The IMO (International Maritime Organization) has chosen DNV to gather knowledge about the potential of LNG powered international shipping in the North American Emission Control Area (ECA) and identify the necessary conditions for the successful implementation of LNG as a fuel source in the region. Natural gas is a widely available fuel across North America, but availability of LNG is limited, as the demand and supply side are waiting for each other, partly held up by logistical problems. The big investment decisions that have to be made related to LNG as a fuel are not made easier by the uncertainty and guesswork currently surrounding the feasibility of LNG as a fuel. “In developing LNG as an alternative fuel for short sea shipping, we foresee significant market opportunities for manufacturers, ship designers, and yards with focus on LNG technology. DNV’s involvement in research and innovation in LNG supply, storage, engines and emission issues has demonstrated that ship safety, market mechanisms, and operational regularity can be maintained when operating ships on LNG. But there are many variables and risks that have to be assessed and managed first, and we hope this study will contribute to this,” says Tony Teo, DNV’s Technology and Business Director in the US. To provide actionable intelligence and insight, a number of topics have to be addressed as part of the feasibility study:
DNV now offers shipowners the support they need to make newbuilds and existing vessels LNG ready with class approved designs, ready for later, simple retrofit of LNG technology. The service enables shipowners to make smart choices and minimal investments now in readiness for when LNG bunkering becomes widely available. Shipowners are supported through all stages of the decision-making process as they prepare to meet the IMO air emission regulations entering into force from 2015
Wison Offshore & Marine Announces Award for construction of World’s First Floating LNG Liquefaction Unit. Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced today the successful award of a contract by the Exmar group for engineering, procurement, construction, installation and commissioning (EPCIC) of the world’s first Floating LNG Liquefaction, Regasification and Storage Unit (FLRSU)
Shell Australia has awarded a major contract for the design, construction and operation of three Infield Support Vessels (ISVs), which will create approximately 80 local jobs and support its Prelude FLNG Project, located 475km north-north east of Broome, in Western Australia. Perth-based KT Maritime Services Australia Pty Ltd, a joint venture partnership with KOTUG International B.V and Teekay Shipping Australia Pty Ltd, will supply three 42-meter
According a new forecast by MEC intelligence nearly 10,000 vessels could be adopting LNG propulsion by 2020 triggering a huge growth in the market. Companies in all aspects of the maritime value chain– oil majors, terminals, ports, bunker suppliers, service companies, component producers, vessel owners and charterers – need to rethink their offerings.” A ground breaking report published by the maritime cleantech market insight firm MEC Intelligence estimates more than 5%
Hamworthy has secured the contract to supply liquefied natural gas handling technology for what will be Asia’s first Floating Storage Regasification Unit (FSRU). The marine and offshore fluid handling systems specialist has signed a contract with Golar LNG to deliver a liquefied natural gas regasification system for the West Java FSRU, which will be Indonesia's first LNG regasification terminal. In October, Golar LNG Energy announced that it had been selected by PT Nusantara Regas
LNG is the topic of discussion during an OTC General Session and two technical sessions planned during the Offshore Technology Conference (OTC), 3-6 May, at Reliant Center at Reliant Park in Houston. "LNG is an important issue for OTC this year," said Skipper Strong, OTC .04 Program Committee Chairman and Account Manager-ChevronTexaco at Technip Offshore. "During some major OTC sessions, participants discuss how LNG import terminals are moving offshore because of federal land issues
As Cargo, Fuel or both; LNG is emerging as the clear and clean way forward for the maritime industry. • In the Beginning The use of LNG as a marine fuel is not new. Vessels trading cryogenic LNG have burned boil-off natural gas in steam boilers for many years as a simple solution to maintaining necessary temperatures and pressures within cargo spaces
Effective June 1, Mitsubishi Heavy Industries, Ltd. (MHI) will establish LNG Project Management Department, within the Environmental and Chemical Plant Project Management Division of the Company's Engineering Headquarters. The new department will be dedicated to market exploration of LNG (liquefied natural gas) related business opportunities. By establishing the new unit, MHI aims to expeditiously respond to the growing demand for LNG related facilities that is being fueled by rapid expansion
FMC Technologies entrusted Rina Group’s company, RINA Services, with the Technology Qualification of its new technology loading arms designed for installation on the FSRU Toscana and also the Chiksan Articulated Tandem Offshore Loader (ATOL) marine loading arms. Both feature innovative technologies to transfer LNG in a marine environment, and both are now qualified to enter service. Dino Cervetto, Technical Services Sector Manager, Rina Services, said
Teekay LNG Partners L.P. announced that Beverlee F. Park has accepted an invitation to join Teekay LNG's Board of Directors and to Chair its Audit Committee, effective March 11, 2014. Park replaces Robert E. Boyd who retired today from the Teekay LNG Board after serving as a Director and Chair of
The European Union will co-finance with a little over €600,000 from the TEN-T Programme a series of studies to develop a Liquefied Natural Gas (LNG) hub in the Port of Ferrol, located near the city of La Coruña in the northwest of Spain.
Jensen Maritime Consultants – leveraging a unique porthole on the maritime industry – anticipates and meets demand in the burgeoning maritime LNG sectors. Nevertheless, says Jensen’s Johan Sperling, it’s not rocket science.
Building for the possibility of shortsea shipping involves many variables. The novel concept of rebirthing short sea shipping into what it once was or could be, may remain just that, a novelty. It would be paramount to overcome the “my way
A new study by Lloyds Register and University College, London, discusses the prospects of marine fuels in 'Global Marine Fuel Trends 2030', giving insights into future fuel demand for the containership, bulk carrier/general cargo and tanker sectors (which represent about 70% of the global shipping
On February 27, Elliott Bay Design Group (EBDG), a Seattle-based naval architecture and marine engineering firm with offices in New Orleans and Ketchikan, obtained approval in principle (AIP) from the American Bureau of Shipping (ABS) for the design of a 2
By Jonathan Saul and Oleg Vukmanovic, Reuters Deliveries of new gas tankers have created a glut that is threatening to tip some operators into losses, just as other shipping markets emerge from their worst downturn in decades. The liquefied natural gas (LNG) tanker market was until recently
RS has carried out a new phase of surveyors training on classification services for LNG carriers. The first phase (2008-2010) was carried out by RS in cooperation with American Bureau of Shipping (ABS) and included a theoretical course for surveyors according to joint program and a
United European Car Carriers (UECC), jointly owned by Nippon Yusen Kabushiki Kaisha (NYK) and Wallenius Lines, inform it has signed a contract to construct two triple-fuel LNG Pure Car & Truck Carriers (PCTCs). The contract has been signed with Kawasaki Heavy Industries (KHI) and the
International classification society Bureau Veritas (BV) is to class a gas-fuelled major ro-ro passenger ferry newbuilding and oversee the conversion of three existing ro-pax ferries to LNG power for Brittany Ferries. A major risk analysis carried out by Bureau Veritas together with Tecnitas was
By Oleg Vukmanovic and Henning Gloystein, Reuters As Russia tightened its grip on Ukraine's Crimea region this month, U.S. and European Union officials were urging the Obama Administration to speed up approvals of more liquefied natural gas (LNG) export terminals.
SNAME announced its seventh technical meeting for the 2013-2014 season, during which Dr. Panagiotis Zacharioudakis, Senior Researcher at the National Technical University of Athens (NTUA), will speak on the subject of “The Financials of LNG
With its latest offering, Videotel said now provides a more extensive portfolio of training for the LNG sector. Working with experts across the globe – BP Shipping, Shell, Maersk and SIGTTO, among others – the company said it has created a package of training covering the essentials
By Claire Milhench, Reuters New fuel rules for ships entering low sulphur zones around northwest Europe and North America next year could trigger a price spike in European gasoil, whilst refiners will struggle to offload unwanted fuel oil.
Cut Andrea Cogliolo (Eric Haun) Caption Andrea Cogliolo International classification society RINA has been authorized by the Danish Maritime Authority to act on its behalf to carry out plan approval and surveillance during construction on