Gas Carrier News

10 Mar 2020

KR Grants AIP to HHI for LNG Dual-fuel Car Carriers

Representatives from KR and HHI at the AIP presentation ceremony (Photo: KR)

The Korean Register has granted approval in principle (AIP) to verify the suitability of a liquefied natural gas (LNG) dual fuel propulsion car carrier developed by Hyundai Heavy Industries (HHI). The AIP covers two pure car and truck carrier (PCTC) vessels with a respective capacity of 7,000 car equivalent units (CEU) and 8,100 CEU.Both vessels are equipped with International Maritime Organization (IMO) type C tanks which are independent self-supporting LNG fuel tanks. The two…

25 Feb 2020

KSS Line Orders 5th VLGC at HHI

Image: KSS Line

South Korean shipping company KSS Line placed an order for the construction of a new class 84,000 cbm Very Large Gas Carrier (VLGC) at compatriot Hyundai Heavy Industries (HHI).According to a statement from the marine transportation business company, this is the fifth VLGC order at the yard. All five VLGCs are scheduled for delivery in 2021."In 2021, when five new VLGCs, including the new vessels, are delivered, sales are expected to exceed KRW 300 billion and continue to grow…

21 Feb 2020

Wärtsilä's LFSS Undergoes Engine Testing

Photo: Wärtsilä

Wärtsilä’s liquefied petroleum gas (LPG) Fuel Supply System (LFSS) has completed full scale testing with a full sized two-stroke marine engine burning LPG as fuel. This was the world’s first such testing protocol, according to Wärtsilä.It was initially decided to retrofit the Wärtsilä LFSS to four very large gas carrier (VLGC) vessels owned by Oslo-listed BW LPG. However, following the tests, in which the performance exceeded expectations, BW LPG decided to exercise their option to retrofit an additional four vessels, making a total of eight ships to benefit from this technology.

19 Feb 2020

Chevron Marine Publishes New White Paper

Chevron Marine's recent work with dual-fuel four-stroke engines highlights a practical approach to these challenges  (Photo: Chevron)

Lubricating duel-fuel auxiliary engines: a practical approachChevron Marine has released the latest in a series of white papers focusing on innovations and developments impacting the fast-changing shipping industry.Click Here to Download the Whitepaper.‘Lubricating dual-fuel auxiliary engines: a practical approach’ explores the unique challenge of using engines that run regularly on either fuel oils or LNG. Around three quarters of ships using LNG as fuel have dual-fuel, four-stroke engines.

18 Feb 2020

GTT Wins 2 LNG Tank Design Orders from Hyundai

Image: GTT

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…

08 Dec 2019

AiP for 25000TEU LNG-Fueled Box Ship Design

Knut Ørbeck-Nilssen (7th from left), CEO DNV GL – Maritime, presented the certificate to Chen Jun, President of Hudong-Zhonghua (6th from left), at the CSSC booth in Shanghai. The witnesses included Chen Jianliang, Hudong-Zhonghua Chairman (8th from left), and Norbert Kray, DNV GL – Maritime Regional Manager for Greater China (9th from left), alongside executive members from both companies. Photo: DNV GL

The  international accredited registrar and classification society DNV GL awarded an Approval in Principle (AiP) certificate to Hudong-Zhonghua for its new gas-fueled 25000TEU Ultra Large Container vessel (ULCS) design.The AiP is for a design that would be the largest containership in the world.Knut Ørbeck-Nilssen, CEO DNV GL – Maritime, presented the certificate to Chen Jun, President of Hudong-Zhonghua, at the CSSC booth in Shanghai. The ceremony was witnessed by Chen Jianliang…

22 Nov 2019

Waterborne LPG Trade Reaches 28.2MT

Pic: BW LPG

Global waterborne LPG trade reached 28.2 million tons, 14.1% growth year over year, said Singapore-headquartered BW LPG.Global LPG trade continues to be driven by the U.S. waterborne LPG exports which grew to 10.5 million tons, up 21.8% year over year, said the  owner and operator of LPG vessels.Middle Eastern exports were down marginally by 0.6% year over year to 10.2 million tons. Exports from both Saudi Arabia and Iran fell; the decreased volumes were offset by increased exports from U.A.E and Qatar.In Q3, the increasing LPG export volumes were absorbed by Southeast Asia, Japan and Europe.

01 Nov 2019

VLGC Orderbook Stands at 13% of Global Fleet

The Very Large Gas Carrier (VLGC) order-book stands at approximately 13% of the current global fleet during third quarter of 2019, said Dorian LPG, the owner and operator of VLGCs.An additional 36 VLGCs, equivalent to approximately 3.0 million cbm of carrying capacity, are expected to be added to the global fleet by calendar year-end 2021. The average age of the global fleet is now approximately 9.4 years old.A continuation of the favorable commodity price environment, the ongoing increase in secular demand for LPG as a more environmentally friendly alternative to other forms of energy and forecast high levels of U.S. exports as evidenced…

23 Oct 2019

VLGC for Astomos Energy Named

Photo: NYK Group

A naming ceremony was held in Kumamoto Prefecture at the Ariake Shipyard of Japan Marine United Corporation for a new VLGC (very large gas carrier) that NYK will charter under a long-term contract to Astomos Energy Corporation,  pre-eminent liquefied petroleum gas (LPG) company.The ship was named “Lily Promenade” by Kazuhisa Otsuka, senior operating officer of Astomos Energy Corporation, and the ceremonial rope holding the vessel in place was cut by Mariko Kurokawa of Astomos.

18 Oct 2019

LR Grants Jiangnan AiP for VLGC Design

(Photo: Lloyd's Register)

Classification society Lloyd's Register has awarded Chinese shipbuilder Jiangnan Shipyard (Group) Co., Ltd with Approval in Principle (AiP) for its 91,000-cubic-meter very large gas carrier (VLGC).The design, named “Panda 91T”, includes an liquefied petroleum gas (LPG) dual-fueled main engine and relevant fuel gas system, as well as an optional air lubrication system and the Energy Efficiency Design Index (EEDI) is approximately 40% lower than the base value, improving the efficiency…

16 Oct 2019

US-flagged LNG Bunker Barge Launched

The Q-LNG 4000 bunker barge was launched by builder VT Halter Marine (Photo: VT Halter Marine)

America’s first offshore liquefied natural gas (LNG) barge has been launched for owner Q-LNG Transport, Mississippi shipbuilder VT Halter Marine announced on Wednesday.The Q-LNG 4000 barge, designed to carry 4,000 cubic meters of LNG, with dimensions of 324’ x 64’ x 32’.6”, will be operated as part of an articulated tug and barge (ATB) unit designed to meet the requirements of American Bureau of Shipbuilding (ABS) and the International Gas Carrier code as an LNG bunkering barge.Its tug, the Q-Ocean Services, is scheduled to launch late October.

10 Oct 2019

Ocean Yield Buys Ethylene Gas Carrier

Image: Ocean Yield ASA

Norwegian shipowner Ocean Yield ASA has agreed to acquire Navigator Aurora, a 37,300 cbm ethylene gas carrier owned by Navigator Gas.According to agreement, the ship will be purchased for a total consideration of USD 69.75 million net of a seller’s credit, with a 13-year bareboat charter to a company 100% owned and guaranteed by Navigator Holdings - Navigator Gas.The vessel is expected to be delivered to the Company during October 2019. Navigator Gas has certain options to acquire the vessel during the charter period.

01 Oct 2019

VT Halter, Q-LNG Name First LNG ATB

Members of the U.S. Navy Seabees Color Guard present colors at the Q-LNG 4000 naming ceremony at VT Halter Marine (Photo: VT Halter Marine)

VT Halter Marine, Inc., a ST Engineering North America company, held a vessel naming ceremony for America’s first offshore Liquefied Natural Gas Articulated Tug and Barge (LNG ATB) unit.The Q-LNG 4000 (barge) and the Q-Ocean Services (tug) were officially named in a ceremony that included U.S. Senator Roger Wicker, U.S. Senator Cindy Hyde-Smith and U.S. Rep. Steven Palazzo, along with Shane Guidry, CEO of Q-LNG, and Tom Vecchiolla, President and CEO of ST Engineering North America.Over the last four years…

18 Sep 2019

ABS Issues AIP for Jiangnan for VLGC, VLEC Design

Left to Right: Jiangnan Chief of Global Technology Hu Keyi and ABS VP of Global Gas Patrick Jansenns. Photo: ABS

The class organization American Bureau of Shipping (ABS) has granted the approval in principle (AIP) for the LNG Jumbo, two next generation gas carrier designs from the Chinese Jiangnan Shipyard Group.ABS granted AIP for a 91,000m3 Very Large Gas Carrier (VLGC) Panda 91T design and for the “BrilliancE”, a new 99,000 m3 Type B Very Large Ethane Carrier (VLEC) Bluebonnet design.“ABS is proud to support the pioneering work of Jiangnan in the design and delivery of gas carriers. By awarding this AIP…

18 Sep 2019

AEC Collaborates with ABS for ULEC

ABS VP of Global Gas Patrick Jansenns and John Houghtaling, CEO of AEC. Photo: ABS

American Ethane Company (AEC) is collaborating with ABS, the global provider of classification and technical advisory services to the marine and offshore industries, on a next generation fleet of Ultra Large Ethane Carriers (ULEC).ABS is actively supporting AEC and its shipping project partners, who will build, own and operate a fleet of ULECs to transport 7.2 MTPA of US ethane to China.“ABS is a world leader in the classification of gas carriers and classes the majority of the large ethane carriers built to date…

17 Sep 2019

ABS, SHI to Develop Next Generation LNG Carrier

Photo: ABS

ABS, the global provider of classification and technical advisory services to the marine and offshore industries, announced that it is collaborating with South Korean shipbuilder Samsung Heavy Industries (SHI) on a next generation LNG carrier in a joint development project (JDP) signed today at Gastech 2019.“ABS is a leader in gas carriers with a proud record of supporting innovation, delivering operational efficiencies and advancing the cause of safety. This exciting project with SHI for a state-of-the-art vessel represents the next step in that journey…

09 Sep 2019

Epic Gas Refinances Two LPG Tankers

Image: Epic Gas

Singapore-based gas carrier owner and operator Epic Gas has completed the refinancing of two 2010-built liquefied petroleum gas (LPG) tankers.The  two ships – the Epic Bali and Epic Borneo (each 2010 built, 7200 cbm) - were both in a finance lease structure and Epic Gas exercised a purchase option to refinance the vessels through a sale and lease back transaction with a Japanese ship owner, a press release from the fully pressurized gas carriers providing seaborne services for the transportation of LPG and petrochemicals.The bareboat charter back term is 10 years…

08 Sep 2019

Exmar Expects Two VLGCs Delivery in 2021

Pic: Exmar

Belgium-based floating assets specialist Exmar said that it  has two newbuild 88,000 m³  Very Large Gas Carriers (VLGC) on order at Jiangnan Shipyard (China) which will use LPG as a fuel marking a new era for the Company and the industry.Both vessels are committed to a long-term charter with Equinor after delivery in 2021, said the provider of floating solutions for the operation, transportation and transformation of gas.Currently, Exmar controls one chartered vessel in this segment, the 83,300 m³ BW TOKYO that is chartered to Trafigura until the fourth quarter of 2019.

26 Aug 2019

Shipyard Focus: "Green Refits" Drive N-KOM

FSRU Repair @ N-KOM. Photo: N-KOM

Since it was founded, Nakilat – Keppel Offshore & Marine Ltd. (N-KOM) has completed almost 1,000 marine and offshore projects, with a significant number of drydocking and repairs undertaken for various types of vessels including LNGc, LPGc, VLCCs, oil/chemical tankers, cargo ships, dredgers, offshore support vessels, to name a few.The shipyard’s facilities include three VLCC sized docks (two graving docks and one floating dock), berthing capacity of 3,150 meters, specialized workshops and cryogenic cleanrooms…

02 Aug 2019

GasLog Adds New LNGC from SHI

Image: GasLog

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…

15 Jul 2019

ABS, MOL in Landmark Gas Carrier Pact

Photo courtesy of ABS

ABS and Mitsui O.S.K. Lines Ltd. (MOL) have signed a Memorandum of Understanding (MOU) to collaborate on up to 14 new gas carriers.The agreement covers seven new-build Very Large Ethane Carriers (VLEC) and up to seven new-build Liquefied Natural Gas Carriers (LNGC) designed to carry gas from the U.S. to China and other global markets.ABS will provide plan review, survey, inspection and other classification services for vessels, machinery and equipment as well as assist with managing the requirements for foreign flag carriers calling at U.S.

15 Jul 2019

ClassNK Certification for SMARTSHIP

Captain Rajesh Unni, Co-CEO of AOT and CEO and Founder of leading Singapore-based shipmanager Synergy Group (Photo: Synergy)

ClassNK  confirmed type approval certification for SMARTShip, a patented digital shipping solution developed by Alpha Ori Technologies (AOT).SMARTShip, an Internet of Things (IoT) platform that enables the onboard operation of multiple systems with varying degrees of autonomy, has already been installed on more than 30 vessels, with another 60 ships are at various stages of the set-up process.ClassNK’s certification for SMARTShip approves the solution as a ‘Computer Based System’ which conforms to the Class Society’s rules governing a product performing ‘Remote Monitoring and Diagnostics’…

19 May 2019

VLGC Freight Rates Recover

Pic: BW LPG

The Very Large Gas Carrier (VLGC) freight rates started to recover towards the end of the first quarter as U.S. consumption reverted to seasonally lower levels pushing U.S. LPG prices down, widening the geographical LPG price arbitrage between the U.S. and the Far East.According to BW LPG, the owner and operator of liquid petroleum gas (LPG) vessels,  the recovery in VLGC freight rates was further strengthened by two occasions of fog and a temporary closure of the Houston Ship…

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