Image courtesy of KHI Central LNG Shipping Japan Corporation (CLS), has ordered a liquefied natural gas (LNG) bunkering vessel at Kawasaki Heavy Industries (KHI). CLS is a joint venture between Kawasaki Kisen Kaisha, Chubu Electric Power, Toyota Tsusho Corporation, and Nippon Yusen Kabushiki Kaisha, established in May to own the
Image courtesy of Mitsubishi Heavy Industries Mitsubishi Shipbuilding, a unit of Mitsubishi Heavy Industries (MHI), christened the second Sayaringo STaGE type vessel, the Diamond Gas Rose. LNG carrier under construction for a joint venture of Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK Line), features increased LNG carrying capacity and fuel
zoomImage courtesy of SEALNG SEA\LNG, the coalition promoting the use of LNG as marine fuel stressed the importance of continuing investment in the sector in order to meet both air quality and greenhouse gas (GHG) emissions targets. Aiming to aid the industry and governments in making a pragmatic and balanced analysis
zoomImage courtesy of CIMC Enric China LNG Group, through its unit, Gangzong Trade signed a deal with CIMC Enric Energy for the acquisition of liquefied natural gas (LNG) tank containers. The latest agreement is valued at 475 million Chinese yuan ($71.4 million), the company said in a filing to the stock
zoomImage courtesy of CNOOC China National Offshore Oil Corp (CNOOC) began construction works on the second phase of the Ningbo LNG import terminal in Zhejiang province. The facility located in the Zhejiang province currently has a capacity to handle 3 mtpa of LNG. Citing a Zhejiang provincial government, Reuters reports the
zoomImage courtesy of Furetank Rederi Sweden-based Furetank a part of the Gothia Tanker Alliance, held a name giving ceremony for its LNG-fueled intermediate product and chemical tanker, Fure Vinga. The ceremony was held at the vessel’s home port, Donsö, Furetank Rederi said in a brief statement through its social media channels. The
Image courtesy of Cheniere Liquefied natural gas (LNG) exports from the United States have risen during the week ending June 27, edging up for the second week in a row, the Energy Information Administration said in its weekly natural gas report. Six liquefied natural gas (LNG) tankers with a combined
For illustration purposes only; Pyeongtaek LNG terminal in South Korea (Image courtesy of Kogas) Asian spot prices for liquefied natural gas (LNG) reportedly dropped for a second consecutive week due to lower trading activity and a slow down in buying from China. Spot prices for August delivery in Asia fell
Image courtesy of Equinor – Ole Jørgen Bratland French cabling and connectivity solutions specialist, Nexans, has been contracted by Equinor to design and manufacture umbilicals to control the Askeladd’s subsea production systems in the Barents Sea. The Snøhvit gas field in the Barents Sea is now entering part two of its multi-phase development
Image courtesy of Novatek Russia’s largest independent natural gas producer Novatek signed a strategic agreement with its compatriot shipper Sovcomflot, to partner up on transporting LNG and condensate from the Arctic LNG projects. These projects include Novatek’s Yamal LNG, Arctic LNG 2 and other Arctic projects of the company. “Our unique
zoomImage courtesy of Teekay Teekay LNG Partners said that Brody Speers, the current chief financial officer (CFO) of Teekay Gas Group has been appointed as vice president, corporate finance, of Teekay Shipping (Canada). Scott Gayton, who currently serves as a vice president at Teekay, has been appointed to assume the CFO
zoomIllustration purposes only (Image courtesy of Chevron) The year 2017, another record-breaking year for LNG trade, reinforces the global role liquefied natural gas has on the expansion of the use of natural gas, an International Gas Union (IGU) report shows. After steady growth in recent years, global LNG trade in