zoomImage courtesy of Pall-Ex Pall-Ex pallet delivery network took on its first liquefied natural gas-fueled truck on trial. The Volvo FM LNG tractor unit combines LNG with a diesel engine in order to lower emissions, the Society of Motor Manufacturers and Traders (SMMT) said in its statement. The unit emits
Adriatic LNG hits 10-year operations milestone
zoomImage courtesy of Adriatic LNG Adriatic LNG, the operator of the regasification terminal located off the Italian Veneto coast marked a milestone of 10 years since the regasification activities started. The terminal supplies 10 percent of national natural gas consumption and contributing to the energy transition towards more sustainable sources.
MAN to supply LNG fuel-gas system for LoLo newbuild
zoomImage courtesy of Multi Maritime MAN Energy Solutions’ marine LNG fuel-gas-system manufacturer has been contracted to supply an LNG fuel-gas supply system for Norwegian shipowner, Egil Ulvan Rederi newbuild. MAN informed the LNG fuel-gas system will be supplied for a ‘multipurpose palletized cargo and refrigerated vessel, also known as a
Gloryholder LGM tech ordered for eight LNG-fueled PSVs
Image courtesy of Gloryholder LGM Gloryholder LGM has signed a contract with Wuchang Shipbuilding Industry Group to supply LNG fuel gas systems for eight 4000HP LNG powered PSVs being built for China Oilfield Services (COSL). The LNG systems will be delivered to the shipyard during the first half of 2020,
Japan’s August spot LNG prices plummet year on year
Illustration only. Image source: Pixabay under CCO Creative Commons license. Japanese imports of liquefied natural gas (LNG) have edged up in August from the previous month, but plummeted year on year. Data from the Japanese Ministry of Economy, Trade and Industry (METI) shows the contract-based price jumped from $4.7 in
Wison secures rights to build JMU’s SPB LNG tanks
Image courtesy of Wison Wison (Nantong) Heavy Industry, a unit of Wison Offshore & Marine, has signed a strategic exclusive deal with Japan Marine United Corporation (JMU) for the fabrication of SPB LNG tanks. Under this agreement, Wison will fabricate SPB containment system with design and technical know-how from JMU,
Freeport LNG secures $1 bln for Train 4
Image courtesy of Freeport LNG Freeport LNG and Westbourne Capital have executed definitive agreements for a $1.025 billion loan that will fund Freeport LNG’s proposed fourth natural gas liquefaction train on Quintana Island in Freeport, Texas. Under the agreement, Westbourne and its co-investors will exclusively provide the loan to a
U.S. LNG cargo heading for Portugal
H-Energy inks port service deal with Kakinada Seaports
Image courtesy of H-Energy India’s H-Energy, a unit of real estate group Hiranandani, signed a port service agreement with Kakinada Seaports (KSPL) at Hyderabad. KSPL has the concession for Kakinada Deep Water Port from Government of Andhra Pradesh. Under the PSA, H-Energy will develop an LNG regasification and reloading terminal
Hyundai Samho nets LNG carrier order for H-Line Shipping
Illustration purposes only (Image courtesy of H-Line Shipping) Hyundai Samho Heavy Industries, a unit of the South Korean shipbuilder Hyundai Heavy Industries, scored an order for a liquefied natural gas carrier. The order is valued at 228 billion South Korean won ($191.1 million), the company said in a filing to