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Maersk: We need to act faster to break this chicken and egg limbo

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Image credit: World Economic Forum The transition towards zero-carbon fuels in the shipping industry needs to be accelerated, putting a greater focus on the viable solutions already on the market and skipping transitional solutions. These were the messages of A.P. Moller Maersk’s Executive Vice President Henriette Hallberg Thygesen during a session

QP inks LNG supply deal with Pakistan’s PSO

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Qatar Petroleum has secured a new long-term deal for the delivery of liquefied natural gas (LNG) to Pakistan. Courtesy of Qatar Petroleum The company said on Friday it has entered into a sale and purchase agreement (SPA) with Pakistan State Oil Company (PSO) for the supply of up to 3

SEA-LNG: Bio-LNG for extended GHG reduction compliance

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

SEA-LNG, the industry coalition which promotes LNG as a marine fuel, states that blending bio-LNG with LNG as a marine fuel extends the vessel’s eligibility for funding under Poseidon Principles. Courtesy of SEA-LNG The new analysis claims that for every 10 per cent of bio-LNG dropped in and blended with

Teekay bags news deals for LNG carrier pair

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Teekay LNG Partners has secured employment for two of its liquefied natural gas carriers. Courtesy of Teekay The Bermuda-based LNG shipper said in a statement that in October 2020, the charterer of the 52 percent-owned LNG carrier Marib Spirit exercised its options to extend the current charter by 14 months.

Gazprom reappoints Alexey Miller as the head of the group

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Russian gas company Gazprom reappointed Alexey Miller as chairman for a new five-year term, starting from 31 May. Courtesy of Gazprom; Photo by TASS Alexey Miller has been serving the company as chairman of the Gazprom management committee since 2001. In 2000, he was appointed deputy minister of energy of

Deltamarin unveils new LNG-powered boxship design

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Finnish ship designer Deltamarin unveiled its new LNG-powered Kielmax container vessel design, named C.Delta2100. Courtesy of Deltamarin It provides a flexible platform for a whole series of designs, which can be adapted to various customers’ requirements as a result of several optional feature studies. “The platform design is “future-proof”, taking

Shell-chartered LNG London completes milestone loading

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Belgian inland transportation specialist, Victrol, said LNG London completed its 100th loading at the Gate LNG terminal in the Dutch port of Rotterdam. Courtesy of Aeroview B.V./Victrol Victrol stressed in its brief statement through its social media channels, that the vessel has been in operation for around year and a

CMA CGM: Six LNG-powered 15,000 TEU containerships to serve US market

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

French container shipping major CMA CGM plans to dedicate six new 15,000 TEU liquefied natural gas (LNG) powered containerships to the U.S. market as part of the group’s ongoing efforts to improve air quality and drive forward the energy transition of the shipping industry. The announcement was made by Rodolphe Saadé,

HMM’s smart, LNG-ready 16,000 TEU newbuilds set to enter into service

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

South Korea’s national flagship carrier HMM expects the first of eight 16,000 TEU-class newbuilding containerships to enter into service in March. The series was ordered back in 2018 from compatriot Hyundai Heavy Industries (HHI). An HMM spokesperson confirmed to Offshore Energy – Green Marine that all eight ships are designed

Golar LNG profit slips, FLNG Hilli Episeyo hits cargo milestone

26 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Golar LNG, owner and operator of LNG midstream infrastructure, saw its fourth-quarter profit dwindle. Courtesy of Golar LNG The company reported a net income of $9.5 million in Q4 2020, slipping 62 per cent from the figures reported in the corresponding quarter in 2019. However, the company noted the profit

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