Report: Inpex sells Ichthys LNG cargo at record low price
Gondan begins construction of Østensjø Rederi CSOVs
28
Apr
Gondan Shipbuilders has started the construction of two commissioning service operation vessels (CSOVs) for Østensjø Rederi. In October 2019, Østensjø Rederi signed a letter of intent for the construction of four CSOVs to meet the increasing demand in the offshore wind market. According to the latest information from the Norwegian company,
BP profit slips on demand destruction and low prices
28
Apr
Oil major BP reported a significant decline in its quarterly profit due to lower prices and the destruction of oil demand by the coronavirus crisis. BP on Tuesday posted an underlying replacement cost profit for the first quarter of $0.8 billion, compared with $2.4 billion for the same period a
UK books first LNG cargoes for May
28
Apr
Liquefied natural gas terminals on the shores of the United Kingdom’s Milford Haven waterway have booked the first May cargoes. Milford Haven Port Authority shipping data shows that the Q-Max LNG carrier Shagra is heading for South Hook LNG terminal. The vessel capable of transporting up to 266,000 cubic meters
Indonesia’s PLN cancels two Tangguh LNG cargoes
28
Apr
Indonesia’s state power company PT Perusahaan Listrik Negara has reportedly cancelled two shipments of liquefied natural gas from the BP-operated Tangguh plant. The cargoes of around 213 billion British thermal units per day were for May delivery, Reuters reported on Tuesday citing Arief Setiawan Handoko, a deputy at oil and
Venture Global lifts first Calcasieu Pass LNG tank roof
27
Apr
Venture Global LNG has lifted the roof on the first LNG storage tank at its Calcasieu Pass LNG export facility in Cameron Parish, Louisiana. Image courtesy of Venture Global LNG The contractor completed the milestone on schedule some eight months after the project’s final investment decision the company said in
ClassNK awards AIP to Imabari’s LPG dual-fuelled bulker
27
Apr
Japan’s classification society ClassNK has granted an Approval in Principle (AiP) to Imabari Shipbuilding Co. for the concept design of a 180,000 DWT LPG dual-fuelled bulk carrier developed in cooperation with Mitsubishi Shipbuilding Co. This was the first LPG dual-fuelled bulk carrier in the world to be granted an AiP,
KN puts LNG terminal capacity up for grabs
27
Apr
KN, the operator of the Lithuanian liquefied natural gas (LNG) terminal, launched the LNG terminal capacity allocation procedure for the gas year starting October 1, 2020. Illustration purposes only (Image courtesy of Klaipedos Nafta) “For the second year in a row, we have recorded extremely high-performance results of the LNG
Chinese shipyard wins Hartmann LPG order
27
Apr
Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering has won an order to build liquefied petroleum tankers for Germany’s Hartmann Group. Image courtesy of CIMC Sinopacific Offshore & Engineering The contract includes the construction of three 5000 cubic meter LPG ships and additional order for two vessels. CIMC SOE, which
PGNiG says Gazprom did not slash gas prices
27
Apr
Poland’s dominant gas firm PGNiG claims that Russian giant Gazprom has not reduced gas prices despite a court ruling last month. The arbitration tribunal in Stockholm ruled in March that Gazprom must pay PGNiG about $1.5 billion in a pricing dispute case. The court also ruled that a gas pricing