Classification society Nippon Kaiji Kyokai (ClassNK) has released its guidelines for membrane systems on liquefied gas carriers. ClassNK said that the guidelines specify the technical requirements for evaluating structural strength using finite element analysis when designing membrane-type liquefied gas carriers. As with the society’s other guidelines for structural strength evaluation,
The Freeport LNG export project in Texas has loaded its 100th LNG cargo, which departed from the terminal on 30 October. Freeport LNG loaded its first cargo in September 2019. The company began full commercial operations of its $13.5 billion three-train facility in May. In addition to achieving this 100th
A director of Flex LNG, the shipping company controlled by billionaire John Fredriksen, has resigned from the board of directors. João Saraiva E Silva Flex LNG said on Monday that João Saraiva E Silva resigned from his director position at the company. Silva has served as a director since September
Singapore-based shipping and trading company Petredec Holdings (Eastern) has signed a contract for the construction of up to six 93,000 cbm LPG carriers with dual fuel LPG propulsion at Jiangnan Shipyard in China. The contract includes three firm very large gas carriers (VLGCs) and three options. As informed, the initial
Origin Energy saw lower quarterly revenue from the Australia Pacific LNG project hindered by lower realized oil prices. Courtesy of ConocoPhillips Origin Energy, which holds a 37.5 per cent stake in the APLNG project, said the revenue reached $399 million, dropping 39 per cent from the previous quarter. Compared to
MISC Berhad, a Malaysia-based provider of energy-related maritime solutions and services, has taken delivery of its first very large ethane carrier (VLEC) at the Samsung Heavy Industries (SHI) shipyard in Geoje, South Korea. Seri Everest is the first in a series of six VLECs that MISC purchased in July 2020
Hyundai Heavy Industries, part of the Korea Shipbuilding & Offshore Engineering, has secured an order for two LNG carriers on Monday. Illustration only (Image courtesy of KSOE) In its regulatory filing, KSOE said the order is valued at 425 billion South Korean won ($375 million). The order has been placed
The fourth and final conventional Yamal LNG carrier for the MOL-COSCO JV was delivered by the Chinese Hudong-Zhonghua Shipbuilding. Courtesy of Hudong-Zhonghua Shipbuilding A company official confirmed the delivery of LNG Megrez took place on October 31, noting that all the vessels under the order have now been delivered. The