Image courtesy of GSPC Following numerous delays, and over a year and a half after its inauguration, Mundra LNG terminal project in India’s Gujarat state could be commissioned this week. Citing government officials, Times of India reports the facility is set to receive a commissioning cargo on Wednesday, January 22.
zoomImage courtesy of probunkers Athens-based probunkers has signed a letter of intent (LOI) with Hyundai Mipo Dockyard (HMD) for the construction of two (2) firm units of 7,600-cbm LNG bunker vessels. The signing of this LOI comes as the product of a long optimization process during which probunkers’ technical team
Image courtesy of CMES China Merchants Energy Shipping (CMES) has decided to carry out a 6.57 billion Chinese yuan ($952 million) asset acquisition which includes equity in five Arctic LNG carriers. Under the deal, CMES is set to acquire Sinotrans Shipping’s dry bulkers as well as equity of the Yamal
zoomImage courtesy of Wärtsilä The Finnish technology group Wärtsilä said it is set to launch its new LNG Bunkering & Supply System simulator at an event in Amsterdam later this month. The simulator will promote greater safety onboard LNG fuelled vessels by improving the level of training for operators of
zoomImage courtesy of Cryopeak LNG Solutions Cryopeak LNG Solutions Corporation said it has developed the first-ever “Super B-train” liquefied natural gas (LNG) hauling trailer to optimize small-scale transportation in Canada. The trailer is designed to be interoperable across Canada and is in full compliance with Transport Canada rules and regulations
zoomImage courtesy of Hudong Zhonghua Chinese shipyard Hudong Zhonghua has won the contract to build a pair of mid-sized LNG vessels for a Malaysian LNG project. The vessel, with a total length of 239 meters will feature GTT’s NO96 containment system and will be built on Hudong Zhonghua’s G4 Changxing
Image courtesy of McDermott McDermott International could be filing for bankruptcy over the course of next week. Citing people close to the matter, Bloomberg reports the company is looking into a restructuring plan to convert its debt into equity. The majority of the shares will be owned by the group
zoomImage courtesy of Höegh LNG Norway-based floating LNG giant Höegh LNG said it has refinanced its Nordic bond maturing in June with two new debt facilities. Refinancing of the Nordic bond maturing in June has been completed with two debt facilities, a new and smaller Nordic bond and a revolving
zoomImage courtesy of Chantiers de l’Atlantique MSC Cruises and Chantiers de l’Atlantique have signed firm contracts for the construction of third and fourth LNG-powered MSC World Class ships. The vessels are scheduled for delivery in 2025 and 2027, Chantiers de l’Atlantique said in its statement. The first of the initial