Image courtesy of BW LNG BW LNG, a unit of the Singapore-based gas shipping giant BW Group, said it has taken delivery of BW Magnolia from the South Korean Daewoo Shipbuilding and Marine Engineering (DSME) shipyard. In a brief statement through its social media channels, BW LNG noted that the vessel
Image courtesy of Cryopeak LNG Solutions Cryopeak LNG Solutions Corporation, based in Richmond, British Columbia, has completed the largest-ever North American delivery of liquefied natural gas (LNG) by truck. The delivery will be used to power the Silvertip mine on the Yukon/BC border owned by Coeur Silvertip, a unit of
zoomImage courtesy of Gazprom Russian giant Gazprom said that the keel-laying for the country’s first passenger ship to be powered by liquefied natural gas (LNG) was held at the Zelenodolsk shipyard. Chaika LNG leisure and sightseeing vessel is intended for passenger voyages, including via tourist routes. The vessel, which can
zoomIllustration purposes (Image courtesy of Port of Zeebrugge) The multi-sector industry coalition SEA-LNG noted that an independent investment study backs commercial benefits of LNG as fuel for a newbuild 210,000 DWT ore carrier sailing from Australia to China. The study illustrates strong returns on investment for LNG as a marine
Image courtesy of Tellurian U.S. LNG export project developer, Tellurian has extended its memorandum of understanding with India’s Petronet LNG for the delivery of chilled fuel from the Driftwood LNG project. Under the MoU, Petronet and its affiliates intend to negotiate the purchase of up to five million tonnes per
Image courtesy of BW LPG BW LPG said it has exercised another option for the delivery and retrofitting of a further four dual-fuel LPG propulsion engines. With this, BW LPG has committed to retrofit 12 of its very large gas carriers (VLGCs) with pioneering LPG propulsion technology, the company said
zoomImage courtesy of KBR Italian energy major Eni signed a series of agreements with paving the way for the restart of the Damietta liquefaction plant in Egypt by June 2020. The agreements have been signed with the Egyptian government, the Egyptian General Petroleum Corporation (EGPC), the Egyptian Natural Gas Holding
Image courtesy of Höegh LNG Höegh LNG’s floating storage and regasification unit Höegh Esperanza operations at the Tianjin LNG terminal in China have not been affected by the Coronavirus outbreak. The vessel completed its season in LNG carrier mode in mid-November 2019 and returned to Tianjin to resume FSRU operations,
zoomImage courtesy of Sempra Energy San Diego-based energy company and LNG operator Sempra Energy reported a jump in earnings in 2019 that is lauded as one of the company’s strongest year in history. Sempra Energy reported full-year earnings of $2.1 billion, up from $924 million in 2018. “This year has
zoomImage courtesy of TechnipFMC LNG engineer TechnipFMC saw its 2019 profit drop further into the red reporting a net loss of $2.4 billion, impacted by a $2.7 billion after-tax charge and credits. The company’s revenue jumped 6.8 percent from $12.5 billion in 2018 to $13.4 billion in 2019, TechnipFMC said