zoomImage courtesy of Sempra Energy San Diego-based energy company and LNG operator Sempra Energy reported 2017 adjusted earnings of $1.37 billion, up from $1.27 billion in 2016. The company’s adjusted earnings for the fourth quarter of the year reached $389 million, up from $383 reported in the corresponding period last
Image courtesy of Sembcorp Marine Singapore-based Sembcorp Marine said its liquefied natural gas (LNG) carrier repair business remained ‘top of the list’. The company’s president and CEO Wong Weng Sun, during the full year results briefing, said the yard repaired and upgraded a total of 34 LNG ships during 2017, more
Image courtesy of Sovcomflot Russia’s largest shipping company Sovcomflot signed on Tuesday time-charter agreements with the Hague-based energy giant Shell for two liquefied natural gas (LNG)-fuelled Aframax tankers. The vessels are part of a series of six Sovcoflot tankers currently under construction at Hyundai Heavy Industries’ unit, Hyundai Samho and
zoomImage courtesy of EIB The European Investment Bank (EIB) and ING today signed an agreement to support green investments for the European shipping market for a total value of €300 million ($370.6 million). ING and EIB will each contribute €150 million to the facility that aims to aid the transition of the shipping
zoomImage courtesy of Eidesvik Norway’s Eidesvik Offshore has secured multiple contracts for its liquefied natural gas (LNG)-fueled platform supply vessels Viking Prince and Viking Queen. PSV Viking Prince is awarded an 85-day contract with Deceiper Production for operation on the UK continental shelf with a start-up date in February 2018,
Image courtesy of GasLog Monaco-based LNG shipper GasLog reported a profit for the full-year of 2017 as compared to a net loss in the previous year. Profit attributable to GasLog owners reached $15.5 million last year as compared to a loss of $21.4 million the year before. Revenues were $525.2
Image courtesy of DEME DEME’s LNG-powered offshore multipurpose vessel, the Living Stone has caught fire on Thursday while under construction in a shipyard in Spain’s port town of Santurtzi. According to local media reports, the fire started on Thursday at around 4:55 PM local time, and was put out at
zoomImage courtesy of Cheniere Cheniere’s Sabine Pass liquefaction terminal in Louisiana, currently the only such a facility to export US shale gas overseas, has sent out less cargoes in the week ending February 14 as compared to the previous week. Five LNG vessels with a combined capacity of 17.2 billion
For illustration only (Image: Crowley) Crowley Fuels, a unit of the Jacksonville-based maritime solutions provider Crowley, has signed another multi-year supply contract with Pivotal LNG, part of Southern Company Gas. The contract, executed through Crowley subsidiary Carib Energy, calls for Crowley to transport liquefied natural gas from Pivotal facilities on the mainland