Image courtesy of BW LNG BW LNG, a unit of the Singapore-based gas shipping giant BW Group, said that two liquefied natural gas newbuilds have been named in South Korea. The two vessels under construction at the South Korean Daewoo Shipbuilding & Marine Engineering (DSME) yard, known as H2489 and
Exmar’s half-year loss deepens
zoomImage courtesy of Exmar Belgium’s Exmar, the Nicolas Saverys-led shipowner, reported a deepening loss in the first half of the year. According to a company statement, net loss reached $14.5 million which compares to a $10.2 million loss reported in the corresponding quarter last year. Exmar noted that whilst at
SSRC Technologies unveils new LNG tank
Image courtesy of SSRC Technologies SSRC Technologies, a privately held containment systems company based in Asker, Norway, unveiled its new containment solution for small and mid-scale liquefied gas carriers. In cooperation with Moss Maritime, the patented Type B containment system has been specifically developed for the mid-scale LPG, NH3, Petchem
Energy Transfer, Shell seek Lake Charles LNG permit extension
zoomImage courtesy of Energy Transfer Energy Transfer and Shell have filed a request with the Federal Energy Regulatory Commission to extend its deadline for the completion of the Lake Charles LNG export project. In its filing, Lake Charles LNG noted it is requesting the permit for the project to be
Top news of the week September 2-7
Illustration purposes only (Image courtesy of McDermott) First Gen Corp picks JGC as Batangas LNG EPC contractor Philippine utility First Gen Corporation said it has selected Japan’s JGC Corporation as its preferred EPC contractor for the Batangas LNG terminal project. Arctic LNG 2 partners make FID Arctic LNG 2 partners
FESCO inks LNG supply deal with Chinese counterparts
Image courtesy of FESCO Russian logistics company FESCO and its Chinese counterparts Best Ship Energy Management and Zhe Jiang Rui Neng Ocean Shipping have partnered up on LNG transport. According to FESCO’s statement, the companies have agreed to develop intermodal transport of liquefied natural gas in tank containers from Russia’s
Australia: Gladstone LNG exports up in August
zoomImage courtesy of Bechtel LNG exports from the three liquefaction plants located on Curtis Island off Gladstone reached 1.79 million tons of LNG in August. The volume was spread across 27 cargoes, data from the Gladstone Ports Corporation shows. Compared to the corresponding month in 2018, when the three facilities
Gazprom, KOGAS eyeing tighter LNG cooperation
Image courtesy of Gazprom Russian giant Gazprom and South Korea’s KOGAS have voiced readiness to expand their cooperation in the area of LNG. During a meeting at an industry forum in Vladivostok Gazprom’s head Alexey Miller and KOGAS president and CEO Hee-Bong Chae, reviewed the state and prospects of cooperation
Lithuania: Klaipeda LNG volumes rise in August
zoomImage courtesy of Klaipedos Nafta Liquefied natural gas (LNG) regasification volumes at Lithuania’s first and only import terminal in the port of Klaipeda increased in August. The terminal operator Klaipedos Nafta’s data shows that the company’s LNG import terminal and its small-scale LNG facility have regasified and reloaded 1.52 TWh
Russian trio partners up LNG bunkering development
Image courtesy of Gazprom Russian trio Gazprom Gazomotornoye Toplivo, Gazpromneft Marine Bunker, and United Shipbuilding Corporation (USC) have signed a memorandum of understanding on advancing the use of LNG as a marine fuel. The parties intend to cooperate in developing LNG-powered vessels, interacting with potential consumers from among shipping companies,