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Schottel Propulsion LNG Bunkering Vessel Trio
Schottel was selected to supply full propulsion packages for three new LNG bunkering vessels (LNGBV), each consisting of a controllable pitch propeller, a retractable rudder propeller, and a transverse thruster. The ships, with a loading capacity of 20,000 cbm, are currently under construction at the Chinese shipyard Nantong CIMC Sinopacific Offshore & Engineering Co. Ltd. and are scheduled for delivery in 2026 and 2027.
Woodside Negotiating with at Least Three Partners for Louisiana LNG
Woodside Energy has held talks with several potential buyers of stakes in its Louisiana liquefied natural gas plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.The timing of the stake sale is a test case for buoyant market expectations around LNG with the return of Donald Trump to the U.S. presidency. Trump has said trade partners should buy more U.S.
Evergreen Places $3.2B Order for 11 LNG Dual-Fuel Container Ships
Taiwanese container shipping firm Evergreen Marine Corporation has ordered 11 new LNG dual-fuel container ships from South Korean and Chinese shipyards, whose combined worth is up to $3.2 billion.On February 12, Evergreen disclosed two orders for 11 container ships, each with a 24,000 TEU capacity.The company placed an order to South Korea’s Hanwha Ocean for six vessels, and to CSSC Guangzhou Shipyard…
LNG Shipping Stocks Gain for a Second Week
The UP World LNG Shipping Index (UPI) rose 0.67% to 168.40 points, while markets remained quiet despite geopolitical shifts made by the new U.S. administration, reports UPI analyst Tomas Novotny. “This can potentially increase LNG market competition, leading to lower prices but higher sales.”The UPI saw moderate growth, with Awilco LNG (+9.1%), BP (+8.5%), and Cool Company (+6.8%) among the top gainers, while Tsakos Energy (-5.2%) and Capital Clean Energy (-4.9%) declined.
Gasum Charters New LNG Bunker Vessel
Finland’s Gasum has chartered a new bunker vessel that will be delivered in 2027.The new vessel, to be named Celsius, will enable Gasum to fulfil its strategic ambition to increase LNG and bio-LNG availability in the Northwestern European maritime market.The vessel will be owned by a Joint Venture between Gasum and Swedish shipping company Sirius Shipping. The vessel will be built by RMK Marine yard in Istanbul Turkey.Sirius Shipping and Gasum have a long history together…
Calcasieu Pass Louisiana LNG Plant to Start Commercial Operations Soon
Three years after it shipped its first LNG cargo, and after a two-year dispute with its customers, Venture Global LNG will begin commercial operations at its Calcasieu Pass plant in Louisiana on April 15, the company said on Monday.Long-term customers including Shell and bp have been notified of the start of commercial operations, the company said.Venture Global's failure to move to commercial operations…
Woodside Eyes Partners for Louisiana LNG
Woodside Energy has held talks with several potential buyers of stakes in its Louisiana liquefied natural gas plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.The timing of the stake sale is a test case for buoyant market expectations around LNG with the return of Donald Trump to the U.S. presidency. Trump has said trade partners should buy more U.S.
Trump Grants First LNG Export License, Forms US Oil and Gas Energy Council
U.S. President Donald Trump's administration said on Friday it has granted a liquefied natural gas export license to the Commonwealth LNG project in Louisiana, the first approval of LNG exports after former President Joe Biden paused them early last year.The exports are approved to go to markets in Asia and Europe.Energy Secretary Chris Wright, whose agency is responsible for approving the shipments, said exporting U.S. LNG "strengthens the U.S.
Tariffs Destabilizing Ship Recycling Market
The effects of the US 25% tariffs announced on Chinese steel and aluminum products is already seeing destabilizing effects on ship recycling markets, says cash buyer GMS.“It remains unsure as to where much of this surplus / excess and resultingly cheaper steel will end up, devastating ship recycling prices.”Compounding market uncertainties have taken center stage, says GMS, with President Trump’s “uncalculated tariff wars sending economies rocking this week, unintentionally targeting the U.S.
Golar Sells LNGC Golar Arctic, Exits LNG Shipping Sector
Golar LNG Limited sold the 2003 built steam turbine LNG carrier, Golar Arctic for $24 million before transaction-related expenses, wit the transaction expected to close, and the vessel is to be handed over to its new owner within Q1 2025. Following the vessel sale, Golar will have fully exited its legacy shipping business.The LNG carrier Fuji LNG discharged its final cargo as an LNG carrier in January 2025 and has now arrived in China…
GasLog Selects Propulsion Analytics for Fleet Digital Engine Management
Gaslog, owner, operator and manager of 35 LNG carriers and one FSRU, has selected Propulsion Analytics to develop a customized version of the Engine Hyper Cube platform tailored specifically for its fleet.The platform will be enabled by Kongsberg Digital’s Vessel Insight cloud infrastructure.It builds on Propulsion Analytics’ core Engine Hyper Cube application, which performs continuous engine performance…
Indian Prime Minister, French President Visit CMA CGM HQ
Indian Prime Minister Narendra Modi and French President Emmanuel Macron visited the CMA CGM Group headquarters in Marseille during Modi’s state visit to France. Rodolphe Saadé, Chairman and CEO of CMA CGM, welcomed both leaders for discussions on strengthening economic ties and advancing the India-Middle East-Europe Economic Corridor (IMEC).With a 34-year presence in India and 17,000 employees, CMA CGM connects the country to global markets through 19 weekly maritime services.
AMNT Takes RAmbler 1400 Mooring Vessels to Assist Port Ops
AMMAN Mineral Nusa Tenggara (AMNT), a subsidiary of PT Amman Mineral Internasional Tbk, has added two new RAmbler 1400 mooring boats, Amman Khatulistiwa 01 and Amman Khatulistiwa 02, to its fleet. Built by PT Dumas Shipyard in Surabaya and supervised by PT IMEC International Services, these vessels will operate at Benete Port, West Nusa Tenggara, supporting mooring operations for LNG ships, as well as line towing…
TotalEnergies Signs LNG Supply Deal with India’s GSPC
TotalEnergies and the Gujarat State Petroleum Corporation Limited (GSPC), a state-owned oil and gas company, announced the signing of a long-term Sale and Purchase Agreement (SPA) for a term of ten years starting in 2026.Under this agreement, TotalEnergies will supply GSPC with 400,000 tons of liquefied natural gas (LNG), amounting to six cargoes per year.The LNG, sourced from TotalEnergies' global portfolio and delivered to terminals on India's west coast…
DESMI Acquires Nordan Marine
DESMI, a global leader in pump and flow solutions, acquired Nordan Marine, a provider of service and repair solutions for cargo and fuel handling systems in the maritime sector. The move aims to bolster DESMI’s presence in the maritime industry, particularly in the growing market for LPG, LEG carriers, LNG, and alternative fuel-capable vessels.The acquisition aligns with DESMI's strategy to expand its gas cargo and fuel pump solutions portfolio…
Alewijnse Advances Autonomous Vessel Tech
While the advent of full autonomy in the maritime space is still a generation or more in the future, companies like Alewijnse are determined to take step changes toward increased automation, and in fact claim that "autonomous sailing is coming soon."Alewijnse is a key player in the Fieldlab Autonomous Sailing Technology (F.A.S.T.) project, an initiative designed to revolutionize ship automation. The project centers around the Damen Stan Patrol 900…
ADNOC Secures LNG Supply Deal with India's BPCL
Abu Dhabi National Oil Company (ADNOC) will supply 2.5 million tons of liquefied natural gas (LNG) to India's Bharat Petroleum Corp under a new five-year deal, sources with knowledge of the matter said on Monday.Indian's state refiner will receive 40 cargos of LNG under the five-year contract with supplies beginning from April, the sources said.In the initial two years, supplies would be less and will be gradually ramped up…
South Korea Tops China in January Shipbuilding Orders
South Korea beat China in global shipbuilding orders in January, according to Clarkson Research Services data.South Korean yards received orders for 900,000 CGT for 13 ships, 62% of the global total. This included 12 LNG dual-fuel container ships ordered from HD Korea Shipbuilding & Offshore Engineering and one from Samsung Heavy Industries.Chinese yards received orders for 270,000 CGTs for 21 vessels…
Fincantieri Delivers First of Two Low-Carbon Cruise Ships to TUI Cruises
TUI Cruises, a joint venture between German TUI Group and Royal Caribbean Cruises, has taken delivery of the first of two liquefied natural gas (LNG) and marine gas oil (MGO) powered cruise ships Fincantieri is building for the shipowner.With approximately 160,000 gross tons, the dual-fuel powered InTUItion-class ship forms the backbone of TUI Cruises’ new fleet.Named Mein Schiff Relax, the ship is…
Oil and Gas Traders to Seek Tariffs Exemptions from China for US Imports
Oil and gas traders are likely to seek waivers from Beijing over tariffs that the Chinese government plans to impose on U.S. crude and liquefied natural gas (LNG) imports from February 10, trade sources said on Thursday.Shortly after tariffs on China imposed by U.S. President Donald Trump took effect on Tuesday, China's Finance Ministry said it would impose levies of 15% on imports of U.S. coal and LNG and 10% for crude oil as well as on farm equipment and some autos…
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
