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South Korean shipbuilders surge on giant Qatar LNG deal

2 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Shares of South Korean shipbuilders surged on Tuesday following a landmark deal for Qatari liquefied natural gas carriers. Image courtesy of DSME LNG producing giant Qatar Petroleum said on Monday it signed deals with South Korea’s biggest three shipbuilders to secure more than 100 vessels worth about $19.2 billion. This

IAAC invites Tilbury Phase 2 LNG expansion comments

2 Jun No Comments gregsamuel_e5x9azx4 LNG World News

The Impact Assessment Agency of Canada is inviting the public and Indigenous groups to submit comments on the second phase of Tilbury LNG project expansion. Courtesy of FortisBC The Impact Assessment Agency of Canada has accepted an initial project description for the proposed Tilbury phase 2 LNG expansion project, located

Pieridae to be listed on Toronto Stock Exchange

2 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Canada’s Pieridae Energy, the developer of the Goldboro LNG export project, said Monday that its shares have been approved for listing on the Toronto Stock Exchange. The company’s shares are expected to start trading on the TSX at the opening of the market on June 3. Concurrent with the TSX

Qatar Petroleum inks $19.2 bln LNG shipbuilding deal

1 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Qatar Petroleum has inked three deals with South Korean shipbuilders reserving slots for its LNG tanker fleet expansion valued over $19 billion. Qatari giant said on Monday it has signed deals to reserve LNG ship construction capacity in South Korea to be utilized for its future LNG carrier fleet requirements,

China’s Guangdong plans big inland LNG conversion project

1 Jun No Comments gregsamuel_e5x9azx4 LNG World News

China’s Guangdong province is boosting the use of LNG as fuel and plans to convert a large number of inland vessels to run on chilled fuel as part of a new project signed on Friday. Image courtesy of China State Shipbuilding Corporation To implement the plan which aims to reduce

Canden Marine Fuel Services joins Glander International Bunkering Group

1 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Glander International Bunkering Group has acquired Canden Marine Fuel Services, a Canada-based marketer of marine fuels. Canden will become Glander International Bunkering (Montreal) Ltd as the 9th office in the brand’s global network. As explained, the decision to merge into the Glander International Bunkering Group is “strategically aimed at strengthening

Van Oord inks green loan for LNG-powered dredgers

1 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Dutch marine contractor Van Oord has signed its first green loan that will be used to fund its new liquefied natural gas-powered dredgers. Image courtesy of Van Oord The company said in a statement it signed the loan with Dutch Rabobank and France’s BNP Paribas last month. Van Oord structured

Golar’s Brazil FSRU in third STS LNG transfer

1 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Golar’s floating storage and regasification unit that is supplying the Sergipe power plant in Brazil has recently received another cargo of LNG via a ship-to-ship transfer. Image: Lucas Buranelli/ Golar Power The third STS LNG transfer has taken place from May 22-24 between the FSRU Golar Nanook and LNG carrier

WE Tech nets contract for Shell-chartered LNG carriers

1 Jun No Comments gregsamuel_e5x9azx4 LNG World News

Finland’s WE Tech Solutions has won a contract to supply equipment to eighth liquefied natural gas carriers that will go on charter to LNG giant Shell. For illustration purposes only (Image: Knutsen) WE Tech says it will start supplying its equipment in February 2021. The delivery package includes two sets

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