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GA LNG Terminal Evacuated Ahead of Dorian
Kinder Morgan Inc has halted the startup process of its liquefaction facility at Elba Island near Savannah, Georgia, following mandatory evacuation orders as Hurricane Dorian approached, Chief Executive Officer Steven Kean said on Wednesday.The Houston pipeline operator began construction on the $2 billion facility in late 2016, underpinned by a 20-year contract with Royal Dutch Shell Plc for exports of U.S.
Rotterdam Expects to See Rising LNG Bunker Demand
The Port of Rotterdam on Wednesday said it expects sales of liquified natural gas (LNG) as a bunker fuel to increase in the coming years as ships are forced to switch to cleaner sources of energy.Europe's largest sea port expects throughput of LNG as a bunker fuel to increase to around 30,000 tonnes this year, up from 9,500 tonnes in 2018, director Maud Eijgendaal told reporters."If we keep up this growth we can reach a million tonnes by 2025-2030…
Gaslog Inks Tanker Deal with Panama Power Project
Liquefied natural gas (LNG) shipping company Gaslog Ltd said on Wednesday it had struck a deal to lease a tanker for 10 years to a gas-to-power project in Panama being developed by a Chinese company and supplied by Royal Dutch Shell.Gaslog will convert the Gaslog Singapore, currently used as a conventional LNG tanker on the short-term spot market, into a floating storage unit (FSU) that will receive and store LNG off the coast of Colon…
Freeport Ships First LNG Commissioning Cargo
Texas-based LNG terminal operator Freeport LNG Development announced that it has shipped the first LNG commissioning cargo for Train 1 from its liquefaction facility…
Sovcomflot's LNG-Fuelled Tanker Navigates NSR
Korolev Prospect, Sovcomflot's LNG-fueled Aframax crude oil tanker, completed a commercial voyage along the Northern Sea Route (NSR).The Russian maritime shipping…
Wärtsiläs LNG Storage & Supply System for Dredges
Innovative Wärtsilä LNG fuel storage and supply system to deliver multiple benefits for two new dredgers.The technology group Wärtsilä will supply a unique and patent-pending LNG fuel storage and supply system for two new trailing suction hopper dredgers (TSHDs). The ships are being built by Keppel Offshore & Marine for Van Oord, the Dutch marine contractor. The order with Wärtsilä was placed in Q2 2019.The Wärtsilä system comprises two 640m3 single-shell polyurethane insulated storage tanks…
MN100: R.W. Fernstrum & Company
The 2019 version of the MarineNews MN100 edition - our annual look at the very best individuals and firms in the shallow draft, brown water and workboat sectors - has come and gone. Anchoring that prestigious list, as always, is R.W. Fernstrum & Company. That's no surprise to MarineNews readers.THE COMPANY:R.W. Fernstrum & Company set the standard in marine heat exchangers over 70 years ago, building a reputation focused on innovation.
SMM 2020 Publishes Maritime Industry Report
“Driving the maritime transition”: In times of the global climate debate and the digital transformation, SMM 2020 will once again be the focal point for decision-makers in the maritime industry.Topics that are currently high on the industry's agenda are highlighted in the new issue of the SMM Maritime Industry Report: Shipping, shipbuilding and supplier companies are especially interested in alternative…
Singapore’s first LNG-Powered Bunker Tanker Christened
The Vessel is on track to commence deliveries of compliant marine fuels from Q1 2020.Singapore-based bunker tanker owner and operator Sinanju Tankers Holdings (“Sinanju”) achieved a new milestone today with the launch of the republic’s inaugural LNG-powered conventional bunker tanker.The 7,990 dwt vessel was christened “Marine Vicky” by her Lady Sponsor, Ms. Quah Ley Hoon, Chief Executive of the Maritime and Port Authority of Singapore (MPA) at a launch ceremony held in Nantong…
Toshiba Completes Sale of U.S. LNG Biz
The Japanese multinational Toshiba Corp said that it has completed the sale of its liquefied natural gas (LNG) operation in the United States to French oil giant Total SA…
Mitsubishi Christens Mitsui's LNG Newbuild
Mitsubishi Shipbuilding, a Mitsubishi Heavy Industries company based in Yokohama, christened Mitsui & Co.(MOL) liquefied natural gas (LNG) carrier named Marvel Heron.The…
100% Uptime for FLNG Hilli Episeyo
Bermuda-registered liquefied natural gas (LNG) shipping company Golar LNG said that its floating LNG (FLNG) Hilli Episeyo continues to achieve 100% commercial uptime.
Novatek Wins Arctic Gas Field
Novatek said that its wholly-owned subsidiary Arctic LNG 1 has won an auction for a geological survey, exploration and production license for the subsoil area including…
NYK Signs LNG Vessel Order for Total TC
Japanese shipping gaint Nippon Yusen Kabushiki Kaisha (NYK) has signed a new long-term contract with Total Gas & Power Chartering Limited (TGPCL), a subsidiary of Total…
MOL, Karpowership Announce KARMOL
Mitsui OSK Lines (MOL) and Turkish company Karadeniz Holding announced that MOL and Karpower International B.V. have agreed to jointly carry out the first LNG-to…
UPM to Charter 7 LNG-fueled Newbuilds
Helsinki-headquartered UPM Logistics says that it has entered into a long-term charter agreement with the Finnish Bore Ltd and the Dutch Wijnne Barends, both affiliates…
Sovcomflot's LNG-fueled Tanker to Cross NSR
Sovcomflot’s LNG-fuelled Aframax crude oil tanker Korolev Prospect has started a transit through the Northern Sea Route (NSR).Korolev Prospect will become the first…
LNG Spot Shipping Rates Increase, Says Awilco
In spite of low gas prices due to ample LNG supply growth and muted demand so far in 2019 spot shipping rates have gradually increased over the last few months and are currently about USD 70…
Revenues Soar at Russia’s PAO Sovcomflot
PAO Sovcomflot (SCF Group), which serves the energy shipping and offshore services to the oil and gas industries, reported in the first half of 2019 revenues rose 16.6% ($828m vs. $710.1m), TCE revenue rose 19.1% ($609m vs. $511.3m) and EBITDA rose 42.4% ($381.2m vs. $267.7m) as compared to the first half of 2018.Highlights from the first half included:• Korolev Prospect, Vernadsky Prospect and Samuel Prospect LNG-fuelled 114…
ICS Readies for its Flagship Conference
The world's principal shipping organization International Chamber of Shipping (ICS) has added further high-level speakers to the line-up of its 2019 Conference…