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Hudong-Zhonghua cuts steel for China’s LNG newbuild

2 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Hudong-Zhonghua Shipbuilding (Group) has cut steel for the first LNG carrier it is building for compatriot trio of COSCO Shipping, CNPC and CSSC. The company cut steel on October 31, for the H1831A, the first of three vessels capable of transporting up to 174,000 cubic meters of LNG. This is

Hyundai Heavy bags LNG carrier pair order

2 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Hyundai Heavy Industries, part of the Korea Shipbuilding & Offshore Engineering, has secured an order for two LNG carriers on Monday. Illustration only (Image courtesy of KSOE) In its regulatory filing, KSOE said the order is valued at 425 billion South Korean won ($375 million). The order has been placed

Report: five injured in Beihai LNG terminal fire

2 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Five people were injured at the Beihai LNG terminal in China’s Guangxi region following a fire incident. Local media reported that a fire broke out on Monday, October 2, at noon on one of the facility’s LNG storage tanks. According to the report, the incident has been caused by maintenance

Final Yamal LNG carrier for MOL and Cosco delivered

2 Nov No Comments gregsamuel_e5x9azx4 LNG World News

The fourth and final conventional Yamal LNG carrier for the MOL-COSCO JV was delivered by the Chinese Hudong-Zhonghua Shipbuilding. Courtesy of Hudong-Zhonghua Shipbuilding A company official confirmed the delivery of LNG Megrez took place on October 31, noting that all the vessels under the order have now been delivered. The

GTT posts nine-month revenue jump

30 Oct No Comments gregsamuel_e5x9azx4 LNG World News

French liquefied natural gas containment system specialist, GTT, reported a 53.1 per cent jump in its nine-month revenue. Courtesy of GTT GTT’s revenue for the first nine months of 2020 reached €305.6 million ($356.7 million). This compares to €199.7 million in the corresponding period in 2019. Commenting on the results,

Snam enters Israeli small-scale LNG, hydrogen markets

30 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Italian infrastructure operator Snam has signed MoUs with Israeli companies for collaboration in small-scale LNG and hydrogen. Courtesy of Snam The company said in its statement that it has entered the Israeli market through collaboration in the energy transition. In particular, the company will focus on natural gas sustainable mobility,

CMA CGM takes delivery of 2nd LNG-powered 23,000 TEU giant

30 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Image by CMA CGMA The CMA CGM Champs Elysees has joined CMA CGM Group’s fleet as the company’s second 23,000 TEU containership powered by liquefied natural gas. The giant vessel is a sister ship to CMA CGM’s flagship, the CMA CGM Jacques Saade, which was delivered to the French major

U.S. weekly LNG exports keep climbing

30 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Liquefied natural gas (LNG) exports from the U.S. facilities increased during the seven days between October 22 and 28. Courtesy of Cheniere According to the data released by the U.S. Energy Information Administration, a total of sixteen LNG tankers departed the export facilities. The vessels had a combined LNG-carrying capacity

DoE issues LNG export extensions for three projects

29 Oct No Comments gregsamuel_e5x9azx4 LNG World News

The U.S. Department of Energy (DOE) extended the terms of three long-term liquefied natural gas (LNG) export authorizations through 2050. Courtesy of Cheniere The authorizations follow seven LNG export term extensions issued last week pursuant to an export term policy statement DOE finalized in July. DOE has received a strong

IRClass classes India’s first FSRU

29 Oct No Comments gregsamuel_e5x9azx4 LNG World News

Indian Register of Shipping (IRClass) has classed India’s first FSRU marking a milestone in India’s energy shift towards natural gas. Courtesy of IRClass Constructed at Hyundai Shipyard in Ulsan, South Korea, the 180,000-cbm FSRU which is flagged in India, is designed for continuous operations without the need for drydocking over

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