zoomImage courtesy of SHI South Korean shipbuilding giant Samsung Heavy Industries has completed the construction of its first LNG-fueled vessels, using its in-house developed technology. The shipbuilder delivered two LNG-fueled 113,000-dwt oil tankers to an Asian shipowner earlier this year and with both vessels completing the first bunkering at the
Fluxys LNG offers Zeebrugge terminal capacity up for grabs
Image courtesy of Fluxys Belgium – P. Henderyckx Fluxys LNG said the subscription window for the unloading slots and additional storage services at the Zeebrugge LNG terminal is open. The company noted that the window is open from April 30 to May 24, 2019, allowing market participants to book capacity
Klaipedos Nafta sells its stake in Kairos charter
Image courtesy of Nauticor Lithuanian LNG terminal operator Klaipedos Nafta has agreed to sell its stake in the world’s largest liquefied natural gas bunkering vessel, Kairos. The company informed on Tuesday that it has signed a deal with the Hamburg-based Nauticor, a unit of Linde, to sell the 10 percent
Flex LNG works out financing for its LNG quartet
zoomImage courtesy of Flex LNG Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business has entered into a sale-charter back transaction with Hyundai Glovis for the vessels Flex Endeavour and Flex Enterprise. Under the agreement, Flex LNG will sell the vessels
McDermott wraps up Ichthys LNG offshore campaign
zoomImage courtesy of Inpex LNG contractor McDermott International said it has recently successfully completed the final offshore campaign for the Inpex-operated Ichthys LNG project, located offshore Western Australia. This was the second of two remaining work packages left under McDermott’s contract, which was the largest subsea contract ever awarded at
BC Ferries second Spirit Class LNG-converted vessel enters service
Image courtesy of BC Ferries Canada’s British Columbia Ferry Services (BC Ferries) said its Spirit of Vancouver Island ferry has restarted services following its mid-life upgrade and conversion to LNG fueling. The ship is the second Spirit Class vessel in the fleet to complete the conversion from diesel to LNG,
Australia: Port Kembla FSRU project gets planning approval
zoomImage courtesy of AIE The New South Wales government has given planning approval for Australian Industrial Energy to construct the gas terminal at Port Kembla, the first LNG import terminal in the state. The new terminal will accommodate liquefied natural gas (LNG) carrier ships, a floating LNG handling facility, wharf
Milaha’s profit edges up in first quarter of 2019
Image courtesy of Milaha Doha-based Qatar Navigation (Milaha) reported an increase in net profit for the first three months of the year. Net profit for the period under review reached 278 million Qatari Riyals ($76.4 million) which compares to 260 Qatari Riyals in the first three months of 2018, Milaha
NextDecade’s Rio Grande LNG issued final EIS by FERC
zoomImage courtesy of NextDecade NextDecade informed the Federal Energy Regulatory Commission (FERC) has issued the final environmental impact statement (FEIS) for its Rio Grande liquified natural gas (LNG) project in Brownsville. The final EIS has also been issued for the associated Rio Bravo Pipeline to originate in the Agua Dulce
Chevron’s first-quarter profit slips to $2.6 bln
Image courtesy of Chevron Chevron, the US-based energy company and the operator of the giant Gorgon and Wheatstone LNG projects in Australia, reported a drop in first-quarter earnings. The company posted a profit of $2.6 billion for the first three months, dropping from the $3.6 billion in the corresponding period
BP Shipping adds six LNG carriers to its fleet
Image courtesy of BP BP Shipping added six new liquefied natural carriers to its fleet following a $1.3 billion ship build project. The company became the operator of British Partner, British Achiever, British Contributor, British Listener, British Mentor and British Sponsor. Each ship can carry a cargo of LNG equivalent