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Two Lng News

25 Apr 2024

Avenir LNG Orders Two LNG Bunker and Supply Vessels from Chinese Shipyard

© vladsv / Adobe Stock

UK-based small-scale liquefied natural gas (LNG) supplier Avenir LNG has entered into a shipbuilding contract with Nantong CIMC Sinopacific Offshore & Engineering in China, a subsidiary of CIMC Enric, for two new LNG bunker and supply vessels.The two 20,000 cbm LNG bunker and supply vessels are scheduled to be delivered in the fourth quarter of 2026 and the first quarter of 2027.The newbuildings will feature new Type C tank designs, lower boil off rates, the latest engine technologies…

18 Apr 2024

Stena Bulk Sells LNG Carrier Stena Blue Sky

(Photo: Stena Bulk)

Tanker shipping company Stena Bulk on Thursday announced the sale of the liquefied natural gas (LNG) carrier vessel Stena Blue Sky to an undisclosed Asian buyer.The sale of Stena Blue Sky follows the recent announcement that Stena Bulk had sold two LNG carriers to BW LNG.The successful transfer of Stena Blue Sky has already taken place. The vessel was delivered on April 18 in Singapore.Originally built in 2006 by Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea, Stena Blue Sky has a carrying capacity 145…

26 Mar 2024

Stena Bulk Completes Sale of LNG Tankers

Erik HĂĄnell, President & CEO of Stena Bulk. Image courtesy Stena Bulk

Stena Bulk completed the sale of two of its LNG carriers – Stena Crystal Sky and Stena Clear Sky – to BW LNG.As part of the sale, BW LNG will assume the existing charters for both vessels.Both vessels were originally delivered in 2011 from Daewoo Shipbuilding & Marine Engineering in South Korea. Stena Crystal Sky and Stena Clear Sky each have an LNG carrying capacity of 174,000 cbm.“As part of our strategy to continuously look for new opportunities, Stena Bulk took the decision some time ago to sell Stena Crystal Sky and Stena Clear Sky," said Erik Hånell, President & CEO of Stena Bulk.

09 Jan 2024

Nakilat Grows Fleet with Six New LNG and LPG Carriers

(Credit: Nakilat)

Qatar-based energy shipping company Nakilat has placed orders to with Hyundai Samho Heavy Industries (HSHI) of South Korea for the construction of six new LNG and LPG carriers.The order includes two LNG carriers with a cargo capacity of 174,000 cubic meters each and four very large LPG/ammonia gas carriers, with a substantial cargo capacity of 88,000 cubic meters.The vessels are set to be delivered between 2026 and 2027, Nakilat said.Upon delivery, Nakilat's LNG fleet will expand to 71 vessels…

09 Jan 2024

Energos Acquires Two FSRUs from Dynagas

(Credit: Energos Infrastructure)

Offshore LNG infrastructure company Energos Infrastructure has completed the acquisition of two floating storage and regasification units (FSRUs) from the affiliates of Greek Dynagas.The two 174,000 m3 closed-loop FSRUs, built in 2021, will be renamed Energos Force and Energos Power, said Energos Infrastructure, a joint venture majority-controlled by Apollo and minority shareholder New Fortress Energy.Earlier in 2023, the FSRUs commenced long-term charter contracts with the German…

06 Dec 2023

GTT Designing Tanks for Purus VLECs

Source: Purus

GTT has received an order from HD Hyundai Heavy Industries for the tank design of two new very large ethane carriers (VLEs), on behalf of shipowner Purus.GTT will design the tanks of these two vessels, which will each offer a capacity of 98,000m3. The tanks will be fitted with the Mark III membrane containment system developed by GTT.Delivery is scheduled between the fourth quarter of 2026 and the second quarter of 2027.The vessels will feature dual-fuel ethane engines and optimized cargo handling systems, enabling lower CO2 and SOx emissions.

28 Nov 2023

LNG Carrier Loses Power, Unable to Leave Terminal

Historical image courtesy of Bechtel, designer of the natural gas complex.

Shipments of LNG from Australia Pacific LNG have come to a halt after a loaded tanker docked at the site lost power, operator ConocoPhillips and co-owner Origin Energy said on Tuesday.So far two LNG cargoes have been delayed, and Origin warned "it expected that more LNG cargoes will be deferred", as the stricken vessel was blocking other tankers from entering the facility on Curtis Island off Australia's east coast.APLNG, which has a capacity of 9 million metric tons per annum (mtpa) of LNG…

19 Sep 2023

Japan Responds to Fresh Sanctions on Arctic LNG 2

© KKF / Adobe Stock

Japan will ensure stable and steady energy supply to the country even after the U.S. imposed fresh sanctions related to Russia's Arctic LNG 2 project, Japan's Chief Cabinet Secretary Hirokazu Matsuno said on Tuesday.The Arctic LNG 2 project is operated by Russia's Novatek while Japanese trading company Mitsui & Co and state-owned Japan Organization for Metals and Energy Security (JOGMEC) hold a combined 10% stake.Mitsui and JOGMEC are set to receive a combined 2 million metric tons of LNG per year from the project.The latest sanctions are part of several economic measures the U.S.…

17 Jul 2023

Newcastlemax Bulker Delivered to Himalaya Shipping

(Image: Himalaya Shipping)

Dry bulk shipping company Himalaya Shipping announced it has taken delivery of the fifth in a series of 12 dual-fuel 210,000 dwt Newcastlemax bulk carriers being built by New Times Shipyard.The vessel, Mount Matterhorn, will commence a 32- to 38-month time charter plus an option for 11 to 13 months and will earn an index-linked rate, reflecting a significant premium to a standard Capesize vessel, Himalaya said. The time charter also includes a profit sharing of any economic benefit derived from operating the vessel's scrubber or running on liquefied natural gas (LNG)…

18 Apr 2023

MOL's Second LNG-Fueled Ferry Enters Service

Sunflower Murasaki, source MOL

Mitsui O.S.K. Lines (MOL) has announced that the second of Japan's first two LNG-fueled ferries, the Sunflower Murasaki, has entered service.The vessel is owned by MOL and operated by its group company Ferry Sunflower. The vessel is a sister ship to the Sunflower Kurenai, which began operation in January, and will sail the Osaka-Beppu route between Sunflower Ferry Terminal (Osaka) and Beppu International Tourist Port (Oita) as a replacement for the existing vessel Sunflower Cobalt.The 17…

31 Jan 2023

Samsung Heavy Delivers LNG Pair for MISC

With the addition of Seri Damai and Seri Daya, MISC now has 31 LNG carriers in its GAS Business, in addition to six Very Large Ethane Carriers (VLECs) and two LNG Floating Storage Units (FSUs), which has a combined deadweight tonnage (dwt) capacity of over two million tons. Image courtesy MISC

Seri Damai, Seri Daya join MISC LNG Carrier FleetMISC welcomed two of its latest new generation of Liquefied Natural Gas (LNG) carriers, Seri Damai and Seri Daya to its fleet of LNG carriers. These 174,000 CBM LNG carriers were built for MISC by Samsung Heavy Industries Co., Ltd. (SHI), and upon their delivery, the new LNG carriers will be on long-term charters to ExxonMobil’s wholly-owned subsidiary, SeaRiver Maritime LLC (SRM) and will be managed by Eaglestar Shipmanagenent (S) Pte.Ltd.“The delivery of Seri Damai and Seri Daya today…

19 Jan 2023

Asyad Orders Two LNG Carriers from Hyundai Samho

(Photo: Asyad Shipping)

Oman’s Asyad Shipping has signed an agreement with Korean shipyard Hyundai Samho Heavy Industries to build and deliver two fifth-generation liquefied natural gas (LNG) carriers in 2026.Asyad Shipping and Asyad Drydock CEO, Ibrahim Al-Nadhairi,  said, “The fifth-generation 174,000 cbm LNG carriers meet the highest international standards of environmental and commercial sustainability, as well as boasting 58% less fuel consumption than the older, second-generation 138,000 cbm LNG carriers.

17 Jan 2023

Gas Starts to Flow to Freeport LNG Export Plant

© Timon / Adobe Stock

Freeport LNG's long-shut liquefied natural gas (LNG) export plant in Texas started receiving pipeline natural gas over the long U.S. Martin Luther King Jr holiday weekend, according to Refinitiv data.U.S. LNG exports have been steadily increasing for years and Freeport, the second biggest U.S. LNG export plant, is one of a number of key facilities for shipments around the world, where demand has soared following Russia's decision to largely cut off piped gas supply to Europe after Moscow's invasion of Ukraine.Gas started flowing to Freeport on Jan.

16 Jan 2023

Sunflower Kurenai: Japan's First LNG-fueled Ferry Enters Service (Gallery)

©Mitsui O.S.K. Lines

Japan's Mitsui O.S.K. Lines (MOL), Ltd. said Monday that the first of Japan's first two LNG-fueled ferries, the Sunflower Kurenai, owned by MOL and operated by its group company Ferry Sunflower entered service on January 13.The ferry serves the Osaka-Beppu route between Sunflower Ferry Terminal (Osaka Prefecture) and Beppu International Tourist Port (Oita Prefecture) as a replacement for the ferry Sunflower Ivory."Compared to earlier ferries, the new ferry offers greater transport capacity and convenience for both cargo and passenger transport.

03 Nov 2022

MISC, Partners Secure Five Newbuild LNG Carriers

VLEC Seri Elbert. Photo courtesy MISC Berhad

MISC Berhad (MISC), through its wholly-owned subsidiary, Portovenere and Lerici (Labuan) Pte Ltd (PLL), together with its consortium partners, Nippon Yusen Kabushiki Kaisha (NYK), Kawasaki Kisen Kaisha, Ltd. (K-Line) and China LNG Shipping (Holdings) Limited (CLNG), have been awarded long-term time charter contracts by QatarEnergy for five additional newbuild Liquefied Natural Gas (LNG) carriers to be built by Hudong-Zhonghua Shipbuilding (Group) Co., Ltd.Together with the seven long-term time-charter contracts that were secured earlier in August…

02 Nov 2022

NYK to Order Two LNG-Fueled Large Coal Carriers

©NYK

Japan's NYK is set to order two LNG-fueled large coal carriers from Oshima Shipbuilding Co., Ltd. The vessels are scheduled to be delivered in 2025."This ship order is a part of a bulk carrier fleet development aimed at achieving net-zero greenhouse gas (GHG) emissions in the NYK Group's oceangoing businesses by 2050," NYK said.NYK says that compared to conventional heavy oil-fueled ships, the two new ships will emit zero sulfur oxides (SOx), 80% less nitrogen oxides (NOx), and 30% less carbon dioxide (CO2).

14 Jul 2022

ConocoPhillips to Take 30% Stake in Sempra's Port Arthur LNG project

Credit: Sempra

ConocoPhillips said on Thursday it would take a 30% equity stake in Sempra Energy's Port Arthur liquefied natural gas (LNG) plant in Texas, as the U.S. oil and gas producer expands its LNG business to meet soaring demand.Western sanctions on Russian fuel has choked an already undersupplied market and sent buyers scrambling for the heating fuel.

04 Oct 2022

BHP to Receive Three LNG-fueled Bulk Carriers in Next 6-9 mths

BHP Group expects to receive three more bulk carriers powered partly by liquefied natural gas (LNG) in the next six to nine months, part of the company's plans to cut emissions from shipping, a senior executive said.BHP, which received its first two LNG-fuelled vessels earlier this year, has locked in some term supplies of LNG buffering the company from volatile prices and is studying the potential for biofuels, Fergus Eley, BHP's Head of Maritime Enterprise, told Reuters on the sidelines of the Singapore International Bunkering Conference and Exhibition (SIBCON) 2022.The world's largest miner and shipper of dry bulk commodities is targeting…

22 Jun 2022

Ineos Inks 20-year LNG Deal with Sempra Infrastructure

© Carabay / Adobe Stock

Britain's INEOS Energy, part of INEOS Group, has signed an agreement with U.S. firm Sempra Infrastructure for the supply of 1.4 million tonnes per annum of liquefied natural gas (LNG) from North America for 20 years, it said on Wednesday.It marks INEOS's entry into the global LNG market, with the volumes intended both for trading and supplying of INEOS' own industrial needs in Europe.The LNG will be delivered free-on-board, from either the proposed Port Arthur LNG Phase 1 project or the Cameron LNG Phase 2 projects in the U.S.

03 Aug 2022

US Regulator to Allow Freeport LNG to Resume Partial Operations in October

(File photo: Freeport LNG)

The second-largest U.S. liquefied natural gas (LNG) exporter on Wednesday said it reached an agreement with a federal regulator that will allow it to resume some operations at its Quintana, Texas, plant in October.Freeport LNG shut the plant, which supplies about 20% of U.S. LNG exports, following an explosion and fire on June 8. Its closure helped to push up LNG prices in Europe and Asia, and dampening U.S. natural gas prices.The operator reached a consent agreement with the…

30 Aug 2022

MOL's New LNG-powered Ferry Named in Japan

Credit: MOL

Mitsui O.S.K. Lines, Ltd. (MOL) has informed that on August 30, naming and launching ceremonies were held for the second of Japan's first two LNG-fueled ferries. The ferries were ordered from Mitsubishi Shipbuilding Co., Ltd..The ceremonies were held at the Enoura Plant of Mitsubishi Heavy Industries, Ltd. Shimonoseki Shipyard & Machinery Works in Japan.MOL Chairman Junichiro Ikeda named the vessel the "Sunflower Murasaki."On hand for the rope-cutting honors was para-athlete Maya Nakanishi, who has ties to both Osaka and Oita Prefecture, homes to the ports the new ferry will serve.

05 Jul 2022

Guangzhou Shipyard Delivers Pair of Innovative Newbuild Ships

The 57,000 dwt Greenway, an LNG dual fuel Suezmax tanker built by GSI shipyard in China for Singapore headquartered shipowner Eastern Pacific Shipping Pte. Ltd. (Photo: Guangzhou Shipyard International)

Guangzhou Shipyard delivered a pair of innovative ships recently: the 274m, 157,300 dwt Greenway reported to be the world’s first LNG dual fuel Suezmax tanker built for Singapore headquartered shipowner Eastern Pacific Shipping Pte. Ltd.; and the 49,990 dwt tanker Stena Pro Marine, the second methanol-fueled ship ever built in China.The Stena Pro Marine was handed over to Proman Stena Bulk, a joint venture between Sweden’s Stena Bulk AB and Switzerland-headquartered Proman, with…

08 Jul 2022

Cheniere Asks Biden Admin to Drop Pollution Rule

© Wojciech Wrzesień / Adobe Stock

Cheniere Energy Inc has asked the Biden administration to exempt it from limits on emissions of cancer-causing pollutants, arguing they would force the top U.S. exporter of liquefied natural gas to shut for an extended period and endanger the country's efforts to ramp up supplies to Europe, according to documents reviewed by Reuters.The request imposes an uncomfortable dilemma on President Joe Biden’s administration as it tries to balance efforts to slash pollution from the fossil…