French LNG containment specialist GTT has been contracted to design tanks for six Arc7 ice-class LNG carriers. Courtesy of GTT / Roland Mouron The order has been placed by the South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME). The yard is building three of the vessels for the Japanese
Celsius Tankers, a unit of the Copenhagen-based Celsius Shipping, has found work for its newbuild trio of ultra-eco LNG carriers. Courtesy of Celsius Tankers The company said it has agreed to deploy the three LNG tankers under a charter deal with Cheniere Marketing International. Each vessel will be deployed for
The Finnish technology group Wärtsilä has been contracted to supply its reliquefaction plant for Knutsen’s LNG carrier pair. Courtesy of Wärtsilä The ships are to be built at the Hyundai Heavy Industries shipyard in South Korea. The order, which includes an option for an additional two vessels, was placed in
Naturgy, Eni and Egypt have reached a new agreement to resolve the disputes affecting Unión Fenosa Gas (UFG), a 50/50 joint venture between Naturgy and Eni. Courtesy of UFG The parties have signed an agreement whereby Naturgy will receive a series of cash payments adding up to approximately $0.6 billion,
Danish renewable energy company Ørsted has completed the sale of its liquefied natural gas (LNG) business to Glencore. Courtesy of Ørsted Ørsted has divested its LNG business due to the company’s strategic focus on renewable energy. Included in the agreement is Ørsted’s long-term agreement with the Dutch LNG regasification terminal
Novatek’s unit, Novatek Green Energy, has launched its first carbon-neutral LNG fueling station in Rostock, Germany. Illustration only (Courtesy of Novatek) Carbon neutral offsets from a carefully selected portfolio of emission reduction projects, including wind generation projects in developing countries, will be used to compensate for the LNG’s carbon footprint
South Korean shipbuilder Samsung Heavy Industries (SHI) has won an order for a liquefied natural gas carrier. Illustration only (Courtesy of GasLog) In its regulatory filing, the yard informed the order for a single LNG carrier is valued at 206.2 billion South Korean Won ($186 million). The order was placed
Canada-based Waterfront Shipping Company (WFS), a wholly-owned subsidiary of Methanex Corporation, has placed an order for eight new methanol dual-fuel vessels with South Korean shipbuilder Hyundai Mipo Dockyard. M/T Mari Couva Methanol Dual Fuel Vessel; Image by Waterfront Shipping The vessels will add to WFS’s existing fleet of 11 methanol-fuelled