Home » Archive "Uncategorized"

CMES takes full control over Singapore bunkering unit

2 Jul No Comments gregsamuel_e5x9azx4 LNG World News, Uncategorized

China Merchants Energy Shipping (CMES) has agreed to acquire 70% of equity interest in Singapore-based bunker trader China Merchants Energy Trading (CMET) from a sister company China Merchants Hoi Tung. The tanker and oil shipping giant said the move was aimed at ensuring a sustainable supply of fuel oil and

NYK: World’s 1st transocean shipment of hydrogen begins

29 Jun No Comments gregsamuel_e5x9azx4 LNG World News, Uncategorized

The world’s first international demonstration operation to transport hydrogen has begun. The project members are conducting a demonstration operation for the construction of an international hydrogen supply chain. Launched by the Advanced Hydrogen Energy Chain Association for Technology Development (AHEAD), the project is subsidized by the New Energy and Industrial

Stena Bulk develops new LNG-fueled tanker

11 Jun No Comments gregsamuel_e5x9azx4 LNG World News, Uncategorized

Shipping company Stena Bulk unveiled its product and chemical tanker prototype, the IMOFlexMAX, featuring dual-fuel LNG engines. Courtesy of Stena Bulk The company noted the vessel is able to reduce greenhouse gas emissions by more than 25 per cent compared to modern product tankers. The vessel, designed by Stena Bulk

Australia Pacific LNG ships 500th cargo

11 Jun No Comments gregsamuel_e5x9azx4 LNG World News, Uncategorized

The Australia Pacific liquefied natural gas (LNG) plant, run by ConocoPhillips, has shipped its 500th cargo of the fuel since it started operations in 2016. Image courtesy of ConocoPhillips Australia The 174,100 cubic meters CESI Tianjin loaded the milestone cargo and departed the Curtis Island facility near Gladstone on Thursday,

UK firms break into Chinese renewable energy market

9 Jun No Comments gregsamuel_e5x9azx4 LNG World News, Uncategorized

Eight UK organisations have signed new agreements to develop and provide renewable energy technologies, services and research in China. Aleron Group, Miros Scotland, ZOEX Wave Power, along with Logan Energy, REOptimize Systems, Anakata Wind Power and Blueprint Subsea signed memorandums of understanding during a virtual ceremony hosted in Yantai City,

World’s biggest dual-fuel, low-speed engine is here!

27 May No Comments gregsamuel_e5x9azx4 LNG World News, Uncategorized

The world’s biggest dual-fuel, low-speed engine WinGD X92DF has been officially launched in China, China State Shipbuilding Corporation revealed. The engine, approved by classification society BV, was developed by Winterthur Gas & Diesel (WinGD), a subsidiary of CSSC, built by Shanghai CSSC Mitsui Shipbuilding Diesel Engine Co., and guaranteed by

Shell’s Q1 LNG sales rise

30 Apr No Comments gregsamuel_e5x9azx4 LNG World News, Uncategorized

The Hague-based LNG giant Shell reported a nine per cent rise in its liquefied natural gas sales during the first quarter of this year. Murex LNG carrier (Image courtesy of Shell) Shell sold 19 million tonnes of LNG in the January-March period, compared to 17.51 million tonnes in the same

Australia’s Origin hit by lower APLNG revenue

30 Apr No Comments gregsamuel_e5x9azx4 LNG World News, Uncategorized

Origin Energy saw lower quarterly revenue from the Australia Pacific LNG project but it managed to renegotiate a crucial supply deal with China’s Sinopec. Image courtesy of ConocoPhillips Origin Energy, which holds a 37.5 per cent stake in the APLNG project, said Thursday the first price review under Sinopec’s long-term

© 2018 Lloyds Energy