Siem Confucius and Siem Aristotle; Image courtesy of Volkswagen AG German giant Volkswagen Group said that a naming ceremony for Siem Car Carriers’ LNG-fueled vessels was held at Xiamen Shipbuilding’s yard in China. The newly named Siem Confucius and Siem Aristotle will be deployed on the so-called America Round Tour
Shell inks deal to supply Teekay’s LNG-fueled shuttle tankers
zoomSteve Hill, executive VP Shell Energy and Idar Hillersøy, president Teekay Offshore Logistics (Image courtesy of Shell) The Hague-based LNG giant Shell has signed a deal to supply liquefied natural gas to Teekay’s LNG-fueled shuttle tankers in Europe. Teekay’s 130,000-dwt vessels will operate on both liquefied natural gas (LNG) as the
Rolls-Royce, VPower to supply LNG-to-power equipment
Image courtesy of Rolls-Royce Rolls-Royce and VPower Group have signed a deal for the supply of high-efficiency gas power generation equipment of the MTU brand. Rolls-Royce said on Thursday that the final agreement recently inked in Hong Kong, entailed the supply over 200 MTU Series 4000 natural gas gen-sets with
Höegh LNG swings to profit in Q3
zoomImage courtesy of Höegh LNG Norway’s floating storage and regasification unit (FSRU) giant Höegh LNG reported a return to profit in the third quarter of the year. The company reported a net profit of $3.2 million for the quarter ending September 30, 2019, which compares to a $3.6 million loss
DNG Energy to begin LNG bunkering ops from Algoa Bay in 2020
Aldworth Mbalati, CEO and founder of DNG Energy; Image courtesy of DNG South African LNG infrastructure provider DNG Energy is ready to start LNG bunkering in South Africa’s largest bunkering port Algoa Bay next year. Together with its continuing investment into LNG infrastructure by 2020, the company stated that it
Peruvian October LNG exports edge up YoY
Image courtesy of Peru LNG Exports from the Peruvian liquefied natural gas (LNG) facility in Pampa Melchorita during the month of October jumped compared to October 2018. According to the data provided by the state-owned Perupetro, five vessels departed the facility, with volumes totaling 805,906 cubic meters of the chilled
Gazprom to advance LNG, sees no prospects in shale gas
zoomImage courtesy of Gazprom Russia’s Gazprom noted that the shale gas production outside of North America will not have a significant impact on the global gas market configuration and future export activities of Gazprom even by 2030. The company noted that the share of the United States in the global shale gas production
Chart joins LNG bunkering coalition
zoomIllustration purposes only (Image courtesy of Chart SEA\LNG, the coalition promoting the widespread adoption of liquefied natural gas as fuel has been joined by Chart Industries. Chart is an equipment and systems provider to applications that utilize clean-burning, economical natural gas. The liquefaction technology that is used includes specialized heat
Polish LNG terminal receives 74th cargo
Image courtesy of Polskie LNG Polish liquefied natural gas import facility, the President Lech Kaczyński terminal in Świnoujście, has received a new cargo on Wednesday. Polish LNG terminal operator, Polskie LNG, said via social media that the 74th cargo delivery came to the facility onboard the 173,400-cbm liquefied natural gas
Mitsui, Ferry Sunflower to build first two Japanese LNG-fueled ferries
Image courtesy of MOL Japan’s Mitsui O.S.K. Lines (MOL) and its group company Ferry Sunflower have disclosed plans to construct the first two LNG-fueled ferries in Japan. MOL plans to order the vessels, which will be named the Sunflower Kurenai and the Sunflower Murasaki, from Mitsubishi Shipbuilding in December. Ferry
Flex LNG swings to profit, secures $650 mln new financing in 2019
zoomIllustration purposes only (Image courtesy of Flex LNG) Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, swung to a profit in the third quarter of the year. The company reported a net income of $0.5 million for the quarter under