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Wärtsilä bags tech order for ethane-fueled VLECs

20 Oct No Comments gregsamuel_e5x9azx4 LNG World News

The Finnish technology group Wärtsilä has been contracted to supply the cargo handling and fuel supply system for two new 98,000 cbm Very Large Ethane Carriers (VLEC). Illustration of a very large ethane carrier (Courtesy of Wärtsilä) The vessels are being built at the Samsung Heavy Industries (SHI) shipyard in

Exmar settles Tango FLNG dispute with YPF

20 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Belgium’s Exmar, the Nicolas Saverys-led shipowner, has finally settled its dispute with YPF over the Tango FLNG deal. Courtesy of Exmar Under the settlement, effective October 19, YPF will pay $150 million to Exmar in consideration of the early termination of the agreements and withdrawing the arbitration proceedings. The first

Nakilat reports 23.6 per cent profit jump

20 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Qatar’s Nakilat, the world’s largest LNG shipper, reported a 23.6 per cent jump in the third quarter of 2020. Courtesy of Nakilat The Qatari LNG shipping giant posted a net profit of 900 million Qatari Riyals ($247.2 million) which compared to 728 million Qatari Riyals in the third quarter of

Wärtsilä tech ordered for Harvey’s LNG-fueled PSVs

19 Oct No Comments gregsamuel_e5x9azx4 LNG World News

The Finnish technology group Wärtsilä has been contracted to supply its energy storage system (ESS) to be retrofitted on four Harvey Energy class LNG-fueled platform supply vessels (PSVs). Courtesy of Wärtsilä The fifth vessel in this class was earlier fitted with a Wärtsilä ESS. When the upgrade project is completed,

Bureau Veritas approves Mitsubishi’s LNG fuel system

19 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Classification society Bureau Veritas has approves Mitsubishi Shipbuilding’s new LNG fuel gas supply system. Courtesy of Bureau Veritas Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI), received the approval in principle (AiP) for a liquefied natural gas fuel gas supply system (FGSS) for marine four-stroke dual-fuel engines. The FGSS

Japan’s monthly LNG imports edge up

19 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Japanese imports of liquefied natural gas (LNG) edged up in September following a two-month decrease. Illustration purposes only (Courtesy of Tokyo Gas) The provisional data released by Japan’s Ministry of Finance shows that imports reached 6.5 million tons of LNG in September. This is 1 per cent up on the

GTT strengthens focus on hydrogen with Areva H2Gen acquisition

19 Oct No Comments gregsamuel_e5x9azx4 LNG World News

French liquefied natural gas (LNG) containment specialist, GTT, acquired Areva H2Gen, firming its commitment to the energy transition. Courtesy of Areva H2Gen Specialized in the conception and assembly of electrolyzers for the production of green hydrogen, Areva H2Gen is using Proton Exchange Membrane (PEM) technology and is the only company

Erdoğan: Tuna-1 Black Sea discovery holds 405 bcm of natural gas

19 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Turkish President Recep Tayyip Erdoğan has visited the Fatih drillship to announce an increase in discovered resources at the Tuna-1 (Danube-1) offshore well in the Black Sea. Recep Tayyip Erdoğan speaking onboard the Fatih drillship; Source: Erdoğan’s Twitter account In a press conference on Saturday held on the helideck of

Pirates kidnap seafarer from LNG carrier in the Gulf of Guinea

19 Oct No Comments gregsamuel_e5x9azx4 LNG World News

An LNG carrier has been boarded and attacked by pirates in the Gulf of Guinea, resulting in the kidnapping of one crew member. The Marshall Islands-flagged ship, identified as Methane Princess, was boarded whilst at anchor off Malabo, Equatorial Guinea, on 17 October, Dryad Global said. As informed, the 138,000

EIA: U.S. LNG exports see minimal impact from Hurricane Delta

16 Oct No Comments gregsamuel_e5x9azx4 LNG World News

U.S. LNG export facilities have endured a fair share of Hurricane activity in 2020, with this being the second most active Atlantic hurricane season on record. Image courtesy of Sempra LNG Six weeks after Hurricane Laura made landfall near Cameron, Louisiana, another hurricane, Hurricane Delta, made landfall as a Category

EPS bulker newbuilds to get MAN dual-fuel ME-GI engines

16 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Germany’s engine manufacturer MAN Energy Solutions has received an order for five 6G70ME-GI Mk 10.5 dual-fuel engines to be installed on five Newcastlemax bulk carriers ordered by Singapore-based shipping company Eastern Pacific Shipping (EPS). Last month, EPS sealed an agreement to charter the five 210,000 dwt LNG dual-fuel bulkers to

EnergyQuest: Australian nine-month LNG exports up

16 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Australian LNG exports in the first nine months of the year have still edged up in 2020, despite the COVID-19 effects. Courtesy of Woodside Energy consultancy EnergyQuest noted that Australia exported a total of 57.7 Mt of LNG in the first nine months of the year, slightly more than the

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