Illustration purposes only (Image courtesy of Sovcomflot) Russian shipping company Sovcomflot said it has reached a milestone with its LNG-fueled Aframax tankers fleet as it has been in operation for a full year. The company has been accumulating data since it took delivery of its first vessel in the series
Image courtesy of AG EMS Royal Niestern Sander and AG Ems signed the agreement for the conversion of the passenger ship Münsterland to LNG propulsion. For the project, Niestern Sander is set to receive a contribution from the European Regional Development Fund of the European Union for this innovation process.
zoomImage courtesy of Brittany Ferries French shipping company Brittany Ferries has named its third E-Flexer class vessel powered by liquefied natural gas the Santoña. To be chartered from Stena, Santoña is part of the company’s €550 million ($615.8 million) fleet renewal program, Brittany Ferries said in a statement. Santoña will
Image courtesy of Woodside Australian LNG player Woodside has scheduled maintenance at the Karratha gas plant, part of the North West Shelf project. According to a company notice, it will start maintenance on July 26 on one LNG train with expected completion on August 13. Further work on multiple LNG
Illustration purposes only (Image courtesy of Tokyo Electric) The price of spot liquefied natural gas contracted in Japan edged up slightly during the month of June with the arriving LNG prices showing a significant jump. Data from the Japanese Ministry of Economy, Trade and Industry (METI) shows the contract-based price
Image courtesy of Exmar Belgium’s Exmar, the Nicolas Saverys-led shipowner, said it has repaid its outstanding bond financing it through a new $75 million bond issuance and its available resources. Exmar already secured the financing of the FSRU barge in the second quarter of 2019. The financing is approved by
ENERGY Secretary Alfonso Cusi said last week that Dubai-based Lloyds Energy is partnering with Mitsubishi Corp. Energy of Japan to put up a 1,200-megawatt (MW) liquefied natural gas (LNG) merchant power plant. “It is not an LNG terminal. It is a power plant, a merchant power plant whose feedstock is
MANILA, Philippines — State-run Philippine National Oil Co. (PNOC) is looking to secure a significant stake in the 1,200-megawatt (MW) liquefied natural gas (LNG) merchant power plant that Dubai-based Lloyds Energy is planning to build in the country, the energy chief said. Energy Secretary Alfonso Cusi said PNOC and Lloyds
