Natural Gas News

22 Feb 2019

Crowley Christens LNG-Powered M/V Taíno

The ship, crew, terminal team and Crowley.

Event heralds new era of world-class supply chain service. Crowley Maritime Corp. christened the U.S.-flag combination container/roll on-roll off (ConRo) ship MV Taíno today in San Juan, where the company’s investments have ushered in a new era of world-class supply chain services in the U.S. mainland-Puerto Rico trade. Clara Crowley, daughter of Chairman and CEO Tom Crowley and board member Christine Crowley, served as the ship’s sponsor and broke the ceremonial bottle of champagne on the bow of MV Taíno at the company’s Isla Grande Terminal before several hundred employees…

22 Feb 2019

Repsol Signs Deal for Brittany Ferries' New LNG Ship

Photo: Brittany Ferries

Repsol signs supply deal for Brittany Ferries' new LNG ship* Spanish energy company Repsol has signed an agreement with Brittany Ferries to deliver liquefied natural gas (LNG) to its Spanish operations, it said on Friday.* Under the agreement, Repsol will install a fixed quayside LNG storage and supply system in one of Brittany Ferries’ two Spanish ports - Santander or Bilbao. Repsol will then supply LNG bunker fuel to Brittany Ferries’ new LNG-powered cruise ship Salamanca during…

22 Feb 2019

MHI: LNG Carrier "Marvel Crane" Christened

Marvel Crane (Photo: Mitsubishi Shipbuilding Co., Ltd)

Mitsubishi Shipbuilding held a christening ceremony on February 21 for the next-generation LNG (liquefied natural gas) carrier currently under construction for Mitsui & Co., Ltd.The new ship, named Marvel Crane, is a design that significantly improves both LNG carrying capacity and fuel performance due to the adoption of efficient hull structure and hybrid propulsion system. Completion is scheduled for March 2019, after which the Marvel Crane will be put into service, transporting LNG for the Cameron LNG Project in the U.S., in which Mitsui & Co.

22 Feb 2019

Equinor Sells Natural Gas Worth USD26bln in 2018

Tor Martin Anfinnsen (left), Equinor’s senior vice president for marketing and trading. Irene Rummelhoff (right), Equinor’s executive vice president for marketing, midstream and processing. Photos: Harald Pettersen (left) and Ole Jørgen Bratland,  Equinor.

Norwegian energy company Equinor has announced its 2018 sales of natural gas totalled $26bn, an increase of 29% from 2017.Equinor sold a total of 100 billion cubic metres (bcm) of gas worldwide in 2018. The company is the second-largest gas supplier to Europe, as well as the largest producer of natural gas on the Norwegian Continental Shelf (NCS)."As more countries prepare for the energy transition, Equinor sees strong market opportunities for gas and expects global demand to grow by around 10% towards 2030…

21 Feb 2019

LNG Bunkering Takes Off in Rotterdam

Shell LNG-bunkership Cardissa. Pic: Port of Rotterdam

The throughput of LNG - liquefied natural gas - as bunker fuel in the Rotterdam bunker port increased considerably from 1,500 to 9,500 tonnes in 2018.Meanwhile, the sale of bunker oil - fuel for shipping - in the bunker port decreased from 9.9 million m3 to 9.5 million m3. The decrease can almost entirely be ascribed to the decline in sales of heavy fuel oil from 8.3 million m3 to 7.9 million m3.The Port of Rotterdam Authority suspects that the decline in bunker volumes in Europe’s largest bunker port is a consequence of the increased scale and use of modern vessels in container shipping.

21 Feb 2019

Maritime Challenges: A Time to Act Boldly

Jeff Vogel

Maritime Challenges in the 116th Congress.The 116th Congress, with its now Democrat-controlled House and 110 newly-elected members, faces a choice. On one hand, Congress can continue to pursue the status quo, supporting U.S.-flag vessel operators and domestic port infrastructure development through existing programs, with suboptimal results. On the other, the 116th Congress can choose to be bold. It can recognize that the U.S.-flag fleet, with only 83 vessels operating in international trade, clearly requires new mechanisms of support.

21 Feb 2019

Elengy's Fos Tonkin LNG Capacity for Sale

Aerial photography of Fos Tonkin terminal. Photo: Elengy

French liquified natural gas (LNG) terminal operator Elengy, a unit of the energy giant Engie, is preparing the sale of access capacities to the Fos Tonkin LNG terminal for the period 2021-2030.Within the sale process, Elengy will offer its potential customers several types of services, including the conventional unloading of Medmax-type LNG tankers (vessel with a capacity of 75,000m3 of LNG), the reloading of micro-tankers for LNG bunkering needs, as well as the LNG trucks loading.Compared to currently-used shipping fuels…

20 Feb 2019

UAE Eases Qatar Shipping Ban

Photo: Abu Dhabi Ports

The United Arab Emirates has eased a ban on the shipping of goods between it and Qatar enforced under a political and economic boycott of Doha, according to port circulars and an industry source.The UAE, Saudi Arabia, Egypt and Bahrain severed diplomatic, trade and transport ties with Qatar in June 2017 over allegations it supports terrorism, a charge Doha denies.An Abu Dhabi Ports circular dated Feb. 12 cancelled previous directives that banned cargoes of Qatar origin from UAE waters and ports and those of UAE origin from Qatar.It maintained a ban on vessels flying the Qatar flag…

20 Feb 2019

Commonwealth LNG sees Euro Demand for LA Gas Terminal

File Image: CREDIT ABS

Commonwealth LNG has received commitments from European buyers to take almost half of the liquefied natural gas (LNG) from its planned 8.4-million-tonnes-per-year export terminal in Louisiana, Chief Executive Officer Paul Varello said on Wednesday.The Commonwealth project is one of more than 10 LNG export terminals under development or construction in the United States along the coast of the Gulf of Mexico to take advantage of soaring demand for the supercooled fuel amid booming…

20 Feb 2019

Keppel Delivers Jack-up Rig to Grupo R

Image: Keppel Corporation

Singapore's Keppel FELS has delivered the jackup rig, Cantarell IV, to Grupo R with a perfect safety record.The wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M) said that as part of the deal, Grupo R has entered into a sale and leaseback agreement with FELS Asset, another wholly-owned subsidiary of Keppel O&M.FELS Asset will purchase the rig from Grupo R for US$179m which is equivalent to the balance contract value of the rig. Cantarell IV will be leased back to Grupo R on a bareboat charter at competitive day rates over five years.

20 Feb 2019

Gas4Sea, Equinor in LNG Bunkering Pact

Image: Port of Zeebrugge

Marine LNG Zeebrugge, a joint venture of the Gas4Sea partners - ENGIE, Mitsubishi Corporation and NYK - has signed an agreement with the Norwegian multinational energy group Equinor.Under the agreement, Marine LNG Zeebrugge will supply liquefied natural gas as a marine fuel to Equinor’s four crude shuttle tankers in the Dutch port of Rotterdam.The four planned dual fuel vessels are to come into service in early 2020; they will be operated by Equinor in Northern European seas.Marine LNG Zeebrugge will supply LNG using the LNG bunkering vessel ENGIE Zeebrugge which started operations in 2017.

19 Feb 2019

Qatar to Buy Up to 60 New LNG Vessels

Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, President & CEO. Photo: Qatar Petroleum

Qatar Petroleum (QP) is expected to order 60 new liquefied natural gas (LNG) carriers to serve new customers once it ramps up its annual capacity from the current 77 million tonnes (mt) to 110 mt after building four liquefaction trains by 2024.A report in Gulf Times quoted the Minister of State for Energy Affairs Saad bin Sherida al-Kaabi, who is also president and CEO of QP saying that the state-run oil company has a team, which is in talks with different ship builders worldwide.“It should be between 50 and 60 vessels that we will require to transport the expanded output of LNG.

14 Feb 2019

India, China to Lead Rapid Growth in Energy

 Graphic of renewable energy sources by BP

The major chunk of global energy supply growth is expected to come from renewables and natural gas over the next two decades, but steep investment in oil exploration and production will be needed to meet crude demand in 2040.The global energy demand is set to rise by around a third by 2040, driven by improvement in living standards, particularly in India, China and across Asia.- These are the key highlights of BP Energy Outlook 2019.It shows how rising prosperity drives an increase…

19 Feb 2019

Nakilat, McDermott Form Fabrication JV

Image: Nakilat

Qatar's Nakilat and McDermott are establishing a 60:40 joint-venture (JV) company that provides offshore and onshore fabrication services in Qatar."The strategic partnership aims at increasing productivity levels at Nakilat’s world-class Erhama Bin Jaber Al Jalahma Shipyard and developing local construction capabilities to support the increasing demand for the construction of offshore and onshore structures in Qatar," said the Qatari marine company providing the essential transportation…

14 Feb 2019

Chevron in LNG Supply Deal with GS Caltex

Image: Chevron Corporation

American multinational energy corporation Chevron signed a new sales and purchase agreement with South Korean oil refiner GS Caltex Corporation for the delivery of liquefied natural gas (LNG) to South Korea.As a joint venture between Chevron and GS Energy, GS Caltex has signed a long-term agreement and will begin receiving LNG in October 2019, said a press release from the U.S. oil and gas major.Chevron’s President of Global Gas, Hugh Connett stated the agreement is another indication…

15 Feb 2019

GasLog: LNG Demand Grew 9% in 2018

Image: GasLog

Liquefied natural gas (LNG) is expected to have increased by 9%, from 288 million tonnes per annum (mtpa) in 2017 to 313 mtpa in 2018, said GasLog.The Monaco-based owner, operator and manager of LNG carriers said in a stock exchange announcement that China’s LNG imports increased by approximately 16 mtpa, or 41%, to 54 mtpa in 2018, driven mainly by continued coal-to-gas switching in the industrial, commercial and residential sectors.South Korea, Pakistan, Thailand and Mexico also experienced strong growth in LNG imports during 2018.

15 Feb 2019

EIA: Azerbaijan Surges in Natural Gas

Graphics: U.S. Energy Information Administration

Azerbaijan is an important supplier of crude oil and natural gas in the Caspian Sea region, particularly to European markets, the US Energy Information Administration said in its report.The EIA’s report notes that Azerbaijan’s exports of natural gas are poised to become a more significant part of the country’s economy.Azerbaijan produced about 600 billion cubic feet (Bcf) of dry natural gas in 2017 and exported about 210 Bcf, according to EIA’s International Energy Statistics.“Azerbaijan is planning to expand its natural gas exports to Europe.

17 Feb 2019

DSME Bags LNG Carrier Order from Maran Gas

File Pic: Daewoo Shipbuilding & Marine Engineering

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…

17 Feb 2019

Polaris Bunkered in Finland

Pic: Gasum Ltd

The world’s first LNG-fueled icebreaker, Polaris, received liquefied natural gas (LNG) fuel in January from the Pori LNG import terminal and in February from the Manga LNG terminal located in the Röyttä Harbor in Tornio, Finland. The commercial use of the Tornio import terminal begins this year, said a press release from Nordic gas company Gasum.The gas and fuel market of Northern Finland will diversify as the commercial use of the Tornio import terminal begins this year. Access…

17 Feb 2019

KHI Delivers New LNG Carrier

Image: Kawasaki Heavy Industries

Japanese manufacturer Kawasaki Heavy Industries (KHI) delivered the Shinshu Maru, a 177,000 m3 capacity liquefied natural gas (LNG) transport vessel for use by Trans Pacific Shipping 7 Limited.Trans Pacific Shipping 7 is a joint venture between JERA Co., Inc. and Nippon Yusen Kabushiki Kaisha (NYK Line)."This large-scale LNG carrier is equipped with four independent Moss LNG tanks for a total cargo capacity of 177,277 m3. By increasing the LNG tank diameter to the maximum installable limit and utilizing stretched tanks…

20 Feb 2019

Excelerate, Equinor Perform First STS LNG Transfer

Image: Excelerate Energy. L. P

The first ever ship-to-ship (STS) transfer of liquefied natural gas (LNG) was completed in The Bahamas by Excelerate Energy and Equinor Energy AS.According to Excelerate, which provides transportation and marketing of LNG, its floating storage regasification unit (FSRU) Exemplar and Equinor’s LNG carrier Arctic Voyager were used for the LNG transfer."A full LNG cargo was transferred using the double-banked LNG transfer system while moored at Equinor’s South Riding Point storage and transshipment terminal which is strategically located for storage and transshipment of crude…

17 Feb 2019

Gazprom to Start Gas Supply to China

Construction of Power of Siberia gas pipeline. Pic: Gazprom

Russian gas giant Gazprom will start supplying Russian natural gas to China via the Power of Siberia pipeline almost one month early than previously planned.Alexey Miller, Chairman of Gazprom Management Committee, said after the negotiations with representatives of Chinese partner CNPC in Beijing, “Construction of the Power of Siberia gas pipeline is going ahead of schedule, and Gazprom will start delivering gas to China well in advance, as early as December 1, 2019.”Alexey Miller and Wang Yilin…

17 Feb 2019

Anadarko, Bharat Petroleum Sign LNG Deal

Pic: Anadarko Petroleum Corporation

American petroleum and natural gas exploration and production company Anadarko, on behalf of the Mozambique Area 1 partners, signed a deal with Bharat Gas Resources (BGR) for the supply of liquefied natural gas (LNG) volumes from the Mozambique LNG development.The sale and purchase agreement (SPA) is for 1 million tonnes per annum (MTPA) for a term of 15 years. BGR is a wholly owned subsidiary of Government of India controlled  oil and gas giant Bharat Petroleum Corporation Ltd.

Maritime Reporter Magazine Cover Feb 2019 - Ferry Builders

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News