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CMA CGM inks order for 22 boxships, including 12 dual-fuel newbuilds

30 Apr No Comments gregsamuel_e5x9azx4 LNG World News

CMA CGM Champ Elysses; Image credit: CMA CGM French liner major CMA CGM has ordered the construction of 22 containerships worth around $2.3bn, making the deal the largest single containership order in China’s shipbuilding history. The orders are spread across three Chinese shipbuilders,  Jiangnan Shipyard, Hudong-Zhonghua Shipbuilding, and Qingdao Beihai

Bratislava port eyes LNG terminal

30 Apr No Comments gregsamuel_e5x9azx4 LNG World News

A liquefied natural gas (LNG) terminal, which will cost approx €40 million, is being built in a public port in Bratislava, Slovakia. Image from the feasibility study; Courtesy: Public Ports in the Slovak Republic The development of the LNG terminal in the public port of Bratislava is currently in the

Total’s profit back to pre-pandemic levels

30 Apr No Comments gregsamuel_e5x9azx4 LNG World News

French major Total reported a jump in profit for the first quarter of 2021, benefiting from the rising oil and gas prices. Courtesy of Total The company posted a net income of $3.3 billion and an adjusted profit of $3 billion, 69 per cent up from the first quarter of

KBR, Zachry to work on Venture’s Plaquemines LNG

30 Apr No Comments gregsamuel_e5x9azx4 LNG World News

U.S. LNG export project developer Venture Global LNG has partnered up with construction firm Zachry Group in the development of the Plaquemines LNG export project in Louisiana. Courtesy of Venture Global This comes after Venture Global LNG selected KBR for the engineering, procurement and construction (EPC) contract as lead contractor

Bergen LNG awarded classification from Bureau Veritas

30 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Classification society Bureau Veritas has classed Bergen Tankers’ Bergen LNG, Norway’s first LNG bunkering ship. Courtesy of Bureau Veritas Bergen LNG is born from the conversion of the 2010 built oil tanker Oslo Tank in order to carry LNG instead of conventional liquid marine fuels. This was announced in August

FSRU MOL Challenger loads at Cheniere’s Sabine Pass LNG

30 Apr No Comments gregsamuel_e5x9azx4 LNG World News

MOL FSRU Challenger has loaded and departed Cheniere Energy’s Sabine Pass LNG export facility on April 29, making it the largest LNG vessel ever to load at the US terminal. Courtesy of Cheniere Measuring in at nearly 1132 feet long, FSRU MOL Challenger is approximately 150 feet longer than an

EIA: LNG exports remain flat, while natural gas prices rise

30 Apr No Comments gregsamuel_e5x9azx4 LNG World News

LNG exports from the U.S. remain flat on the week with Henry Hub prices going up, according to weekly data from the Energy Information Administration (EIA). Courtesy of Cheniere In the latest Short-Term Energy Outlook report for the week between 22 April 28 April, EIA reports twenty LNG vessels that

DSME scores deal for dual-fuel LPG carrier pair

30 Apr No Comments gregsamuel_e5x9azx4 LNG World News

South Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) has secured an order for two dual-fuel LPG carriers from compatriot Hyundai LNG Shipping. The 91,000 cbm ships are expected to be built at DSME’s Okpo yard and delivered to shipowners by the fourth quarter of 2023. The contract is

Santos completes Bayu-Undan, Darwin LNG stake sale to SK E&S

30 Apr No Comments gregsamuel_e5x9azx4 LNG World News

Australian LNG player Santos has completed the sell-down of a 25 per cent interest in Bayu-Undan and Darwin LNG to SK E&S. Courtesy of Santos The sell-down resulted in net funds to Santos of US$186 million at completion, being the sale price of US$390 million less the cashflows from the

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