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Port of Rotterdam Throughput Edges Down
Total throughput in the port of Rotterdam in the first three quarters of 2018 was 0.4% lower than in the same period the previous year.According to a release from the port…
Skangas Inks LNG Bunker Deal with Gothia Tanker Alliance
Skangas entered into an agreement with parts of the Gothia Tanker Alliance to supply liquefied natural gas (LNG) as fuel.The new agreement comprises current as well…
Yarudeyskoye Field Produced 10 MT of Crude Oil
PAO Novatek announced that cumulative production at the Yarudeyskoye field owned by the Company’s subsidiary Yargeo, reached a milestone of 10 million tons of crude…
Cautious Consolidation for OSV Companies Brings Market Change
Will a rising tide in the offshore oil markets float all the boats? In the U.S. Gulf of Mexico, that remains to be seen.Offshore services, exploration and production are on a roll. In early October, yet another business combination of big drillers was announced. In a sign of optimism, Ensco announced its plan for an all-stock acquisition of Rowan Offshore, worth around $2.4 billion. The new company will be domiciled in the United Kingdom, but will have a large presence in Houston.
Hybrid Ferry: Balearia's 125 Dual-Fuel RoPax Fast Catamaran
Balearia announced construction of the world’s first fast ferry for passenger and cargo powered by dual-fuel LNG engines. The Incat Crowther 125 design is a new class of ferry, being the first to use dual-fuel reciprocating engines and will also be one of the largest fast catamarans in service when it is delivered in 2020.The new design will be constructed by Spanish builder Astilleros Armon at their Gijon shipyard.
Goldsboro LNG Project Eligible for $1.5bln German Loan
Pieridae Energy announced that its proposed financing of upstream activities within the Goldboro LNG project has received a written confirmation of eligibility in…
McDermott Gets Saipem as Partner for NextDecade
McDermott International announced that it plans to partner with the Italian oil and gas industry contractor Saipem S.p.A. to bid for NextDecade's planned Rio Grande LNG project in Brownsville…
Sembcorp Marine Bags Offshore Wind and Ferry Projects
Sembcorp Marine is breaking new ground in renewable energy engineering solutions with two separate projects worth over S$200 million (USD 145 mln).The Group has…
Nakilat Profit Jumps by 8.5%
Qatar Gas Transport Company (Nakilat) has reported about 8.5% year-on-year increase in net profit to QR659mn (USD 181 million) during January-September this year."Nakilat’s…
Maritime's Push Toward "Net Zero Carbon"
IMO’s 2050 deadline to reduce GHG emissions 50% from 2008 levels has set off a gold rush to develop Zero Emissions SolutionsClimate change is the biggest issue facing [all aspects of] the maritime industry, said Kitak Lim, IMO secretary general, in an interview earlier this year with Maritime Reporter & Engineering News. He predicted that shipping could experience as much change in the next 10 to 20 years as it has in the last 100 years…
GTT to Design Tanks for NYK's New LNG Carrier
GTT said it has received an order notification from South Korean shipbuilder Samsung Heavy Industries (SHI) for the tanks design of a liquefied natural gas (LNG)…
Woodside Energy GWF-2 Commences Production
Australian oil and gas company with a global presence Woodside announced that the Greater Western Flank Phase 2 (GWF-2) Project off the north-west coast of Australia…
Mitsubishi Shipbuilding Christens "LNG JUNO"
Mitsubishi Shipbuilding held a christening ceremony for a next-generation LNG (liquefied natural gas) carrier under construction for MOG-X LNG Shipholding S.A., a wholly owned subsidiary of Mitsui O.S.K. Lines, Ltd. (MOL).The ship, named "LNG JUNO," is the third "Sayaringo STaGE" type vessel, and is Mitsubishi Shipbuilding's newest carrier to feature significant improvements in both LNG carrying capacity…
Baleària Builds World's First Gas Engine-Powered High-Speed Catamaran
The shipping line Baleària, a pioneer in the application of liquefied natural gas in sea transportation, has marked another milestone with the construction of the world's first passenger and cargo fast ferry powered by dual LNG engines. The fast ferry is being built at the Armon shipyard in Gijón, as announced yesterday by Baleària President Adolfo Utor at the inaugural conference of the 57th Naval…
Rolls-Royce Power for Havyard Ro-Pax Vessels
The Norwegian ship owning company Havila Kystruten AS, has ordered four new build Ro-Pax vessels of Havyard 923 design. Rolls-Royce Commercial Marine will provide power and propulsion for all four ships.From January 2021, Havila Kystruten will operate four ships on the coastal route between the cities of Bergen in south western, and Kirkenes in northern, Norway. The company has contracted Spain’s Astillero Hijos de J.
US, Russian Energy Majors Join to Push LNG in India, Japan
Russia's energy major Rosneft and US ExxonMobil plan to build a liquefied natural gas (LNG) plant in a consortium with Indian and Japanese partners, spreading the estimated $15 billion cost…
IEA Calls for Enhancing Global Natural Gas Security
The evolution of the global natural gas market, which has been driven by the growth in liquefied natural gas (LNG) demand, continues to change the relationship between buyers and sellers…
FERC Green Signal for Calcasieu Pass LNG
Venture Global LNG announced that the U.S. Federal Energy Regulatory Commission (FERC) has issued the final Environmental Impact Statement (EIS) for the company’s…
First LNG Cargo Exported from Ichthys
French oil and gas major Total said on Tuesday that the first cargo of liquefied natural gas (LNG) cargo from Australia's Ichthys LNG project has been exported following the production start-up at the end of July.Ichthys LNG, with reserves of more than 3 billion barrels of oil equivalent offshore Western Australia, including around 500 million barrels of condensate, is operated by Japan's Inpex Corp with a 62.2 percent stake.Total is a major partner in the project with a 30 percent stake.(Report
LNG Shipping Rates Double Since End-August
Headline rates for shipping liquefied natural gas (LNG) in Pacific and Atlantic basins stand at around $140,000 to $150,000 a day for a 160,000 cubic meter LNG tri-fuel diesel electric (TFDE) vessel, brokers say.That is a 6-year high and compares to Atlantic basin rates of $75,000 at the end of August and around $95,000 at the end of September.Rates have jumped due to supply from new plants, longer distances traveled and anticipation of higher prices prompting shippers to lock in longer-duration
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
