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Lng Carriers News

15 May 2024

MOL Names LNG Carrier Newbuilding Greenergy Ocean

The Greenergy Ocean (Credit: MOL)

Mitsui O.S.K. Lines has named a newbuilding LNG carrier, which will serve China National Offshore Oil Corporation (CNOOC), the Greenergy Ocean.The Greenergy Ocean is the first vessel to be launched under a long-term charter contract for six newbuilding LNG carriers for CNOOC signed in January 2022.The vessel is 299 meters long, with the breadth of 46.4 meters and draft of 11.5 meters.It features a membrane type tank of 174,000m3.After delivery at the end of May, the vessel will transport LNG procured by the CNOOC Group from all over the world…

29 Apr 2024

QatarEnergy Places $6B Order for 18 LNG Vessels to China’s CSSC

(Credit: QatarEnergy)

QatarEnergy has signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of 18 ultra-modern QC-Max size LNG vessels, marking a significant addition to its LNG fleet expansion program.The new vessels, with a capacity of 271,000 cubic meters each, will be constructed at China’s Hudong-Zhonghua Shipyard, a CSSC wholly-owned subsidiary, and will feature state of the art technological innovation and environmental performance.Eight of the 18 QC-Max size LNG vessels will be delivered in 2028 and 2029…

18 Apr 2024

Stena Bulk Sells LNG Carrier Stena Blue Sky

(Photo: Stena Bulk)

Tanker shipping company Stena Bulk on Thursday announced the sale of the liquefied natural gas (LNG) carrier vessel Stena Blue Sky to an undisclosed Asian buyer.The sale of Stena Blue Sky follows the recent announcement that Stena Bulk had sold two LNG carriers to BW LNG.The successful transfer of Stena Blue Sky has already taken place. The vessel was delivered on April 18 in Singapore.Originally built in 2006 by Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea, Stena Blue Sky has a carrying capacity 145…

17 Apr 2024

GTT Books Tank Design Order for Eight New LNG Carriers

 © donvictori0 / Adobe Stock

French engineering company GTT has received an order from an Asian shipyard for the tank design of eight new Liquefied Natural Gas Carriers (LNGCs).The order, booked in the second quarter of 2024, is on behalf of a Middle Eastern ship-owner.GTT will design the tanks of these eight vessels, which will each offer a capacity of 174,000 m3.The tanks will be fitted with a membrane containment system from the NO96 series developed by GTT.NO96 technology is a cryogenic liner used to contain liquefied gas at low temperatures during shipping, onshore and offshore storage, at atmospheric pressure.

24 Mar 2024

QatarEnergy Charters 25 Nakilat LNG Carriers

Source: Nakilat

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…

05 Mar 2024

MOL Signs Long-Term Charter with Tokyo Gas for LNG Carrier Newbuilding

Illustration (Credit: MOL)

Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with Tokyo LNG Tanker (TLT), a wholly-owned subsidiary of Tokyo Gas.This is the eighth contract, following a time charter contract for seven LNG carriers that were signed for TLT.The 174,000-cbm ship will be 294.9 meters long, with the bread of 46.4 meters.The vessel will be built at the Geoje Shipyard of Hanwha Ocean in South Korea, and is scheduled for delivery in 2026.It will be…

14 Feb 2024

Seatrium Renews Exclusive Deal with Gaslog and Shell for LGN Carrier Repairs

(Credit: Seatrium)

Singapore-based Seatrium has renewed its long-term favored customer contract (FCC) with GasLog LNG Services and Shell International Trading and Shipping Company (STASCO) to provide ship repairs, refurbishment and upgrading for their LNG carriers until 2029, with further renewal options.The contract marks a collaborative partnership between Seatrium and these two leading maritime companies with whom the Singaporean group has established a long history of collaboration.The contract involves the repairs…

07 Feb 2024

NYK and JERA Agree Long-Term Charter for New LNG Carrier

Illustration (Credit: NYK)

NYK and JERA have signed a long-term charter contract for a new liquefied natural gas (LNG) carrier to be built in South Korea by Hyundai Samho Heavy Industries.The vessel will be delivered in 2027 and will be used to transport LNG for JERA. The contract is expected to contribute to the stable supply of LNG in partnership with JERA and strengthen and promote NYK’s LNG business as a core business of the company.The vessel will be equipped with a next-generation X-DF2.2 iCER dual-fuel…

06 Feb 2024

DNV Confirms Energy Efficiency Gains for LNG Carries with DFE+ Propulsion

ABB dual-fuel electric propulsion system (Credit: ABB)

New Dual Fuel, Electric+ (DFE+) concept, developed by ABB and MAN Energy Solutions, has been recognized by DNV as a more energy efficient alternative to current conventional designs for liquefied natural gas (LNG) carriers.DNV has quantified the gains that owners of LNG carriers could expect to achieve using the new DFE+ solution and found that it could help LNG carriers boost energy efficiency by up to 7.5%, therefore enabling greater emissions reduction.The number takes into account the smaller machinery space requirements with ‘a conservative estimate’ of 5% greater cargo capacity…

25 Jan 2024

GTT Inks Technical Services Deal for JOVO-Operated LNG Carriers

© vladsv / Adobe Stock

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…

10 Jan 2024

GTT Secures Two New LNG Carriers Tank Design Orders

© vladsv / Adobe Stock

French engineering company GTT has received two orders for the tank design of two new liquefied natural gas carriers (LNGC).The first LNGC will be realized by the South Korean shipyard Hanwha Ocean. The vessel will have a total capacity of 174,000 m3, and will be fitted with the NO96 GW membrane containment system, a technology developed by GTT.The delivery of the vessel is scheduled for the third quarter of 2027, GTT said.The second LNGC will be built by the South Korean shipyard Samsung Heavy Industries.

09 Jan 2024

Nakilat Grows Fleet with Six New LNG and LPG Carriers

(Credit: Nakilat)

Qatar-based energy shipping company Nakilat has placed orders to with Hyundai Samho Heavy Industries (HSHI) of South Korea for the construction of six new LNG and LPG carriers.The order includes two LNG carriers with a cargo capacity of 174,000 cubic meters each and four very large LPG/ammonia gas carriers, with a substantial cargo capacity of 88,000 cubic meters.The vessels are set to be delivered between 2026 and 2027, Nakilat said.Upon delivery, Nakilat's LNG fleet will expand to 71 vessels…

09 Jan 2024

NYK Orders Man Energy Engines for Four LNG Carriers

MAN B&W ME-GA engine (Credit: Man Energy Solutions)

Japanese shipping giant NYK has ordered eight ME-GA engines from Man Energy Solutions for four liquefied natural gas (LNG) carriers.The order is for eight 5G70ME-GA Mk. 10.5 engines related to the construction of four 174,000 cbm. LNG carriers by NYK.All eight engines will feature MAN Energy Solutions’ proprietary EGRBP (Exhaust Gas Recirculation ByPass) emissions-reduction technology.“We developed this engine for easy application to most contemporary LNG carrier designs and, indeed, all ME-GA orders to date have been exclusively for this segment.

25 Dec 2023

SHI Stops Making Blocks for Russian Shipyard's LNG Carriers

© ymgerman / Adobe Stock

Samsung Heavy Industries (SHI) said on Tuesday it has stopped making blocks and equipment for 10 out of 15 Arctic LNG carriers contracted with Zvezda.Samsung has been delivering blocks and equipment for five of them to Zvezda, the Russian shipyard that is assembling the carriers, after receiving South Korean government approval.Samsung is nearing the end of making the blocks and equipment for the five ships, a Samsung spokesperson said on Tuesday.For the remaining 10 ships, Samsung has stopped making the blocks and equipment, but there has been no cancellation of the contract yet, the spokespe

22 Dec 2023

Capital Product Partners Move Forward with $3.1B Acquisition of 11 LNG Carriers

(Credit: Capital Gas)

New York-listed shipowner Capital Product Partners L.P. (CPLP) has closed the umbrella agreement from November 2023, moving forward with the $3.1 billion acquisition of 11 newbuild LNG carrier vessels.CPLP entered into umbrella agreement with Capital Maritime & Trading Corp. and Capital GP on November 13, providing for the acquisition of 11 newbuild liquefied LNG carriers.Upon the closing of the umbrella agreement on Thursday, CPLP entered into 11 share purchase agreements to acquire 100% of the equity interests in each vessel-owning company.Each Vessel will have a capacity of 174…

28 Nov 2023

LNG Carrier Loses Power, Unable to Leave Terminal

Historical image courtesy of Bechtel, designer of the natural gas complex.

Shipments of LNG from Australia Pacific LNG have come to a halt after a loaded tanker docked at the site lost power, operator ConocoPhillips and co-owner Origin Energy said on Tuesday.So far two LNG cargoes have been delayed, and Origin warned "it expected that more LNG cargoes will be deferred", as the stricken vessel was blocking other tankers from entering the facility on Curtis Island off Australia's east coast.APLNG, which has a capacity of 9 million metric tons per annum (mtpa) of LNG…

08 Nov 2023

FOCUS-How Shipping More US Natural Gas to Europe Helped Fuel CO2 Pollution

Credit: alexlmx/AdobeStock

Carbon dioxide emissions from U.S. liquefied natural gas facilities have jumped to 18 million tons per year, up 81% since 2019, adding a volume of greenhouse gas to the atmosphere equivalent to that produced by several big coal plants, according to United States government data.They could more than double to 45 million tons per year by the end of the decade as new facilities, encouraged by soaring overseas demand for the super-cooled fuel, come online, according to company projections provided to the U.S.

06 Nov 2023

Finland Receives LNG Cargo, Books More for the Winter

Credit: Wojciech Wrzesień/AdobeStock

A tanker carrying liquefied natural gas (LNG) docked at Finland's Inkoo terminal on Sunday and has begun unloading, energy company Gasum said on Monday, the second cargo to arrive since the damage last month to a Finnish-Estonian pipeline.The Arctic Princess, carrying natural gas from the Arctic Hammerfest LNG plant, had been expected to arrive at Inkoo during the weekend, shipping data showed on Friday.The delivery amounted to about 400 gigawatt hours of energy, Gasum said."In addition to this delivery, Gasum has reserved three more slots at the Inkoo FSRU for the upcoming winter season.

27 Sep 2023

QatarEnergy Orders 17 Ultra-Modern LNG Carriers for $3.9 Billion

Credit: QatarEnergy

Qatari oil and gas company QatarEnergy has ordered 17 "ultra-modern" LNG carriers from South Korea's HD Hyundai Heavy Industries (HHI).The deal, signed at a ceremony in Seoul, is valued at 14.2 billion Qatari Riyals (currently around $3,9 billion), and marks the start of the second phase of QatarEnergy's LNG ship acquisition program, which will support its expanding LNG production capacity from the North Field LNG expansion and Golden Pass LNG export projects as well as its long…

10 Oct 2023

MOL Establishes Indonesian Manning Company

From left: PT Humpuss Maritim Internasional Tbk. President Director Tirta Hidayat, MOL Managing Executive Officer Kazuya Hamazaki (Source: MOL)

Mitsui O.S.K. Lines (MOL) and PT MCS Internasional (MCSI) have established PT McMOL Crewing International, a new joint-venture LNG carrier manning company. MCSI is part of PT Humpuss Maritim Internasional Tbk. Group in Indonesia.The JV plans to begin operations in April 2024, and will primarily allocate seafarers for the MOL Group's fleet of LNG carriers.In operating vessels transporting LNG, it is essential to recruit, train, and retain top-quality seafarers who are qualified to handle LNG, says MOL.

20 Oct 2023

Elenger to Deliver U.S. LNG Cargo to Finland Amidst Balticconnector Pipeline Crisis

Elenger, part of Estonia's Eesti Gaas, said on Friday it will deliver a cargo of liquefied natural gas (LNG) from the United States to Finland's Inkoo terminal in the second half of November.It was also ready for additional deliveries during the winter season, Elenger added.Finland is reliant on LNG shipments this winter after a gas pipeline connecting it with Estonia ruptured on Oct. 8 and will be out of operation until April at least."Sufficient gas and tankers are available in America and Europe…

04 Oct 2023

Russia's Sovcomflot Transfers Ships to New Management Firm to Boost Trade

Russia's leading tanker group Sovcomflot has transferred dozens of ships into a new Dubai based management company aiming to boost trade through this entity amid growing pressure from financial restrictions, according to maritime industry data and shipping industry sources.State-owned Sovcomflot (SCF) is subject to sanctions and other restrictions by the UK and the European Union, while Washington has restricted its financial activities. Sovcomflot - whose fleet in the region of 80 vessels including crude, oil products and liquefied natural gas tankers - has had to deal with these capital restrictions over the past year. It has also had to rebase its overseas operations from Cyprus to Dubai.Since July…

06 Oct 2023

Hanwha Ocean's 270,000cbm LNG Carrier Earns DNV AiP

 Presentation of the AiP (from left): Jee Hoon Choi (Hanwha Ocean), Haeng Myung Seo (Hanwha Ocean), Seung Han Moon (CTO, Hanwha Ocean), Jong Seo Kim (COO, Hanwha Ocean), Vidar Dolonen (Regional Manager Korea & Japan Maritime, DNV), Andreas Kristoffersen (DNV), Chul Young Kang (DNV), Sun Ku Choi (DNV)
Credit: DNV

South Korea's Hanwha Ocean has received an Approval in Principle (AiP) for an innovative 270,000cbm LNG carrier, the design of which is said to maximize cargo capacity while optimizing vessel performance.The new 345-meter-long LNG carrier by Hanwha Ocean was heralded as a “ground-breaking achievement” by Vidar Dolonen, Regional Manager, Korea & Japan, DNV, when he presented the AiP to Jong Seo Kim, COO of Hanwha Ocean, at Hanwha Ocean’s office in Okpo.The LNG carrier, designed with a breadth (moulded) of 55m and five cargo tanks to minimize sloshing pressure…

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