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Veson Nautical Announces Imos6 Bunker Management Phase II
BOSTON, MA and STAMFORD, CT – March 21, 2011– At the Connecticut Maritime Association 2011 Shipping Exposition today Veson Nautical, the premier provider of maritime commercial management and trading software solutions, announced Phase II of the company’s IMOS6 Bunker Management Module. Veson’s newest offering helps professionals manage their overall bunker operations, which can account for more than 50% of total voyage costs.
ABS and HHI Evaluate LNG Carrier Designs for Ice Operations
(Houston, TX---) Class society ABS has been collaborating with Korea’s Hyundai Heavy Industries (HHI) to evaluate the basic design and containment system parameters for an LNG carrier operating in an Arctic environment. Specifically the carrier would operate a trade route from the Kara Sea and Barents Sea to Europe or the United States. The industry has accumulated plenty of operating experience for LNG carriers…
Wärtsilä LNGPac and Compact Silencer System added to scope of supply for new Viking Line ferry
This extension to the delivery contract awarded to Wärtsilä further contributes to the vessel being the industry’s most environmentally sound and energy efficient large passenger vessel to date. Wärtsilä, the marine industry’s leading solutions provider, has been awarded a contract by shipbuilding company STX Finland Oy to supply additional equipment for the world’s biggest LNG fuelled passenger ferry.
Japan Asks for More LNG, Oil from Indonesia
According to a report from Reuters, Japan has asked Indonesia to supply more liquefied natural gas (LNG) and oil after the devastating earthquake which crippled several nuclear power plants.
Japan's Nuclear Crisis to Shrink LNG Spot Market
A report from Platts said that the nuclear crisis in Japan could slow the development of spot LNG trading as buyers fearing increased competition for gas look to…
RINA Develops CNG Rules & Guidelines
International classification society RINA has used its offshore gas expertise to develop rules and guidelines for the exploitation, transport and storage of Compressed Natural Gas. Angelo Lo Nigro, Oil and Gas Manager, RINA, says, “Compressed Natural Gas offers an alternative way to move natural gas where volumes do not support a liquefaction plant or a pipeline. A significant amount of the world’s gas reserves fit these criteria…
Shipping Industry Embraces Scanjet Anti-piracy Solution
Against a backdrop of rising piracy on the high seas, particularly from Somali-based attackers, marine equipment specialist Scanjet says its SCR 360 APR water cannon…
Oil Markets Adjust to Japan’s Disaster
Singapore, 16 March — The 11 March earthquake and tsunami in Japan, and the continuing nuclear crisis that they triggered, will have significant repercussions in global energy markets…
First 2-Stroke Gas Engine Taking Quantum 1-Stroke
London: By introducing a new solution for LNG-fuelled ships, DNV and MAN Diesel & Turbo are taking the Quantum concept ship one stroke further. Both the machinery and the hull design and arrangement have been improved. A year ago, DNV launched its container ship concept – Quantum. This concept ship was designed to stir up a debate about shipping innovation. MAN Diesel & Turbo responded very positively…
Total to Buy $4B Stake in Novatek, Join Arctic LNG Project
According to a March 3 report from Bloomberg, Total SA (FP), Europe’s third-biggest oil company, agreed to buy 12% of OAO Novatek and join the Yamal LNG project…
BG’s LNG Carrier Series Complete
The ABS-classed Methane Mickie Harper, a 170,000 m3 liquefied natural gas (LNG) carrier for BG Group built at Samsung Heavy Industries, Co. Ltd., was recently named…
DNV Issues Guidance on Offshore Gas Terminals
According to Conn Fagan, DNV’s Business development manager for offshore gas projects, the FLNG segment is developing rapidly. “A number of FSRUs (floating storage…
Wärtsilä Receives Order For Gas Engines and Equipment to Viking Line's New Environmentally Sound Passenger Ferry
Wärtsilä, the marine industry's leading solutions provider, has been awarded a contract by shipbuilding company STX Finland Oy to supply the propulsion machinery for a new passenger ferry to be built for Viking Line, a Finnish ship owner. The vessel will be the largest passenger ferry to operate on liquefied natural gas (LNG), making it the most environmentally sound and energy efficient large passenger vessel in the industry to date.
Australia May Double LNG Exports by 2016
According to a report from Bloomberg, Australia’s liquefied natural gas exports may more than double by 2016 as Asian economies increase gas consumption as part…
Golar LNG Posts Q4 Results
According to a report from RTT News, on March 1, Golar LNG Ltd. (GOL) posted consolidated net income of $4.7m and consolidated operating income of $15m for the fourth quarter of 2010.
Wilhelmsen Ships Services Supports Gorgon Project
Wilhelmsen Ships Service is providing a range of support services to the Gorgon project, Australia’s largest ever oil and gas project. Services include the importation…
Tsakos Time Charter Extension, Panamax Tankers
Tsakos Energy Navigation Limited (NYSE:TNP) announced two-year time charter extensions for two of its 2009 Korean-built panamax tankers, Chantal and World Harmony.
DNV Recommends LNG Shipping for North America
DNV’s new report, Greener shipping in North America, proposes that LNG l is the most efficient and economical way to meet air emissions requirements in the U.S.
Repsol Signs LNG Supply Deal
Repsol has signed a liquefied natural gas (LNG) supply agreement with South Korea's state-owned Korea Gas Corporation (KOGAS), boosting Repsol’s position as one…
BV, Russian Register Sign Agreement
Bureau Veritas (BV) and Russian Maritime Register of Shipping (RS) signed a three-year co-operation agreement covering the development of joint guidelines for LNG…