Lithuanian energy terminal operator Klaipedos Nafta (KN) has secured the public tender for the commercial management of four German liquefied natural gas (LNG) terminals on the North Sea coast. Archive. Courtesy of Niedersachsen Ports Specifically, the company has signed a contract with German state-owned Deutsche Energy Terminal (DET), which, on
The first next-generation methanol-ready multipurpose vessel being built in China for Singapore-based shipping company AAL Shipping has been launched. In late December 2023, AAL Limassol was floated out into the water from dry dock and moved to pier at the CSSC HuangPu WenChong Shipyard. AAL Limassol is the first of
Canadian shipowner Seaspan Energy has launched its first of three 7600 cbm LNG bunkering vessels, Seaspan Garibaldi. Seaspan Seaspan Garibaldi measures 112.8 meters in length, 18.6 meters in width, and 5 meters in draft, with a design speed of 13 knots. The LNG bunkering vessel, like its sister vessels, is
Israel’s inaugural floating liquefied natural gas (FLNG) terminal has received its maiden shipment of LNG from BP, marking the commencement of its commercial operations, as reported by local media. During the inauguration ceremony on January 24, energy officials praised the FLNG import terminal for its capability to alleviate Israel’s gas
Seaborne trade has witnessed a notable uptick in 2023, registering a 3% increase to a $12.4 billion, according to data from Clarksons Research. Courtesy of Capital Ship Management The global maritime landscape further unveils a 3% growth in the world fleet, reaching an 2.3 billion deadweight tons (dwt). Despite this
Vitol Asia, a unit of a Switzerland-based energy and commodities company Vitol, and GAIL (India), the largest natural gas supplier under India’s Ministry of Petroleum and Natural Gas, have signed a deal for the annual supply of approximately one million metric tons of LNG for a period of approximately 10
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
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
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
“A lot of people talk about digitalization, but digitalization is not a purpose in itself, but it can be an enabler to meet changing customer demands,” said Maaike de Rover, Program Manager Digitalization, Huisman. Navingo BV During the Huisman session at the Offshore Energy Exhibition & Conference (OEEC) 2023 in
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
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