Image courtesy of Wärtsilä Finnish technology group Wärtsilä and Samsung Heavy Industries (SHI) have signed a joint development project (JDP) agreement aimed at establishing a more efficient solution for LNG carrier and shuttle tanker vessels. Overall cost optimization, including both CAPEX and OPEX, is among the project aims, Wärtsilä said
zoomL to R: Mark Darley, president of North Asia Marine and Offshore, Lloyd’s Register and DSME CEO Sung-Geun Lee (Image courtesy of DSME) South Korea’s shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has received general approval from Lloyd’s Register (LR) for the company’s LNG cargo containment system. DSME said
Classification society DNV GL noted in its new LNG report that the vast majority (85%) of professionals working in the liquefied natural gas (LNG) sector believe that more investment is needed in LNG infrastructure to satisfy forecasts for growing global demand after 2025. However, more than two-thirds (69%) stated that
Image courtesy of MAN Energy Solutions The double-ended RoPax ferry Elio, designed by LNG Marin, for Italian shipowner Caronte & Tourist has entered service. The vessel features MAN Cryo – MAN Energy Solutions’ marine LNG fuel-gas supply system, and has been built at the Sefine Shipyard in Yalova, Turkey. The
Image courtesy of BBG Sweden-based Furetank has signed a contract for a 17,999 dwt dual-fuel product tanker at Avic Dingheng Shipbuilding. Furetank said on Wednesday that the agreement with the yard included an option for one further vessel. The new vessel will be identical with the series of six sister
zoomImage courtesy of Commonwealth LNG The US Coast Guard has provided a letter of recommendation to FERC on the Calcasieu Ship Channel’s suitability to support LNG marine traffic from the proposed Commonwealth LNG project. The Coast Guard said that it sent a letter with a favorable recommendation for the Calcasieu
Image courtesy of Total France’s Total and Chinese independent company Guanghui have signed a long-term sale and purchase agreement (SPA) for the supply of 0.7 million tonnes per year of LNG for a period of 10 years. Total said on Wednesday that the gas would be delivered to Guanghui’s regasification
One of Jera’s LNG carriers; Image courtesy of KHI JERA Global Markets (JERAGM) has launched its LNG business following the merging of JERA and EDF Trading’s LNG optimization and trading activities. To remind, the companies announced the completion of the merging on Tuesday, April 2, and stated that JERAGM would
Image courtesy of ExxonMobil PNG LNG project partners have entered into a mid-term LNG sale and purchase agreement with Unipec. Santos, one of the partners in the PNG LNG project, said on Tuesday that the contract with Unipec, a wholly-owned subsidiary of Sinopec, was for the supply of LNG set
Image courtesy of Tellurian French energy major Total has decided to make a further investment in the Driftwood LNG project led by US LNG export project developer Tellurian. Total said on Wednesday that it signed a series of agreements set to strengthen the partnership between the two companies to develop