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Balearia launches its second LNG ferry in Italy

28 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Balearia Spanish shipping company Baleària said the second of its LNG-fueled ferries, Marie Curie, has hit the water in the Italian Cantiere Navale Visentini shipyard.  Balearia said Marie Curie’s sister vessel Hypatia de Alejandria is close to completing construction and is planned to run sea trials and

Posco Daewoo to explore LNG business with Petroleum Brunei

28 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Posco Daewoo Posco Daewoo Corporation has signed a deal with Brunei National Petroleum Company (Petroleum Brunei) to jointly pursue business opportunities in the LNG sector.  Under the memorandum of understanding Posco Daewoo, a unit of the South Korean steelmaker Posco, the two companies will join forces on

South Korea: Hoegh LNG names ninth FSRU

28 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Höegh LNG Norway-based FSRU provider Höegh LNG held on Tuesday a naming ceremony for its ninth floating storage and regasification unit (FSRU) at South Korea’s Hyundai Heavy Industries. The vessel named Höegh Gannet is the largest capacity FSRU ever built with a capacity of 1 billion cubic

Dragon LNG terminal books second December US cargo

28 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Dragon LNG The UK’s Dragon liquefied natural gas (LNG) terminal is scheduled to receive a cargo of the chilled fuel from the United States during the first week of December.  Shipping data from the Milford Haven Port Authority shows the 159,274-cbm BW Paris LNG carrier is scheduled to arrive

Hyundai Samho scores LNG pair order with CMM

27 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Illustration purposes only (Image courtesy of HHI) South Korean shipbuilder Hyundai Samho Heavy Industries has secured a contract to build a pair of liquefied natural gas carriers for the Greek operator Consolidated Marine Management (CMM).  The Hyundai Heavy Industries unit said in its statement the order for the two 174,000-cbm

Nigeria LNG puts single cargo up for sale

27 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Nigeria LNG Nigeria LNG has reportedly put up a single cargo of liquefied natural gas loading in December for sale.  Citing sources, Reuters reports the cargo was offered through private negotiations, however, it remained unclear whether the offer was a firm one. Nigeria LNG a joint venture compromised of

Swedegas bunkers LNG to Terntank vessel at Port of Gothenburg facility

27 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Swedegas Swedish owner and operator of the high-pressure gas grid, Swedegas conducted the first LNG bunkering operation at its new facility at the Port of Gothenburg.  The company said that the first operator to take on the chilled fuel at the facility was the Gothenburg-based shipping company Terntank. In

China’s LNG imports hit record high

27 Nov No Comments gregsamuel_e5x9azx4 LNG World News

For illustration purposes only (Image courtesy of Guangdong Dapeng LNG) China, the world’s second-largest importer of LNG, is continuing to boost its imports of the chilled fuel and has reached a new record high as it is pursuing its strategy for cleaner air. China imported 41.6 million tonnes in the January-October

Dutch Vopak increases stake in Pakistan’s first LNG terminal

27 Nov No Comments gregsamuel_e5x9azx4 LNG World News

zoomFor illustration purposes only (Image courtesy of Vopak) Dutch tank storage company Vopak said it will acquire in total 44 percent in Elengy Terminal Pakistan in two separate transactions with International Finance Corporation (IFC) and Engro Corporation. The acquisitions include the previously agreed deal with Engro Corp to buy a 29 percent

Petronas logs decline in LNG sales, profit climbs

27 Nov No Comments gregsamuel_e5x9azx4 LNG World News

Bintulu LNG (Image courtesy of Petronas) Malaysia’s Petronas reported a decline in its quarterly liquefied natural gas (LNG) sales as its total earnings and profit rose on higher prices. The energy company’s revenue for the third quarter was 63.9 billion ringgit ($15.2 billion), up by 19 percent from the corresponding

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