New Fortress Energy has boosted its liquefied natural gas (LNG) volumes with two additional long-term supply agreements. Courtesy of New Fortress Energy The company said the new deals will support its natural gas and electricity businesses in Puerto Rico, Mexico, and Nicaragua. With these purchases and the previous purchases of
FGEN LNG Corporation, a unit of First Gen Corporation has selected three preferred tenderers to supply the FSRU for its Interim Offshore LNG Terminal project. Illustration only. Courtesy of Höegh LNG The company said that following the initial evaluation, BW Gas, Dynagas and Höegh LNG have continued to the next
Navis, a part of Cargotec Corporation engaged in providing operational technologies and services to bolster terminals’ performance efficiency, has identified its top predictions and trends that will drive the shipping industry and the technology that will be most impactful for meaningful operations in the coming year. The predictions are being announced
Singapore’s LNG Alliance informed that its US unit, Epcilon LNG, received the non-FTA export permit for its Amigo LNG project in Sonora Mexico. Courtesy of Amigo LNG The company has been authorized by the US Department of Energy to export U.S.-produced natural gas to Mexico and to re-export LNG to
A project to construct the world’s first zero-emission hydrogen vessels has been awarded NOK 219 million ($25 million) by the Norwegian government-owned organization Enova. As explained, the funds will enable Wilhelmsen, a Norwegian maritime group that leads the project, to further develop the technology and additional infrastructure required to support
Qatar’s Nakilat, the world’s largest LNG shipper, has assumed the technical ship management and operations of the FSRU Exquisite. Courtesy of Nakilat The floating storage and regasification unit transitions to NSQL from Excelerate Technical Management (ETM) with effect from December 17, 2020. The FSRU is jointly owned by Nakilat and
South Korean shipbuilder Korea Shipbuilding & Offshore Engineering has reported a surge of orders over the past week hitting a head-spinning $2.2 billion (KRW 2.45 trillion) in value. The latest contract revealed today includes an order for four container ships. The boxships were ordered by an unnamed European owner and will be
Grieg Edge, an innovation hub established by Grieg Star Group, and Wärtsilä Norway have secured financial support for their project to build the world’s first green ammonia fueled tanker – to ship green ammonia. Specifically, the MS Green Ammonia project will receive NOK 46.3 million from the Norwegian funding scheme