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Hanwha Ocean in unique collaboration with SHI

5 Jan No Comments gregsamuel_e5x9azx4 LNG World News, Uncategorized

South Korean shipbuilder Hanwha Ocean has reportedly entered into a unique agreement with compatriot rival Samsung Heavy Industries (SHI), marking the first-ever collaboration between two shipbuilding heavyweights. Image credit: Hanwha Ocean While specifics of the deal remain undisclosed, reports suggest that Hanwha Ocean will supply blocks to SHI, contributing to

Höegh LNG to continue providing FSRU services in Colombia

5 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG has extended and expanded its services to LNG import terminal Sociedad Portuaria el Cayao (SPEC LNG) in Cartagena, Colombia. Archive; Courtesy of Höegh LNG Höegh LNG said the agreement with SPEC enables continuity and increase of energy supply through

Samsung Heavy, Black & Veatch to work on Cedar LNG’s FLNG unit

5 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Cedar LNG, a partnership between the Haisla Nation and Canadian energy infrastructure company Pembina Pipeline, has selected South Korean shipbuilding major Samsung Heavy Industries (SHI) and U.S. LNG infrastructure solutions company Black & Veatch to provide engineering, procurement and construction (EPC) for the design, fabrication and delivery of the project’s

MOL pens charter contract with Yara for ammonia carrier

5 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) has signed a time charter contract for the ammonia carrier Green Pioneer with Yara Clean Ammonia Switzerland, a group company of Yara International ASA, the world’s largest nitrogen fertilizer manufacturer. Image credit: MOL The 2010-built vessel was delivered on December 25, 2023, and is

Axios II LNG carrier joins Capital Product Partners’ fleet

4 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Capital Product Partners L.P. has taken delivery of the LNG Carrier Axios II as part of its umbrella deal covering the acquisition of 11 newbuild liquefied natural gas carriers. Courtesy of Capital Gas The vessel was built by Hyundai Heavy Industries and delivered in January 2024. The dual-fuelled LNG carrier

Avenir LNG inks charter deals for two LNG bunkering vessels

4 Jan No Comments gregsamuel_e5x9azx4 LNG World News

UK-based small-scale LNG company Avenir LNG has executed time charter agreements for LNG bunkering vessels Avenir Advantage and Avenir Accolade. Archive; Courtesy of Avenir LNG Future Horizon, a joint venture between Avenir and MISC, signed a new two-year time charter agreement for Avenir Advantage with PETCO Trading Labuan Company (PTLCL),

Report: US emerges as largest LNG exporter in 2023

4 Jan No Comments gregsamuel_e5x9azx4 LNG World News

According to news agency Reuters, U.S. liquefied natural gas (LNG) exports have hit monthly and annual record highs in December, with analysts saying it has positioned the U.S. to become the largest exporter of LNG in 2023. Courtesy of Freeport LNG “The U.S. was the stand out in global LNG

Color Line’s ferry duo switches to biofuel

4 Jan No Comments gregsamuel_e5x9azx4 LNG World News

For the past month, Color Line’s two passenger ferries, linking Denmark and Norway, have been fueled exclusively with B100 biofuel, supplied and managed by marine fuel supplier Bunker One.  Bunker One has supplied B100 biofuel to Color Line’s SuperSpeed 1 and 2 ferries travelling between Hirtshals in Denmark and Larvik

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