Image: DNV GL Classification society DNV GL granted approval in principle to Jiangnan Shipyard’s new liquefied natural gas (LNG) carrier design. The design was developed by the Chinese shipyard in cooperation with ship designer MARIC, GTT, DNV GL and major equipment manufacturers, according to a DNV GL statement. The “LNG JUMBO”
The three liquefaction trains currently under construction at the existing LNG import terminal (Image courtesy of Freeport LNG) US LNG export terminal developer, Freeport LNG said on Wednesday it signed a binding heads of agreement with a unit of Japan’s Sumitomo Corporation for 2.2 million tons per annum (mtpa) of LNG from the
Image courtesy of Höegh LNG Norway’s FSRU giant Höegh LNG has entered into a time charter contract with Spanish LNG player Naturgy for its ninth floating storage and regasification unit. The time charter starts in December 2018, immediately after the delivery of the unit and a positioning voyage from South Korean shipbuilder
zoomImage courtesy of ABS American Bureau of Shipping (ABS) granted approval in principle to Hudong-Zhonghua Shipbuilding’s new liquefied natural gas (LNG) carrier design. The approval of 174,000-cbm GTT MARK III Flex LNG carrier strengthens Hudong-Zhonghua Shipbuilding’s position as China’s premier LNG shipbuilder, ABS said in a statement on Tuesday. Through
zoomFor illustration purposes only (Image courtesy of Woodside) The Federal Labor Party’s proposal for permanent controls on Australia’s LNG exports will not lower long-term domestic gas prices, according to APPEA, the national body representing Australia’s oil and gas exploration and production industry. APPEA said in a statement on Monday that
zoomImage courtesy of the Panama Canal Authority The Panama Canal Authority said on Friday it will make changes to the waterway’s booking system for Neopanamax vessels, effective October 1. “The modifications are a step in a positive direction for the Neopanamax Locks and take into consideration the lifting of certain navigation
Illustration purposes only (Image courtesy of Furetank Reederi) Gothia Tanker Alliance’s fifth LNG-fueled vessel, the Fure Ven, has pulled out of the dock at the Chinese Avic Dingheng shipyard. It is a part of the six-vessel series ordered by the Gothia Tanker Alliance members Furetank, Älvtank and Erik Thun. Out of
Image courtesy of Chevron US energy giant ExxonMobil has reportedly put up a single cargo from the Chevron-operated Gorgon LNG facility in Australia with delivery in November. Sources told Reuters that the bids for the volume from the facility are due on September 3. Gorgon comprises a three-train, 15.6 million tonnes
Image courtesy of Elengy French LNG operator Elengy, a unit of the energy giant Engie, said its Montoir-de-Bretagne terminal reached a number of milestones during the month of August. The facility saw 13 LNG carriers dock during the month, four of which unloaded cargoes, with further three reloadings and three LNG
Illustration purposes only (Image courtesy of Kansai Electric) Spot LNG prices in Asia have jumped for the third week running as the demand from Japan and South Korea remained strong. Sources told Reuters that the prices have been bumped up by the delivery delays from Brunei that have ended. LNG
zoom Russian gas giant Gazprom saw its net profit rising more than five-fold in the second quarter of this year. Moscow-based Gazprom posted a net profit of 259 billion roubles ($3.8 billion) as compared to 48 billion roubles in the year-earlier period, boosted by higher sales and increased oil and gas
