Image courtesy of Awilco LNG Norwegian based LNG transportation provider Awilco reported a net loss of $8.6 million for the second quarter of 2019. According to the quarterly financial report, the loss for the quarter deepened as the company reported a $6.5 million loss for the same quarter last year.
Illustration purposes only (Image courtesy of Pakistan LNG) State-owned Pakistan LNG has named a new chief executive officer following the resignation of former CEO Adnan Gilani. Pakistan LNG said via social media that it named Shahid Yousaf as managing director and chief executive of the company. The state-owned LNG operator
Image courtesy of Høglund Marine solutions and system integration expert Høglund has been awarded a contract by Bergen Tankers to deliver a cargo handling system for an LNG bunker vessel. Høglund said that the cargo handling system would be delivered to Norway’s first-ever bunkering vessel named Bergen LNG. As part
Illustration purposes only (Image courtesy of CNOOC) Japan’s electric power supplier Hokuriku Electric has reportedly bought a liquefied natural gas (LNG) cargo for delivery in November. Citing industry sources, Reuters said that searing hot temperatures drew down inventory in the country and that lower spot prices lured buying of cargoes.
CTO of Hudong-Zhonghua Danping Lou (left), with CEO of Silverstream Noah Silberschmidt (right) Air lubrication manufacturer Silverstream Technologies has signed a Memorandum of Understanding (MoU) with shipbuilder Hudong-Zhonghua for work on future LNG carrier newbuilds. Silverstream said on Tuesday that the MoU would see the company‘s air lubrication technology integrated
Image courtesy of Cheniere Houston-based LNG exporter Cheniere Energy has received a positive environmental assessment from the FERC for a marine berth expansion project at its Sabine Pass LNG export terminal in Louisiana. The project should allow Cheniere to add 180 LNG cargoes annually, increasing the total to 580 LNG
Image courtesy of Petronet LNG India is reportedly looking to review prices of its long-term LNG contracts at an “appropriate time” due to a fall in spot prices. According to Reuters, oil minister Dharmendra Pradhan said that long-term contracts were supposed to be honored. The minister stated that India would
Image courtesy of Stabilis Energy SEA\LNG, the industry coalition accelerating the widespread adoption of LNG as a marine fuel, has expanded its membership network in the United States with Stabilis Energy. Stabilis Energy is a U.S. LNG producer and provider which owns and operates a liquefaction and storage facility in
Illustration only (Image courtesy of the LNG Marine Fuel Institute) The LNG Marine Fuel Institute has welcomed ADNOC Logistics & Services as its latest member. The LNG Marine Fuel Institute is an independent not for profit organization established to promote the best practice use of LNG as a marine fuel
Image courtesy of Höegh LNG Norway-based floating LNG giant Höegh LNG has taken delivery of its tenth floating storage and regasification unit (FSRU) at the Samsung Heavy Industries shipyard in South Korea. Höegh LNG said via social media on Tuesday that it took delivery of Höegh Galleon from SHI as