Norway’s TeamTec said it has secured a contract from compatriot Höegh LNG to supply equipment for the latter’s two liquefied natural gas carriers. Arctic Princess and FSRU Independence (Image courtesy of Hoegh LNG) TeamTec will supply new ballast water management systems with electro chlorination for the 2006-built Arctic Princess and
Source: Rauma Marine Constructions. Despite the exceptional circumstances due to the coronavirus pandemic, the construction of the Aurora Botnia, Wasaline’s new car and passenger ferry, is progressing according to schedule, the company said in a recent update. The ship is being built by Finnish shipbuilder Rauma Marine Construction and
The United States exported more liquefied natural gas cargoes in the week ending May 6 when compared to the week before, according to the Energy Information Administration. Image courtesy of Cheniere The agency said in its weekly gas natural gas report that five US terminals dispatched 15 LNG shipments between
Greece-based LNG shipping company GasLog is set to take delivery of another liquefied natural gas newbuild from South Korea’s Samsung Heavy Industries. GasLog Windsor and Gaslog Wales (Image courtesy of GasLog) The 180,000 cubic meter GasLog Wales will join GasLog’s fleet on May 11, 2020, the LNG shipper said on
LNG shipper GasLog said that its chief financial officer (CFO) Alastair Maxwell has decided to step down from his position. Following the company’s decision to base its senior management in Greece, Maxwell decided not to relocate and will step down on June 30, 2020. GasLog and its New York-listed spinoff
Finnish state-owned gas company Gasum reported a 30 per cent year-on-year decline in net profit saying it only had minor impacts from the Covid-19 coronavirus pandemic. Image courtesy of Gasum Lower power and gas prices have weighed down on Gasum’s profits. Gasum’s net profit totaled 12.3 million euros ($13.3m), compared
As the envisaged transformation of the European waterborne transport would require significant investments, SEA Europe has proposed the creation of a dedicated EU Maritime Fund as an alternative to extending the EU Emission Trading Scheme (ETS) to shipping. As explained, setting up such fund would incentivize the development of green
The United States Federal Energy Regulatory Commission (FERC) issued a permit to Kinder Morgan units to continue the commissioning process at the Elba Island LNG project near Savannah, Georgia. Image courtesy of Kinder Morgan FERC said in its notice that it granted a permit to Elba Liquefaction Company and Southern