Damen Shipyards Group has signed a contract with the Dutch ferry joint venture Aqualiner-Swets for the construction of nine passenger vessels. With these vessels, the joint venture will provide the public transportation service between Rotterdam and the Drecht cities on behalf of the Province of South Holland and the Region
State-owned China Oil and Gas Pipeline Network (PipeChina) has suspended construction work at the second phase of its Beihai liquefied natural gas terminal in southern China after a fire that killed five people. The fire broke out on Monday near the No.2 storage tank of the second phase designed to
Taiwanese shipping company Wisdom Marine Lines has decided to expand its fleet with a new liquefied petroleum gas (LPG) carrier. On 30 October 2020, the company’s board of directors approved the order of a 5,000 cbm vessel. As informed, the LPG carrier will be built by Murakami Hide Shipbuilding in
Finland-based technology company ABB has won a contract worth over $300 million from Daewoo Shipbuilding & Marine Engineering to supply a power and propulsion package for six new LNG transport vessels along the Northern Sea Route. ABB said on Monday that each of the six newbuild vessels would feature a
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