zoomImage courtesy of Energy Transfer Energy Transfer and Shell have issued an invitation to EPC contractors to bid for the proposed Lake Charles LNG large-scale export project conversion job. The invitation to tender to bid for the engineering, procurement, and construction (EPC) contract to convert the existing Lake Charles LNG import
Top news of the week April 29-May 4
Image courtesy of Shell BP Shipping adds six LNG carriers to its fleet BP Shipping added six new liquefied natural carriers to its fleet following a $1.3 billion ship build project. Australia: Port Kembla FSRU project gets planning approval The New South Wales government has given planning approval for Australian
GasLog plunges to first-quarter loss
zoomImage courtesy of GasLog Monaco-based LNG shipper GasLog reported a $10.9 million loss for the first quarter of 2019, relatively weak LNG commodity and shipping markets. The company noted in its report the loss, which compares to a $19.3 million profit, is mainly due to the unfavorable movement in mark-to-market
Brittany Ferries LNG-powered vessel delivery pushed to 2020
Image courtesy of Brittany Ferries French shipping company Brittany Ferries noted that its LNG-powered cruise ferry Honfleur will certainly miss the start of the summer 2019 season, the original delivery date. In a brief update on the Honfleur project website, Brittany Ferries said the vessel will not be delivered on
Gasum’s Q1 revenue edges up
zoomImage courtesy of Gasum Finish energy company Gasum reported a 2 percent rise in revenue boosted by “exceptionally cold spell” during the period. Revenue figures hit €396.6 million ($442.4 million) which compares to €390.5 million in the first three months of 2018. Speaking of the results, Gasum’s CEO Johanna Lamminen
Lloyd’s Register approves HMD’s LNG-fueled tanker design
Image courtesy of Lloyd’s Register Hyundai Mipo Dockyard (HMD) has received approval in principle (AiP) from Lloyd’s Register for an LNG-fueled 50,000-dwt class MR tanker design. To aid compliance with the global sulphur in fuel oil limit of 0.50% m/m, which comes into effect on 1 January 2020, HMD has
Shell CFO: first Prelude LNG cargo set for Q2
Image courtesy of Shell The Hague-based LNG giant Shell expects to ship its first cargo of the chilled fuel from its giant Prelude floating LNG facility located offshore Western Australia. The facility has already shipped the first cargo of condensate in March. Speaking to the media during the presentation of
GasLog lays keel for new LNG carrier at SHI
Image courtesy of GasLog Monaco-based LNG shipper GasLog said it has held a keel laying ceremony for its liquefied natural gas carrier currently under construction at the South Korean Samsung Heavy Industries shipyard. According to GasLog’s website The vessel with the hull number 2274 will be capable of transporting 180,000
U.S. Department of Energy grants non-FTA export permit to Port Arthur LNG
Port Arthur LNG (Image courtesy of Sempra Energy) Sempra Energy’s unit Port Arthur LNG has received authorization to export around 13.5 million tonnes per year of domestic-produced LNG to countries that do not have a free-trade agreement (FTA) with the U.S. Sempra Energy said that U.S. Secretary of Energy Rick
SHI scores eighth LNG carrier order of 2019
Illustration purposes only (Image courtesy of SHI) South Korean shipbuilder Samsung Heavy Industries has booked a new order for a liquefied natural gas carrier. The company said in a brief statement the order worth 222 billion South Korean Won ($189.7 million) from an unnamed shipowner. This brings the company’s order