South Korea’s Samsung Heavy Industries held a naming ceremony for three LNG-powered shuttle tankers being built for Altera Infrastructure, previously known as Teekay Offshore. Image: Altera The vessels in question are the 130,000 dwt Current Spirit, and the 103,000 dwt Altera Wave and Altera Wind. Due to Covid-19, the duo
Plaquemines Port Harbor and Terminal District (PPHTD) recently signed a letter of intent (LOI) with “several potential partners” to develop a multimodal container terminal in Plaquemines Parish, Louisiana. As informed, the signing of the LOI kicks off a 6-month “Due Diligence” period during which the parties will conduct multiple studies prior
Australia’s Viva Energy aims to start front-end engineering and design work on a planned LNG import terminal at its Geelong refinery by the end of this year. Geelong refinery (Image: Viva Energy) The downstream player announced earlier this year it plans to build the LNG import facility that includes installing
Australia’s oldest LNG plant at Karratha, part of the Woodside-led North West Shelf project, is to get natural gas from an onshore field in the Perth Basin under a new deal revealed on Monday. Karratha gas plant, NWS project (Image: Woodside) The Karratha plant has been liquefying gas from fields
China’s Hudong-Zhonghua Shipbuilding has held a keel laying ceremony for the second LNG bunkering vessel owned by Japan’s MOL and chartered by France-based Total. Image: Hudong-Zhonghua The unit of China State Shipbuilding Corporation says it held the ceremony on August 12. Hudong started work on the LNG bunkering ship late
Malaysia’s MISC reported a drop in net profit in the second quarter due to the effects related to the Covid-19 pandemic, but the company’s LNG business keeps rising. LNG carrier Seri Camar (Image: MISC) MISC’s 299.5 million ringgit ($71.3 million)net profit declined 25 percent year-on-year. The shipping giant attributed the
Qatari LNG shipping giant Nakilat is continuing with the second phase of it fleet management transition progamme with a unit of Shell. Image: Nakilat As part of the transition, Nakilat has assumed full ship management and operations of Q-Flex Al Sadd starting August 13. The Doha-based shipping firm owns the
Bermuda-based shipping company Teekay LNG said its net income surged in the May-June period with its chief executive announcing the results as “another record quarter” for the firm. Image: Teekay Net income for the second quarter reached $44.9 million, compared to $16.4 million in the corresponding quarter last year. “While