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Eesti Gaas’ LNG sales jump in 2019

21 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Eesti Gaas Estonian utility Eesti Gaas saw its sales of liquefied natural gas rise in 2019 its position among the largest sellers of LNG in the Baltic and Finnish region. “While we only used to supply Tallink’s Megastar with LNG in 2018, last year we acquired a

Hyundai inks LOI with probunkers for LNG bunkering pair

21 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of probunkers Athens-based probunkers has signed a letter of intent (LOI) with Hyundai Mipo Dockyard (HMD) for the construction of two (2) firm units of 7,600-cbm LNG bunker vessels. The signing of this LOI comes as the product of a long optimization process during which probunkers’ technical team

CMES acquires Yamal LNG carriers equity from Sinotrans

21 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of CMES China Merchants Energy Shipping (CMES) has decided to carry out a 6.57 billion Chinese yuan ($952 million) asset acquisition which includes equity in five Arctic LNG carriers.  Under the deal, CMES is set to acquire Sinotrans Shipping’s dry bulkers as well as equity of the Yamal

Wärtsilä launching LNG bunkering and supply simulator

21 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Wärtsilä The Finnish technology group Wärtsilä said it is set to launch its new LNG Bunkering & Supply System simulator at an event in Amsterdam later this month. The simulator will promote greater safety onboard LNG fuelled vessels by improving the level of training for operators of

Cryopeak develops LNG hauling trailer

21 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Cryopeak LNG Solutions Cryopeak LNG Solutions Corporation said it has developed the first-ever “Super B-train” liquefied natural gas (LNG) hauling trailer to optimize small-scale transportation in Canada. The trailer is designed to be interoperable across Canada and is in full compliance with Transport Canada rules and regulations

Hudong Zhonghua to build mid-sized LNG carrier pair for Petronas

20 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Hudong Zhonghua Chinese shipyard Hudong Zhonghua has won the contract to build a pair of mid-sized LNG vessels for a Malaysian LNG project.  The vessel, with a total length of 239 meters will feature GTT’s NO96 containment system and will be built on Hudong Zhonghua’s G4 Changxing

Report: McDermott set to file for bankruptcy

20 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of McDermott McDermott International could be filing for bankruptcy over the course of next week. Citing people close to the matter, Bloomberg reports the company is looking into a restructuring plan to convert its debt into equity. The majority of the shares will be owned by the group

Höegh LNG completes bond refinancing

20 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Höegh LNG Norway-based floating LNG giant Höegh LNG said it has refinanced its Nordic bond maturing in June with two new debt facilities.  Refinancing of the Nordic bond maturing in June has been completed with two debt facilities, a new and smaller Nordic bond and a revolving

Chantiers de l’Atlantique bags MSC Cruises LNG pair

20 Jan No Comments gregsamuel_e5x9azx4 LNG World News

zoomImage courtesy of Chantiers de l’Atlantique MSC Cruises and Chantiers de l’Atlantique have signed firm contracts for the construction of third and fourth LNG-powered MSC World Class ships.   The vessels are scheduled for delivery in 2025 and 2027,  Chantiers de l’Atlantique said in its statement. The first of the initial

Eidesvik scores contract extension for LNG-fueled PSV

20 Jan No Comments gregsamuel_e5x9azx4 LNG World News

Image courtesy of Wärtsilä Norway’s Eidesvik Offshore has secured a five-year deal from Equinor Energy for its LNG-fueled platform supply vessel (PSV) Viking Energy.  The contract includes options for extension, Eidesvik said in its statement. Viking Energy is the world’s first LNG-fueled PSV, with an overall length of 94.9 meters

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