Kaguya; Image courtesy: Kawasaki Heavy Industries Japan’s LNG bunkering vessel Kaguya carried out its first ship-to-ship LNG fuel supply on October 20 marking the start of LNG bunkering business in the Chubu region. The bunkering operation comes on the back of the vessel’s naming ceremony held back in September. The
BW LPG retrofit takes to sea trials
BW LPG has kicked off a week-long sea and gas trials for its pioneering very large gas carrier (VLGC). Courtesy of BW LPG The company noted in its statement that BW Gemini has been retrofitted with liquefied petroleum gas dual-fuel propulsion technology. BW Gemini has achieved a milestone as the
Pilot LNG, GAC ink LNG supply HoA
Texas-based Pilot LNG executed a Heads of Agreement with GAC Bunker Fuels (GAC) for the supply of LNG as a marine fuel. Courtesy of Pilot LNG The liquefied natural gas will be supplied from Pilot LNG’s Galveston bunker port terminal project, which will be the first dedicated LNG bunker terminal
Wärtsilä bags tech order for ethane-fueled VLECs
The Finnish technology group Wärtsilä has been contracted to supply the cargo handling and fuel supply system for two new 98,000 cbm Very Large Ethane Carriers (VLEC). Illustration of a very large ethane carrier (Courtesy of Wärtsilä) The vessels are being built at the Samsung Heavy Industries (SHI) shipyard in
Exmar settles Tango FLNG dispute with YPF
Belgium’s Exmar, the Nicolas Saverys-led shipowner, has finally settled its dispute with YPF over the Tango FLNG deal. Courtesy of Exmar Under the settlement, effective October 19, YPF will pay $150 million to Exmar in consideration of the early termination of the agreements and withdrawing the arbitration proceedings. The first
Saga Tankers rebrands, invests in renewables
Norwegian shipping company Saga Tankers has moved into the renewable energy sector with a new investment into a hydrogen fuel company. As part of the renewable energy strategy, the company will divest non-core assets and change its name to Saga Pure ASA. The company has appointed Bjørn Simonsen as Chief
Squadron takes full control of Port Kembla LNG project
Squadron Energy, led by the Australian billionaire Andrew Forrest, has taken full control of the Port Kembla LNG project. Courtesy of AIE To remind, the project was proposed by Australian Industrial Energy (AIE), a company formed by Squadron Energy and Japan’s Marubeni Corporation and JERA. Under the new agreement, Squadron
Nakilat reports 23.6 per cent profit jump
Qatar’s Nakilat, the world’s largest LNG shipper, reported a 23.6 per cent jump in the third quarter of 2020. Courtesy of Nakilat The Qatari LNG shipping giant posted a net profit of 900 million Qatari Riyals ($247.2 million) which compared to 728 million Qatari Riyals in the third quarter of
Total delivers its first carbon-neutral LNG cargo
French energy giant Total said it has delivered its first carbon-neutral liquefied natural gas (LNG) cargo. Courtesy of Total The company said on Tuesday, October 20, that the cargo was loaded at the Ichthys LNG project in Australia. It was unloaded at the Dapeng terminal in China for the Chinese
Wärtsilä tech ordered for Harvey’s LNG-fueled PSVs
The Finnish technology group Wärtsilä has been contracted to supply its energy storage system (ESS) to be retrofitted on four Harvey Energy class LNG-fueled platform supply vessels (PSVs). Courtesy of Wärtsilä The fifth vessel in this class was earlier fitted with a Wärtsilä ESS. When the upgrade project is completed,