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Moss-Type LNG Carrier Joins MISC Berhad's Fleet
Malaysia’s MISC Berhad (MISC), a world leading energy related maritime solutions and services provider has taken delivery of Seri Cempaka, the third in a series…
GasLog Partners Acquires Two Group Firms in Q2
LNG shipper GasLog Partners acquired from GasLog 100% of the shares in the entity that owns and charters the GasLog Geneva on July 3, 2017. The GasLog Geneva is a 174…
Newbuild Orders Drop during H1 2017
![© Nightman1965 / Adobe Stock photo](https://images.marinelink.com/images/maritime/w200h200c/nightman1965-adobe-stock-photo-76164.jpg)
Newbuild orders for tankers and bulkers have increased during the first half of 2017, though overall the number of orders placed in all vessel segments has more than halved when compared to the same period in 2015, according to VesselsValue. The most glaring example is in the offshore vessel sector: 50 offshore vessels were ordered in H1 2015, compared to zero orders during H1 2017. Similarly, orders for newbuild containerships…
Höegh LNG Secures Financing for FSRU Unit
Höegh LNG Holdings has announced that it has received commitment letters for a US$230 million debt financing for its eighth floating storage and regasification unit (FSRU).
Nakilat Ends H12017 with $112 Mln Net Profit
Qatar Gas Transport Company (known as “Nakilat”, which means carriers in Arabic) recorded its financial results for the first half of the year ended June 30, 2017…
Six Countries Vie for US$2 Bln Philippines LNG Hub
State-run Philippine National Oil Company (PNOC) has shortlisted six countries and will choose one from them as a partner for its planned US$2 billion receiving…
Global LNG Deals Set Bullish Tone as Peru Export Halt Tightens Market
![© Wojciech Wrzesien / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/wojciech-wrzesien-adobe-stock-76081.jpg)
Asian spot LNG prices stepped higher this week, shrugging off months of weakness, as Royal Dutch Shell replaced lost output from its Peru plant via spot markets and as a flurry of higher-priced deals surprised traders. Peru's liquefaction plant suspended loadings for several weeks without explanation, exerting strain on Shell, which is the sole exporter of Peruvian LNG and was forced to pick up replacement supply on spot markets.
Svitzer Bags FSRU Support Contract in Bangladesh
Svitzer will provide marine support services for the Excelerate Energy FSRU at Bangladesh’s first liquefied natural gas (LNG) import terminal. Excelerate Energy…
Keppel Posts Lower Q2 Profit, Warns on Rig Outlook
Q2 profit S$161 million versus S$205 million year ago; O&M division net order book at S$3.4 billion. Singaporean conglomerate Keppel Corp posted a 21 percent drop…
Qatar Seeks to Open New LNG Markets with Floating Terminals
Qatar Gas Transport Company and Norwegian shipping business Hoegh LNG have embarked on a joint project to open new markets for Qatar to sell its liquefied natural…
Bureau Veritas Approves Wison's W-FSRP Concept
![Photo: Wison](https://images.marinelink.com/images/maritime/w200h200c/photo-wison-75954.jpg)
Wison Offshore & Marine said its newly-developed floating storage regasification and power generation barge (W-FSRP) has received Approval in Principle from Bureau Veritas. W-FSRP integrates functions of LNG loading and storage facilities, regasification and power generation. Wison and Bureau Veritas have completed the validation for the specified design of 50MW FSRP this time. As the turnkey service provider for the world’s first FLNG and FSRU barge…
Nakilat, Höegh LNG Ink MoU on FSRU project
![Sveinung J.S. Støhle, President and CEO of Höegh LNG & Nakilat’s Managing Director Eng. Abdullah Al-Sulaiti. Photo: Nakilat](https://images.marinelink.com/images/maritime/w200h200c/sveinung-js-sthle-president-and-75951.jpg)
Nakilat signed a Memorandum of Understanding (MoU) with Höegh LNG, exploring collaboration for Floating Storage and Regasification Unit (FSRU) business as part of its diversification strategy for opportunities and solutions to delivering LNG to the global markets, with FSRU being a leading-edge technology for the liquefied natural gas (LNG) market. Essentially a floating LNG import terminal, this technology…
Qatar to Maintain Dominance in Global LNG Market
Qatar will maintain its dominance over the global liquefied natural gas market despite increased supply from Australia and the United States, the weekly report by Qatar National Bank (QNB) said.
US to be World's Biggest LNG Exporter by 2022
The International Energy Agency predicted that the US will become the world's No. 2 exporter of liquefied natural gas by the end of 2022 with a capacity of 3.7 trillion cubic feet per year…
LNG Prices Low on Oversupply
The Asian market for liquefied natural gas (LNG) remained subdued this week, weighed down by oversupply concerns and as the northern hemisphere exits its high demand summer season.
Höegh LNG, RMU Sign MoU on LNG Capacity Building
The Regional Maritime University in Ghana (RMU) has signed a Memorandum of Understanding (MOU) with Höegh LNG, a major player in the LNG segment of the maritime industry…
IFC, Excelerate Secure Finance for Bangladesh First LNG Terminal
IFC, a member of the World Bank Group, and Excelerate Energy Bangladesh Limited (Excelerate) are co-developing the Moheshkhali Floating LNG project – Bangladesh's…
Golar LNG Cuts Dubai FSRU Charter
Golar LNG Partners has agreed with the charterer of the Golar Freeze FSRU, Dubai Supply Authority (DUSUP) certain amendments to the existing time charter that was due to end in May 2020.
Goltens to Retrofit BWT Systems on BP Gas Carriers
![Photo: BP Shipping](https://images.marinelink.com/images/maritime/w200h200c/photo-bp-shipping-75788.jpg)
Goltens said it has been awarded a contract for the engineering and retrofit installation of OceanSaver ballast water treatment (BWT) systems on board two of BP Shipping’s liquefied natural gas (LNG) carriers. The vessels to be retrofitted are the two 138,000 cbm LNG vessels British Innovator and British Merchant. Goltens will undertake the engineering and prefabrication work in 2017 and then complete the installation services in 2018.
European Shipowners Welcome IMO Meeting Outcome
European Community Shipowners’ Associations (ECSA) representing the European shipowners believe that important progress was made last week at the International Maritime…
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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