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New Marine Fuel Recovery Mechanism is Causal, Transparent and Simple
With a stricter International Maritime Organisation emissions regulation (IMO 2020) coming into force as of 1 January 2020, the new sulphur cap for compliant fuel…
TOTE’s Top Tips for LNG Success
![Peter Keller, Executive Vice President, TOTE. Photo: Greg Trauthwein](https://images.marinelink.com/images/maritime/w200h200c/peter-keller-executive-vice-president-91468.jpg)
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. We recently interviewed Peter Keller, Executive Vice President, TOTE, for a feature story coming in the October 2018 edition of Maritime Reporter & Engineering News. Until then, here are some tips from Keller for ship owners considering…
CNOOC to Expand Jiangsu Binhai LNG Project
China's CNOOC plans to expand its LNG project in eastern Jiangsu province to meet rising demand from more regions, state-media China News reported citing a project manager from CNOOC.CNOOC will lift t
Norway Expects Gas Export Price to Fall Until 2021
![© Carabay / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/carabay-adobe-stock-91437.jpeg)
Norway expects its gas export price to fall by more than a quarter by 2021 as increasing global liquefied natural gas (LNG) supplies outstrip growth in European demand.Norway's 2019 fiscal budget on Monday showed it expects the average price for Norwegian gas to fall to 2.05 crowns/standard cubic meter (sm3) and reach a low of 1.70 crowns/sm3 by 2021, then rebounding in 2022.The projections are higher than what Norway, Europe's second largest gas supplier after Russia, was expecting in its revis
Hapag-Lloyd to Introduce Cleaner Fuel Charges from 2019
![(Photo: Hapag-Lloyd)](https://images.marinelink.com/images/maritime/w200h200c/photo-hapaglloyd-91435.jpg)
German container shipping giant Hapag-Lloyd said on Monday it is preparing customers for a mechanism to charge more for cleaner fuel starting next year to comply with tighter environmental rules.The Hamburg-based firm said on Monday that it has developed what it will call a marine fuel recovery mechanism (MFR), which it will gradually introduce from Jan.
BW LPG: Proposal to Combine with Dorian Withdrawn
![A BW vessel underway. CREDIT BW LPG](https://images.marinelink.com/images/maritime/w200h200c/a-bw-vessel-underway-credit-91427.jpg)
BW LPG Limited (BW LPG) announced that it has withdrawn its proposal to combine with Dorian LPG Ltd. (Dorian). BW LPG will also withdraw the candidates it previously intended to nominate to stand for election to the Dorian board at Dorian’s 2018 Annual Meeting of Shareholders.BW LPG also announced that the following letter has been sent on October 8, 2018 to the Chairman, President and Chief Executive Officer of Dorian:Mr.
Containerships Names LNG-Powered Vessels
Containerships’ third and fourth LNG-powered vessels were christened last week at the Wenchong Shipyard, China. The vessels received names M/S Containerships Finn and M/S Containerships Balt…
Keppel O&M Bags Stolt-Nielsen Order for Two More LNG Carriers
Keppel Singmarine has signed two additional contracts with Stolt-Nielsen Gas B.V. (Stolt-Nielsen Gas) following the exercise by Stolt-Nielsen Gas of its options…
Milestone LNG Bunkering for Shell and Sovcomflot in Rotterdam
![(Photo: SCF Group)](https://images.marinelink.com/images/maritime/w200h200c/photo-scf-group-91341.jpg)
Shell delivered its first ship-to-ship bunkering of liquefied natural gas (LNG) from specialized LNG bunker vessel Cardissa in the Port of Rotterdam on Tuesday, marking a number of key milestones as the maritime sector increasingly turns toward cleaner burning LNG fuel.The bunkering of the Sovcomflot's Aframax tanker Gagarin Prospect with LNG is the first operation under a fuel supply agreement between Shell and Sovcomflot signed in 2017…
IMA Completes 12-month Study of the Floating Liquefaction and Regasification Market
![© Wojciech Wrzesien / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/wojciech-wrzesien-adobe-stock-91338.jpeg)
International Maritime Associates has just 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…
Seaspan to Invest $200 Mln into Offshore Vessel Owner Swiber
Singapore-based offshore contractor Swiber has signed a $200 million deal with box ship player Seaspan Corporation, just days after it announced the expiry of a…
Novatek, Siemens Sign LNG Partnership
Russia's natural gas producer Novatek and German engineering giant Siemens have signed a strategic partnership agreement that covers cooperation in the liquefied…
Singapore Funds Green Marine Fuel Program
Maritime and Port Authority of Singapore (MPA) has allocated about USD 3.64 million under the Green Energy Programme to support the development and use of cleaner…
New LNG Carrier for Tokyo Gas Named
![(Image: NYK)](https://images.marinelink.com/images/maritime/w200h200c/image-nyk-91293.jpg)
A naming ceremony for a new liquefied natural gas (LNG) carrier was held Wednesday at the Tsu shipyard of Japan Marine United Corporation (JMU) in Tsu city, Japan.NYK and Tokyo LNG Tanker Co. Ltd., a wholly owned subsidiary of Tokyo Gas Co. Ltd., have a long-term charter contract for this vessel.At the ceremony, Takashi Uchida, president at Tokyo Gas, named the ship Energy Glory, and his wife cut the ceremonial rope holding the vessel in place.
Singapore Bunkering Hub Ready for IMO 2020
![© anekoho / Asdobe Stock](https://images.marinelink.com/images/maritime/w200h200c/anekoho-asdobe-stock-91279.jpeg)
Singapore authorities are taking measures to ensure the availability of low-sulphur marine fuels ahead of upcoming emissions regulations in 2020, Singapore's Senior Minister of State for Transport and Health Lam Pin Min said on Wednesday."(The) MPA is working closely with the industry to ensure that Singapore is ready to supply low-sulphur compliant fuels ahead of 1 January, 2020," said Lam at the Singapore International Bunkering Conference and Exhibition.The Maritime and Port Authority of Sing
Build It and They Will Buy: The New World of LNG Canada
![Rendering of the LNG export facility (Image: LNG Canada)](https://images.marinelink.com/images/maritime/w200h200c/rendering-of-the-lng-export-91284.jpg)
The first major liquefied natural gas (LNG) project to be approved globally in five years will be built in Canada, but its underlying philosophy appears to be more closely allied to the Australian concept of "she'll be right, mate."The LNG Canada project was given the green light on Tuesday by Royal Dutch Shell, which is leading the $31 billion venture along with partners Petronas, Mitsubishi, PetroChina…
FSU Delivered to Bahrain LNG
Teekay LNG’s first Floating Storage Unit (FSU) has been successfully delivered to charterer Bahrain LNG. The vessel delivered from the yard at the end of August…
NYK Signs LNG Charter Deal with Total
NYK Line has signed a contract with Total Gas & Power Chartering Limited (TGPCL), a subsidiary of Total, a leading oil and energy company headquartered in France.The…
IAPH Audit Tool for Safe, Sustainable LNG Bunkering
International players in the shipping sector - International Association of Ports and Harbors (IAPH), Titan LNG, Bureau Veritas, large oil and gas companies such…
ENTREC Corporation Acquires Capstan Hauling
ENTREC Corporation, a heavy haul transportation and crane solutions provider, is pleased to announce that it has completed the acquisition of Capstan Hauling .Based in Grande Prairie…
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
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Crowley Christens LNG-Powered ConRo
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Pasha Hawaii Brings LNG Containerships Online
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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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