What do Russia–China Dynamics Mean for the Icebreakers Market
The Arctic is no longer a remote expanse beyond the edges of global commerce — it is now a contested arena where strategic competition, energy development, and maritime innovation converge. As climate change accelerates sea ice retreat, previously impassable waters are opening to navigation for longer periods each year. This change unlocks shorter trade routes, exposes massive untapped hydrocarbon and minerals reserves, and creates demand for ships able to operate in some of the harshest conditions on Earth.In this evolving environment…
POSH Set to Tow Nguya FLNG from China to Eni’s Congo Field
Singapore-based marine services provider PACC Offshore Services Holdings (POSH) has been selected by Wison New Energies to tow the Nguya floating liquefied natural gas (FLNG) facility from China to the Republic of Congo.The FLNG unit will be deployed as part of Phase 2 of the Eni’s Congo LNG project in the Marine XII concession.The unit will be positioned approximately 50 kilometers offshore from Pointe-Noire, in water depth of about 33 meters.Ngyua FLNG’s nominal nameplate capacity is 2.4 million tonnes of LNG per annum…
Partners Collaborate on Green Ammonia FPSO
Wison New Energies and H2Carrier have launched a new initiative aimed at reducing costs in the production of green ammonia.The collaboration aims at the complete delivery of a 500MW FPSO for producing green ammonia in the north of Norway.The companies aim to reduce costs through innovation, scale, and standardization in resource rich environments with a low cost of electricity.The cost gap between production of clean fuels and fossil alternatives remains too large despite subsidies and public support, say the companies.
Argentina’s 30 MMtpa LNG Ambition by 2030 – Is It feasible?
The development Argentina’s vast Vaca Muerta share is transforming the nation into a rising energy exporter, with oil and pipeline gas already flowing abroad and an ambitious multi-phase ‘Argentina LNG’ initiative aiming to secure a permanent place in the global liquefied natural gas (LNG) market. While geological resources appear sufficient, the scale and pace of development, however, present challenges.‘Argentina LNG’ is a large-scale LNG scheme designed to massively develop Vaca Muerta's resources to deliver energy to domestic and international market.
TMC to Deliver Equipment for Genting’s FLNG Unit
TMC Compressors (TMC) has secured a contract to deliver a large capacity marine compressed air system to the large floating liquefied natural gas (FLNG) unit that Wison New Energies is building for Malaysia-based Genting.TMC will deliver its scope as a subcontractor to Jereh Offshore, which is a China-based engineering technology and service company to the offshore industries.As part of its scope of supply, TMC will deliver a marine compressed air system consisting of six compressors in total, for control air, instrument air, N2 feed air and utility purposes.
ABS Grants Approval for Wison's New FLNG Design
A new design for a 268-meter floating liquefied natural gas (FLNG) facility from Wison New Energies received approval in principle (AIP) from classification society ABS.The unit is designed to perform offshore and at-shore with an expected production capacity of 1.2 million tonnes per annum (mtpa). ABS completed design reviews based on class and statutory requirements.“ABS offers world-class engineering services and is proud to be able to support innovative designs from pioneering clients like Wison.
Wison’s FLNG FEED Design Earns AIP from ABS
Classification society ABS announced it has granted approval In principle (AIP) to Wison Offshore and Marine’s (WOM) Extended FEED on its standardized 3.5 MTPA floating liquefied natural gas (FLNG) design.WOM has said the standardized design reduces CO2 emissions and results in a shortened engineering schedule by about 40%.Jiang Hao, WOM General Manager, FLNG Division, said, “WOM continues to optimize and standardize FLNG design, which would significantly improve the production efficiency and effectively reduce the carbon emissions in the production process. . .
Eni to Deploy FLNG Unit Offshore the Republic of Congo
Italian oil giant Eni has signed a contract with China's Wison Heavy Industry for the construction and installation of a floating liquefied natural gas (FLNG) unit with a capacity of 2.4 MTPA (million tons per annum). The FLNG will be deployed offshore the Republic of Congo.The 380-meter-long and 60-meter-wide vessel will be anchored at a water-depth of around 40 meters and will be able to store over 180,000 cubic meters of LNG and 45,000 cubic meters of LPG. Preliminary activities have already started…
Wison's FLNG Designs Get ABS AiP
Wison Offshore and Marine's standardized 1.3MTPA and 3.0MTPA floating liquefied natural gas (FLNG) designs have received Approval in Principle from the American Bureau of Shipping (ABS).ABS Vice President, Global Gas Solutions, Patrick Janssens said: “ABS has been the preferred classification organization for the offshore and energy industry for more than 60 years. With increasing global concern for the environment, clean gas-based energy plays an integral role within that framework.
Norwegian Greentech to Supply BWTS for Wison's Fleet
Ballast water treatment systems (BWTS) manufacturer Norwegian Greentech revealed Friday that it has signed an agreement to deliver its systems for shipping company Wilson's fleet of bulk carriers and general cargo vessels.Bergen-headquartered Wilson is Norway's largest shipping company and is among the largest in Europe in its segment, with a fleet currently comprising 120 ships, most of which are owned by the company itself.Norwegian Greentech, part of the Havyard Group, produces BWTS solutions based on filtration and ultraviolet (UV) disinfections.
Wison Offshore & Marine's LNG Carrier Design Gets DNV GL AiP
China's Wison Offshore & Marine's 200K LNG Carrier (“200K-LNGC”) design has received Approval in Principle from DNV GL.Wison Offshore & Marine said its design offers "an enhanced cargo capacity and greater efficiency."Wison’s 200K LNGC with an overall length of 300 meters holds 200,000 cubic meters cargo capacity (Mark-III FLEX membrane tank). It would be equipped with a WinGD6×72DF dual-fuel engine with lower emission of NOx, SOx, and PM is designed to fit most harbors in Emission Control Areas (ECA)."We are very proud to cooperate with DNV GL…
Wison Begins Arctic LNG 2 Project
Wison Offshore & Marine (WOM), the upstream oil and gas division of Chinese conglomerate Wison Group Holding, announced the fabrication of Arctic LNG 2 Project (ALNG2 Project) commenced in Zhoushan Yard.The module fabrication contract was awarded by Technip France S.A., a wholly-owned subsidiary of TechnipFMC.Novatek, client of ALNG2 project, is the largest independent natural gas producer in Russia. ALNG2 project comprises three LNG trains at 6.6 million tons per annum each. WOM’s work scope is engineering, procurement, fabrication and commissioning of modules in train one with a total weight of 48,000 MT."With continuous support of Novatek…
Wison, GTT Ink LNG Floater Accord
French technology firm Gaztransport and Technigaz (GTT) has signed a technical assistance and license agreement (TALA) for the use of its membrane solutions for liquefied natural gas (LNG) vessels with Chinese shipyard Wison Offshore & Marine (WOM).The deal covers equipment of floating liquefied natural gas units (FLNG), floating storage and regasification units (FSRU), floating storage regasification power (FSRP) units and LNG carriers, using membrane solutions developed by the French LNG containment specialist.WOM is a pioneer in floating LNG in China, being the first in the world to deliver barge-based FLNG and FSRU on a turn-key basis.
Floating LNG Power Vessel Market to $1bln by 2025
The global floating LNG power vessel market was USD 931 million in 2018 and is anticipated to reach USD 1,041 million by 2025, at a CAGR of 1.61% between 2019 and 2025.The floating LNG power vessel market is likely to experience significant growth over the upcoming years, owing to the growing demand for floating LNG power vessels, increasing power generation demand, and the lack of power infrastructure, said a market report by Zion Market Research.The floating LNG power vessel market is fragmented based on component, power output, and vessel type. By component, the floating LNG power vessel market includes a power distribution system and power generation system.
CSSC Mulls $280 million Hong Kong IPO
The ship-leasing unit of China’s state-owned shipbuilder China State Shipbuilding Corp. (CSSC) plans to raise as much as HK$2.2 billion ($280 million) in an initial public offering in Hong Kong.CSSC (Hong Kong) Shipping, the leasing company, is issuing 153.4 million shares at an indicative price range of HK$1.34 to HK$1.42. The minimum investment is HK$2,868.62 per lot of 2,000 shares.CSSC (Hong Kong) Shipping owns 100 vessels with a total value of $5.6 billion.According to Caixin, CSSC will remain the largest shareholder of the Hong Kong unit with 75% after the listing.The report said that CSSC (Hong Kong) Shipping has secured four cornerstone investors that subscribed for a combined 1.25 billion shares.The investors are China Reinsurance Corp., China Shipping Container Lines Co.
AAL Delivers Chinese Modules in Texas
Breakbulk and project heavy lift specialist AAL Shipping has shipped 22 petrochemical plant modules from Wison Heavy Industry’s facilities in China for the an ethylene-glycol plant expansion project in Point Comfort, Texas on behalf of Pacific Ocean Group.The shipment of 22 modules – 26,000 cbm in total and weighing 1,280 t – was loaded in Nantong and transported on a single sailing to Point Comfort aboard the mega-size MPV, the A-Class 31,000 dwt AAL Pusan.The project made good use of her 700 t max heavy lifting gear in loading and discharge operations, and harnessed over half of her copious intake capacity of 40,000 cbm, with several…
LR Grants AiP for Wison’s 300MW FSRP Design
Lloyd’s Register (LR) has issued approval in principle (AiP) to Wison for its 300MW capacity floating storage, regasification, power plant (FSRP) concept design.A relatively new design concept, FSRPs are essentially floating liquefied natural gas (LNG) power plants that receive LNG from ships and store it within tanks below deck, before regasifying the LNG and using it to fuel an onboard power plant.LR, Wison and Gaztransport & Technigaz (GTT) are working together in developing this 300MW barge-type FSRP unit that will be moored at a jetty or placed near-shore.
Wison Bags FEED Contract for FLNG Project from Western LNG
Wison Offshore & Marine and Western LNG signed a technical service agreement (TSA) for the new floating liquefied natural gas (LNG) project that Western is developing in British Columbia, Canada.Pursuant to the TSA, Wison will develop the basis of design (BOD) and carry out front-end engineering design (FEED) for the proposed FLNG to be sited at the proposed facility.Western has also agreed to the appointment of Wison as the EPC service provider for the floating liquefaction plant upon project FID.Under the terms of the TSA, Wison will provide a cost competitive FEED package utilizing its experienced in-house design team and execution methodology that has been optimized based on the successful delivery of the Caribbean FLNG.
Wison Wins FEED Contract for Canadian FLNG Project
Wison Offshore & Marine announced it has been awarded a contract to carry out front-end engineering design (FEED) for a proposed floating liquefied natural gas (FLNG) project sited in British Columbia, Canada.Wison said it has entered into a Technical Service Agreement (TSA) with the project’s developer Western LNG LLC, pursuant to which Wison will develop the basis of design (BOD) and carry out FEED wordk. Western also appointed Wison as the EPC service provider for the floating liquefaction plant upon project FID.Under the terms of the TSA…
Gunvor to Lease Exmar FSRU
Gunvor will lease the floating storage and regasification unit (FSRU) for ten years from the Belgian gas tanker company Exmar. "Exmar is pleased to announce that it has executed a fully effective ten year charter with Gunvor for the provision of its FSRU (floating Storage and Regasification Unit) barge and related services in Bangladesh," stated a press release from the company. The Exmar FSRU barge is currently at Keppel Shipyard undergoing site specific modifications after having been delivered from Wison Offshore and Marine in December 2017. The FSRU barge is expected to arrive in Bangladesh in the fourth quarter of this year and start operations after its full commissioning. Currently the FSRU has been fully paid by Exmar and the financing of the unit is under discussion.
Exmar Barge-Based FSRU on Way to Singapore
Exmar said its FSRU (Floating Storage and Regasification Unit) barge delivered end of 2017 has left the Wison Offshore Marine shipyard on Wednesday left the Wison Offshore Marine shipyard in China and set course towards Singapore. There the unit will undergo site specific modifications before departing to its project destination to commence its long-term employment mid-2018 in line with its time charter commitments. This is an important step in the successful implementation of the barge-based regasification strategy of Exmar, said the company. The FSRU is the first, new built regasification barge in the world, built on a speculative basis by Exmar, and the FSRU was able to obtain a long-term contract prior to her delivery from the yard.
Shipbuilding First: Wison Delivers Barge-based FSRU
A shipbuilding first was recorded with Exmar took delivery of the world's first barge-based FSRU and secures long-term employment for the unit. Final delivery of the world’s first barge-based floating LNG storage and re-gasification unit (FSRU) from the Wison Shipyard in Nantong, China. The unit has a re-gasification capacity of up to 600MMSCFD and a storage capacity of 26,000 m³ of LNG. This delivery is a milestone in EXMAR’s history as this FSRU is the first of the new generation of floating regasification assets…
Wison, CCS Partner on China’s FSRU Standards
Wison Offshore & Marine announced it will collaborate with China Classification Society (CCS) Wuhan Rules & Research Institute on various fronts of floating liquefied natural gas (FLNG) storage and re-gasification facility (FSRU) developments in China under a strategic cooperation agreement. Pursuant to the agreement, both parties will embark on a wide range of joint efforts in development and optimization of FSRU products, formulation of relevant technical standards, design and review, joint research of new technologies, exchange of know-how and talent development for the industry.