zoomImage courtesy of Shizuoka Gas Japanese gas utility Shizuoka Gas signed an LNG sale and purchase agreement with Clean Energy in China for the delivery of chilled fuel from the Shimizu LNG terminal in ISO containers. Shizuoka Gas has been seeking further utilization of Shimizu LNG terminal since 2017 when
Brittany Ferries LNG-powered vessel delivery delayed
zoomImage courtesy of Brittany Ferries French shipping company Brittany Ferries noted that its LNG-powered cruise ferry Honfleur will not be delivered on schedule, in time for the 2019 summer season. The delay is a result of financial setbacks at the Flensburger Schiffbau-Gesellschaft (FSG) shipyard, Brittany Ferries said in its statement. FSG was hit
India’a IOC seeking Ennore LNG commissioning cargo
Image courtesy of Indian Oil LNG Indian Oil Corporation is reportedly seeking a liquefied natural gas cargo to use for the commissioning purposes of its Ennore LNG terminal at the Kamarajar port. Citing industry sources, Reuters reports the company has sought a partial cargo to be delivered on February 25.
Wärtsilä to cut jobs after fourth-quarter profit slump
zoomImage courtesy of Wärtsilä Finnish engine maker Wärtsilä is set to cut 1,200 jobs to profitability in the coming years, as its profit saw a decrease during the fourth quarter of 2018. The company noted that its orders reached a total value of €6.3 billion ($7.2 billion) which is 12 percent above the €5.6 billion in 2017. During
Ophir, Medco agree on financial terms of potential bid
zoomImage courtesy of Ophir Energy London-based Ophir Energy on Wednesday that following negotiations with Medco, the companies have reached an agreement on the terms of the potential takeover bid. Under the agreement, Medco Global, a unit of Medco Energy, will acquire the entire issued and to be issued ordinary share
Wison granted ABS approval for floating gas to methanol unit
Image courtesy of Wison Wison Offshore & Marine has received approval in principle (AIP) from the American Bureau of Shipping (ABS) for its floating natural gas to methanol (FGTM) facility. Wison said in its statement the system is capable of eliminating heavy upfront capital expenditure during offshore LNG production. The FGTM
KN completes 20th small-scale LNG reload in Klaipeda
zoomImage courtesy of Klaipedos Nafta Klaipedos Nafta, the operator of the Lithuanian LNG terminal in the port of Klaipeda performed the 20th small-scale liquefied natural gas reloading operation. On Monday morning, the LNG feeder and bunker vessel Kairos arrived to Klaipėda LNG terminal for the reload operation, the company said
Real Energy flows Tamarama 3 gas, files for pipeline permit
Australia: Port of Dampier resumes ops as Cyclone Riley passes
zoomImage courtesy of Pilbara Port Authority Operations at the Port of Dampier located in the Pilbara region of Western Australia continued operations following tropical Cyclone Riley. Pilbara Ports Authority noted in its update on Monday that “shipping operations at the Port of Dampier have resumed in a staged manner, with all
South Korea’s Samsung Heavy nets Celsius LNG duo order
Illustration purposes only (Image courtesy of Samsung Heavy) South Korean shipbuilding giant Samsung Heavy Industries said Tuesday it won a new order to build two liquefied natural gas (LNG) carriers. Samsung will build the 419 billion won ($376m) worth LNG tankers for Copenhagen-based Celsius Tankers. The shipbuilder said it would