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SGMF is joined by Peninsula

25 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Peninsula, the global company in marine fuel solutions, is the newest member of the Society for Gas as a Marine Fuel (SGMF). Courtesy of Peninsula The Society for Gas as a Marine Fuel is an NGO established to promote safety and industry best practices in the use of gas as

Shell: 2020 LNG demand up despite COVID effects

25 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Despite the unprecedented volatility caused by the COVID-19 pandemic resulting in lockdowns around the world, global LNG trade rose to 360 million tonnes in 2020. Courtesy of Shell According to Shell’s latest annual LNG Outlook, the increase in volume reflects the resilience and flexibility of the global LNG market in

TechnipFMC taps UTEC for Coral-Sul FLNG survey

25 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Acteon’s surveying company UTEC has won a contract from TechnipFMC to support the development of Coral-Sul FLNG (floating liquefied natural gas) project, the world’s first in ultra-deepwater. The Coral-Sul FLNG, which is approximately 50 kilometres from the Mozambique coast, will operate in 2000 metres of water in Coral field, which

TechnipFMC stays in the red

25 Feb No Comments gregsamuel_e5x9azx4 LNG World News

UK-based TechnipFMC has reported fourth-quarter 2020 loss of $39 million or 9 cent per diluted share against $2.4 billion loss same time last year. Adjusted diluted earnings per share was 5 cents, with analysts projecting some 20 cents. Revenue for the quarter was down from Q4 2019 some eight per

Novatek inks Arctic LNG 2 supply deal with Shenergy

25 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Russia’s largest independent natural gas producer and LNG operator Novatek has secured an LNG supply deal with China’s Shenergy Group. Courtesy of Novatek Novatek said on Thursday the deal is for a cumulative supply of over 3 million tons of LNG from the Arctic LNG 2 project over a 15-year

Gasrec increases the size of its Bio-LNG tanker fleet

25 Feb No Comments gregsamuel_e5x9azx4 LNG World News

UK’s ga supplier Gasrec will grow its Bio-LNG delivery fleet by 300 per cent in the next year, to meet the demand from transport and logistics companies for a more sustainable alternative to diesel. Courtesy of Gasrec Fleets transitioning to renewable fuels are playing a key role in helping to

Minerva takes delivery of LNG newbuild from SHI

25 Feb No Comments gregsamuel_e5x9azx4 LNG World News

The Greek shipping company Minerva, led by Andreas Martinos, has taken delivery of its latest LNG carrier newbuild, the Minerva Kalymnos. Courtesy of Minerva Gas The vessel capable of transporting 174,000 cubic meters of chilled fuel has been built and delivered by the South Korean shipbuilder Samsung Heavy Industries, almost

Titan bunkers German LNG-fueled research vessel

25 Feb No Comments gregsamuel_e5x9azx4 LNG World News

Titan LNG, a Dutch supplier of LNG to the marine and industrial markets in Europe, has completed an LNG bunkering operation at Bremerhaven, Germany. Courtesy of Titan LNG The company delivered the chilled fuel to the Atair, a research vessel owned and operated by the Federal Maritime and Hydrographic Agency

Watch: Damen splashes BC Ferries’ 5th hybrid-electric ferry

25 Feb No Comments gregsamuel_e5x9azx4 LNG World News

This embedded content is only visible after accepting cookies. Change your preferences [embedded content] Damen Shipyards Galati in Romania has launched the fifth in a series of six Island Class vessels for the Canadian ferry operator BC Ferries. The hybrid diesel-electric ferry will undergo final touches before it sets off to

Cheniere confirms multiple LNG supply deals

24 Feb No Comments gregsamuel_e5x9azx4 LNG World News

US LNG export company Cheniere has secured over 4 million tonnes of LNG supply deals during the fourth quarter of the year. Courtesy of Cheniere In its annual and fourth-quarter report, Cheniere noted that it has secured LNG supply deals with multiple counterparties. Contract terms range from five to 11

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