Image courtesy of Fluxys Belgium P. Henderyckx Fluxys Belgium, the operator of the Zeebrugge LNG terminal on Wednesday reported a drop in net profit for the year 2018 despite high terminal activity. The company’s net profit for the year reached €54.47 million ($61.3 million) down €15.8 million compared to 2017
zoomMonfalcone yard (Image courtesy of Fincantieri) Princess Cruises and shipbuilder Fincantieri have signed final contracts for the construction of two next-generation 175,000-ton dual-fueled cruise ships. Princess Cruises said on Thursday that the two vessels would be the largest ships ever built in Italy, with deliveries scheduled in Monfalcone in late
LNG-powered fast ferry Megastar (Image courtesy of Tallink Grupp) Estonian shipping company Tallink Grupp firmed up the deal for the construction of a new LNG fast ferry for the Tallinn – Helsinki route shuttle operations with Rauma Marine Constructions. Similarly to the group’s newest vessel Megastar, the new shuttle ferry
Illustration purposes only (Image courtesy of Golar LNG9 Agility Gas Technology contracted Herbert Engineering to develop a ship design concept for atmospheric-pressure cryogenic-liquid chemical transport ships. Specific designs are under development for very large volume liquid ethylene, ethane and propylene transport, HEC said in its statement. Agility Gas Technology’s patented
Image courtesy of Fluxys Belgium – P. Henderyckx The Fluxys-operated Zeebrugge liquefied natural gas terminal in Belgium is scheduled to receive two cargoes of the chilled fuel from Qatar. The first of the two cargoes is being transported onboard the 216,200-cbm Q-Flex LNG carrier Al Sahla. The vessel is scheduled
Image courtesy of Anthony Veder The Dutch shipping company Anthony Veder has taken delivery of two 10,000-cbm combined gas carriers, which can transport liquefied natural gas (LNG) and petrochemical gases including ethylene (LEG). With this transaction, Anthony Veder expands its fleet to 33 vessels and with eight small scale LNG
zoomImage courtesy of Nakilat Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, has established a new joint venture with John Angelicoussis-led Maran Ventures. Under the agreement, Nakilat will have a 60 percent stake in the JV named Global Shipping while Maran Ventures will hold the remaining 40
Image courtesy of Höegh LNG Norway-based FSRU provider Höegh LNG said its floating storage and regasification unit Independence has recently completed maintenance and class renewal surveys. In a brief social media statement, Höegh LNG said the unit, serving as Lithuania’s LNG import terminal has returned to normal operations. The task
Image courtesy of Tellurian US LNG export project developer, Tellurian, intends to reach a final investment decision on its 27.6 mtpa Driftwood LNG project near Lake Charles, Louisiana, on the U.S. Gulf Coast, in the first half of the year. Speaking to Reuters, Tellurian’s CEO, Meg Gentle, said the company
Image courtesy of Nakilat LNG vessels of Qatar’s Nakilat, the world’s largest liquefied natural gas (LNG) shipping company, have completed 38 transits of the expanded Panama Canal. Since the New Panama Canal has been in operation, Nakilat’s LPG vessels have transited through the Canal 16 times while joint-venture conventional LNG