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GTT Receives Tank Design Order for Samsung Heavy Industries LNG Carriers
GTT announced that it has received, in the fourth quarter of 2025, an order from the shipyard Samsung Heavy Industries for the tank design of two new Liquefied Natural Gas Carriers (LNGCs) on behalf of the ship-owner Purus. GTT will be responsible for the design of the cryogenic tanks for the two vessels, each offering a total capacity of 174,000 m³. The tanks will be fitted with GTTâs Mark III Flex membrane containment system.Delivery of the vessels is expected between 2028 and 2029.
Union Maritime Takes Delivery of LNG and Wind-Powered LR2 Tanker
Union Maritime has taken delivery of what it said is the worldâs first long-range 2 (LR2) tanker powered by liquefied natural gas (LNG) and wind-assisted propulsion.The vessel, MT SPA, was delivered on January 6 in Jingjiang, China, and was built by Yangzijiang Shipbuilding. It is a high-specification LNG dual-fuel LR2 tanker fitted with WindWings technology, combining alternative fuel capability withâŠ
PCTC Vessel MV Ocean Explorer Delivered
Sallaum Lines accepted its latest Pure Car and Truck Carrier (PCTC) vessel, MV Ocean Explorer as part of its Ocean Class fleet. The newbuildingâs arrival represents a major milestone in the companyâs ongoing fleet expansion strategy and its commitment to advancing sustainable and energy-efficient maritime operations.âWith the delivery of MV Ocean Explorer, we are proud to take another bold step toward a more sustainable future for maritime transport,â said Mr.
Crowley Creates New Shipping, Energy Divisions
Crowley announced a strategic consolidation of its business structure to create more efficiency and value for customers. The company is creating two divisions: shipping and logistics, led by Executive Vice President and Division President James C. Fowler, and energy, led by Executive Vice President and Division President Kollin Fencil. This new alignment enhances agility while improving operational executionâŠ
GTT Bags Hanwha Oceanâs Contract to Design Tanks for LNG Carriers
French engineering specialist GTT has secured an order from Hanwha Ocean shipyard for the tank design of seven new liquefied natural gas (LNG) carriers.GTT will design the cryogenic tanks of the vessels, which will each offer a total capacity of 174,000 m3.The tanks will be fitted with the NO96 Super+ membrane containment system developed by GTT.The LNG carriers are being built for an undisclosed European shipowner.Delivery of the vessels is expected between 2028 and 2029.
Petrovietnam Agrees First-Ever LNG Term Deal with Shell
State-owned Petrovietnam Gas has awarded its first-ever term supply tender seeking liquefied natural gas (LNG) to energy major Shell, which will deliver the super-chilled fuel to Vietnam from 2027 to 2031.The five-year supply deal will see Shell deliver about 400,000 metric tons a year of LNG to the Southeast Asian nation, according to a Petrovietnam Gas statement issued late on Tuesday.The LNG willâŠ
Gulf LNG Partners Take Delivery of Final Rapport 2800 Tugboat
Master Boat Builders, Inc. announced the successful launch of the Jill, marking a milestone in its ongoing partnership with Gulf LNG Tugs of Port Arthur, LLC, a joint venture comprised of Bay-Houston Management, LLC; Bay Towing, LLC; Moran Towing Corporation; and Suderman & Young Towing Company. Together, the Gulf LNG partners have more than 400 years of experience in ship assist and towage services.
Master Boat Launches Tugboat Jill
Master Boat Builders launched the tugboat Jill, marking a major milestone in its ongoing partnership with Gulf LNG Tugs of Port Arthur, LLC , a joint venture comprised of Bay-Houston Management, LLC; Bay Towing, LLC; Moran Towing Corporation; and Suderman & Young Towing Company. Together, the Gulf LNG partners have more than 400 years of experience in ship assist and towage services. Jill is the sixth and final vessel in a Rapport 2800 tugboat series designed by Robert Allan Ltd.
CIMC Picks TMCâs Compressors for Golar LNGâs MK II FLNG Unit
CIMC Raffles has awarded a contract to TMC Compressors to deliver a complete marine compressed air system for the MK II floating liquefied natural gas (FLNG) facility, currently under construction for Golar LNG.TMCâs scope includes instrument air compressors, utility compressors, nitrogen feed air compressors, and air driers. The company did not disclose the value of the contract.The MK II FLNG project involves converting Golarâs LNG tanker, Fuji LNG, into a floating liquefaction facility.
China Received LNG Shipments from Sanctioned Russian Projects
China received 22 shipments of liquefied natural gas (LNG) last year from two export projects in Russia sanctioned by the United States and European Union, shiptracking data showed.One shipment was from Portovaya and the rest were from the Arctic LNG 2 project, showed data from Kpler and LSEG.The U.S. and EU have sanctioned the projects to curb revenue reaching Russia following its invasion of Ukraine.ChineseâŠ
Low Demand, High Supply Keeps Asia LNG Spot Prices Flat
Asian spot liquefied natural gas prices started the year steady, as muted regional demand and ample supply kept the market flat following a 34% slump in 2025.The average LNG price for February delivery into Northeast Asia LNG-AS was estimated at $9.60 per million British thermal units (mmBtu), unchanged from the previous week, industry sources said."Market conditions remain relatively calm and are largely dominated by bearish sentimentâŠ
"The Year of Glut": 2026 Energy Trends to Track
Energy markets enter 2026 in a downbeat mood as geopolitical uncertainty clouds the outlook and increasing signs of swelling oil and gas supplies threaten to sink prices.This past year was a wild one for the oil and gas industry, punctuated by the 12-day Israel-Iran war in June, U.S. President Donald Trump's trade wars, the intensified targeting of energy infrastructure in Russiain its war against Ukraine, OPECâs often perplexing production decisions and the recently threatened U.S.
WAPS Make Wind Blow for Vessel Decarbonization
WAPS: Making the Wind Blow for Shippingâs DecarbonizationIn the evolving landscape of maritime decarbonization, few subjects are as timely or arguably as misunderstood as wind-assisted propulsion. Yet the shipping industry finds itself at a decisive moment, driven by regulatory tightening, customer expectations for greener supply chains, and an urgent need to manage escalating fuel costs. Wind-assisted propulsion systems (WAPS)âŠ
Woodside, BOTAĆ Shake Hands on Long-Term LNG Supply Deal
Australiaâs Woodside Energy has finalized a long-term liquefied natural gas supply agreement with Türkiyeâs state pipeline operator BOTAĆ, marking Woodsideâs first long-term LNG contract with the Turkish market.Under the sale and purchase agreement, Woodside will supply BOTAĆ with about 5.8 billion cubic meters of natural gas equivalent, or around 0.5 million tons per annum of LNG, for up to nine yearsâŠ
MSC: How the Worldâs Largest Boxship Fleet Squeezes More Miles from Every Molecule
Itâs trite (but true) to say that in the maritime industryâs quest to cut emissions, there is no âsilver bulletâ solution, rather a series of small step changes that cumulatively add up over time. Maritime Matters: The Marinelink Podcast, recently hosted Giuseppe Gargiulo, Head of Newbuildings, MSC and Daniel Bischofberger, CEO, Accelleron, to specifically discuss the development and delivery of Accelleronâs FITS2 technologyâŠ
HD KSOE Enlists GTT for Tank Design of New LNG Carrier
GTT has secured an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of a new liquefied natural gas (LNG) carrier.The LNG carrier will be built by the shipyard Hyundai Samho Heavy Industries (HSHI) on behalf of the ship-owner Hyundai Glovis.With a total capacity of 174,000 m3, the vesselâs cryogenic tanks will be fitted with the Mark III Flex membrane containment systemâŠ
Oshima Bulk Carrier Design Earns ClassNK Approval for Alternative Fuels
Japanâs ClassNK has issued an approval in principle (AiP) for a bulk carrier concept developed by Oshima Shipbuilding that is designed to be ready for multiple alternative fuels, including ammonia, methanol and liquefied natural gas (LNG), as well as onboard carbon capture and storage (OCCS).The approval confirms the technical feasibility of the vessel from a regulatory and safety perspective and reflectsâŠ
Fuel Gas Supply Systems Launched for Next-gen Marine Engines
Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) launched a new high-pressure fuel gas supply systems (FGSS) specifically designed to power the next generation of cleaner, more efficient ships with lower emissions and greater efficiency.Nikkiso CE&IGâs innovation in FGSS is engineered to deliver and sustain pressures well beyond todayâs standards of 380-420 bar, regardless of fuel sourceâŠ
The Top 8: What Shipowners Should Watch in 2026
According to Veson Nauticalâs 2025 End-of-Year Market Report, a report which breaks down prevailing trends in all major oceangoing shipping sectors globally, these are the prevailing trends shipowners should watch in 2026.1. Routing Normalization vs. Geopolitical RealityMuch of 2025âs earnings strengthâespecially in containers, crude tankers and dry bulkâwas driven by longer voyages around the Cape of Good Hope.
Shipping Full Steam Ahead: What '25 has set up for '26
After several years of volatility, 2025 became the year the global shipping markets began to reset. Not collapseâbut recalibrate.According to Veson Nauticalâs 2025 End-of-Year Market Report, the past year was defined by persistent geopolitical disruption, tightening environmental regulation and growing uncertainty over future fuel pathways. Red Sea instability continued to distort global trade flowsâŠ
Icebreaking LNG Carrier Vladimir Rusanov on Ice Trials
Maritime Reporter TV Interviews Timo Koponen, Wärtsilä
Digitalization Driving Safety in the Maritime Sector
Video: LNG Carrier Transits the Northern Sea Route
Designer seeks permit to send out United States gas to Mexico for LNG exports
Crowley Christens LNG-Powered ConRo
Pasha Hawaii Brings LNG Containerships Online
Inside Crowley's Commitment Class ConRo Ships
Maritime Reporter TV Interviews Leif Gross, Caterpillar
Enhancing Gas Carrier Reporting and Reducing Crew Burden with ABS Wavesight Nautical Systemsâą Voyage Manager
