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'K' Line to Shrink Container Fleet
Japan's third-biggest shipping company Kawasaki Kisen Kaisha ('K' Line) plans to beef up its LNG and bulker vessels over the next four years, while downsizing its container shipping fleet.
Floater Orders 2014
![Jim Mccaul](https://images.marinelink.com/images/maritime/w200h200c/jim-mccaul-40760.jpg)
The overall number of orders is similar to the average ordering pace over the past 10 years, during which an average of roughly 25 production and storage floaters were ordered annually. But the ordering pace by type unit is quite different. FPSO orders in 2014 were 25% below the 13.5 average ordering pace over the past ten years – and in 2014 no orders were placed for Spars, TLPs or Production Semis, which between 2004 and 2013 averaged 3.5 orders per year.
Interview: Nakilat's Samir Bailouni
![Samir Bailouni (Photo: SGMF)](https://images.marinelink.com/images/maritime/w200h200c/samir-bailouni-photo-sgmf-40748.jpg)
The Society for Gas and Marine Fuel (SGMF) recently interviewed one of its members, Samir Bailouni of Nakilat (Qatar Gas Transport Co.). Bailouni weights in on Nakilat, LNG, the gas industry, and SGMF membership. Who are you, and what do you do? Services you provide? Products you offer? Nakilat is a Qatari company that ships LNG from Qatar mega projects to the world. Nakilat owns into 61 LNG vessels.
Eniram to Provide Boil-off Management for LNG Sector
Eniram Limited, the Finnish provider of energy management technology and data analytic services to the shipping industry, announced that it is releasing an onboard…
MOL Expands Container Fleet
Mitsui O.S.K. Lines, Ltd. has signed a deal for construction of four 20,000 TEU containerships with Samsung Heavy Industries. MOL also concluded an MOU for long-term chartering of two 20…
Tallink & Meyer Turku to Build LNG Ferry
AS Tallink Grupp and Meyer Turku Oy signed a contract for the construction of LNG powered fast ferry for Tallinn-Helsinki route shuttle operations. The dual fuel…
ADB Okays $30mln for Pak LNG Terminal
The Asian Development Bank (ADB) has approved a $30 million project loan to Engro Elengy Terminal Private Limited, a special purpose company which will build Pakistan’s…
GasLog Post 4Q 2014 Results
GasLog Ltd. and its subsidiaries an international owner, operator and manager of liquefied natural gas carriers, today reported its unaudited financial results for the quarter ended December 31, 2014.
This Week's Top Stories
![Concept art for the Shearer Group and Conrad Shipyard's LNG powered towboat](https://images.marinelink.com/images/maritime/w200h200c/concept-art-for-the-shearer-40646.jpg)
The top stories this week covered everything from a DP system failure, a facelift for a WWII torpedo boat, and some mysterious tankers off the coast of Philadelphia. The tanker Olympic Flag was carrying 650,000 barrels of Angolan crude when it dropped anchor seven miles off the coast of Delaware Bay last November. It finally left two weeks ago, but not before being joined by five other tankers. Nobody seems to know why the tankers were idling offshore that long…
Panama Canal Authority Holds Hearing on New Toll Structure
![Photo courtesy of the Panama Canal Authority](https://images.marinelink.com/images/maritime/w200h200c/photo-courtesy-of-the-panama-40643.jpg)
The Panama Canal Authority (ACP) is holding a public hearing today on a proposed toll structure change. The proposed restructuring, which the ACP Board of Directors approved on December 24, calls for each ship segment to be priced based upon different units of measurement. For instance, containers will be measured and priced on TEUs, dry bulkers will be based on deadweight tonnage capacity and metric tons of cargo…
Davie Building LNG-powered Ferries
![Photo courtesy of Davie](https://images.marinelink.com/images/maritime/w200h200c/photo-courtesy-of-davie-40630.jpg)
Canadian shipbuilder Davie held a keel laying ceremony for MV Armand-Imbeau II, marking the beginning of the hull assembly for this first of two sisterships under construction at Davie for the Société des traversiers du Québec (STQ). The two ferries for the Tadoussac‒Baie-Sainte-Catherine route are to built at a total cost of $125 million for year-round navigation on the Saguenay Fjord. The first ferry…
ClassNK Updates Guidelines for Floating Offshore Facilities
![Photo: Excelerate Energy](https://images.marinelink.com/images/maritime/w200h200c/photo-excelerate-energy-40626.jpg)
ClassNK released a new version of its Guidelines for Floating Offshore Facilities for LNG/LPG Production, Storage, Offloading and Regasification. Available on the ClassNK website, this second edition is an update to the initial guidelines released in February 2011 which aims to provide technical guidelines for the construction and survey of floating offshore facilities. With its lates version, ClassNK…
Lithuania Looks to U.S. for Gas
Lithuanian liquefied natural gas (LNG) importer Litgas has signed a preliminary agreement with a U.S. supplier, looking to lessen the Baltic nation's dependence on Russia.
Conrad Shipyard Bags LNG Order
Energy infrastructure and LNG solutions provider WesPac Midstream and its subsidiary Clean Marine Energy (CME) have awarded a contract to Conrad Orange Shipyard…
Brookings Institution Hosting Panels on LNG Marine Fuel
![The Brookings Institution's Charles Ebinger will moderate the panels (Photo courtesy of the Brookings Institution)](https://images.marinelink.com/images/maritime/w200h200c/e-brookings-institutions-charles-ebinger-40585.jpg)
The Brookings Institution, a Washington D.C.-based think tank, will host a two-panel discussion on the use of LNG as a marine fuel on Tuesday, March 3, the organization announced today. The panels are part of the Institution's Energy Security and Climate Initiative (ESCI). The first panel will examine evolving policy, regulatory, and environmental factors associated with using LNG as a marine fuel. The second panel will address emerging opportunities and barriers to adoption.
UK's Dragon LNG Port May Have Booked Two Cargoes
Britain's Dragon liquefied natural gas (LNG) import terminal shows only two unused import slots available over the next 13 days, compared with four slots advertised earlier this week…
Atlantic Gas Swings Keep LNG Traders Guessing
MILAN, Feb 26 (Reuters) - Atlantic natural gas markets are seeing some of the biggest price swings in years as volatile European trade, freezing U.S. weather and…
Asia: LPG Shipping and LNG Pricing
While declining Asian LNG prices have reduced margins on the long-distance LNG trade, causing spot-charter rates for LNG vessels to fall, LPG shipping earnings are…
GTT Receives Order for LNG Bunker Barge
![Image: GTT](https://images.marinelink.com/images/maritime/w200h200c/image-gtt-40536.jpg)
Gaztransport & Technigaz (GTT), a designer of membrane containment systems for the maritime transportation and storage of LNG liquefied natural gas (LNG), announced that its U.S. subsidiary GTT North America (GTTNA) has received an order for one LNG bunker barge. This first dedicated LNG barge for the marine market in North America will be built by Conrad Orange Shipyard, Inc., a division of Conrad Shipyard, LLC. at its facility in Orange, Texas.
First Skangass LNG Loading in Zeebrugge
LNG was loaded aboard Anthony Veder's Coral Energy, the Skangass time chartered ship, at the Fluxys LNG Terminal in Zeebrugge, marking the first Skangass loading…
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)