India saw an increase in liquefied natural gas (LNG) imports during the month of September 2020. The oil ministry’s Petroleum Planning and Analysis Cell notes that LNG imports reached 2.97 billion cubic meters in September. This is a 6.2 per cent increase over the 2.79 billion cubic meters of LNG
Italy’s Grimaldi Group has welcomed to its fleet two brand-new environmentally friendly vessels — a hybrid roll-on/roll-off (RoRo) ship and a new car carrier. Eco Valencia. Image Courtesy: Grimaldi Hybrid RoRo On 16 October, the Neapolitan company took delivery of the Eco Valencia, the first of twelve hybrid RoRo ships belonging
Swiss compression specialist Burckhardt Compression signed a ten-year service agreement with BW LNG for nine liquefied natural gas carriers. Illustration only (Image courtesy of BW LNG) The service agreement covers the nine LNG tankers with Laby-GI compressors on board. Burckhardt said in its statement, the two companies agreed to a
Kaguya; Image courtesy: Kawasaki Heavy Industries Japan’s LNG bunkering vessel Kaguya carried out its first ship-to-ship LNG fuel supply on October 20 marking the start of LNG bunkering business in the Chubu region. The bunkering operation comes on the back of the vessel’s naming ceremony held back in September. The
BW LPG has kicked off a week-long sea and gas trials for its pioneering very large gas carrier (VLGC). Courtesy of BW LPG The company noted in its statement that BW Gemini has been retrofitted with liquefied petroleum gas dual-fuel propulsion technology. BW Gemini has achieved a milestone as the
Texas-based Pilot LNG executed a Heads of Agreement with GAC Bunker Fuels (GAC) for the supply of LNG as a marine fuel. Courtesy of Pilot LNG The liquefied natural gas will be supplied from Pilot LNG’s Galveston bunker port terminal project, which will be the first dedicated LNG bunker terminal
The Finnish technology group Wärtsilä has been contracted to supply the cargo handling and fuel supply system for two new 98,000 cbm Very Large Ethane Carriers (VLEC). Illustration of a very large ethane carrier (Courtesy of Wärtsilä) The vessels are being built at the Samsung Heavy Industries (SHI) shipyard in
Belgium’s Exmar, the Nicolas Saverys-led shipowner, has finally settled its dispute with YPF over the Tango FLNG deal. Courtesy of Exmar Under the settlement, effective October 19, YPF will pay $150 million to Exmar in consideration of the early termination of the agreements and withdrawing the arbitration proceedings. The first
Norwegian shipping company Saga Tankers has moved into the renewable energy sector with a new investment into a hydrogen fuel company. As part of the renewable energy strategy, the company will divest non-core assets and change its name to Saga Pure ASA. The company has appointed Bjørn Simonsen as Chief