zoom Classification society ABS granted approval in principle (AIP) to the Marine Design & Research Institute of China (MARIC) for a new dual fuel design for a 210,000 DWT bulk carrier. MARIC, a subsidiary company of China State Shipbuilding Corporation group, is developing a 294m Newcastlemax bulker with an LNG
zoomImage courtesy of Pieridae Energy Canada’s Pieridae Energy has been given a green light by the Nova Scotia Utility and Review Board to build its the Goldboro LNG facility at the Goldboro Industrial Park in Guysborough County, Nova Scotia. Pieridae will now proceed to satisfy each of the associated conditions of that
zoomImage courtesy of Klaipedos Nafta The European Commission has approved the compensation granted by Lithuania to Litgas for supplying a mandatory quantity of liquefied natural gas to the LNG terminal in Klaipėda. In November 2013, the Commission approved under EU State aid rules an aid scheme to support the construction and
zoomImage courtesy of Sovcomflot Lomonosov Prospect, the second in the series of Sovcomflot’s six LNG-fueled Aframax tankers completed a commercial voyage along the Northern Sea Route (NSR). The LNG-powered vessel is delivering a cargo of petroleum products from South Korea to Northern Europe. The voyage from Cape Dezhnev at Chukotka to Cape
zoomImage courtesy of Anadarko Woodlands-based Anadarko said it is pushing forward the Mozambique LNG project while keeping it on track for a final investment decision in the first half of 2019. The company and its co-venturers in the project have made progress on converting the non-binding LNG offtake agreement to fully-termed
Image courtesy of Milaha Doha-based Qatar Navigation (Milaha) reported an increase in net profit for the first nine months of the year. The company’s net profit for the first nine months reached 400 million Qatari Riyals ($109.9 million), compared to 363 million Qatari Riyals reported in the corresponding period last
LNG carrier Pacific Breeze at Naoetsu LNG terminal (Image courtesy of Inpex) Japan’s Inpex said on Wednesday that its Naoetsu LNG terminal in Niigata Prefecture received the first liquefied natural gas (LNG) cargo from the giant Ichthys project in Australia. To remind, the $40 billion Inpex-operated Ichthys LNG export project shipped
Image courtesy of Skangas Nordic LNG company Skangas, a unit of Gasum, has agreed to supply Gothia Tanker Alliance to supply liquefied natural gas (LNG) as fuel. The new agreement comprises current as well as new vessels with LNG propulsion soon to come, SKangas said in its statement. Swedish shipping companies,
zoomImage courtesy of Cheniere The US Federal Regulatory Energy Commission (FERC) has approved a request by LNG player Cheniere to load and export commissioning cargoes at its Corpus Christi liquefied natural gas plant in Texas. Cheniere filed a request on October 25 for Corpus Christi Liquefaction to export by vessels the
zoomImage courtesy of KBR Houston-based LNG engineer KBR posted a rise in the third quarter profit as the markets showed healthy demand the company benefited from. The company’s third-quarter profit reached $58 million, up from the $45 million in the corresponding quarter in the previous year. Stuart Bradie, KBR president