MarineLink News Search
Search term • LNG
Predictive Tech Could Extend Tank Inspection Intervals on LNG Carriers
Inspection intervals for liquefied natural gas (LNG) carrier membrane tanks could be safely extended thanks to monitoring technology and predictive maintenance, according to a study led by GTT Group, Lloydâs Register and Shell International Trading and Shipping Company Limited.The International Gas Carriers (IGC) Code and IACS UR Z16 rules require LNG carrier cargo tanks to be inspected internally every five years.
MOL Signs Long-Term Charter with Tokyo Gas for LNG Carrier Newbuilding
Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with Tokyo LNG Tanker (TLT), a wholly-owned subsidiary of Tokyo Gas.This is the eighth contract, following a time charter contract for seven LNG carriers that were signed for TLT.The 174,000-cbm ship will be 294.9 meters long, with the bread of 46.4 meters.The vessel will be built at the Geoje Shipyard of Hanwha Ocean in South KoreaâŠ
Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets
Singapore's Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion Energy, sources with knowledge of the matter said.The sale process comes a decade after the state investment firm set up Pavilion Energy to focus on LNG-related investments, and takes place as spot Asian LNG prices LNG-AS have fallen more than 40% since mid-AugustâŠ
Esgian Week 9 Report: Dolphin, Diamond and Seadrill Updates
Esgian reports rig-related updates from Dolphin Drilling, Diamond Offshore, and Seadrill in its Week 9 Rig Analytics Market Roundup.Report Outline:ContractsDespite Tullow Oilâs recent announcement that it would take a break from drilling offshore Ghana, Noble Corp. has stated that there has been no contract termination announcement and that its 12,000-ft drillship Noble Venturer is currently stillâŠ
Jozwiak Joins GLO Marine as Green Transition Lead
Maciej Jozwiak joined the GLO Marine team, with his experience expected to enhance the company's technical capacity to deliver high-end services to the retrofit and vessel upgrade market, with a focus on green technologies and decarbonization measures.Jozwiak brings more than six years of engineering project management at DAMEN and more than nine years as senior approval engineer at DNVâs Oslo Headquarters.
Qatar's Bigger LNG Expansion to Squeeze US, Other Rivals
Qatar's planned expansion of liquefied natural gas (LNG) production could see it control nearly 25% share of the global market by 2030 and squeeze out rival projects including in the United States where President Biden paused new export approvals, market experts say.Qatar, one of the world's top LNG exporters, plans an 85% expansion in LNG output from its North Field's current 77 million metric tons per year (mtpa) to 142 mtpa by 2030âŠ
Anglo American Takes Delivery of Final LNG Dual-fuel Bulk Carrier
Anglo American has taken delivery of its 10th and final dual-fueled bulk carrier powered by liquefied natural gas (LNG), the company said on Wednesday.The capesize-plus LNG dual-fueled bulk carriers have been built and delivered over the last three years from Shanghai Waigaoqiao Shipbuilding Co.
First of 10 Newbuilds Delivered for FureBear JV
The first vessel in a series of 10 newbuilds has been delivered to FureBear, a 50/50 joint venture between Sweden's Furetank and Canada's Algoma Central Corporation.Fure Vanguard is a dual-fuel ice class 1A 17,999 DWT product tanker built by China Merchants Jinling Shipyard in Yangzhou, China.The FureBear JV was formed in 2022 with an initial order for four ships. Later that year, the partners placed an order for four additional vessels, and in 2023 they ordered two more ships.
ABB to Deliver Shore Connection Solution for Portsmouth International Port
ABB has secured an order with Portsmouth International Port to supply a shore connection solution for visiting ferries and cruise ships as part of the UK portâs Sea Change project.Shore connection allows visiting ferries and cruise ships to avoid emissions by connecting to the shoreside electrical grid while in port, supporting the Portsmouthâs port aim to be the first in the UK to be zero emissions by 2030.The initiative is part of the portâs Sea Change project to designâŠ
Japan Continues to Lead Shipowner Rankings
VesselsValue has unveils this yearâs top 10 shipowning nations, reviewing the total asset values for vessels by beneficial owner country. From Japan's resolute leadership in the top position with a USD 206.3 billion fleet to the emergence of Hong Kong at USD 44.7 billion, asset values and ownership strategies have changed considerably over the last 12 months, says Rebecca Galanopoulos-Jones, Senior Content AnalystâŠ
Woodside and Kogas Agree LNG Supply Deal
Woodside has signed a sale and purchase agreement (SPA) with Korea Gas Corporation (KOGAS) for the long-term supply of LNG to Korea.The SPA provides for the supply of approximately 0.5 million tonnes per annum of LNG for a period of 10.5 years on a delivered basis, commencing in 2026 subject to customary conditions precedent.LNG delivered to KOGAS under the SPA will be sourced from uncommitted volumes across Woodsideâs global portfolio, including the Scarborough Energy Project which is targeting
GTT Books Samsung Heavy Industries Order for 15 LNG Carriers Tank Designs
French engineering company GTT has received an order from Samsung Heavy Industries for tank designs of 15 new LNG carriers.GTT will design the tanks of these 15 vessels, which will each offer a capacity of 174,000 m3.The tanks will be fitted with the Mark III Flex membrane containment system developed by GTT.The delivery of the vessels is scheduled between the fourth quarter of 2026 and the fourth quarter of 2028.The South Korean shipyard placed an order on behalf of a leading LNG playerâŠ
Congoâs First LNG Cargo to Set Sail in Coming Days
The first LNG cargo from Eni's Congo LNG project is currently being loaded and will sail to Piombinoâs regasification terminal in Italy in the coming days.With the first cargo, the Republic of the Congo enters the group of LNG exporting countries, opening up opportunities for economic growth while contributing to global energy balance.The Congo LNG project, sanctioned in December 2022, came on stream after just one yearâŠ
QatarEnergy Expanding North Field LNG Development
QatarEnergy has announced that it is proceeding with a new LNG expansion project, the âNorth Field Westâ project, to raise the nationâs LNG production capacity to 142 million tons per annum (MTPA) before the end of this decade.This represents an increase of almost 85% from current production levels.Saad Sherida Al-Kaabi, Minister of State for Energy Affairs and President and CEO of QatarEnergy, made the announcement during a press conference on Sunday.
Armada Technologies Wins Hull Lubrication Contract with CoolCo
Armada Technologies has secured a hull lubrication contract with LNG carrier company Cool Company Ltd (CoolCo).Under the partnership, Armada will design, engineer, procure, and provide support for the installation and commissioning of its air lubrication system on a CoolCo vessel scheduled to dry dock in 2024. Once commissioned, CoolCo will conduct sea trials and provide documentation to Armada, following ISO or ITTC guidanceâŠ
First LNG Carrier Arrives at New German Mukran Terminal
The first vessel carrying LNG for Germany's Baltic Sea terminal of Mukran arrived on Saturday for a test operation as the country steps up its quest to replace Russian pipeline gas.Private company Deutsche ReGas said that Energos Power, a floating storage and regasification unit (FSRU), had moored at the terminal on Ruegen Island, having received approval from local authorities.Germany has intensified its quest to increase LNG capacity for regasification on its shores, as European countries seek
QatarEnergy Pays Homage to Rex Tillerson by Giving His Name to New LNG Carrier
QatarEnergy has named the first LNG carrier to be delivered as part of its new LNG fleet expansion program as Rex Tillerson, in recognition of the former Chairman and CEO of ExxonMobil, who also served as the 69th United States Secretary of State.During his 10-year term as Chairman and CEO of ExxonMobil, Tillerson oversaw the consolidation of relations with the State of Qatar and its energy sectorâŠ
ZIM Names Trio of LNG Containerships
The naming ceremonies of three new vessels joining ZIMâs fleet were held in Korea and China this week for ZIM Integrated Shipping Services, continuing ZIMâs widescale fleet renovation.The naming ceremony of Zim Mount Elbrus and Zim Mount Vinson, the final additions to the series of ten 15,000 TEUs advanced LNG vessels, took place at the SHI Geoje shipyard in Korea. These vessels, showcasing state-of-the-art LNG technology, were named in a traditional manner by their respective godmothers, Mrs.
Demand for Maritime Shaft Generators Increasing
30 years ago shaft generators with PTI capability kept container ships sailing at top speed. That purpose gone, PTI/PTO is making a new comeback in more cargo shipping segments, this time for reducing emissions.Retrofitting a shaft generator is not an insignificant undertaking. Around 50 tons of equipment needs to be installed into the engineroom through a hole in the hull. A new section of shaft isâŠ
Sanmar Delivers Another Tug for Boluda Towage
Sanmar reports it has delivered another tugboat to Boluda Towage, marking the third delivery from the Turkish shipbuilder and operator to Spain-headquartered maritime service provider in three monthsâ time.The delivery of BoÄaçay LXVII, to be renamed VB Tragen by its new owner, follows the sale and delivery of two former Sanmar fleet tugs - VB Horus and VB Amon â to Boluda Towage in November last year.VBâŠ