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Novatek, Fluxys to Build German LNG Terminal
Russian gas producer Novatek and Belgium's Fluxys joint venture Rostock LNG GmbH has signed a Land Lease Agreement with the Port of Rostock with a view to building…
TOTE Touts 'LNG-as-Fuel' Experience
![Peter Keller, Executive Vice President, TOTE. (Photo: Greg Trauthwein)](https://images.marinelink.com/images/maritime/w200h200c/peter-keller-executive-vice-president-91983.jpg)
Build it and they will come mentality serves TOTE well on ‘world first’ LNG ContainershipsAs the marine industry collectively struggles to find solutions to the mounting mandates to cut emissions, U.S. owner TOTE, which broke ground three years ago with the world’s first LNG-fueled containership, has more than 36 months experience operating almost exclusively on LNG. To date it has been a rousing success.As environmental mandates for ships continue to get stricter…
MAN Energy Solutions Offers Decarbonization Incentives
![Panel participants included Wayne Jones (third from right), along with Panos Zachariades, technical manager, Atlantic Bulk Carriers Management; Dimitris Matthaiou, CEO, Arcadia Shipmanagement/Aegean Bulk; Georgios Polychroniou, coordinating director of strategic and corporate activities development, Public Gas Corporation (DEPA) SA - Poseidon Med II project manager; and Stamatis Tsantanis, chairman and CEO, Seanergy Maritime Holdings (Photo: MAN Energy Solutions)](https://images.marinelink.com/images/maritime/w200h200c/panel-participants-included-wayne-jones-91975.jpg)
“MAN Energy Solutions believes fully in its technology, to the extent that we pledge to subsidize the first 10 shipowners that convert their engines to LNG [liquefied natural gas] or a gas-derived fuel – up to a cumulative total of 2 million Euros – because I think someone has to stimulate the industry to think more holistically and long-term,” said the engine maker's chief sales officer and executive board member Wayne Jones OBE…
Höegh Gallant Time Charter Amended
International floating liquefied natural gas (LNG) company Höegh LNG said it has decided to amend the Höegh Gallant FSRU time charter with Egypt Natural Gas Holdings…
Lloyd's Register Updates East Mediterranean Projects on Alternative Fuels
Three European Commission co-funded initiatives – Poseidon Med II, CYnergy and Elemed – are driving forward the uptake of alternative fuels in the Eastern Mediterranean…
Making the Case for LPG as a Marine Fuel
![Research engine at Research Center Copenhagen equipped for LPG use. Images: ©MAN ES](https://images.marinelink.com/images/maritime/w200h200c/research-engine-at-research-center-91908.jpg)
The sulfur emission control areas (SECAs) in place in North-America and Northern Europe, in combination with the upcoming global 0.5% limit on sulfur in 2020 (or 2025) and similar EU limits in 2020, call for alternative fuels as a means for compliance. Several alternative fuels are available and, at the same time, new fuel oil products with very low sulfur content have been introduced.In this respect…
GTT Inks MOU with Dongsung Finetec
French engineering company GTT said it has signed a Memorandum of Understanding (MOU) with Korean thermal insulation specialist Dongsung Finetec to commercialize…
2018 Maritime Risk Symposium – Energy and Maritime Risk
Energy.It seems that energy touches every aspect of our lives from heating our homes to ensuring that fresh produce is available at grocery stores. It powers our…
Hoegh LNG Vessel to Leave Egypt Before Weekend
![(Photo: Hoegh LNG)](https://images.marinelink.com/images/maritime/w200h200c/photo-hoegh-lng-91873.jpg)
Egypt's petroleum minister said on Tuesday that a regasification vessel would leave Egypt by the end of the week, a day after Norway's Hoegh LNG said Egypt was to give up one of its two floating liquefied natural gas (LNG) terminals.The minister, Tarek El Molla, told Reuters the other vessel would stay behind as part of the petroleum ministry's strategy to maintain energy supplies for the country.Hoegh said Egypt Natural Gas Holding (EGAS)…
ABS China Looks Ahead to 2030
The annual ABS Joint China and Hong Kong Committee gathered Industry leaders to discuss global challenges facing the maritime sector. The group heard strategies to meet the IMO 2020 Sulfur Cap…
Wärtsilä to Power Ponant's New Cruise Ship
![Ponant’s new cruise vessel will feature advanced environmental performance with Wärtsilä LNG solutions. (Image: Ponant)](https://images.marinelink.com/images/maritime/w200h200c/ponants-new-cruise-vessel-will-91810.jpg)
Wärtsilä’s 31DF dual-fuel engine, which emphasizes outstanding efficiency, extremely economical fuel consumption and minimal emissions, has been selected to power a new polar ice-class luxury cruise vessel is being built for the France-based operator Ponant at Vard Søviknes, a part of VARD shipbuilding group in Norway.Because the 150-meter-long ship will operate in environmentally sensitive Arctic and Antarctic waters, it will operate primarily on LNG.
Hyundai Samho Heavy Bags LNG Capesize Pair Order from H-Line
South Korean midsized shipping company H-Line, owned by local private equity firm Hahn & Co, has ordered two liquefied natural gas (LNG)-powered 180,000 dwt capesizes…
Interview: Jeong-kie Lee, Chairman, Korean Register & IACS
![Jeong-kie Lee, Chairman and CEO, Korean Register](https://images.marinelink.com/images/maritime/w200h200c/jeongkie-lee-chairman-and-ceo-91758.jpg)
This month we caught up with Jeong-kie Lee, Chairman and CEO of the Korean Register and also the Chairman of the International Association of Classification Societies (IACS), for his insights on the dominant trends moving the maritime industry into the future.The maritime industry has been challenged, to say the least. Today, where do you see challenge? Where do you see opportunity?The maritime industry is in a state of extreme upheaval…
Gasum Acquires Skangas
Energy company Gasum has increased its shareholding in Norwegian liquefied natural gas (LNG) provider Skangas to 100%. The acquisition strengthens a key element…
AET Names its First LNG-Fueled Aframax Pair
Petroleum and chemical tanker owner and operator AET Tankers has named and welcomed its first LNG dual-fuelled aframax vessels, Eagle Brasilia and Eagle Bintulu.According…
Panama Canal Sets Record Annual Cargo Tonnage
![The container segment continued to serve as the leading market segment for tonnage through the Canal, accounting for 159 million tons of the total cargo received, of which 112.6 million PC/UMS tons transited the Expanded Canal. (Photo: Panama Canal Authority)](https://images.marinelink.com/images/maritime/w200h200c/the-container-segment-continued-to-91692.jpg)
The Panama Canal closed its 2018 fiscal year with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5 percent increase from the previous year, the Panama Canal Authority reports.With this tonnage, the Panama Canal surpasses the cargo projections of 429.4 million PC/UMS tons for FY 2018, as well as the 403.8 million PC/UMS tons registered in FY 2017."The Panama Canal continues to exceed our expectations…
Fredriksen's Flex Raises $300 Mln for LNG Newbuilds
Flex LNG, controlled by Norwegian-born billionaire John Fredriksen, has raised $300 million in a private placement of shares to help pay for five new vessels costing $918 million, it said on Thursday.
LNG Report: Floating Liquefaction & Regasification
![Prelude. Photo: Shell](https://images.marinelink.com/images/maritime/w200h200c/prelude-photo-shell-91684.jpg)
International Maritime Associates has completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals. The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector. Project Success EvaluationThe IMA study is the first professional effort to systematically look at the universe…
FLEX LNG Orders Five LNG Carrier Newbuilds
Flex LNG, the shipping company controlled by billionaire John Fredriksen, is entering into a transaction for the acquisition of five 5th generation LNG newbuildings…
Three Balearia Ferries to Convert to LNG
![Bahama Mama. Photo: Baleària](https://images.marinelink.com/images/maritime/w200h200c/bahama-mama-photo-baleria-91615.jpg)
Spain's Baleària will convert three ferries from diesel to LNG dual fuel using Caterpillar and MaK solutions.Incorporating the MaK DF engines will virtually eliminate the sulfur and particulate matter in the exhaust gases, while also cutting down NOx, resulting in even lower CO2 emissions. The three ferries to be converted are Abel Matutes, Bahama Mama, and Martin i Soler, each currently equipped with a pair of MaK 9 M 43 C main engines.
Icebreaking LNG Carrier Vladimir Rusanov on Ice Trials
![](https://images.marinelink.com/images/storage/w150h150c/dzb9n6nw4aasept.jpg)
Maritime Reporter TV Interviews Timo Koponen, Wärtsilä
![](https://images.marinelink.com/images/storage/w150h150c/662036de.jpg)
Digitalization Driving Safety in the Maritime Sector
![](https://images.marinelink.com/images/storage/w150h150c/cropimg2546.jpg)
Designer seeks permit to send out United States gas to Mexico for LNG exports
![](https://images.marinelink.com/images/storage/w150h150c/roundex-adobe-stock-149830.jpeg)
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
![](https://images.marinelink.com/images/storage/w150h150c/0x4a1012-bhdisplay.jpg)
Pasha Hawaii Brings LNG Containerships Online
![](https://images.marinelink.com/images/storage/w150h150c/nicksouzahnl1.jpg)
LNG Investment Set to Grow
![](https://images.marinelink.com/images/storage/w150h150c/jim.png)
Maritime Reporter TV Interviews Leif Gross, Caterpillar
![](https://images.marinelink.com/images/storage/w150h150c/74b84e3d.jpg)
Inside Crowley's Commitment Class ConRo Ships
![](https://images.marinelink.com/images/storage/w150h150c/untitled-c616.png)