Papua New Guinea LNG Project Resumes Exports
A liquefied natural gas (LNG) tanker has left Papua New Guinea laden with the first export cargo of the supercooled fuel since the country's giant LNG project resumed production after a major earthquake triggered a shutdown in February, Thomson Reuters Eikon shiptracking data showed on Monday. The tanker's destination wasn't immediately clear, but the resumption of shipments could put pressure on spot LNG prices, traders said. ExxonMobil Corp restarted output at the project near the capital Port Moresby a fortnight ahead of schedule, its Australian partners said late last week.
USCG Cutter Richard Snyder Commissioned
The Coast Guard commissioned North Carolina's first Fast Response Cutter, the Richard Snyder, during a ceremony in Atlantic Beach. FRCs feature advanced command, control, communications, computers, intelligence, surveillance, and reconnaissance equipment that allow their crews to more effectively conduct the Coast Guard’s statutory missions. The cutter is named after Richard Snyder, a World War II hero known for his brave actions in battle defending troops coming to shore on the Island of Biak at the western edge of Papua New Guinea.
FRC Richard Snyder to Be Commissioned Friday
The U.S. Coast Guard is scheduled to commission Fast Response Cutter, the Richard Snyder, during a ceremony in Atlantic Beach, N.C. on Friday.The vessel was built by Bollinger Shipyards in Louisiana and delivered to the Coast Guard on February 8, 2018, in Key West, Fla.The cutter is named after Richard Snyder, a World War II hero known for his brave actions in battle defending troops coming to shore on the Island of Biak at the western edge of Papua New Guinea. Snyder was awarded the Silver Star…
First LNG Cargo Loaded from Exxon PNG Project
LNG carrier Spirit of Hela, which is jointly owned by MOL and Itochu Corporation, has left Papua New Guinea carrying the first LNG cargo from the ExxonMobil-led PNG LNG Project, Mitsui O.S.K. Lines, Ltd. announced. The PNG LNG Project is Papua New Guinea’s first ever LNG project, and it will provide long-term supply of gas to customers in Japan and other countries. The vessel loaded LNG at the Project’s Marine Terminal, which is located near Port Moresby, the capital of Papua New Guinea. The first cargo will be delivered to Tokyo Electric Power Company. On May 14, Papua New Guinea’s Prime Minister Peter O’Neill visited the vessel for a tour.
First Cove Point LNG Lifting Departs Maryland
The first contractual liquefied natural gas (LNG) cargo from Dominion Energy Inc's newly constructed Cove Point LNG export plant in Maryland in the United States left the facility on Monday, Thomson Reuters Eikon ship tracking data showed. The cargo is expected to act as a drag on spot LNG prices <LNG-AS> as it coincides with the resumption of exports of the fuel from the Papua New Guinea LNG plant, which had been shut following a powerful earthquake. The 160,000-cubic metre LNG tanker Adam LNG left Cove Point on Monday with a draft of 91 percent, suggesting it was full, according to the data.
MOL LNG Carrier Rescues Castaways
Mitsui O.S.K. Lines (MOL) has announced that on September 18, the MOL-operated LNG carrier Papua safely rescued four yachtsmen off Port Moresby, Papua New Guinea. Details of the rescue are as follows: In the afternoon of September 17, the Papua received a distress relay message from the Australian Maritime Rescue Co-ordination Centres, while underway toward the Port of Qingdao in China from Port Moresby, Papua New Guinea. The vessel immediately rushed to the scene and rescued four survivors at around 22:30 on the same day.
ExxonMobil Sees PNG LNG Producing at 16 pct Above Nameplate
ExxonMobil expects to deliver 7.9 million tonnes of liquefied natural gas from Papua New Guinea this year, around 14 percent above nameplate capacity of its PNG LNG plant, says a report in Reuter's quoting the company's PNG head. The PNG LNG plant, operated by its biggest owner ExxonMobil, can produce at more than 8 million tonnes a year or 16 percent above original design specifications, ExxonMobil's PNG managing director Andrew Barry said at a conference in Sydney. "The benefits…
Containership Rescues Shipwreck Survivors
MOL-operated Containership Rescues 116 Shipwreck Survivors off Papua New Guinea. Mitsui O.S.K. Lines, Ltd. announced that the MOL-operated containership MOL Summer rescued 116 survivors from the ferry Rabaul Queen, which sank about 17 km east of Papua New Guinea. According to local reports, the Rabaul Queen with about 350 passengers aboard was under way from the port of Kimbe on New Britain Island to Lae in Papua New Guinea. On the morning of Thursday, February 2, the Rabaul Queen sank near Fischhafen…
T&T Salvage Aids Charity’s Efforts Against Malaria
A small feeder container vessel ran aground off the coast of Papua New Guinea. A large part of its cargo consisted of 32 containers of mosquito nets owned by international charitable organization the Rotary Club through their subsidiary Rotarians Against Malaria, a not-for-profit Non-Governmental Organization (NGO) engaged in a program aimed at eliminating Malaria in Papua New Guinea by the use of Long Lasting Insecticidal Mosquito Nets (LLIN’s) which are delivered free of charge to every household in Papua New Guinea. The nets aboard the grounded vessel were not insured and the charity simply did not have the funds to pay a salvage award.
Papua New Guinea Bullish on LNG Potential
A new wave of investments in Papua New Guinea’s energy sector could see some $19 billion of projects launched in the coming years, boosting the country’s liquefied natural gas (LNG) output and providing employment to thousands. France's Total S.A. is progressing work on the Papua LNG Project in Petroleum Retention License (PRL) 15, Papua New Guinea (PNG) and construction of the development is expected to commence in 2018, creating employment for up to 10,000 persons, the firm said Friday when announcing financial results for the first quarter of 2016 (1Q 2016) ending March 31.
Exxon's $19 Bln PNG Plant could change country's fortune
ExxonMobil's $19 billion liquefied natural gas (LNG) project in Papua New Guinea, which is shipping its first cargo, is set to dramatically transform one of Asia-Pacific's most unstable countries, for better or for worse. The LNG venture, which is expected to produce more than 9 trillion cubic feet of gas over 30 years, is the largest private investment in the South Pacific nation's history. ExxonMobil is relying on projects like this one for much-needed production growth, while the Papua New Guinea government hopes it might double its $15 billion dollar economy…
Australian Electronic Chart Service Launched
AMSA's Acting Chief Executive Officer, Mr Mick Kinley, was a guest of honour at a celebration held at the Australian Hydrographic Office in Wollongong on Thursday 21 June to celebrate United Nations World Hydrography Day. Commodore Rod Nairn AM, RAN (Hydrographer of Australia) used the event to mark Australia's achievement of Electronic Navigational Chart (ENC) coverage for Australian and Papua New Guinea waters and to launch a new Australian Electronic Navigational Chart service (AusENC). The AusENC service will support vessels operating within Australian and Papua New Guinea waters through simple ordering and easy availability of official charts for use in Electronic Chart Display and Information Systems (ECDIS).
CMA CGM to Acquire SOFRANA Unilines
CMA CGM announced it will purchase through its subsidiary, ANL, the majority of the shares in SOFRANA Unilines, a key player in the Pacific Islands regional maritime trade. With operations in the South Pacific region for almost 50 years, SOFRANA Unilines operates directly or in partnership a fleet of 10 vessels on eight trade-lanes, servicing 21 ports in Australia, New Zealand, Papua New Guinea and the Pacific islands. Together with CMA CGM’s ANL, who already offers 16 trade lanes servicing major ports throughout Australia…
Containership Rescues 116 Shipwreck Survivors
Mitsui O.S.K. Lines, Ltd. reports that the MOL-operated containership MOL Summer rescued 116 survivors from the ferry Rabaul Queen, which sank about 17 km east of Papua New Guinea. According to local reports, the Rabaul Queen with about 350 passengers aboard was under way from the port of Kimbe on New Britain Island to Lae in Papua New Guinea. On the morning of Thursday, February 2, the Rabaul Queen sank near Fischhafen, shortly after transmitting a distress signal, according to the Australian Maritime Safety Authority (AMSA).
Maersk Line Fast Growing in Pacific
Four years after launching a dedicated service into Papua New Guinea, Maersk Line is one of the key carriers in this fast growing Pacific country, claims Social Media Community of Maersk Line. Papua New Guinea occupies the eastern half of the island of New Guinea and its offshore islands in Melanesia, a region of the southwestern Pacific Ocean north of Australia. One of the most culturally and geographically diverse nations in the world, Papua New Guinea (also known as PNG) is home to huge economic opportunities…
Enhanced Satellite Connectivity in Papua New Guinea
Global satellite communications service provider SpeedCast International Limited has entered into an agreement with O3b Networks, where O3b will provide capacity for Papua New Guinea via its Medium Earth Orbit (MEO) satellite constellation. The O3b-based service will allow SpeedCast to deliver high throughput and low latency internet services to local customers. SpeedCast’s high bandwidth new IP Trunk from Port Moresby to the international Internet backbone will enable high throughput voice and data services, whose performance will be similar to or even exceed that of traditional fiber connectivity, SpeedCast said. O3b’s MEO configuration provides low latency in satellite communications of less than 150 milliseconds.
Smit Lamnaico Wins Marine Services Contract
Royal Boskalis Westminster N.V. (Boskalis) announces that its associated company Smit Lamnalco has been awarded a 10-year contract with additional extension options by Esso Highland (a subsidiary of ExxonMobil) for providing terminal services at the Papua New Guinea liquefied natural gas (PNG LNG) export terminal near Port Moresby. The total contract value is USD 120 million (Boskalis share USD 60 million) and services will commence mid-2014. The PNG LNG export terminal is part of a larger integrated LNG production, processing and liquefaction project which started following the discovery of three major gas field in Papua New Guinea. Both the offshore and onshore infrastructure is currently under construction and expected to be operational in 2014.
Centenary of RAN Submarine Loss Commemorated
The Royal Australian Navy (RAN) informs it has commemorated the 100th anniversary of the disappearance of its first submarine, 'HMAS AE1', with memorial services in Papua New Guinea and across Australia. In a ceremony held in Rabaul, Papua New Guinea, close to where the ship was last seen, Navy members, local dignitaries, traditional land owners and descendants of the crew gathered to remember the ship lost on 14 September 1914. Director of Navy Submarine Capability Commodore Peter Scott, CSC, RAN officiated in a service held on the shores of Simpson Harbour.
First PNG LNG Cargo Shipped by Exxon Mobil
Exxon Mobil Corporatio says it has shipped the first cargo of liquefied natural gas (LNG) from the $19 billion PNG (Papua New Guinea) LNG project ahead of schedule. PNG LNG, operated by ExxonMobil affiliate ExxonMobil PNG Limited, is expected to produce more than 9 trillion cubic feet of gas over its estimated 30 years of operations. The first cargo is bound for LNG customer Tokyo Electric Power Co. Inc. (TEPCO) in Japan. Production from the first train started in April, 2014, and production from the second train has also started as additional wells came online.
Indian Naval Ship Sahyadri Visits Papua New Guinea
Indian Naval Ship Sahyadri has visited Papua New Guinea on its four-day overseas deployment to the Southeast Asia and Southern Indian Ocean aimed to strengthen existing bonds between the two countries. The ship would be on a port visit to Moresby from 12 June to 15 June 2017. The visit of the Indian Naval Ships seeks to underscore India’s peaceful presence and solidarity with friendly and harmonious countries towards ensuring good order in the maritime domain and to strengthen existing bonds between Papua New Guinea and India.
Exxon's New Guinea LNG Plant: 4 August Cargoes
ExxonMobil's Papua New Guinea liquefied natural gas (LNG) export plant is offering to sell four cargoes loading in August to long-term buyers as well as Asian end-users, two traders said. The rapid export rate from the new plant, which was completed ahead of schedule, has helped push global LNG prices lower as major Japanese buyers retreat from spot markets. The plant's main long-term buyers are Japan's Tokyo Electric Power, Osaka Gas and Taiwan's CPC, but low demand across Asia may have led Exxon to broaden its offers. Reporting by Oleg Vukmanovic
MOL Takes Delivery of LNG Carrier
Mitsui O.S.K Lines Limited (MOL) has taken delivery of the LNG carrier Papua built by Hudong-Zhonghua Shipbuilding Company. The Papua is the first in a series of four vessels to provide LNG transportation for the PNG LNG project in Papua New Guinea and the Gorgon LNG project in Australia. MOL will operate the Papua ship under a long-term charter for the PNG LNG project, which is operated by ExxonMobil. In January 2011, MOL assigned technical experts to the shipyard in China and created a shipbuilding supervision team to ensure the safe and high-quality construction of these LNG carriers.
Varna Appoints Wasco as Distributer
Varna Products appointed Wasco Engineering Australia Pty Ltd as master distributor in Australia, New Zealand and Papua New Guinea. Varna Products looks forward to working with WASCO in expanding the marine, power generation, oil/gas, over the road and off-highway equipment and other markets in these countries.