New York City-based New Fortress Energy has terminated its LNG supply agreement with Centrica. Courtesy of New Fortress Energy New Fortress Energy has decided against purchasing any additional LNG from Centrica for the remainder of 2020 in exchange for a payment of $105 million. As a result, New Fortress will
US approves Jordan Cove LNG export project
The proposed $10 billion Jordan Cove LNG export terminal on the US West Coast has received a final approval from federal authorities. Image: Jordan Cove LNG The US Energy Department granted the project developer, Canada’s Pembina Pipeline Corp to export up to 1.08 billion cubic feet per day from the
German Federal Council calls for 30 GW of offshore wind by 2035, rapid EEG reform
Enagas and BP partner on LNG, CNG as fuel in Spain
Damen delivers five zero-emission ferries to Arriva
Damen Shipyards Group has delivered five zero-emission ferries to Arriva Denmark in Copenhagen, which is operating the vessels on behalf of Danish public transport agency Movia. Damen Ferry 2306 E3. Image Courtesy: Damen As explained, the 80-passenger vessels are based on Damen’s E3 philosophy – environmentally friendly, efficient in operation
Flex inks new charter deals as LNG fleet count rises
Flex LNG, the shipping company controlled by billionaire John Fredriksen, has secured new charter deals as it prepares to take the delivery of another newbuild vessel. Premium content You are currently not logged into your account. Register and get a two week trial. You need javascript to validate your login
Dominion in $9.7 bln asset sale to Warren Buffet’s Berkshire
GEFO LNG-ready tanker launched
China Merchants Jinling Shipyard has launched the first LNG-ready chemical tanker for German shipowner GEFO. Image: FKAB Marine The Chinese yard previously known as AVIC Dingheng Shipbuilding launched the 7,000 dwt stainless steel tanker Norma on July 2. GEFO ordered two FKAB Marine-designed LNG-ready vessels in 2018. However, the German
GTT nets Zvezda order for five Arc7 LNG carriers
France’s GTT has won an order from Russia’s Zvezda shipyard for the tank design of five ARC7 ice-breaking LNG carriers. Image: Zvezda Shipbuilding Complex The LNG containment specialist said Zvezda awarded the deal at the end of June on behalf of a Russian shipowner. This represents the first order following
BW takes delivery of ME-GI LNG newbuild
BW’s LNG unit has on Friday taken delivery of a newbuild ME-GI carrier from South Korea’s Daewoo Shipbuilding and Marine Engineering. BW Pavilion Aranthera (Image: BW LNG) The BW Pavilion Aranthera is BW’s fifth ME-GI vessel with re-liquefaction system in a series of nine ships. Shipping data shows that the