The transition of the global shipping industry to fuels compliant with the IMO 2020 sulphur cap seems to be running smoothly with marginal non-compliance issues. According to the Port of Singapore, the world’s largest bunker hub and one of the largest trading hubs in the world, about 96% of the
A joint venture consisting of Chinese shipowner Cosco and energy giant CNPC is to order three liquefied natural gas carriers at Hudong Zhonghua Shipbuilding. The price for each of the 174,000 cubic meter LNG carriers is $185 million, according to a statement by Cosco Shipping Energy Transportation. The vessels will
Uniper’s unit Liqvis has opened its second permanent liquefied natural gas (LNG) filling station in Kassel. It is the first such facility in Grünheide near Berlin. The facility replaces the mobile station that has been stationed in Kassel up until now. Liqvis is planning to relocate this now-superfluous mobile filling
The United States Department of Energy informs it has received Epcilon LNG’s application seeking long-term natural gas export permit. Image courtesy of Amigo LNG Epcilon LNG is looking to export up to 395 billion cubic feet of domestically produced natural gas per year (7.9 mtpa) to Mexico. The company intends
Qatari maritime group Qatar Navigation (Milaha) Q.P.S.C. closed the first quarter of this year with a slight increase in its net income, driven by higher earnings of the company’s tanker and gas carrier business. Milaha’s net profit rose by 1.8 per cent to QAR 283 million (around USD 78 million)
Chinese shipbuilder Cosco Shipping Heavy Industry said it has delivered a 28,000 cubic meter liquefied natural gas carrier. Image courtesy of Cosco Shipping Heavy Industry This is the first-ever LNG vessel built and delivered by Cosco Shipping Heavy Industry’s Dalian shipyard, the shipbuilder said in a statement. Dalian Inteh Group
Japanese utility, Tokyo Gas revised its results forecast flagging a ¥28.4 billion ($262.7 million) impairment losses for the year ended March 2020. Image courtesy of Tokyo Gas The impairment losses are a result of a re-evaluation of the upstream projects in the United States, Ichthys LNG project in Western Australia
Hong Kong-based consulting services provider SeaQuest Marine Project Management has been entrusted with the construction supervision job for three Green 5th Generation zero-emission roll-on/roll-off (RoRo) newbuilding vessels ordered by Finnlines. The vessel trio is being built at China Merchants Group’s Nanjing Jinling Shipyard in China. Finnlines, a Finnish shipping company
Saga LNG Shipping’s Saga Dawn, the world’s first LNG carrier featuring the A LNG containment system, has loaded its first cargo at Singapore LNG. Image courtesy of Saga LNG Shipping The vessel capable of transporting 45,000 cubic meters of liquefied natural gas loaded its first full cargo before departing on
The Freeport LNG export project in Texas led by billionaire Michael Smith is seeking from the US energy regulators to place its third and final train into commercial operation. Image courtesy of Freeport LNG Freeport LNG said in a letter to the Federal Energy Regulatory Commission it requests authorization to