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Dynagas LNG Partners profit slips

22 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Dynagas LNG Partners Dynagas LNG Partners, a limited partnership formed by the Greek shipowner Dynagas, posted a drop in profit for the year 2018.  The company reported a net income of $3.6 million for 2018, dropping from $17.3 million the previous year, the partnership said in its

WesPac files for Tilbury Pacific LNG environmental assessment

22 Mar No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Tilbury Pacific LNG WesPac Midstream-Vancouver’s proposal to build the Tilbury Pacific LNG marine jetty on the Fraser River in Delta, British Columbia, reached a new milestone with the filing of an environmental assessment application.  The proposed project filed an application for the EA certificate with the British

Anadarko to hire 16 tankers for Mozambique LNG transport

22 Mar No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Anadarko US independent Anadarko is looking to hire around 16 liquefied natural gas (LNG) tankers on long-term charters for the transportation of the chilled fuel from the proposed Mozambique LNG project. According to a Reuters report from Thursday, the tankers will deliver LNG from Anadarko’s $20 billion

US LNG export down on week to seven cargoes

22 Mar No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Cheniere Liquefied natural gas exports from the U.S. decreased over the last week, according to data from the Energy Information Administration (EIA). EIA stated in its weekly report that seven LNG vessels, six from Sabine Pass and one from Corpus Christi, departed from the United States from

Flex LNG secures one-year charter for its carrier

22 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of Flex LNG) Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business snagged a charter deal for one of its liquefied natural carriers.  Flex LNG said time-charter agreement has been signed with an international energy major

SHI bags new LNG carrier order

22 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of SHI South Korean shipbuilder Samsung Heavy Industries has booked a new order for a liquefied natural gas carrier.  The company said in a brief statement the order worth 215.4 billion South Korean won ($190.7 million) is from Asian shipowners without disclosing the identity. Additionally, the delivery of

Murphy Oil exits Malaysia in $2.13 bln assets sale

22 Mar No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Murphy Oil Murphy Oil Corporation has signed a sale and purchase agreement to sell its two Malaysian units, Murphy Sabah Oil and Murphy Sarawak Oil, to a unit of PTTEP for $2.13 billion. PTTEP will pay Murphy pay the consideration in cash, plus up to aUS$100 million

Uniper advancing OLT Offshore LNG stake sale talks

21 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of OLT Offshore LNG Toscana German utility company Uniper is reportedly advancing its talks with First State Investments, an Australian fund, over a sale of interest in the OLT Offshore LNG Toscana terminal off Italy.  Uniper currently holds 48.24 percent stake in the facility with the Italian utility

GasLog agrees GasLog Warsaw charter with Endesa

21 Mar No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of GasLog Monaco-based LNG shipper signed a new long-term charter deal with a unit of Endesa for its existing uncommitted newbuild vessel, the GasLog Warsaw. GasLog is scheduled to take delivery of the 180,000 cubic meter Mark III Flex Plus vessel with low-pressure two-stroke propulsion from Samsung Heavy

Damen cuts steel for first short-sea LNG bunker vessel for Eesti Gaas

21 Mar No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Damen Dutch shipbuilding giant Damen has cut steel for its first short-sea LNG bunker vessel for Estonia’s Eesti Gaas. Damen said on Thursday that the steel-cutting ceremony for the short-sea LNG bunker vessel was held at the company’s Yichang shipyard in China on March 18, 2019. Eesti

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