April, currently trading at around the $7/mmBtu mark, they said.
LR Wins Landmark LNG Deal
Lloyd’s Register has won the classification contract for four 155,000 cu-m Technigaz Mk III membrane-type LNG carriers, ordered by BP Shipping at Hyundai Heavy Industries (HHI) with a further four options. These ships are the largest LNG carriers ordered to date. The ships are also noteworthy in that they will have dual fuel diesel electric propulsion and will be the first LNG ships with this type of propulsion to be built in Korea
T&T Salvage Aids Charity’s Efforts Against Malaria
A small feeder container vessel ran aground off the coast of Papua New Guinea. A large part of its cargo consisted of 32 containers of mosquito nets owned by international charitable organization the Rotary Club through their subsidiary Rotarians Against Malaria, a not-for-profit Non-Governmental Organization (NGO) engaged in a program aimed at eliminating Malaria in Papua New Guinea by the use of Long Lasting Insecticidal Mosquito Nets (LLIN’s) which are delivered free of charge to
Maersk Line Fast Growing in Pacific
Four years after launching a dedicated service into Papua New Guinea, Maersk Line is one of the key carriers in this fast growing Pacific country, claims Social Media Community of Maersk Line. Papua New Guinea occupies the eastern half of the island of New Guinea and its offshore islands in Melanesia, a region of the southwestern Pacific Ocean north of Australia. One of the most culturally and geographically diverse nations in the world
Qatar Petroleum Delivers 500th LNG Cargo UK
Qatar Petroleum (QP) has announced the delivery of the 500th liquefied natural gas (LNG) cargo from QP affiliate Qatar Liquefied Gas Company (2) to the South Hook LNG Terminal at Milford Haven in the United Kingdom. The landmark delivery, on Thursday March 24th, was made on board the Q-Flex LNG vessel Al-Hamla. Mr. Saad Sherida Al-Kaabi, the President and CEO of Qatar Petroleum, described the delivery as “another significant achievement for Qatar’s LNG
BP’s LNG Carrier Fleet is Growing
BP said it will take delivery of six new, state-of-the-art liquefied natural gas (LNG) tankers in 2018 and 2019 to support its expanding global LNG portfolio. BP’s finance partners KMarin and ICBC Leasing are investing more than $1 billion in the tankers. The vessels will join BP’s exixting fleet to help service a 20-year liquefaction contract with the Freeport LNG facility in Texas, as well as other international LNG projects in BP’s global portfolio.
The Nautical Safety Profile
MARIN is working together with the industry to develop the Nautical Safety Profile for operations and risk management. Liquefied natural gas (LNG) is increasingly being used as an alternative fuel, both at sea and on land, to reduce pollution from transportation. In 2011 the first LNG carrier arrived at the Rotterdam Gate terminal, and last year the terminal was upgraded to facilitate the transfer of LNG to shuttle tankers
Wärtsilä Inks Maintenance Deal with GasLog
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
Nakilat Net Profit Down for the Last Nine Month
Qatar Gas Transport Company (Nakilat), the largest LNG ship owner in the world, concluded its financial results for the nine-month period ended 30 September 2017, with a net profit of QR 607 million compared to QR 749 million of the same period last year in 2016. The lower profit was mainly attributed to the effect of changing the estimated scrap value of vessels in accordance with applicable International Accounting Standards and the lower number of charter hire days in the
Yamal LNG to Ship Two LNG Cargoes in November
The Russian Yamal LNG project will ship the first two cargoes of liquefied natural gas in November, followed by another four in December, Russia's customs service said on Tuesday. The Yamal LNG project is co-owned by local Russian gas producer Novatek, as well as France's Total, China's CNPC and the Silk Road Fund. Reporting by Oksana Kobzeva
Statoil Selects Gas4Sea for LNG Bunkering in Rotterdam
Gas4Sea partners - ENGIE, Mitsubishi Corporation and NYK - have been selected by Norwegian multinational energy group Statoil to be their liquefied natural gas (LNG) marine fuel supplier in the port of Rotterdam, in the Netherlands, for four crude shuttle tankers. The four planned dual fuel vessels are to come into service in early 2020 and will be operated by Statoil in Northern European seas. Gas4Sea will supply LNG using the ENGIE Zeebrugge which started operations earlier
Skangas Delivers Milestone Fuel Change
Skangas said its vessel Coralius has for the first time both cooled down tanks and delivered liquefied natural gas (LNG) in one operation. The receiving vessel LEG/C Navigator Aurora was supplied with just under 500 mt LNG in the middle of a voyage between Sweden and South Europe over October 7 and 8, 2017. Going from using diesel oil to LNG requires time consuming but necessary process of cooling down operation of the receiving ship’s fuel gas tanks from ambient conditions to
Gothenburg Port Extends Discount Period for Vessels
Gothenburg Port Authority has opted to keep the Port Tariff unchanged for the third year in succession. The charges for 2018 will thus be on the same level as 2015. Port charges are levied on all vessels that call at the Port of Gothenburg. The charges are based on vessel type and gross tonnage, and are used to finance a range of activities, including fairway maintenance, traffic information and port safety.
FLNG Hilli Episeyo Departs Singapore Early
Golar LNG Limited said today that its floating liquefied natural gas (FLNG) vessel Hilli Episeyo departed Singapore for Cameroon earlier than anticipated, leaving at 10 a.m. local time on October 12. Hilli Episeyo was scheduled to leave Singapore between October 15 and October 20, but Golar LNG said a decision was made to complete LNG bunkering in Cameroon rather than in Singapore. The voyage to Cameroon is expected to take between 32 and 40 days.
Cheniere Partners Completes Train 4 at the Sabine Pass LNG
Cheniere Energy Partners has announced that Substantial Completion of Train 4 of the Sabine Pass liquefaction project in Cameron Parish, Louisiana (SPL Project) was achieved on October 9, 2017. Commissioning has been completed and Cheniere Partners' EPC partner Bechtel Oil, Gas and Chemicals has turned over care, custody, and control of Train 4 to Cheniere Partners. Under a sale and purchase agreement (SPA) with GAIL (India) Limited
SUNY Maritime College to Host LNG Conference
As demand for liquefied natural gas (LNG) grows, so does the need for LNG carriers. Many shipping companies in recent years have placed orders for LNG ships, and shipyards are busy building them. The maritime industry is also exploring ships powered by natural gas, rather than more traditional sources. To address this topic, SUNY Maritime College will host a conference, LNG: Not just a cargo, on Thursday, November 2
MOL Names Newbuilding LNG Carrier 'Energy Liberty'
Mitsui O.S.K. Lines (MOL) has announced that on October 16, a naming ceremony for a newbuilding LNG carrier, jointly owned by MOL and Tokyo LNG Tanker, was held at the Tsu Shipyard of Japan Marine United Corporation. Among the crowd of well-wishers on hand for the ceremony were Tokyo Gas Co., Ltd. President Michiaki Hirose, who gave the name Energy Liberty to the vessel, after which his wife cut the rope.
Wood Wins LNG Platform FEED Contract
The Honghua Group Limited has awarded a $12 million front-end engineering design (FEED) contract to Wood for its liquefied natural gas (LNG) platform development in the West Delta area of the Gulf of Mexico. The main objective of the FEED is to finalize the design of the world’s first offshore platform-based natural gas liquefaction and storage facility. Wood recently completed the pre-FEED for this project.
Wärtsilä Dual-fuel Engines for LNG Carrier Newbuilds
Wärtsilä, through its joint venture company CSSC Wärtsilä Engine (Shanghai) Co (CWEC), has been contracted to deliver 16 engines for four new LNG carrier vessels being built at the Hudong Zhonghua shipyard in China. The order was booked in August 2017. Each of the four 174,000 m3 capacity vessels will be fitted with four Wärtsilä 34DF dual-fuel generating sets running primarily on LNG fuel to provide the ships with auxiliary power
Dordrecht Inland Seaport to Get LNG Bunker Station
The Port of Rotterdam Authority wants a new multi-fuel bunkering station for refuelling with LNG and other cleaner fuels. The anticipated location of the bunkering station is Krabbegors/Duivelseiland at Dordrecht Inland Seaport. The Port of Rotterdam Authority and PitPoint.LNG have therefore signed a declaration of intent regarding a joint investigation into the construction of such a multi-fuel bunkering station.