DW to Present at Upcoming Floating LNG 2014, Houston
Douglas-Westwood (DW) says that its manager in Houston, Andrew B. Meyers will be joining the speakers on the platform at the upcoming 27th-30th October 2014 'Floating LNG Conference' at the Hilton Hotel Greenway Plaza in Houston. DW explain that annually the conference attracts over 140 attendees from the entire FLNG value chain, who gather to hear the latest news and network with leading players in the market. Meyers will be presenting at 9:10 on 29 October, joining the platform of 40+ speakers, discussing, “FLNG To Expedite US Export Of LNG: What Are The Critical Questions To Address?
Hyundai Heavy and GE Partner on GOGES Package
Hyundai Heavy Industries (HHI) has signed an MOU with General Electric Company (GE) to cooperate for the development of GOGES (COmbined Gas turbine Electric and Steam) package for LNG carriers and containerships. The MOU signing ceremony was attended by Choi Kil-seon, chairman and CEO of HHI; Kim Jeong-hwan, COO of HHI’s Shipbuilding Division; Chung Ki-sun, executive vice president of HHI; John Rice, CEO of GE Global Growth & Operations; Tim Schweikert, CEO of GE Marine; Chris Khang, CEO of GE Korea. At the event, the two companies discussed agendas including the technical development progress and economic feasibility of COGES package and joint sales activities at LNG18, an upcoming international LNG conference and exhibition in April in Australia this year.
LR Report: 75 New LNG Ships for the U.S.
Lloyd's Register (LR) released the results of its extensive research into the LNG market. Talking at the LNG conference The role of LNG in North American and Caribbean gas supply in Washington D.C., LR said that between 27 and 75 new LNG ships will be needed to meet the demand for LNG over the next decade in the US market alone. Many factors have been considered by LR in its forecast of the LNG market, including consideration of replacement of ageing existing ships, take-up of excess capacity at existing import terminals and a rash of new import terminal projects that are likely to succeed. The US market finds itself short of energy. Gas is the clean burning fuel-of-choice for the electricity-generating plants mooted for construction in the US over the next decade.
Korea's HHI Shows Diverse LNG Carrier Models at Gastech
Hyundai Heavy Industries (HHI), claimed to be the world’s biggest shipbuilder, and the only one in Korea capable of constructing both Membrane type and Moss type LNG carriers, informs it will exhibit at the upcoming Gastech 2014 show in Gyeonggi Province, South Korea. The shipbuilder says it has taken the lead in introducing cutting-edge LNG-related ships, and developing independent LNG storage system and technology. It will show models of an LNG carrier, an LNG FPSO and an LNG FSRU at the event.
BC Port Vaunted as Future LNG Terminal
Kitsault Energy names Kitsault as an ideal location for a deep-water LNG terminal north of Prince Rupert, British Columbia. Located 800 km (500 miles) north of Vancouver, British Columbia and 140 km (85 miles) north of Prince Rupert, British Columbia, Canada, Kitsault is a purpose-built resource community with complete community infrastructure and housing for more than 1000 residents. With nearly 350 acres of industrial and residential land, full BC Hydro service, and a deep water port…
AtoBviaC's LNG Review Sets New Industry Standards
With two major LNG conferences taking place this week on opposite sides of the world - the third annual LNG Global Congress in London and the World LNG Series Asia Pacific Summit in Singapore - AtoBviaC, the specialist maritime route provider, has carried out a thorough review of all LNG trades to ensure that key ports and vessel manoeuvres in this important sector remain covered. LNG vessels are some of the most expensive in the industry, consistently attracting the highest charter rates…
GofM Energy Hub: LNG Exports to India Planned
United LNG, LP and Petronet LNG Limited, India's largest LNG importer, agree to supply LNG from the Main Pass Energy Hub™ project in the Gulf of Mexico. The (conditional) agreement was signed by Petronet LNG Managing Director & CEO, Dr. A.K. Balyan and Stephen Payne, Chairman & General Partner of United LNG, of the United States, at the LNG 17 Conference held in Houston, Texas. The parties said they would continue working toward a final Sales Purchase Agreement to conclude the purchase and sale by the year's end.
Shell Orders Two LNG Tankers
The gas and power division of Royal Dutch/Shell ordered two additional liquefied natural gas (LNG) carriers to support its growing global LNG business. Shell International Gas Limited ordered a membrane-type carrier from South Korea's Daewoo Shipbuilding & Marine Engineering and a moss spherical tank carrier from Japan's Mitsubishi Heavy Industries. Shell did not disclose the price for the orders, but industry sources said the market level for a typical LNG carrier was around $175 million. The two new vessels have been secured against the background of a growing portfolio of Shell LNG projects around the world which require shipping capacity and will help supply growing demand for LNG.
Market Report: Long-Term Healthy LNG Ship Demand
The healthy LNG ship newbuilding orderbook is likely to continue through to the end of this decade. An additional 50 new ships will be required for delivery in-service within the next 10 years provided LNG growth continues at eight percent. This was amongst one of a number of detailed conclusions from recent research into LNG ship supply and demand, the results of which were presented recently at the North American LNG conference in Houston by Graham Marshall, V.P. Marine Support, Lloyd's Register Americas Inc. There are a welter of new liquefaction and re-gasification projects worldwide. Of course not all will come to fruition. Figure 1 shows the most likely worldwide growth of LNG import capacity over the next 10 years. In the Americas the U.S.
The integration of RasGas with Qatargas will enable the world’s largest LNG exporter to save QR2bn ($550 million) a year, Qatar Petroleum (QP), the state-owned energy giant, announced. Saad Sherida Al-Kaabi, President & CEO of Qatar Petroleum made the announcement in a press conference held at QP headquarters in the presence of representatives of ExxonMobil, Total, ConocoPhillips, and Shell - the main international shareholders in both companies. Al-Kaabi said “Our aim was to…
Elengy LNG Trans-Shipment at Montoir-de-Bretagne
Elengy, a unit of the French energy company and LNG player Engie, said that the LNG receiving terminal in Montoir-de-Bretagne, managed by the company, has just performed a new generation LNG transshipment. The ice-class LNG carrier Fedor Litke (170 000 cm capacity) has delivered to the LNG Jurojin (155 000 cm capacity) an LNG cargo the size of the yearly gas consumption of a city like Nantes. This was done safely during an twin call thanks l. The LNG was transferred through the cryogenic pipelines linking directly the two berths, without going through the terminal’s tanks.
Gas Natural Fenosa, Baleària Sign LNG Bunkering Deal
Spanish liquefied natural gas (LNG) operator Gas Natural Fenosa signed an exclusive 10-year LNG supply deal with Spanish ferry operator Baleària. According to the company release, the supply contract will initially apply to the ports of Barcelona, Valencia and Algeciras, then extended to all the peninsular ports operated by the shipping company together with the entire new fleet powered by this fuel committed to using LNG as an ecological fuel. The president of Baleària, Adolfo Utor…
Socgen Joins SEA\LNG
French multinational banking and financial services company Societe Generale (Socgen) has joined SEA\LNG, the industry coalition promoting the use of liquefied natural gas (LNG) as a marine fuel. The bank is the first financial institution to join SEA\LNG. Joining a growing band of industry leaders from across the LNG value chain, Societe Generale brings an essential financial perspective to the group which aims to accelerate the uptake of LNG as a marine fuel. Paul Taylor, Global Head of Shipping Finance…
DNV GL Approves Kongsberg Engine Room Simulators
Kongsberg Digital has received DNV-GL statements of compliance for two of its newest Engine Room Simulator models designed to provide in-depth training on the K-Sim Engine simulator platform. The DNV GL-ST-033 March 2017 Maritime Simulator Systems certification, which is based on the requirements of STCW Convention, Regulation I/12, was awarded to the DEDF Cruise Ferry and L11 MAN 6S70 ME SCC K-Sim Engine models in December 2017. Now commercially available to all K-Sim Engine users…
LNG Focus at 2013 Fleet Optimization Conference
The practical challenges of using Liquefied Natural Gas (LNG) as a marine fuel will be a major theme of the 2013 SHIPPINGInsight Fleet Optimization Conference, Oct. 22-24 at the Sheraton Stamford Hotel in Stamford, Conn. “A number of major shipping companies are placing orders for new LNG-powered ships and others are considering converting their existing ships to run on LNG,” said Frank Soccoli, coproducer, SHIPPINGInsight. Given the intense industry focus on the potential benefits of converting to LNG, a dedicated LNG workshop is being added this year.
Schulte Group Buys LNG Specialist PRONAV
Hamburg shipowning and management group Bernhard Schulte has signed a contract for the acquisition of 100% of the shares in the prestigious LNG ship manager PRONAV - subject to merger approval of the German Federal Cartel Office (Bundeskartellamt). The worldwide operating Schulte Group owns about 100 vessels (mainly container, tanker, bulker) and manages 600 vessels in all segments. PRONAV, based in Hamburg, is an internationally renowned ship manager specialized in large LNG tonnage.
U.S.-bound LNG Tanker with Russian LNG Diverted
A liquefied natural gas (LNG) tanker probably carrying some supply from a Russian export project has been diverted from the United States, ship-tracking data shows. Engie's Gaselys LNG tanker was diverted on Friday from the Everett terminal in Boston, Massachusetts, where gas prices have tapered off since spiking during a cold snap. The vessel picked up the cargo from storage tanks at Britain's Isle of Grain import terminal in early January. The delivery to the United States was unusual because the LNG at Isle of Grain's tanks also contained some supply from Russia's new Yamal export plant.
Pertamina Delivers First LNG Cargo to Nusantara FSRU
Indonesia's government controlled PT Pertamina said that the first LNG cargo produced with the gas sourced at the field has been delivered to the Nusantara Regas’ Nusantara FSRU in the Jakarta Bay. The shipment is the first LNG cargo since the official PHM became the operator of the Mahakam block as of January 1, 2018. The LNG gas cargo of 2 million per million british thermal units (MMBTU) is delivered to Nusantara Regas One's floating storage and regasification units (FSRU) in Jakarta Bay. The LNG Carrier Aquarius ship carried the LNG gas cargo on Thursday, (4/1).
Port of Rotterdam: 2017 in Review
Over the past year, 29,646 seagoing vessels entered the port of Rotterdam, up more than 600 from 2016's 29,022. The number of incidents in the port fell from 159 to 129, and included one ‘serious accident’ involving an inland vessel that went adrift after hitting a groyne with its rudder. According to National Harbour Master René de Vries, the decrease in the number of minor incidents can be explained by the Port Authority’s investments in infrastructure in recent years: “Thanks to the new buoy configurations and dolphins…
Edward Scott to Keynote LNG Symposium at SHIPPINGInsight
Edward Scott, chief operating officer of Excelerate Energy, will deliver the keynote address at the SHIPPINGInsight 2014 Marine LNG Symposium, Sept. 30 in Stamford, Conn. The Marine LNG Symposium is a forum dedicated to all aspects of conversion to LNG as a marine fuel. The full day of discussion immediately precedes the two-day SHIPPINGInsight Fleet Optimization Conference & Exhibition, Oct. 1-2. Scott’s topic – “LNG–New Reality or Simple Evolution” – will set the stage for the symposium…
Wilson, Watson to Keynote SHIPPINGInsight 2014
Maritime industry executives Captain Michael Wilson and Jim Watson are keynote speakers for SHIPPINGInsight 2014, North America’s premier maritime industry technical forum, Sept. 30 through Oct. 2, 2014 in Stamford, Conn., at the Sheraton Stamford Hotel. Wilson, president of Laurin Maritime (Americas) Inc. and chief operating officer of Laurin Maritime, and Watson, president and chief operating officer of ABS Americas, will be the lead speakers at SHIPPINGInsight’s Fleet Optimization Conference & Exhibition on Oct. 1 and 2.
LNG: Economics and Technology for North America
Strategic Research Institute will be conducting its third annual LNG: Economics and Technology conference on January 28 & 29 in Houston, Texas. The conference will provide the latest information and discoveries in the LNG industry. Featured at the event will be presentations focusing on LNG in North America. These talks will include case studies, technical and legal presentations from qualified companies such as BP, ChevronTexaco, ConocoPhillips, King and Spalding LLP and Marathon Oil.
SHIPPINGInsight Open for Online Registration
Online registration is now open for SHIPPINGInsight 2014, North America’s premier maritime industry technical forum, scheduled for Sept. 30 - Oct. 2, 2014 at the Sheraton Hotel in Stamford, Conn. Now entering its third year, SHIPPINGInsight brings together senior executives from shipowners, ship managers, classification societies, regulatory bodies, consultancies and suppliers for three days of discussions on the issues facing today’s shipping fleet operators. SHIPPINGInsight 2014 will consist of two events – a one-day dedicated Marine LNG Symposium followed by the two-day Fleet Optimization Conference & Exhibition. Delegates may register for either event or take advantage of a combination discount by registering for both.