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Sembmarine to Build LNG Bunker Tanker for MOL
Singapore-based Sembcorp Marine (Sembmarine) secured new contracts worth $175m, for projects comprising the design and construction of a 12,000-cubic-metre (cbm)…
FERC Approves Venture Global LNG Terminal
The Federal Energy Regulatory Commission (FERC) cleared Venture Global Calcasieu Pass LLC’s proposed liquefied natural gas export project in Cameron Parish, Louisiana…
DSME Wins More LNG Carriers Order from Maran
South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has received a contract to build two more liquefied natural gas (LNG) carriers for…
MOL Signs LNG Charter with Pavilion Gas
Mitsui O.S.K. Lines (MOL) has announced that it has signed a long-term charter contract to operate Asia's largest (12,000m3-class) LNG bunkering vessel in Singapore…
Environmental Concerns to Lift LNG Demand
China LNG demand soars amid push to reduce pollution; LNG demand to reach 384 mln tonnes in 2020 -Shell.Global liquefied natural gas (LNG) trade is set to rise 11 percent this year as China leads a global drive to reduce pollution and tackle carbon emissions, Royal Dutch Shell said in an annual LNG report on Monday.Shell's forecasts, which see LNG demand rising to 354 million tonnes this year and to 384 million tonnes in 2020…
EPIK, Hyundai Join for FSRU Projects
South Korea-based liquefied natural gas (LNG) floating storage and regasification unit (FSRU) project development company EPIK Co. has signed a strategic partnership…
APM Terminals Barcelona Cuts CO2
The electrical capacity of the APM Terminals Barcelona has also been improved, leading to a reduction in CO2 emissions of 600 tonnes per annum, said the international…
Crowley Christens LNG-Powered M/V Taíno
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…
Repsol Signs Deal for Brittany Ferries' New LNG Ship
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…
MHI: LNG Carrier "Marvel Crane" Christened
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…
Equinor Sells Natural Gas Worth USD26bln in 2018
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…
Bilfinger Sees Huge Potential in Scrubber Market
The international maritime shipping industry is increasingly using emission-reducing flue-gas desulfurization systems provided by Bilfinger, claimed the German engineering…
LNG Bunkering Takes Off in 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,…
Norway 203040 Names Haugland CEO
Bjørn Kjærand Haugland announced as new CEO of the climate network Norway 203040.“It is extremely motivating for me to lead this business-led climate initiative that gathers companies with the most ambitious climate commitments in Norway to take a leading role in the transition to the low-emission society,” said CEO Bjørn Kjærand Haugland in Norway 203040. “Here in Norway there’s a strong focus on green growth…
Elengy's Fos Tonkin LNG Capacity for Sale
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…
Commonwealth LNG sees Euro Demand for LA Gas Terminal
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…
Hedge Funds Hunt for Shipping Debt
A growing number of hedge funds are moving into shipping debt, an asset class few have invested in before, looking to buy up loans and bonds as banks cut their exposure to the troubled sector.World economy worries and cost pressures are dampening prospects for a proper recovery in many segments of the shipping sector, which has struggled with tough markets for a decade.Meanwhile European banks, particularly German lenders…
Gas4Sea, Equinor in LNG Bunkering Pact
Marine LNG Zeebrugge, a joint venture of the Gas4Sea partners - ENGIE, Mitsubishi Corporation and NYK - has signed an agreement with the Norwegian multinational…
Exmar Ship Management Opts for Luminultra
Belgium-headquartered EXMAR Ship Management has selected the LuminUltra Quench-Gone Aqueous (QGA) test kit to monitor the quality of the drinking water produced…
Qatar to Buy Up to 60 New LNG Vessels
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…
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 Systems™ Voyage Manager