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Flex LNG Adds $750M to Backlog with New Long-term LNG Carrier Charters
Flex LNG has secured charters for for Flex Rainbow, Flex Enterprise and Flex Amber LNG carrires, adding $750 million of fixed backlog in total.Flex LNG and the chartererâŠ
KSOE's New LNG Fuel Supply System Gets DNV AIP
Korea Shipbuilding & Offshore Engineering (KSOE) and its subsidiary Hyundai Heavy Industries (HHI) have received an approval in principle (AIP) from DNV for their newly developed waste heat-derived liquefied natural gas (LNG) fuel supply system Hi-eGAS (Hyundai High Efficient Gas Supply System) for 300K very large crude carriers (VLCC).Currently, LNG fuel propulsion ships have used boilers to make hot steam, which has converted LNG into a gas at room temperature to supply a shipâs engine.
Carnival Bringing Two Costa Ships to U.S. to Offer Guests Italian Design Experience
Carnival Cruise Line, also known as Americaâs Cruise Line, is teaming up with Italy's cruise line Costa Cruises, its sister company, to create a new concept for Carnivalâs North American guests when Costa Venezia cruise ship joins the Carnival fleet sailing from New York in the spring of 2023. Costa Venezia will be followed by Costa Firenze arriving in the spring of 2024 to sail from Long Beach.Under the concept called "COSTA by CARNIVAL" Carnival will operate the shipsâŠ
Ineos Inks 20-year LNG Deal with Sempra Infrastructure
Britain's INEOS Energy, part of INEOS Group, has signed an agreement with U.S. firm Sempra Infrastructure for the supply of 1.4 million tonnes per annum of liquefied natural gas (LNG) from North America for 20 years, it said on Wednesday.It marks INEOS's entry into the global LNG market, with the volumes intended both for trading and supplying of INEOS' own industrial needs in Europe.The LNG will be delivered free-on-boardâŠ
First Steel Cut for TUI Cruises' LNG-powered Cruise Ship
The first steel cutting ceremony was held for the first of two LNG-powered ships for the cruise ship operator TUI Cruises.Shipbuilder Fincantieri said Wednesday that the construction start-up ceremony had taken place in the presence of Wybcke Meier, CEO of TUI, and Luigi Matarazzo, General Manager Merchant Ship Division of Fincantieri, in San Giorgio di Nogaro (Udine) at Centro Servizi Navali, a companyâŠ
Vallianz to Build Hybrid Heavy Transport Vessel for Ever-growing Offshore Wind Components
Singapore-based shipowner Vallianz has partnered up with Ulstein Design & Solutions B.V, Shift Clean Energy, and Bureau Veritas to design and build a heavy transport vessel (HTV) that will be "the first of its kind in the global offshore wind industry."The HTV is planned to be deployed for the transportation of structures such as monopiles, jackets, transition pieces and turbine blades to support offshore wind farm projectsâŠ
Tankers Divert to Trinidad, Maryland After Freeport LNG Blast
At least six tankers set to load liquefied natural gas (LNG) at Freeport LNG this month have been diverted following the June 8 blast that shut the Texas facilityâŠ
Germany's Scholz Hopes for Baltic Sea LNG Terminal within Months
German Chancellor Olaf Scholz said he was confident liquefied natural gas (LNG) could start flowing into the country via the Baltic Sea port of Lubmin within a matter of months, as Germany rushes to phase out Russian energy imports."Our goal is to get as much as possible there by the turn of the year, or a little bit later, so we can get gas quickly from wherever," Scholz said on Tuesday in BerlinâŠ
MAN ES, UGS Make Joint Decarbonization Commitment
Following a meeting during the 2022 Posidonia trade fair in Athens, MAN Energy Solutions and the Union of Greek Shipowners (UGS) announced their mutual commitment to a policy of decarbonization, especialy in regard to the testing and development of alternative fuels and, more generally, the maritime value chain. This recognises the vital role that engine designers and manufacturers play, and that shippingâsâŠ
Stena, Wärtsilä to Build Worldâs Largest Hybrid Ship
Wärtsilä will supply its hybrid propulsion system for three new RoPax vessel currently built for Stena RoRo, Europe´s largest ferry company. Two of the ferries will have a battery capacity of 11.5 MWh, reportedly making them the marine industryâs largest hybrid vessels to date.âStena wants to be a frontrunner in decarbonizing our fleet and, together with our partners, pushing developments towards zero emission operations,â says Per Westling, Managing Director, Stena RoRo.
Sovcomflot Fleet Fully Covered by Russian Insurers, CEO Says
Russia's state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief executive said, after Western insurers withdrew cover.Western insurers halted insurance cover for Russia's biggest shipping group when Sovcomflot was hit by sanctions after Moscow sent troops across the border into Ukraine.Sources told Reuters this month that state-controlled Russian National Reinsurance Company had become the main reinsurer of Russian shipsâŠ
First Hydrocarbons Introduced into Coral South FLNG Offshore Mozambique
Italian oil and gas company Eni said Saturday that the first hydrocarbons had been introduced from the Coral South reservoir offshore Mozambique into the Coral South FLNG unit.Eni operates the offshore Area 4 where the Coral South FLNG is located. Eni's partners are ExxonMobil, CNPC, GALP, KOGAS, and ENH.Coral South, also known as Coral Sul, FLNG will now be ready to achieve its first LNG cargo in the second half of 2022âŠ
Costa Toscana: Costa Cruises Christens New LNG-powered Flagship in Barcelona
Italian cruise line Costa Cruises on Thursday held a christening ceremony for its new flagship, the Costa Toscana, in the port of Barcelona, Spain.The LNG-powered, Italian-flagged ship sailed away from Civitavecchia, Italy on Monday, making a stop in Naples on Thursday, before arriving in Barcelona on Thursday for the christening ceremony. The 337-meter ship is one of the largest ocean liners and can accommodate 6,554 passengers.
Master Boat Builders Building Second Tug for PNE
Coden, Ala. shipbuilder Master Boat Builders, Inc. on Thursday announced the construction of a new 4,000-hp tug for PNE Marine Holdings, LLC. Slated for delivery in 2023, the new tug is the sister ship to Polaris, which was handed over to Polaris New Energy, LLC earlier this year.The sister ship to Polaris will be coupled with a barge currently under construction at Fincantieri Bay Shipbuilding CompanyâŠ
Ban on Russian Commodity Exports to Accelerate LNG Growth, Energy Transition - Wood Mackenzie report
War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to predict, a rewriting of energy trade flows is now underway. With the global economy on a knife edge and energy prices structurally higher, there a real risk of some global supply being lost.
Batteries, Fuel Cells, Solar, Wind Power and More: Cruise Operator Costa Group Sets Up Decarbonization Department
The European cruise company, Costa Group, with its Costa Cruises and AIDA Cruises brands, which is part of Carnival Corporation, has created a dedicated decarbonization department within its Carnival Maritime unit based in Hamburg, Germany.The new department will be responsible for developing and implementing the strategy for achieving the decarbonization ambitions of the Costa and AIDA fleets by 2050.
LNG Carrier Spot Charter Rates Hit Record Highs
Spot-market rates for liquefied natural gas (LNG) tankers this week set annual records as traders bid up available vessels to meet rising global demand for the chilled gas, according to brokers.Soaring demand for LNG and buyers shunning Russian cargoes and vessels over its invasion of Ukraine have led to more long-term charters, limiting the supply of vessels to the spot market, said shipbroker andâŠ
Bourbon Extends Support for Construction at BP's GTA Hub
Bourbon Mobility said it has been tapped to provide additional support Saipem for the construction of the liquefied natural gas (LNG) terminal on BPâs Greater TortueâŠ
Freeport LNG Targets Year End for Full Operations After Fire
Freeport LNG, one of the largest operators of liquefied natural gas export plants in the United States,on Tuesday said last week's fire damage to its Texas plant would keep it fully offline until September with only partial operation through to the year end.Natural gas prices slumped in the United States and soared in Europe on the lengthier shutdown as the Quintana, Texas, facility produces roughly 20% of U.S.
WinGD and Hyundai Heavy Industries Developing Ammonia Two-stroke Engine
WinGD and Hyundai Heavy Industriesâ Engine Machinery Division (EMD) are working together to deliver the first WinGD engine capable of running on ammonia, as the shipping industry continues to progress toward decarbonization.Under an memorandum of understanding (MOU) signed during the Posidonia exhibition on June 7, the partners will aim to deliver a first engine by 2025, in line with WinGDâs previously announced timeframe for bringing ammonia engines to market.
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
