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“Floating Gas Plant” Toscana Delivered
Tugs Fairmount Summit and Fairmount Alpine have delivered the very first “floating gas plant” in the world, the FSRU Toscana, safely offshore Livorno, Italy. The Toscana, a one of a kind unit, was towed from Dubai via Malta where final equipment was installed. After delivering the Toscana, both Fairmount tugs assisted in mooring the unit to her six pre installed anchors. The Toscana is a so-called floating…
ASL Marine’s FY2013 Earnings Surge 40%
ASL Marine Holdings Ltd., an integrated marine company offering comprehensive services in shipbuilding, shiprepair and conversion, shipchartering and dredging engineering…
SHIPPINGInsight 2013 Announces Agenda and Speaker List
The SHIPPINGInsight conference producers have finalized the agenda and confirmed speaker list for the 2013 Fleet Optimization Conference, scheduled for Oct. 22-24…
ABS Forms Global Gas Solutions Team
Classification society ABS said it has taken another step to meet industry needs with the formation of the ABS Global Gas Solutions Team to leverage the organization's LNG and LPG capabilities. This group of experienced gas professionals will work alongside owners, shipyards and equipment manufacturers to provide an extensive range of services to this growing market. "The discovery of new gas resources…
Höegh LNG Awarded FLNG pre-FEED Study Contract
Höegh LNG say they have signed a contract with an Asia based national oil company to conduct pre-FEED engineering work for an offshore floating LNG facility (FLNG) with 2 million tonnes per annum production capacity. The work will be finalised in the first quarter of 2014. Provided that the conclusion of the engineering work is positive, the intention of the client is to execute a full front-end engineering design (FEED) in the first half of 2014. Höegh LNG's President and CEO, Sveinung J.S.
Latest Global Shipbuilding Orders
The focus this week being on the Ultramax and Handysize sectors. It was reported this week that that d’Amico Ireland Ltd have placed an order for four firm 64…
Second Qatar LNG Shipment Headed to Egypt
For the second time this month, Qatar has sent a tanker carrying liquefied natural gas (LNG) to Egypt, a country struggling to meet energy demands amid much deadly violence and political unrest…
Danish Ferry to Operate on LNG Fuel
Marine industry solutions and services provider Wärtsilä is to supply the main propulsion generating sets for a new, environmentally sound, double ended ferry. The ship, which is the first gas fuelled ferry for a domestic route in Denmark, will operate between Jutland and the island of Samsø and will carry passengers, cars and trucks. The vessel, designed by the Danish OSK-ShipTech A/S, will be built for the Danish municipality Samsø Kommune by Remontowa Shipbuilding S.A. in Gdansk, Poland.
Danish Inland Ferry to be Wärtsilä DF Engine Powered
This order is for the first Danish ferry to be operated on LNG fuel. The ferry project sets an environmental benchmark for inland ferries, and according to Wärtsilä is being closely followed by other municipalities and governmental bodies in Denmark and abroad. Wärtsilä is to supply the main propulsion generating sets for a new, environmentally sound, double ended ferry. The ship, which is the first gas fuelled ferry for a domestic route in Denmark…
GasLog Marks Up a Good Q2 2013 Financial Result
GasLog Ltd. an international owner, operator and manager of liquefied natural gas (LNG) carriers, report its financial results for the quarter ended June 30, 2013. Contracted 2 LNG newbuildings at Samsung Heavy Industries for delivery in 2016. Vessels chartered out to BG Group for minimum 7 years with charterer’s option to extend. Delivery of GasLog Sydney in May and GasLog Skagen in July ahead of schedule with concurrent delivery to the charterer.
MOL LNG Carrier Rescues Fisherman
On August 17, the MOL-managed LNG carrier Energy Advance found and rescued one fisherman on a fishing boat that had been drifting without sufficient fuel about 300km…
China Government Approves First FLNG Project
The CNOOC Gas and Power Group, a wholly-owned subsidiary of CNOOC, China's largest offshore oil and gas producer, informs that its first floating liquified natural…
IMO Sec-Gen Up North in NSR Icebreaker
Koji Sekimizu, Secretary General of IMO is aboard the Russian icebreaker '50 Lot Pobedy' in company with Russian Deputy Minister Olersky to see for himself developments concerning the Northern Sea Route. I woke up at 07:00 this morning to the sound of the hull hitting ice. I realised that it was the ice and jumped off the bed to take a photo from my cabin window. The sea was not extensively covered by ice. We had left Dixon just a half day ago and we were navigating well into the Kara Sea.
SNAME Announces Pre-Meeting Training Courses
The Society of Naval Architects and Engineers (SNAME) has scheduled six pre-meeting training courses to run in the days immediately prior to the SNAME 2013 Annual Meeting and Expo…
LNG Carrier Anchored, Awaiting Dredging at Basin
The berth basin of the Petronet LNG terminal is not deep enough to facilitate the tanker vessel holding the terminal’s first consignment of LNG, forcing the ship to wait in anchorage at the Cochin Port as a navigable route is dredged, multiple news sources reported. The vessel is expected to sit for two or three days as the basin is dredged. The ship, WilEnergy, is carrying LNG from RasGas in Qatar to be delivered to the Rs 4,200 crore terminal.
GasLog Order More LNG Carriers & Fix Charters
GasLog has ordered two new 174,000 cbm Tri-Fuel Diesel Electric LNG carriers from Samsung Heavy Industries Co., Ltd. in South Korea. The vessels are expected to be delivered in Q3 and Q4 2016, respectively, and upon delivery will commence firm seven-year charters with a subsidiary of BG Group plc. The company explains that due to the benefits accrued from building a series of ships, these vessels will have a lower delivered cost than the 2 vessels ordered in February…
Bestobell Valves Used on High-speed LNG Ferry
Bestobell Valves, part of the President Engineering Group (PEGL), has supplied valves to what has become the fastest LNG (liquefied natural gas) fuelled ferry ever built. The specialist cryogenic valve manufacturer produced 70 globe, check and thermal relief valves, which were supplied to Chart Ferox, a company based in the Czech Republic, which manufactured the fuel system for the ferry. Bestobell Valves has enjoyed a long working relationship of over 20 years with Chart Ferox…
Port of Antwerp Subsidised for LNG Barge Bunkering
Antwerp Port Authority has been granted a subsidy by the European Commission to build an LNG bunkering station for barges. The preparatory study work has already…
Golar LNG Wins Kuwait FSRU Contract
Golar has been contracted by Kuwait National Petroleum Company to provide loating storage and regasification ("FSRU") services to support their LNG import operations at Mina Al Ahmadi.
Good News Comes in Threes
Caterpillar, Wärtsilä and Volvo Penta introduce new, efficient and environmentally compliant engines. A crowded market becomes even more competitive. Forget all…