Maran Gas News

A tanker carrying liquefied natural gas (LNG) arrived at Finland's Inkoo terminal on Tuesday, vessel tracking data showed, the first such cargo to appear following the Oct. 8 outage of a Finnish-Estonian gas pipeline.The Maran Gas Vergina, carrying U.S. natural gas, docked next to the Exemplar floating storage and regasification unit (FSRU), which was installed late last year to facilitate LNG imports and thus boost Finland's energy security.The cargo belongs to Finnish gas supplier Gasum…

Chevron said on Monday full production had resumed at its strike-hit Wheatstone liquefied natural gas (LNG) facility in Western Australia after a fault last week cut production by about one-fifth.Wheatstone and the nearby Gorgon facility account for over 5% of global LNG supply, and the fault and the strikes did not affect scheduled deliveries, Chevron said, with shipping data on LSEG Eikon also showing exports from Wheatstone were unaffected.Chevron said on Monday full production…

Ship classification organization ABS said Tuesday it had joined an elite working group comprised of global maritime leaders to study onboard carbon capture technologies.The collaborative project brings together ABS, Diana Shipping Services S.A., Equinor ASA, GasLog LNG Services Ltd., Maran Gas Maritime Inc., Minerva Gas Inc., Neptune Lines Shipping and Managing Enterprises S.A., Norwegian Maritime Authority (NMA), Prime Tanker Management Inc., Solvang ASA, Springfield Shipping Co.

A coalition of companies including oil major Shell and no. 1 container line MSC on Tuesday launched an initiative to explore ways to cut climate-warming methane emissions from ships, which pose a major risk to industry efforts to go greener.Scientists have warned that countries must make rapid reductions in methane, a far more potent greenhouse gas (GHG) than carbon dioxide, to stave off the worst effects of global warming.Shipping is already grappling with ways to cut CO2 through developing fuels of the future such as ammonia and methanol.As a more immediate solution…

Wärtsilä announce it has signed a renewal of its Optimized Maintenance Agreement with the Greek shipping company Maran Gas Maritime, part of Angelicoussis Shipping Group (ASGL). The new agreement will run for five additional years, and is designed to ensure operational certainty with controlled and predictable costs for Maran Gas’s fleet of 21 TFDE LNG carrier vessels. The signing took place on May 3, 2022.The Maran Gas vessels are all powered by Wärtsilä 50DF dual-fuel engines.

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has delivered the newly built liquefied natural gas (LNG) carrier John A. Angelicoussis to Greek shipowner the Angelicoussis Group.The Greek-flagged vessel, which is named in honor of the company's late founder John A. Angelicoussis, will be operated by Angelicoussis affiliate Maran Gas.The ship has a cargo capacity of 173,400 cubic meters and is propelled by two MAN two-stroke dual-fuel ME-GI engines, featuring a full reliquefication system and equipped with shaft generators and an air lubrication system (ALS).

French engineering firm GTT announced it has received an order from South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) for the tank design of four new liquefied natural gas (LNG) carriers on behalf of the Greek shipowner Maran Gas Maritime.As part of the order, GTT will design the tanks of the vessels which will each offer a capacity of 174,000 m3. The tanks will be fitted with the GTT NO96 GW membrane containment system, a technology developed by GTT.The vessels are scheduled to be delivered in the third and fourth quarters of 2025.

French engineering firm GTT said it has received an order from its partner the South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) for the tank design of two new liquefied natural gas (LNG) carriers on behalf of the Greek ship-owner Maran Gas Maritime.As part of this order, GTT will design the tanks of the vessels which will each offer a capacity of 174,000 cubic meters. The tanks will be fitted with the GTT NO96 GW membrane containment system, a technology developed by GTT.Deliveries of the vessels are scheduled during second half 2024.

South Korean shipbuilding firm Daewoo Shipbuilding and Marine Engineering (DSME) has earlier this month delivered a floating storage regasification unit (FSRU) to Excelerate Energy.The FSRU, named the Excelerate Sequoia, is Excelerate Energy's tenth FSRU vessel. All ten FSRUs were built by DSME.The vessel has a storage capacity of 173,400 cubic meters and is capable of operating as both an FSRU and a fully tradable LNG carrier, Excelerate Energy said. In September of last year, Excelerate and Maran Gas Maritime Inc. (MGM) signed a five-year bareboat charter agreement (BBC) for the FSRU.

The tanker Maran Gas Vergina has arrived in China with the first delivery of U.S. liquefied natural gas (LNG) in 13 months, shipping data showed on Monday.This is the first shipment since March 2019 after a long-standing trade war in which China raised tariffs on LNG imports from the United States to 25% last year.The tanker berthed on Monday in Tianjin, where China National Offshore Oil Corp (CNOOC) and Sinopec operate LNG terminals, ship-tracking data from Refinitiv and data intelligence firm Kpler showed.Aboard is a cargo that loaded at the Freeport LNG plant in Texas.Three more U.S LNG deliveries are expected in China in April and two cargoes are scheduled to be discharged in May…

Excelerate Energy announced it has agreed with partner Engro Elengy Terminal Ltd. (EETL) to expand the EETL liquefied natural gas (LNG) import terminal in Port Qasim, Pakistan.Under the heads of agreement (HOA), Excelerate will exchange its existing floating storage and regasification unit (FSRU) Exquisite with a newbuild FSRU, Hull 2477, which is currently under construction at South Korea's Daewoo Shipbuilding and Marine Engineering (DSME) shipyard and due to be delivered in April 2020.

South Korean shipbuilding major Daewoo Shipbuilding & Marine Engineering Co (DSME) said that it has secured a US$380 million order to build three vessels from Angelicoussis Shipping Group (ASGL), the Greek provider of marine shipping services.DSME will build a liquefied natural gas (LNG) carrier for Maran Gas Maritime Inc. and two very large crude carriers (VLCCs) for Maran Tankers Management Inc.Maran Gas Maritime and Maran Tankers Management are subsidiaries of Angelicoussis Shipping Group.According to a report in Yonhap, the LNG carrier will be guilt by DSME with a capacity of 174,000 cubic meters will be delivered by the first quarter of 2022.Two 318…

The Panama Canal is a strategic crossroads for maritime traffic, and is arguably one of the most important maritime developments in the past century. Here we take a deeper dive into the history behind that famous strip of waterway.The present canal, which saw its first vessel transits in 1914, along with possible alternatives through Nicaragua and Mexico, had actually been on the minds of merchants, explorers and military/political strategists since the Age of Exploration in early 1500’s.

Excelerate Energy and Maran Gas Maritime have signed a five-year bareboat charter agreement (BBC) for the floating storage regasification unit (FSRU) hull 2477.During the five-year BBC Excelerate will have the option to purchase Hull 2477. MGM is currently building Hull 2477 at Daewoo Shipbuilding and Marine Engineering (DSME) shipyard and is scheduled for delivery in April 2020, when the BBC will start.The vessel will have a storage capacity of 173,400 m3 and will be capable of operating as both an FSRU and a fully tradable LNG carrier.Hull 2477 will join Excelerate's existing fleet of nine FSRUs, all built by DSME, and will serve Excelerate's portfolio of regasification customers.

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received a new liquefied natural gas (LNG) carrier order from Maran Gas Maritime, part of Angelicoussis Shipping Group. DSME said that the order from the Greek shipping company is for a 174,000 cbm LNG carrier.The shipbuilder would construct the unit at its Geoje Okpo Shipyard. The new vessel is scheduled for delivery by the fourth quarter of 2021.The vessel will be equipped with DSMEs advanced partial re-liquefaction system (A-PRS).Maran Gas has ordered six out of the seven LNG carriers DSME booked this year.DSME's 2019 order-book currently stands at around USD 3 billion and includes 17 vessels, seven of which are LNG carriers.

French liquefied natural gas containment system specialist GTT has received two orders from the Hyundai group concerning the tank design for two LNG carriers.The French LNG storage specialist said that the two LNGCs will be built in Hyundai Heavy Industries (HHI) and Hyundai Samho Heavy Industries (HSHI) shipyards in Korea.The two LNGCs have a capacity of 180,000 m3, for the first and 174,000 m3, for the second, on behalf of two ship-owners which names remain confidential at this stage.GTT’s Mark III Flex membrane containment system has been selected to equip the tanks of the vessels, the deliveries of which are scheduled between the…

South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has received a contract to build two more liquefied natural gas (LNG) carriers for Greek shipping company Maran Gas Maritime, a unit of Angelicoussis Shipping Group.DSME said that the contract has a value of KRW 419.9 billion (USD 375.2 million).Under the deal with Maran Gas, DSME will build the two 174,000-cubic-meter LNG carriers by the end of 2021, the company said in a statement.Daewoo Shipbuilding has obtained USD1.1 billion worth of orders so far this year to build nine ships, including six oil tankers, it said.Last week, DSME won an order from Maran Gas to build one 174…

French liquefied natural gas containment system specialist Gaztransport & Technigaz (GTT) has received an order, in June, from the Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME).The shipping engineering company said in a press release that the order is concerning the tank design of four new 174,000 m3 liquefied natural gas (LNG) carriers on behalf of the Greek ship-owner Maran Gas.The delivery of the ships is planned between end of 2021 and early 2022, said the release.Philippe Berterottière, Chairman and CEO of GTT said: "We are very pleased to continue our partnership of excellence with DSME and Maran Gas with this considerable new order."Last month, GTT received an order from the Chinese shipyard Jiangnan Shipyard (Group) Co., Ltd.

South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co (DSME) said  that it has secured a deal to build a liquefied natural gas (LNG) carrier from Maran Gas Maritime Inc.DSME is expected to deliver the 174,000-cubic meter LNG ship during the first quarter of 2022 to  Maran Gas, the gas shipping unit of Angelicoussis Shipping Group, said a report by Yonhap.The deal is estimated to be worth some US$188 million, industry sources said. Since 1994, Daewoo Shipbuilding has secured orders from the Greek shipping firm to build a total of 105 ships.So far this year, DSME secured a combined USD 1.3 billion worth of orders. The builder’s 2019 orderbook includes four LNG carriers…

South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co (DSME) said  that it has won a deal to build a liquefied natural gas (LNG) carrier from Maran Gas Maritime (MGM).The affiliate of Greece’s largest shipper, Angelicoussis Shipping Group ordered the 174,000 cbm unit on June 12.According to Yonhap, The vessel will be built at Geoje Okpo Shipyard and is scheduled for delivery by the first half of 2022.The Korean shipbuilder said that Maran Gas Maritime is one of its biggest customers who has ordered five of its six LNG carrier newbuilds this year and is also discussing additional LNG carrier orders.With the order, Daewoo Shipbuilding has achieved 32 percent…

Qatar Gas Transport Company (Nakilat), a shipping and maritime company with the world's largest LNG shipping fleet, reported a 9 percent increase in profit for the first quarter of this year ended March 31, 2019.Nakilat reported a net profit of 236 million Qatari Riyals ($64.8 million) which compares to 217 million Qatari Riyals reported in the corresponding quarter in 2018."This increase was mainly due to the acquisitions of two Liquefied Natural Gas (LNG) carriers and one Floating Storage Regasification Unit (FSRU) in 2018, and higher volume of projects at Nakilat’s ship repair facility. The achievement of positive results across its operations is also attributed to the rationalization of operational expenses and enhanced operational efficiency…

As the clock ticks toward January 1, 2020 and the implementation of strict new emission regulations from the International Maritime Organization, WinGD is reporting a solid order intake for the first quarter of 2020 for their low-pressure, dual-fuel two-stroke engines, powered by a newbuild order spree of LNG carriers specifying WinGD’s XDF engines. In addition, WinGD reports a broadening range of vessel types are selecting dual fuel solutions, including Chemical & Crude Oil Tankers, Asphalt Carriers and Container Feeders.

South Korea’s shipbuilding giant  Daewoo Shipbuilding & Marine Engineering (DSME) has secured an order for a liquefied natural gas (LNG) carrier from Greece-based shipowner.According to Yonhap News Agency the South Korean shipbuilder received an order to build an LNG carrier for Maran Gas Maritime, a unit of the Angelicoussis Shipping Group.The newbuilding - 174,000 cbm ship - is expected to be delivered to its owner by the first half of 2021. The value of the contract has not been disclosed.Daewoo Shipbuilding has obtained US$740 million worth of orders so far this year to build seven ships, including oil tankers, Yonhap said.Daewoo Shipbuilding is aiming to win $8 billion worth of new orders in 2019, up 10 percent from last year's order target of $7.3 billion.