MAN Diesel & Turbo introduced its Liquid ME-GI (Liquid Gas Injection) engine. The Liquid ME-GI is powered by LPG (Liquid Petroleum Gas), a smaller market than LNG but of significance in certain segments such as the small tankers that ply river traffic and coastal shipping routes. The Liquid ME-GI is a variant of MAN Diesel & Turbo‘s ME-GI engine, whose control and safety system is based on the experience gathered since the mid-1990s at working gas plants, including a 12K80MC-GI-S in Japan, and the development of a VOC (Volatile Organic Compound) engine in the late 1990s. The announcement follows closely on the company‘s announcement last autumn that a full-scale type test for its ME-GI concept would take place at its test centre in Copenhagen in 2011. All MAN Diesel & Turbo electronically controlled ME engine types are available in dual-fuel versions with the LPG-fuelled version designated ME-LGI. The Liquid ME-GI engine‘s performance is equivalent in terms of output, efficiency and rpm to MAN Diesel & Turbo‘s successful ME-C and ME-B series of engines. As the Liquid ME-GI engine‘s fuel system has few moving parts, it is also more tolerant of different fuel types and accordingly can run on DME (DiMethyl Ether). DME can act as a clean fuel when burned in suitably optimised engines
Braemar Seascope Ltd, the shipbroking arm of Braemar Shipping Services plc, has acquired the LPG broker and consultant LPG Connect International to form a product broking division called Braemar LPG Connect, to take effect from April 21st, 2009. Braemar LPG Connect will be located in Braemar Seascope’s London office and will be headed by Stuart Anderson who will also be part of Braemar’s Gas Department team, with Allison Isaac-Hierscher joining in operations
Stealthgas Inc. took delivery of the M/V Sea Bird II on May 18, 2007, the M/V Gas Renovatio on May 29, 2007, the M/V Gas Icon on June 27, 2007, and the M/V Chiltern on June 28, 2007, four LPG carriers that it had previously announced its agreement to acquire, expanding its current fleet to 33 vessels, with a carrying capacity of 141,912 cbm. The M/V Sea Bird II is a 1996 built, 3,518 cbm Fully Pressurized LPG carrier and is employed under a two-year bareboat charter until May 2009 to an
Increasing trade for LPG carriers forecasted Owners of LPG carriers can look forward to increasing trade in 2012, despite the uncertain economic environment and the dampening effect of the mild winter in the northern hemisphere according to Drewry’s latest LPG Forecaster.
Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for a very large liquefied petroleum gas (LPG) carrier able to navigate the Panama Canal from Astomos Energy Corp. The vessel is to feature MHI's world-class energy efficiency and outstanding versatility enabling it to flexibly accommodate the requirements of major LPG terminals. Completion and delivery are scheduled for the second half of 2015. The LPG carrier is to be built at MHI's Nagasaki Shipyard & Machinery Works
EMS Ship Management and Eletson Corporation signed an agreement for Training of Eletson Officers for LPG Trade. The agreement involves a two-year Training Program run by EMS Ship Management and its affiliate EMS Crew Management onboard the LPG Carriers managed by them, to ensure that Senior seagoing Officers of Eletson Corporation are trained to operate/manage LPG Carriers. Both EMS Ship Management and Eletson Corporation are leading companies in their respective fields of ship management
According to a report from the Daily News out of Sri Lanka, the Colombo Dockyard undertook to handle two LPG carriers which will generate around $1.6m to the country, Colombo Dockyard Managing Director Mangala Yapa told Daily News Business. The Shipping Corporation of India, owned LPG carriers Nanga Parbat (17,601DWT) and Anapurna (17,601DWT) sister ships called in for lay up and dry docking repairs during February and March 2011 respectively. (Source: Daily News)
Unitor won contracts from Hyundai Heavy Industries Co. Ltd., worth approximately $5.65m for specialized insulation systems for LNG and LPG carriers under construction at this South Korean shipyard. Hyundai has chosen Unitor to deliver a foam insulation system for the cargo tanks on a 12,000 grt LPG carrier building for a European owner. The contract is valued in the region of $650,000. Unitor has delivered more than 70 foam in situ (molded) insulation systems for liquefied petroleum gas
An explosion aboard an LPG tanker docked at Subic Shipyard in the Philippines killed at least five people, according to shipyard officials. The vessel, identified as Mundogas Europe, was reportedly being prepared for undocking when an explosion occurred in a cargo tank. Five people were killed and eight others were injured, officials said. Shipyard workers quickly put out a fire which followed the blast. No other details about the ship or its cargo were given
Ole Grøne, Senior Vice President – Low Speed Promotion & Sales – MAN Diesel & Turbo, said, “We can really see the momentum towards dual-fuel operation building now. The ME-GI engine we introduced – and immediately received orders for – in late-2012 confirmed the growing demand to have the option to run ships on LNG as well as HFO in the face of increasing fuel prices. Owing to market interest
State-owned energy firm Pertamina plans to raise the non-subsidized liquefied petroleum gas (LPG) price gradually by 2016, ending years of loss-making business due to political interference in pricing, a company official said.
State-owned Oman Shipping Company SAOC (OSC) is projecting to expand its current fleet of 43 ships to 50 by 2018, the Oman Daily Observer reported. According to the report, the expansion is in line with a ramp-up in hydrocarbon, petrochemical and industrial investment throughout Oman.
Aegis Group, a Leader in Oil, Gas and Chemical Logistics, announced successful early commissioning of the 70,120 KL Bulk Liquid Terminal at Pipavav port on West coast of India. The Pipavav - Phase I expansion was initiated in February 2013 to set up Bulk Liquid Terminal of 1
BMT Asia Pacific Pte Ltd (BMT), says it has completed a concept design for the Material Off Loading Facility (MOLF) at Petroliam Nasional Berhad’s (Petronas’) proposed Refinery and Petrochemical Integrated Development (RAPID) complex in southeast Johor, Malaysia.
CITIC Maritime Finance says it has provided a $46.4 million senior secured credit facility to Epic Gas Ltd. headquartered in Singapore, which operates a fleet of 40 LPG and petrochemicals tankships. CITIC add that the facility was used to partially finance the acquisition of a fleet
The U.S. Shale Gas Revolution continues to drive orders for some of the world’s largest, most sophisticated tonnage. Mitsubishi Heavy Industries, Ltd. (MHI) received an order from Astomos Energy Corporation for a very large liquefied petroleum gas (LPG) carrier
Hyundai Heavy Industries (HHI), claimed to be the world’s biggest shipbuilder, and the only one in Korea capable of constructing both Membrane type and Moss type LNG carriers, informs it will exhibit at the upcoming Gastech 2014 show in Gyeonggi Province, South Korea.
Transas Marine launched its new liquid cargo handling simulator LCHS 5000 TechSim LNG which reportedly is the first one in the market to boast ship-to-ship transfer functionality. The new Transas LCHS 5000 TechSim product line includes simulators for LNG tanker, LNG terminal and LPG carrier
SCF Group (Sovcomflot) has released its audited financial results for the year ending 31, December 2013, indicating a slip in profitability during what they describe as another challenging year for the international tanker industry. 2013 Financial Highlights
The Hamburg Port Authority (HPA) said its dedication to pursuing the highest standards of safety, quality and environmental protection led them to joining the Green Award scheme as an incentive provider for seagoing ships. From 2014, oil, product and chemical tankers, LNG and
Lomar informs it has declared a further three options to build new container vessels at Chinese shipyards, which brings the total number of newbuilding orders in hand to over 20 ships. The company has declared its final two options in a total order for six 1
(Reuters) - Costa Rica's refining company Recope launched a tender to buy three 165,000 cargos of fuel oil to be received from mid-April to October at Port Moin, according to an invitation seen by Reuters on Monday. The state-run company has increased imports of fuels since 2013
As expected, 2013 did not bring significant changes to the evolution of the world economy and consequently the rate of growth of world trade. With regard to the maritime freight market, the same situation of imbalance between supply and demand continued with a consequent reflection in value of
EXMAR LPG (the Joint Venture between EXMAR and Teekay LNG PARTNERS) announce sale of the Very Large Gas Carrier (VLGC) FLANDERS HARMONY (85,826 m3 - 1993 built) and the Midsize Gas Carrier TEMSE (35,754 m3 - 1994 built). TEMSE is expected to be delivered to its new owners by the end of the
BMT Group Ltd., an international design, engineering and risk management consultancy, has announced that Jan Kopernicki has joined the Board of Directors as a nonexecutive Director. Jan has extensive experience in the shipping industry, with his career at Shell spanning over 40 years