Fosmax LNG, a unit of the French LNG terminal operator Elengy, has completed a milestone unloading at the Fos Cavaou terminal. Image courtesy of Fosmax LNG Through its social media channels, Fosmax LNG said that over the weekend it has unloaded its fourth Q-Max LNG carrier at the facility. The
Russian independent LNG export player Novatek has registered a new licence to underpin its liquefied natural gas expansion activities in the Arctic. Novatek’s unit Arctic LNG 1 registered licence number SLH 16637 NR for geological survey, exploration and production at the Bukharinskiy licence area on the Gydan peninsula. Novatek operates
Source: BW LPG BW LPG, the world’s largest liquid petroleum gas shipping company, has adapted the LPG retrofit schedule for its Very Large Gas Carriers (VLGCs) to the prevailing market conditions leaving the ships to trade a bit longer in the strong near term market. “The four first retrofits are
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,
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
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 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 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
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,