MarineLink News Search
Search term • LNG
LNG Backlog at Spanish Ports Has Eased
Spanish gas grid operator Enagas said on Friday a backlog at its terminals that had forced it to warn it could reject deliveries of liquefied natural gas (LNG) had eased.On October 17, Enagas had issued a special situation notice due to unexpectedly full LNG tanks at its Spanish ports as mild weather hit demand for the fuel.Although the system operator expected the situation to end in early November, the overcapacity has lasted almost four weeks longer and has led to delays in planned offloading
Woodside Energy Delivers LNG from Australia's North West Shelf to Europe
Australian oil and gas company Woodside Energy said Monday it had delivered an LNG cargo to Europe on board the Woodside Rees Withers LNG carrier from Australia’s North West Shelf.
Indonesia: Pertamina's Shipping Unit Eyes $3B Investment to Rejuvenate Vessel Fleet
Pertamina International Shipping, a unit of Indonesia's state energy firm, aims to invest up to $3 billion over the next five years to rejuvenate and expand its fleet, including investing in vessels to transport liquefied natural gas, an executive said. Pertamina International Shipping (PIS) operates more than 400 vessels, including three very large crude carriers (VLCC) and two very large gas carriers (VLGC).
New Firefighting Vessel Delivered in Poland
A new fireboat built by the Remontowa Shipbuilding SA shipyard in Gdańsk for Poland's Szczecin and Świnoujście Seaports Authority SA has been delivered in Szczecin.The new firefighting vessel Firefighter-28 left the Remontowa Shipbuilding SA shipyard in Gdańsk on November 13 and arrived at the port of Świnoujście the next day in the evening. On November 18, the delivery and acceptance protocol was signed…
Qatar Pens 27-year Deal with China as LNG Competition Heats Up
QatarEnergy has signed a 27-year deal to supply China's Sinopec with liquefied natural gas (LNG), the longest such LNG agreement so far as volatile markets drive buyers to seek long-term deals. Following Russia's invasion of Ukraine in February, competition for LNG has become intense, with Europe in particular needing vast amounts to help replace Russian pipeline gas that used to make up almost 40%…
Delfin Gets More Time to Build U.S. Gulf of Mexico LNG Export Plant
U.S. energy regulators on Friday extended until September 2023 the amount of time liquefied natural gas (LNG) developer Delfin LNG has to put the onshore part of its proposed Gulf of Mexico floating export project off Louisiana into service. The U.S. Federal Energy Regulatory Commission (FERC) said in its order that Delfin sought the extension in July. Delfin is one of several North American LNG export…
Nigeria to Build its First FLNG Unit
Nigerian company UTM Offshore has signed a front-end engineering design (FEED) contract for the development of an FLNG facility in Nigeria with JGC Corporation, Technip Energies, and KBR.This will be Nigeria's first floating liquefied natural gas (FLNG) facility. Africa currently has two FLNG units in operation, the Hili Episeyo in Cameroon, and, as of recently, the Coral Sul FLNG in Mozambique. In Nigeria…
Freeport LNG Restart Delay Causes Vessels to Seek Other Ports
A few liquefied natural gas (LNG) vessels have turned away from the Freeport LNG export plant in Texas over the past few days on expectations the plant's restart…
Freeport LNG Blames Valve Testing Faults for June Accident
Freeport LNG pointed to deficiencies in safety valve testing and operating procedures as the root causes of a pipeline explosion that shut its export plant in Texas on June 8, according to a report released on Tuesday.The fiery explosion at the Texas Gulf Coast plant, the second-largest in the U.S., caused global liquefied natural gas (LNG) prices to spike amid falling Russian supplies to Europe and other outages. The report did not indicate when the plant, which supplies 20% of U.S.
Alternative Fuels, Newbuilds and Retrofits are Key to Marine Industry Growth
The global marine vessel market is projected to grow from $170.75 billion in 2021 to $188.57 billion in 2028 at a CAGR of 1.43%, according to research from Fortune Business Insights.From transportation vessels to workboats to marine construction ships, companies want to grow their business, stay current with new technologies, gain a competitive edge and be good stewards of our environment.Current marine market trends include adoption of alternative fuels…
Germany Completes Construction of Floating LNG Terminal
Germany on Tuesday completed construction of its first floating terminal for liquefied natural gas (LNG) at the North Sea port of Wilhelmshaven as it scrambles to secure more LNG and move away from Russian pipeline gas."The new LNG landing place is a big step towards a secure energy supply," said Lower Saxony economy minister Olaf Lies in a statement.A floating storage and regasification (FSRU) unit…
Freeport LNG to Miss Restart Target for Fire-damaged Texas Export Plant
The owner of the second-largest U.S. liquefied natural gas (LNG) export plant has not yet provided regulators with a final repair plan, according to a person familiar with the matter, likely pushing any restart into the first quarter of next year.The outage since a fiery explosion in June has underscored the global demand for new gas supplies and required major LNG traders and customers of the roughly…
Gallery: Mozambique's Coral Sul FLNG Ships First LNG Cargo
The Italian oil and gas company Eni, the operator of the the Coral South project offshore Mozambique, said Monday that the first shipment of LNG produced from the Coral gas field, in the ultra-deep waters of the Rovuma Basin, had departed from the Coral Sul FLNG facility.The Coral Sul is Mozambique's first LNG project and first floating LNG facility ever deployed in the deep waters of the African continent.Built by Samsung Heavy Industries in South Korea…
Crude Exports Lift Port of Corpus Christi to Q3 Tonnage Record
The Port of Corpus Christi reports it set another tonnage record in the third quarter of 2022, driven in large part by record exports of crude oil.The new quarterly tonnage record of 48.3 million tons surpassed the previous tonnage record set in the second quarter of 2022 of 46.4 million tons, a 4% increase on overall tonnage. The growth primarily was a result of strong exports of United States produced crude oil to Western European buyers who have moved away from Russian crude imports. The U.S.
Snam Confirms 2022 Guidance, aims to boost Italy's Gas Storage & Transport Facilities
Italian gas grid operator Snam confirmed on Thursday its guidance for full-year net profit after reporting a rise of 10% in nine-month revenue to 2.4 billion euros ($2.41 billion).
Furetank and Algoma Order Four More Ships for FureBear JV
Swedish Furetank and Canadian Algoma Central Corporation expand the FureBear joint venture to include eight climate-friendly, dual-fuel product tankers to trade in Northern Europe.The 50/50 owned joint venture was announced in August and is now extended with four additional 17,999 DWT tankers, bringing the total investment to eight vessels.Like the initial four vessel order, the additional four ships will be constructed at China Merchants Jinling Shipyard in Yangzhou, China.
Partners to Produce Bio-LNG as Marine Fuel
Three companies from very different sectors have joined forces to achieve a decentralized production of bio-LNG designated for use as a clean marine fuel. The partners Attero, Nordsol and Titan met at the site for the plant – located at the facility of waste processor Attero in Wilp, the Netherlands – where the final investment decision was made and where building can now begin.The FirstBio2Shipping project is set to deliver the first bio-LNG in early 2024.
Inflation Hits Vessel Operating Costs -Drewry
Vessel operating cost inflation has accelerated in 2022 on mounting worldwide macroeconomic price pressures, despite some receding of Covid-19 related costs, according to the latest Ship Operating Costs Annual Review and Forecast 2022/23 report published by global shipping consultancy Drewry.Drewry estimates that average daily operating costs across the 47 different ship types and sizes covered in the report rose for the fifth consecutive year to reach $7,474 in 2022, a rise of 2.2%.
ABS Grants AIP for HHI's Hi-ReGAS+ Regasification System
Classification society ABS announced it has awarded approval in principle (AIP) for a next-generation, highly efficient concept of a regasification system (Hi-ReGAS+) for floating storage regasification units (FSRUs) and floating liquefied natural gas (LNG) terminals that uses natural circulation.The technology was developed by Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company of Hyundai Heavy Industries Group…
Italy's Emilia Romagna Backs New FSRU Terminal in Ravenna
Italy's Emilia Romagna region has approved a project for a new floating LNG terminal off the coast of Ravenna in the upper Adriatic sea, it said on Monday, part…
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
