Dynagas LNG Partners, a partnership formed by Greek shipping company Dynagas, has declared a cash distribution of $0.546875 per unit on its Series B Preferred Units. Courtesy of Dynagas Dynagas LNG Partners owns and operates liquefied natural gas (LNG) carriers employed on multi-year charters. The Parntership’s current fleet consists of six LNG
Ammonia is at the top of the list of the potential shipping fuels of the future, being a zero-carbon solution that can become economically viable. The shipping industry has already built extensive experience in transporting and handling ammonia onboard vessels, and we are seeing major strides being made in designing
French energy major Engie has booked the remaining capacity of the Eemshaven LNG terminal, owned by the Gasunie subsidiary EemsEnergyTerminal. Courtesy of Gasunie EemsEnergyTerminal sold the remaining capacity of the LNG terminal in Eemshaven to Engie which purchased the last billion cubic metres (bcm). The total eight bcm available in
Australia’s offshore security regulator NOPSEMA has begun the assessment of Shell’s environmental plan for the Crux seabed survey campaign off the coast of Western Australia. The Crux seabed survey campaign will include a geophysical survey and a geotechnical survey in Commonwealth and Ashmore Cartier marine waters, in up to 260 meters
UK-based ship management company V.Group will be providing full technical management of the three LNG dual-fuel new build ships currently under construction at Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME). Keel laying at DSME shipyard of the first of the three dual-fuel LNG powered VLCCs; Courtesy of International Seaways
Japanese companies Kawasaki Kisen Kaisha (K Line), JGC Corporation and Japan Petroleum Exploration (JAPEX) have signed a memorandum of understanding (MoU) on the joint study of carbon capture and storage (CCS) in Malaysia. Under the MoU, the parties will participate in the joint study that looks into suitable sites for
Switzerland-based engine developer WinGD has won the first order for its iCER on-engine solution, developed in cooperation with its long-term partner HHI’s Engine & Machinery Division (HHI-EMD). The system is scheduled to be delivered in May 2024 as part of a WinGD X-DF2.1 engine for a new 17,400 cbm LNG
Canadian pipeline company Enbridge has signed a deal with Pacific Energy to jointly invest in the construction and operation of the Woodfibre LNG project. Courtesy of Woodfibre LNG Under the partnership agreement, Enbridge will invest in a 30 per cent ownership stake in the $5.1 billion Woodfibre LNG project. Pacific Energy retains
LNG shipping company Golar LNG’s FLNG Hilli customers have decided to exercise their option on additional volumes from the 2023 to 2026 period. Courtesy of Golar LNG FLNG Hilli is located offshore Kribi, Cameroon. Its customers are oil and gas company Perenco and Cameroon’s national oil firm Société Nationale des Hydrocarbures