Image: DNV GL Classification society DNV GL granted approval in principle to Jiangnan Shipyard’s new liquefied natural gas (LNG) carrier design. The design was developed by the Chinese shipyard in cooperation with ship designer MARIC, GTT, DNV GL and major equipment manufacturers, according to a DNV GL statement. The “LNG JUMBO”
Freeport LNG signs Sumitomo as first Train 4 foundation customer
The three liquefaction trains currently under construction at the existing LNG import terminal (Image courtesy of Freeport LNG) US LNG export terminal developer, Freeport LNG said on Wednesday it signed a binding heads of agreement with a unit of Japan’s Sumitomo Corporation for 2.2 million tons per annum (mtpa) of LNG from the
Hoegh LNG charters FSRU to Spain’s Naturgy
Image courtesy of Höegh LNG Norway’s FSRU giant Höegh LNG has entered into a time charter contract with Spanish LNG player Naturgy for its ninth floating storage and regasification unit. The time charter starts in December 2018, immediately after the delivery of the unit and a positioning voyage from South Korean shipbuilder
ABS approves Hudong-Zhonghua’s LNG carrier design
zoomImage courtesy of ABS American Bureau of Shipping (ABS) granted approval in principle to Hudong-Zhonghua Shipbuilding’s new liquefied natural gas (LNG) carrier design. The approval of 174,000-cbm GTT MARK III Flex LNG carrier strengthens Hudong-Zhonghua Shipbuilding’s position as China’s premier LNG shipbuilder, ABS said in a statement on Tuesday. Through
APPEA says restricting LNG exports will not lower gas prices
zoomFor illustration purposes only (Image courtesy of Woodside) The Federal Labor Party’s proposal for permanent controls on Australia’s LNG exports will not lower long-term domestic gas prices, according to APPEA, the national body representing Australia’s oil and gas exploration and production industry. APPEA said in a statement on Monday that
Panama Canal alters booking system
zoomImage courtesy of the Panama Canal Authority The Panama Canal Authority said on Friday it will make changes to the waterway’s booking system for Neopanamax vessels, effective October 1. “The modifications are a step in a positive direction for the Neopanamax Locks and take into consideration the lifting of certain navigation