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CNOOC Storing LNG Offshore
![© Juan Calcedo / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/juan-calcedo-adobe-stock-95558.jpg)
China's state-owned CNOOC is temporarily storing liquefied natural gas (LNG) in a tanker off South Korea as a warmer than usual winter cuts expected spot demand for the fuel, industry sources said on Wednesday.China faced a severe winter gas shortage last year after switching millions of households to natural gas from coal for heating, prompting Chinese companies this winter to secure supply well ahead of time…
Weak Freight Markets Hobble Sovcomflot IPO
![(Photo: Sovcomflot)](https://images.marinelink.com/images/maritime/w200h200c/photo-sovcomflot-95527.jpg)
Russian state-owned shipping company Sovcomflot said on Tuesday that uncertain conditions in the freight market are delaying its long-planned initial public offering (IPO).The Russian government has weighed a listing of Sovcomflot for years as part of broader privatization plans, but obstacles ranging from weak markets to international sanctions placed on Russians over Moscow's role in Ukraine crisis…
CDP, Fincantieri and Snam Join for Innovation of Ports
Italian investment bank Cassa Depositi e Prestiti (CDP), the largest shipbuilder in Europe Fincantieri and natural gas transmission company Snam teamed up to innovate…
Alexandroupolis FSRU Delivery Delayed by Six Months
Greek utility company Gastrade has extended the timeline for completion of its Greek LNG development by six months to allow more time for the delivery of offshore floating…
Ecodelta Christened in Rotterdam
A new trailing suction hopper dredger (TSHD) Ecodelta, powered by liquefied natural gas (LNG), was christened last Friday (January 11) in the Dutch port of Rotterdam.The dredging vessel…
Bahri CEO Appointed to Board of ITOPF
Saudi Arabian shipping company Bahri said that its CEO Abdullah Aldubaikhi has been appointed to the board of directors of ITOPF, the world’s largest ship owner…
US to Become Third Largest LNG Exporter in 2019
The coming year is expected to make the U.S. the third largest exporter of liquefied natural gas (LNG) in the world, creating jobs stateside while reducing emissions…
Phoenix Petroleum to Build Philippines First LNG Terminal
Philippines fuel retailing firm Phoenix Petroleum said it won government approval to build the country’s first liquefied natural gas (LNG) import terminal in partnership…
Crowley’s LNG-Fueled ConRo Completes Maiden Voyage
![Photo: Crowley Maritime](https://images.marinelink.com/images/maritime/w200h200c/photo-crowley-maritime-95400.png)
The second of Crowley Maritime Corp.’s new combination container/roll-on roll-off “ConRo” ships - MV Taíno, one of the first of its kind to be powered by liquefied natural gas (LNG) - completed its maiden voyage to Puerto Rico on Friday morning, Jan. 11. MV Taíno, which departed Jan. 8 from its mainland homeport of Jacksonville, Fla. (JAXPORT), is the second of two ConRo vessels constructed for Crowley.
First LNG Shipment Arrives in Gibraltar for New Power Plant
The first liquefied natural gas (LNG) shipment has arrived in Gibraltar for use in the British territory's new LNG-fuelled power station, a government statement…
Next-Generation LNG Carrier Christened
![Next-Generation LNG Carrier "NOHSHU MARU" (Photo: MHI)](https://images.marinelink.com/images/maritime/w200h200c/nextgeneration-lng-carrier-nohshu-maru-95388.png)
Mitsubishi Shipbuilding Co., Ltd. held a christening ceremony for a next-generation LNG (liquefied natural gas) carrier under construction for TRANS PACIFIC SHIPPING 5 LTD., a joint venture of JERA Co., Inc. (JERA) and Mitsui O.S.K. Lines, Ltd. (MOL). The new ship, named Nohshu Maru, is the fourth vessel of the latest model "Sayaringo STaGE" type, featuring significant improvements in both LNG carrying…
Singapore LNG and YTL PowerSeraya Appoint New CEOs
Singapore-based energy company YTL PowerSeraya and LNG terminal operator Singapore LNG Corp (SLNG) announced that they have appointed new chief executive officers…
Petrofac Secures Brunei Contract
Oilfield services provider Petrofac and its partner Serikandi Oilfield and Services Sdn Bhd, have secured a multi-annual Engineering Design Services contract to…
Polskie LNG Commences Bid for Terminal
Polskie LNG, the owner and operator of the Swinoujscie, Poland LNG terminal has published the contract notice that officially commences the tender procedure with…
Shell Acquires 26% Stake in Hazira LNG
Royal Dutch Shell announced that it has completed the acquisition of French oil major Total SA's 26 percent stake in the company that operates 5 million tonnes per…
Russian President Commissions Kaliningrad LNG Terminal
Russian President Vladimir Putin inaugurated a liquefied natural gas (LNG) import terminal that will serve as a back-up gas supply solution for the Russian enclave of Kaliningrad on the Baltic Sea.
Gaslog Orders Two LNG Carriers at Samsung Heavy
The Monaco-based international owner, operator and manager of liquefied natural gas (LNG) carriers, GasLog Ltd said that two 180,000 cubic meter LNG carriers with…
Trade War Contributes to U.S. LNG Export Decline
![File Image: CREDIT Robert Murphy](https://images.marinelink.com/images/maritime/w200h200c/file-image-credit-robert-murphy-95303.jpg)
The number of U.S. liquefied natural gas vessels that went to China in 2018 fell by around 20 percent from the prior year as the trade war between Beijing and Washington heated up.In recent weeks, however, that dispute has cooled somewhat with talks in China this week between Chinese and U.S. trade teams raising hopes additional tariffs can be avoided.As the trade war escalated during the last six months of 2018…
GTT Receives Order for Tank Design of Two New LNG Carriers
GTT has received an order from the Korean shipyard Samsung Heavy Industries (SHI) for the tank design of two new 174,000 m3 LNG carriers (LNGC), on behalf of the…
BP Energy Partners Acquires Cryopeak LNG Solutions
The private equity firm focused on the energy industry BP Energy Partners (BPEP), LLC announced it has purchased a controlling interest in Cryopeak LNG Solutions Corp…
Icebreaking LNG Carrier Vladimir Rusanov on Ice Trials
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Maritime Reporter TV Interviews Timo Koponen, Wärtsilä
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Digitalization Driving Safety in the Maritime Sector
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Designer seeks permit to send out United States gas to Mexico for LNG exports
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Video: LNG Carrier Transits the Northern Sea Route
![](https://images.marinelink.com/images/storage/w150h150c/eduard-toll-northern-sea-route-passage-1.jpg)
Crowley Christens LNG-Powered ConRo
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Pasha Hawaii Brings LNG Containerships Online
![](https://images.marinelink.com/images/storage/w150h150c/nicksouzahnl1.jpg)
LNG Investment Set to Grow
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Maritime Reporter TV Interviews Leif Gross, Caterpillar
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Inside Crowley's Commitment Class ConRo Ships
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