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White House Honors Chiarello for LNG Efforts
TOTE, Inc. President and CEO Anthony Chiarello is among 11 honored by the White House as 2014 transportation industry “Champions of Change.” Chiarello was chosen for his role in leading the U.S. maritime industry toward natural gas as fuel. TOTE is building the first natural gas-powered containerships in the world to serve Puerto Rico and is converting its ships in Alaska to natural gas; TOTE is the first in the United States to convert its fleet to liquefied natural gas (LNG).
ABS to Class Innovative Moss-type LNG Carriers
To be built in Ulsan, Korea, the ships will feature energy efficient reheated steam turbine engines. ABS, a provider of classification and technical services to the maritime industry, has been awarded a contract for the classification of two innovative 'Moss-type' LNG carriers to be built in Korea for Malaysia's Petroliam Nasional Bhd (Petronas). The 150,200-m3 capacity ships will the largest Moss-type units ever built at Hyundai Heavy Industry's shipyard in Ulsan…
Oman Drydock Targets LNG Repair Market
Oman Drydock Company (ODC) is to formally launch a new partnership targeting the LNG carrier repair market at next month’s Posidonia trade fair in Greece. The new package is being launched with DSEC a subsidiary of Daewoo Shipbuilding and Marine Engineering Company Ltd (DSME), which is ODC’s official partner. ODC Chief Executive Yong Duk Park said Posidonia, which is one of the shipping industry’s biggest trade fairs, is an ideal location to raise the profile of ODC and the new partnership.
Far East Shipyards Bag the Week's Newbuilding Orders
South Korea, Japan and China shipyards update their order books with a clean haul of ocean-going newbuilding contracts, detailed as follows in the latest Clarkson Hellas S&P Weekly Bulletin.
Höegh LNG - Takes delivery of the FSRU "Independence"
Höegh LNG has taken delivery of the "Independence", the second of the four newbuilt FSRUs that the Company has ordered from Hyundai Heavy Industries Ltd (HHI), on May 12.
GasLog Partners Announce Closing of its IPO
GasLog Partners LP, an international owner, operator and manager of LNG carriers, today announced the closing of its initial public offering of 9,660,000 common…
Aguirre Offshore GasPort Project FERC, USCG Approved
Excelerate Energy’s Aguirre Offshore GasPort Project Receives Notice of Schedule from FERC and Letter of Recommendation from the U.S. On May 2, 2014, Excelerate…
WISTA Meeting Emphasizes Infrastructure Investment
At its Annual General Meeting in New Orleans last week, members of WISTA USA (Women’s International Shipping &Trading Association) were urged to support investment in infrastructure projects in order to maintain and grow the transportation of waterborne commerce in the United States. From U.S. Senator David Vitter (R-La.) to Spencer Murphy of Canal Barge Company, Rick Calhoun of Cargill, Gary LaGrange of the Port of New Orleans…
Kuwait Says To Sign $12bn LNG Supply Deal With Shell
Kuwait's state oil group said on Sunday it would sign a six-year liquefied natural gas (LNG) supply deal with Royal Dutch Shell estimated at $12 billion as the major…
Shipping industry market trends for 2014 - John Nikolaou
Greek shipowners have returned to the top of the global shipping economy by controlling a gross tonnage of 164 million tons, overtaking the Japanese on 159.4 million tons.
Louisiana LNG Energy Gets Terminal Funding
Louisiana LNG Energy said on Friday it has secured funding for its natural gas liquefaction facility being developed in Louisiana, which is expected to begin operations in late 2017.
BMT Expands in Queensland and Western Australia
BMT JFA Consultants, a subsidiary of BMT Group, the international maritime design, engineering and risk management consultancy, has announced plans for new offices in both Perth, Western Australia and Brisbane, Queensland in order to better support its clients’ requirements and provide space for expansion. The new Perth office will combine BMT’s strategic ports and harbors and machinery consultancy…
Finnish Border Guard Gets LNG-powered OPV
On Friday May 9, 2014, STX Finland Oy’s Rauma Shipyard handed over a next-generation offshore patrol vessel to the Finnish Border Guard. The vessel was christened Turva by her godmother, Minister of the Interior Päivi Räsänen, in the christening and float-out ceremony held on August 2, 2013. The technically advanced and highly versatile 96 meters long and 17 meters wide offshore patrol vessel will be used for frontier supervision…
Samsung Wins $410 mln LNG Order
Samsung Heavy Industries Co said on Friday it won a 419.5 billion won ($410 million) order to build two liquefied natural gas carriers for an unidentified European client.
BMT Plans Opening of Two New Offices in Australia
BMT JFA Consultants, a subsidiary of international maritime design, engineering and risk management consultancy, BMT Group, says it plans new offices in both Perth…
ABS Secures Prestigious PFLNG Classification Contract
ABS, a leading provider of classification and technical services to the global offshore industry, has been awarded the classification contract from PETRONAS, Malaysia’s national oil company…
Braemar Engineering in Tie-up with Nigeria LNG
Braemar Engineering announced that it has been appointed to act as Shipping Consultants to Bonny Gas Transport, the wholly owned subsidiary of Nigeria LNG (NLNG) responsible for the transport of NLNG’s output over the Atlantic to Europe and the Americas. Braemar Engineering will oversee the building of six LNG carriers, from design to delivery, with completion of the project anticipated at the end of 2016.
MHI Receives First Order through MI LNG
Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for an LNG (liquefied natural gas) carrier for Nippon Yusen Kabushiki Kaisha (NYK Line) through MI LNG Co., Ltd., a joint venture established with Imabari Shipbuilding Co., Ltd. in April 2013. The order - the first received via MI LNG - is the eighth to date for the Sayaendo, a next-generation LNG carrier offering superior fuel efficiency developed independently by MHI. Completion and delivery of the ship are scheduled for 2017.
First LNG disaster prevention facility in Northwest Europe
At Maasvlakte in the Port of Rotterdam, Falck has started work on a the first Northwest European training facility for disaster prevention involving Liquefied Natural Gas (LNG).
Trelleborg Selected for FPSO Water Injection Package
The pump manufacturer Ruhrpumpen has chosen Trelleborg Gimbal Mountings for its water injection package for LNG in Gjerdrum, Norway. The package is placed on a special designed Floating Production, Storage and Offloading (FPSO) unit from Sevan Marine, the Sevan Voyageur. Trelleborg’s gimbal mountings will be used as a three point suspension system protecting the equipment from vibration and the movements of the vessel.