LNG-fueled Marine Vicky(Image courtesy of Sinanju Tankers) Vitol Marine Fuels, a unit of the Vitol Group, has acquired the Singapore-based bunkering specialist Sinanju Tankers Holdings (Sinanju). The Singapore bunkering license holding entity has been renamed Vitol Bunkers and from April 1, 2020, all bunker deliveries will be carried out by
Image courtesy of Hudong-Zhonghua Chinese shipyard Hudong-Zhonghua has launched a floating storage and a regasification unit (FSRU) for Greek shipping company Dynagas. The LNG FSRU named Transgas Power was launched at the Korean yard on March 30, according to a Hudong Zhonghua statement. The vessel which is also capable of
Image courtesy of Qatargas The world’s largest liquefied natural gas producer Qatargas delivered the first cargo of liquefied natural gas on a Q-Flex vessel to the ENN Zhoushan LNG receiving terminal in China. The cargo aboard the Qatargas-chartered LNG vessel, Al Gharrafa, was loaded at Ras Laffan on March 16,
Image courtesy of JERA Japan’s LNG importing giant JERA, said the Ohgishima City Gas Supply JV it has established with its compatriots JXTG and Osaka Gas kicked off operations at the city gas production and supply facility in Kawasaki city. The facility will produce approximately 1.1 million tons of city
Illustration purposes only (Image courtesy of MISC) The worldwide natural gas sector has been impacted by a “triple whammy” of coronavirus, oil price crash and LNG oversupply, the consultancy Wood Mackenzie said in a report on Wednesday. “While the collapse of LNG prices towards US production break-evens was foreseeable, the
zoom The European Commission has approved the joint venture in China between China’s Sinopec Gas, and Russia’s Novatek Asia and Gazprombank. The joint venture will be active in the import and export, as well as purchase and sale, of natural gas and investment in natural gas-related projects in China, the
Image courtesy of Fluxys Belgium’s Fluxys said Tuesday that its Zeebrugge liquefied natural gas terminal logged a record number of ship operations during the first quarter of this year. The LNG facility located in the port of Zeebrugge in total conducted 74 ship operations during the quarter with record monthly
Image courtesy of DSIC LGM Engineering, formerly known as Gloryholder LGM, has secured a deal to supply an LNG fuel gas supply system to Dalian Shipbuilding Industry (DSIC). The company noted in its statement it will supply the LNG FGSS to the Chiese shipyard for the construction of a liquefied
Image courtesy of Chevron Oil and gas contractor Worley has secured a services contract extension with Chevron for the company’s Australian assets including Gorgon and Wheatstone LNG projects. The term is for two years and extends upon the initial contract first awarded in 2013, Worley said in its statement on
zoomImage courtesy of Rolls-Royce Rolls-Royce has been contracted to supply the gas-shielded propulsion system for two new LNG-powered multi-purpose vessels being built for the German Federal Waterway and Shipping Administration by Abeking & Rasmussen. The 95-m special vessels will be called out on the North and Baltic Seas to deal
Image courtesy of Minerva Gas Minerva Gas, the Greek LNG carrier owner and operator, has made further progress with its newbuilding program. The company, on Monday, laid the keel for its LNG carrier newbuild, SN2304, at the Samsung Heavy Industries shipyards in South Korea. The company noted in its emailed
The Hague-based energy giant Shell is withdrawing from the planned Lake Charles liquefied natural gas export project in Louisiana citing current market conditions. Oil prices have plunged to an 18-year low on Monday due to the effects of the coronavirus pandemic. The Lake Charles LNG export project is a 50-50