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BW takes delivery of BW Magnolia

28 Feb No Comments gregsamuel_e5x9azx4 LNG World News

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

Cryopeak makes Super B-Train LNG delivery

28 Feb No Comments gregsamuel_e5x9azx4 LNG World News

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

Keel laid for Russia’s first LNG-fueled passenger ship

28 Feb No Comments gregsamuel_e5x9azx4 LNG World News

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

New SEA-LNG study backs LNG-fuel investment

28 Feb No Comments gregsamuel_e5x9azx4 LNG World News

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

Tellurian, Petronet extend Driftwood LNG MoU timing

28 Feb No Comments gregsamuel_e5x9azx4 LNG World News

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

BW LPG to expands LPG-fueled VLGC’s order

28 Feb No Comments gregsamuel_e5x9azx4 LNG World News

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

Eni closes in on restarting Damietta LNG plant

27 Feb No Comments gregsamuel_e5x9azx4 LNG World News

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

Coronavirus not affecting Höegh Esperanza FSRU in Tinajin

27 Feb No Comments gregsamuel_e5x9azx4 LNG World News

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,

Sempra Energy reports jump in annual profit

27 Feb No Comments gregsamuel_e5x9azx4 LNG World News

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

TechnipFMC loss deepens as revenue picks up

27 Feb No Comments gregsamuel_e5x9azx4 LNG World News

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

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