Hyundai Heavy bags LNG carrier pair order
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
Final Yamal LNG carrier for MOL and Cosco delivered
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
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
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
U.S. weekly LNG exports keep climbing
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
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
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