BW LNG, a unit of the Singapore-based gas shipping giant BW Group, has secured a five-year FSRU charter deal with FGEN LNG Corporation. Screenshot (Courtesy of BW LNG) The company will deploy its FSRU BW Paris that has completed the FSRU conversion at the Keppel Shipyard in Singapore. The vessel
Tech trio invest in FiveT Hydrogen Fund
Plug Power, Chart Industries and Baker Hughes have teamed up as cornerstone investors in FiveT Hydrogen Fund. Courtesy of FiveT FiveT is a clean-hydrogen-only private infrastructure fund dedicated to delivering clean hydrogen infrastructure projects at scale. Plug Power intends to commit €160 million ($200 million), and Chart Industries and Baker
Gasnor to supply LNG to Ulvan Rederi’s newbuild
Norwegian natural gas supplier Gasnor has signed a 5-year agreement to supply LNG to Oddrun With, Ulvan Rederi’s new hybrid vessel. Courtesy of Gasnor Ulvan Rederi is building Oddrun With, a multi-purpose cargo vessel with a hybrid propulsion system that includes LNG engines and battery. The vessel is set to
Sempra sells stake in Sempra Infrastructure for $3.4 bln
San Diego-based Sempra Energy has agreed to sell a 20 per cent equity stake in Sempra Infrastructure Partners to KKR for $3.37 billion. Energía Costa Azul regasification terminal in Baja California, Mexico (Courtesy of Sempra Energy) Sempra noted in its statement that the sale of its non-controlling interest values Sempra
Sanmar Shipyards to build 6 vessels for Port Qasim Authority
Sanmar Shipyards signing ceremony; Image credit: Sanmar Shipyards Turkish shipbuilder Sanmar Shipyards has signed a contract for the construction of six vessels with the Port Qasim Authority (PQA) in Pakistan. The $33.46 million deal includes four high-performance tugboats and two pilot boats. The ships will form part of the Kocacay
First Turkish-flagged FSRU nearing the destination
Ertuglrul Gazi, the first Turkish-flagged floating storage and regasification unit (FSRU), will enter Turkey waters in April. Courtesy of Botas Turkish oil and gas pipeline operator BOTAŞ ordered the construction of a FSRU from Hyundai Heavy Industries back in 2018. The FSRU ship has been named after the father of
CSSC collects largest boxship order yet
China State Shipbuilding Corporation (CSSC) has won its single largest contract for the construction of large containerships worth over CNY 10 billion ($1.52 billion). The Chinese shipbuilding major said that the order covers the construction of thirteen 16,000 TEU LNG-ready containerships. The construction work will be split between the company’s
Petronas declares force majeure on Myanmar field
Malaysian oil and gas giant Petronas has declared force majeure on its Yetagun field, located offshore Myanmar, due to a significant decline in output. Yetagun platform off Myanmar; Source: PTTEP Petronas said on Friday that its subsidiary, PC Myanmar (Hong Kong) Limited (PCML), had declared Force Majeure on its Yetagun
FSRU Höegh Giant heads off to Jaigarh port, India
Höegh LNG’s floating storage and regasification unit (FSRU) Höegh Giant has set off on its journey from Singapore to India. Courtesy of Höegh LNG The vessel will serve H-Energy’s LNG import terminal at Jaigarh port under a 10-year charter deal. Höegh Giant underwent minor modifications at the Keppel Shipyard in
Baleària assigns its first LNG ferry to Motril-Melilla route
Spanish ferry operator Baleària has selected its LNG-fueled ferry Hypatia De Alejandria to operate the route between the Spanish town of Motril and the Spanish autonomous city of Melilla in North Africa. Courtesy of Baleària The 26,000 gross ton Hypatia de Alejandría is the first of the Baleària fleet to