Marine Link
Thursday, October 31, 2024
SUBSCRIBE

Lng Carriers News

29 Oct 2024

LNG Carrier with Nuclear Propulsion Offers Faster Zero-Emission Transits, ABS Finds

(Credit: ABS/Herbert Engineering)

American Bureau of Shipping (ABS) has released its latest report into the potential of advanced nuclear technology for maritime applications, concluding the technology installed on LNG carrier would enable faster transit speeds with zero-emission operations.ABS conducted a study of a small modular reactor on a standard liquefied natural gas (LNG) carrier.The transformational impact of a high-temperature, gas-cooled reactor (HTGR) on the design, operation and emissions of a 145…

28 Oct 2024

Wärtsilä to Provide Operational Support for Seven Capital Gas LNG Carriers

(Credit: Capital Gas Ship Management)

Technology group Wärtsilä has signed a five-year lifecycle agreement covering seven 174,000 m3 LNG Carrier vessels operated by Capital Gas Ship Management.The agreement with Wärtsilä will help Capital Gas to optimize the operations and maintenance of these seven vessels more effectively through 24/7 expert remote support and guidance for troubleshooting and maintenance using specialist diagnostic tools.It will allow Wärtsilä experts to directly monitor the vessels’ systems and…

20 Oct 2024

Nakilat Boosts Profit in Third Quarter

Source: Nakilat

Qatar Gas Transport Company Q.P.S.C. (Nakilat) has achieve a net profit of QAR 1.28 billion ($352 million) in the third quarter of 2024, ended September 30.This represents an increase of 7.2% compared to the same period in 2023.Nakilat says it continues to strengthen its position as one of the world’s largest LNG fleet owners through strategic partnerships, fleet modernization and operational excellence.The company continues to progress with its construction of advanced LNG and LPG/Ammonia carriers, scheduled for delivery in the coming years.

01 Oct 2024

MET Group to Build Its First LNG Vessel in Partnership with Celsius

Illustration/Celsius LNG vessel (Credit: Celsius/MET Group)

As part of its LNG growth strategy, Swiss-based MET Group has reached a partnership agreement with Celsius to build its first LNG vessel, scheduled for delivery in 2027.The LNG carrier will be constructed by China Merchants Heavy Industry (Jiangsu) and will support the growing LNG activities of MET Group.MET’s JV equity partner Celsius is a leading ship owner and operator focusing on sustainable, infrastructure-like investments and special opportunities within the maritime industry.The…

19 Sep 2024

Wärtsilä to Convert Engines on Chevron’s LNG Carriers to Cut Methane Emissions

(Credit: Chevron Shipping)

Technology group Wärtsilä, in partnership with Chevron Shipping Company, plans to convert one engine on six of Chevron Transport Corporation LNG Carriers from dual-fuel (DF) to spark gas (SG) operation to reduce methane emissions.The conversions are intended to reduce greenhouse gas emissions by lowering methane slip in support of Chevron Shipping’s broader efforts to reduce the carbon intensity of its operations.The ‘marine industry first’ was made possible after two years of…

13 Sep 2024

MOL and Chevron to Install Wind-Assisted Propulsion System on LNG Carrier

(Credit: MOL)

Mitsui O.S.K. Lines (MOL) and Chevron Shipping Company, a subsidiary of oil and gas giant Chevron, have signed an agreement to install Wind Challenger to a newbuild LNG carrier, which will become world’s first LNG carrier equipped with wind-assisted propulsions system.The is under long term charter from MOL Encean to Chevron Asia Pacific Shipping, and is currently under construction at the Geoje Shipyard of Hanwha Ocean, scheduled for delivery in 2026.In August 2024, MOL obtained…

10 Sep 2024

QatarEnergy Inaugurates LNG Vessel Rex Tillerson

(Credit: QatarEnergy)

QatarEnergy has inaugurated the Rex Tillerson vessel, marking the delivery of the first LNG vessel under its historic shipbuilding program.Rex Tillerson vessel was named after the former Chairman and CEO of ExxonMobil as a tribute to his life-long accomplishments in the energy sector.The traditional naming ceremony was held at the Hudong-Zhonghua Shipyard in the Chinese city of Shanghai.“As the first ship in our new LNG fleet, the Rex Tillerson will undoubtedly play a significant…

09 Sep 2024

QatarEnergy Orders Six More QC-Max LNG Vessels from Chinese Shipyard

(Credit: QatarEnergy)

QatarEnergy has signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of six additional QC-Max vessels, bringing the total number of LNG vessels on order under its fleet expansion program to 128, including 24 QC-Max mega vessels.The QC-Max vessels, which will be built at China’s Hudong-Zhonghua Shipyard, a wholly-owned CSSC subsidiary, are the largest LNG vessels ever built with a capacity of 271,000 cubic meters each. The new advanced carriers…

27 Aug 2024

Danelec Launches Simulation Tool for LNG Carriers

Source: Danelec

Danelec has released a new simulation tool it says will bridge the gap between LNG carrier commercial and operations teams.LNG carrier operations are subject to several unique challenges, including balancing diverse factors to meet charter party requirements, meeting cargo temperature and pressure requirements at discharge, and optimizing voyage planning amidst variable weather conditions and route complexities to minimize consumption and maximize delivery.By simulating expected vessel performance and providing optimized operational setpoints…

26 Aug 2024

Sanctioned Ship Spotted Transferring Arctic LNG 2 Cargo

© Timon / Adobe Stock

A U.S.-sanctioned gas tanker that picked up a cargo from Russia's new Arctic LNG 2 plant this month has been spotted carrying out a ship-to-ship transfer, suggesting Moscow is managing to continue some exports from the project.Monitoring service TankerTrackers.com said in an X post on Monday that the Pioneer had conducted a transfer to the Palau-flagged, UAE-owned and Indian-managed New Energy tanker north of the Suez Canal.The Arctic 2 LNG plant, which was planned to be Russia's largest…

23 Aug 2024

Plaquemines LNG Plant Nearing Test Mode Startup

(Image: Venture Global LNG)

A tanker full of liquefied natural gas (LNG) docked at Venture Global LNG's Plaquemines export plant in Louisiana, according to shipping data from LSEG on Friday, in what energy analysts said was a sign the plant could start up in test mode soon.The vessel named Qogir came from Norway full of LNG, according to LSEG data and energy analysts.LNG plants under construction, like Plaquemines, use super-cooled fuel to test and cool equipment in preparation for startup.After Plaquemines started pulling in small amounts of natural gas from U.S.

07 Aug 2024

Nakilat’s H1 Profit Up By 7%

Source: Nakilat

Qatar Gas Transportation Company (Nakilat) and its group subsidiaries announced their financial results for the first half of the year ended 30 June 2024, with a net profit of QAR 829 million ($227 million) for the first half of the year ended 30 June 2024, an increase of 7% on the corresponding period in 2023.In 2024, Nakilat achieved significant milestones in its fleet expansion project. The company signed contracts to build six advanced gas carriers, including two LNG carriers and four modern LPG/Ammonia carriers.

02 Aug 2024

MOL Secures ‘World’s First’ AiP for LNG Carrier with Wind-Assisted Propulsion

(Credit: Mitsui O.S.K. Lines)

Mitsui O.S.K. Lines (MOL) has been awarded an approval in principle (AiP) by ClassNK for the design of a membrane LNG Carrier with Wind Challenger wind-assisted propulsion system.The AiP marks the world's first approval for an LNG carrier with a wind-assisted propulsion system, according to MOL, which developed the design of the system together with Hanwha Ocean.The LNG carrier that has obtained this AiP is capable of entering LNG terminals worldwide. It boasts cargo tank capacity of 174…

23 Jul 2024

HD Hyundai Heavy Hires GTT for LNG Carriers Tank Design

(Credit: GTT)

HD Hyundai Heavy Industries has placed on order to French engineering firm GTT for the tank design of two new liquefied natural gas (LNG) carriers, on behalf of a European ship-owner.GTT will design the tanks of these two vessels, which will each offer a capacity of 174,000 m3.The tanks will be fitted with the Mark III Flex membrane containment system developed by GTT.Delivery is scheduled between the first and second quarters of 2028.

04 Jul 2024

Seatrium Secures LNG Carrier Retrofit Contract from Angelicoussis Group

Source: Seatrium

Seatrium has secured a Favoured Customer Contract (FCC) with Angelicoussis Group, the largest shipping group in Greece and one of the world’s largest privately-owned fleets with 141 ships operating under Maran Gas, Maran Tankers and Maran Dry.The two-year contract with one-year renewal option includes the refit of 10 to 15 vessels per year comprising LNG carriers, tankers and bulk carriers. The partnership will involve close co-operation in joint planning, information exchange and experience sharing with the Angelicoussis Group…

08 Jul 2024

Petronas Adds Three New LNG Vessels Ahead of LNG Canada Start-Up

© moofushi / Adobe Stock

Malaysian state energy firm Petroliam Nasional Berhad (Petronas) on Monday said it would add three energy-efficient LNG vessels to its North American operations.The addition of the vessels, which brings the total number in Petronas' fleet in North America to six, comes ahead of the start-up of LNG Canada's gas-export facility due later this year, the company said in a statement.Petronas has a 25% stake in the LNG Canada plant in Kitimat, British Columbia, on the west coast of Canada."With the arrival of these new vessels…

17 Apr 2024

GTT Books Tank Design Order for Eight New LNG Carriers

 © donvictori0 / Adobe Stock

French engineering company GTT has received an order from an Asian shipyard for the tank design of eight new Liquefied Natural Gas Carriers (LNGCs).The order, booked in the second quarter of 2024, is on behalf of a Middle Eastern ship-owner.GTT will design the tanks of these eight vessels, which will each offer a capacity of 174,000 m3.The tanks will be fitted with a membrane containment system from the NO96 series developed by GTT.NO96 technology is a cryogenic liner used to contain liquefied gas at low temperatures during shipping, onshore and offshore storage, at atmospheric pressure.

15 May 2024

MOL Names LNG Carrier Newbuilding Greenergy Ocean

The Greenergy Ocean (Credit: MOL)

Mitsui O.S.K. Lines has named a newbuilding LNG carrier, which will serve China National Offshore Oil Corporation (CNOOC), the Greenergy Ocean.The Greenergy Ocean is the first vessel to be launched under a long-term charter contract for six newbuilding LNG carriers for CNOOC signed in January 2022.The vessel is 299 meters long, with the breadth of 46.4 meters and draft of 11.5 meters.It features a membrane type tank of 174,000m3.After delivery at the end of May, the vessel will transport LNG procured by the CNOOC Group from all over the world…

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…

04 Jul 2024

Oman's Asyad Plans to Float Asyad Shipping, Sources Say

Source: Asyad Group

Oman's state-owned logistics firm Asyad Group is planning an initial public offering (IPO) of its subsidiary Asyad Shipping Co by the end of the year and has selected Jefferies Group and EFG Hermes as advisers, sources familiar with the matter said.Asyad Group, EFG Hermes and Jefferies declined to comment when contacted by Reuters on Thursday about the IPO plans.

29 Apr 2024

QatarEnergy Places $6B Order for 18 LNG Vessels to China’s CSSC

(Credit: QatarEnergy)

QatarEnergy has signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of 18 ultra-modern QC-Max size LNG vessels, marking a significant addition to its LNG fleet expansion program.The new vessels, with a capacity of 271,000 cubic meters each, will be constructed at China’s Hudong-Zhonghua Shipyard, a CSSC wholly-owned subsidiary, and will feature state of the art technological innovation and environmental performance.Eight of the 18 QC-Max size LNG vessels will be delivered in 2028 and 2029…

05 Mar 2024

MOL Signs Long-Term Charter with Tokyo Gas for LNG Carrier Newbuilding

Illustration (Credit: MOL)

Mitsui O.S.K. Lines (MOL) has signed a long-term charter contract for a newbuilding LNG carrier with Tokyo LNG Tanker (TLT), a wholly-owned subsidiary of Tokyo Gas.This is the eighth contract, following a time charter contract for seven LNG carriers that were signed for TLT.The 174,000-cbm ship will be 294.9 meters long, with the bread of 46.4 meters.The vessel will be built at the Geoje Shipyard of Hanwha Ocean in South Korea, and is scheduled for delivery in 2026.It will be…

24 Mar 2024

QatarEnergy Charters 25 Nakilat LNG Carriers

Source: Nakilat

QatarEnergy signed time-charter party (TCP) agreements with Qatar Gas Transport Company (Nakilat) for the operation of 25 conventional-size LNG vessels as part of the second shipowner tender under QatarEnergy’s LNG fleet expansion program.Seventeen of the 25 LNG vessels are being built at the Hyundai Heavy Industries (HHI) shipyards in South Korea, while the remaining eight are being built at Hanwha Ocean, also in South Korea.These agreements firm up last month’s selection of…

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week