French liquefied natural gas containment specialist GTT has been contracted to design the tank for an LNG carrier. Courtesy of Shentzhen Gas The order was placed by the Chinese Hudong-Zhonghua Shipbuilding yard. The yard is building the LNG tanker for its compatriot, Shenzhen Gas Corporation. The vessel will have a
Malaysia Marine and Heavy Engineering (MMHE) has secured a contract from SapuraOMV to undertake the engineering, procurement, construction, transportation & installation, and hook-up & commissioning services (EPCIC) for the SK408W Jerun development project offshore Sarawak, Malaysia. MMHE is a subsidiary of Malaysia Marine and Heavy Engineering Holdings Berhad (MHB). The
U.S.’s small-scale LNG provider Stabilis Solutions has secured a $10 million credit facility to support the company’s working capital requirements. Courtesy of Stabilis Solutions Stabilis Solutions, a vertically integrated energy transition company that provides clean energy solutions, handles small-scale LNG production, distribution, and fueling services to multiple end markets in
Dallas-based engineer Jacobs has been contracted by FGEN LNG Corporation as owner’s engineer for the LNG project in Batangas City, Philippines. FGEN is developing the Interim Offshore LNG Terminal that will be built at the First Gen Clean Energy Complex. As Owner’s Engineer, Jacobs will provide services for the engineering,
U-Ming Marine Transport Corporation, Taiwan’s largest publicly listed bulk carrier company, has secured its first sustainability-linked loan worth $45 million. The loan was obtained from E.SUN Commercial Bank and it was preceded by a rigorous due-diligence process that evaluated the company’s financial strength and ESG achievements. The loan incorporates an
Gas shipping company Navigator Holdings has signed a non-binding Letter of Intent with Naviera Ultranav Limitada to merge its fleet and business activities with Ultragas ApS. The merger of the two gas shipping companies would bring the combined fleet to a total 56 vessels. Specifically, Ultragas has a fleet of
The European Hydrogen Backbone (EHB) initiative has proposed a hydrogen network of 39,700 kilometres by 2040 to connect 21 European countries, with further growth expected after 2040. Courtesy of the European Hydrogen Backbone (EHB) The updated European Hydrogen Backbone vision is launched on 13 April and it follows the report
South Korean majors Hyundai Heavy Industry (HHI) Group and Korean Register (KR) have signed an MOU laying the groundwork for a strategic partnership to address key environmental challenges facing the industry. Under the MOU, signed on April 12, the two sides plan to exchange technical information and human resources to
French major Total said that earlier this month it had delivered the first cargo of liquefied natural gas (LNG) to Foran Energy in China. Courtesy of Total The company delivered a total of 136,000 cubic meters of liquefied natural gas to the Zhuhai LNG terminal, in China’s Guangdong Province. Foran
