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France Favors Gas Terminals Over New Pipeline to Tackle Crisis
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A third gas pipeline between Spain and France would cost at least 3 billion euros ($3 billion) and take years to complete, making it a less attractive option to address Europe's supply worries than new terminals to receive fuel by boat, France's energy transition ministry said.The European Union is bracing for any further fall in gas flows from Russia, which had been the 27-nation bloc's biggest supplier…
Norsepower Rotor Sails Ordered for CO2 Carrier Newbuilds
![(Image: Norsepower )](https://images.marinelink.com/images/maritime/w200h200c/image-norsepower-134493.png)
Auxiliary wind propulsion systems provider Norsepower Oy Ltd. announced a contract with Dalian Shipbuilding Industry Co. Ltd. for delivery of single Rotor Sails onboard two newbuild liquefied natural gas (LNG)-powered, wind-assisted CO₂ carriers commissioned by the Northern Lights JV. Northern Lights JV is developing the transportation and storage component of Norway’s Longship project to decarbonize…
Shell's Giant Prelude FLNG Unit to Remain Shut for Longer as Pay Dispute Continues
Unions at Shell Plc's Prelude floating liquefied natural gas (FLNG) site off Australia have extended industrial action to Sept. 1 over a long-running pay dispute, the company said on Thursday.
Pasha's New LNG Containership Makes Maiden Call at Port of Long Beach
![(Photo: Pasha Hawaii)](https://images.marinelink.com/images/maritime/w200h200c/photo-pasha-hawaii-134473.jpg)
Hawaii-based Pasha Hawaii welcomed the newest member to its containership fleet with the arrival of George III at the Port of Long Beach in California, where she will begin her maiden voyage to Honolulu, Hawaii. This is the first liquefied natural gas (LNG) powered vessel to fuel on the West Coast and the first to serve Hawaii. The 774-foot containership was built in Brownsville, Texas by Keppel AmFELS…
Algoma and Furetank Establish Product Tanker Joint Venture
![(Image: Algoma Central Corporation)](https://images.marinelink.com/images/maritime/w200h200c/image-algoma-central-corporation-134471.png)
Canadian shipping company Algoma Central Corporation announced it has entered into a joint venture agreement with Furetank AB of Sweden to construct four dual-fuel ice class 1A 17,999 DWT climate friendly product tankers to trade in Northern Europe. The 50/50 joint venture will be named FureBear.The tankers will be constructed at China Merchants Jinling Shipyard in Yangzhou, China, with delivery expected between 2023 and 2025.
Britain to Receive Rare LNG Cargo from Australia
Britain is set to receive a rare shipment of liquefied natural gas (LNG) from Australia later this month, as countries across Europe strive to secure enough supplies…
Innovative Fishing Vessel Launched in Turkey
![(Photo: Cemre Shipyard)](https://images.marinelink.com/images/maritime/w200h200c/photo-cemre-shipyard-134438.jpg)
Turkey's Cemre Shipyard held a launch ceremony for the newbuild trawler Selvåg Senior being constructed for Norwegian owner Sørheim Holding.Developed in partnership with Skipsteknisk and Selvåg AS, the 79.5-meter-long Selvåg Senior purse seiner trawler will be the third in the world to use liquefied natural gas (LNG) fuel, after the Cemre-built Libas and Sunny Lady.Thanks to the LNG fuel system, the…
Avenir DevelopinG LNG Terminal in Oxelösund, Sweden
![(Photo: Avenir LNG)](https://images.marinelink.com/images/maritime/w200h200c/photo-avenir-lng-134430.jpg)
Avenir LNG Limited announced it has signed a Memorandum of Understanding (MOU) with Oxelösunds Hamn AB for the development and construction of an LNG/BioLNG Terminal in the Port of Oxelösund, Sweden.As part of the agreement, Avenir intends to acquire 100% of the shares in OXGAS AB, the dedicated project company for the terminal which is currently owned by Oxelösunds Hamn AB.OXGAS AB has secured all environmental and construction permits required to build the LNG/BioLNG Terminal in the Port…
Uniper Looking to Swap Australian LNG for Atlantic Gas to Supply Europe Quicker
![Credit; Woodside (file photo)](https://images.marinelink.com/images/maritime/w200h200c/credit-woodside-file-photo-134357.jpg)
Germany's Uniper is prepared to swap liquefied natural gas (LNG) it gets from Australia's Woodside or U.S. gas, so it can boost supplies in Europe more quickly during the coming winter, it said.The strategy reflects efforts by companies and governments across Europe to seek alternative lines of supply and draw up contingency plans for the winter gas season, fearing Moscow could fully stop supplies of natural gas.
Germany's RWE Widens Global Search for LNG Supplies
![Credit: Karel/AdobeStock](https://images.marinelink.com/images/maritime/w200h200c/credit-kareladobestock-134330.jpg)
RWE is holding talks with a larger number of suppliers of liquefied natural gas (LNG), not just Qatar and North America, CEO Markus Krebber said, as Germany's largest power producer continues its efforts to replace Russian gas volumes.RWE earlier this year said it was in discussions with potential LNG suppliers in the United States and Qatar, as Germany tries to diversify away from Russia, its largest…
Combi Carrier Koryu Set for Rotor Sail Install
![(Image: Norsepower)](https://images.marinelink.com/images/maritime/w200h200c/image-norsepower-134302.jpg)
BHP has partnered with Pan Pacific Copper (PPC), a member of JX Nippon Mining & Metals group, and Norsepower, provider of auxiliary wind propulsion systems, to reduce greenhouse gas (GHG) emissions from maritime transportation between BHP’s mines in Chile and PPC’s smelters in Japan. The parties are conducting a technical assessment and plan a retrofit installation of wind-assisted propulsion system onboard the M/V Koryu…
NYK Concludes Long-Term Time-Charter for Seven New LNG Carriers
NYK said that the joint-venture companies (Comprising NYK, “K” Line, MISC Berhad, and China LNG Shipping (Holdings) Limited) that NYK is a part of have signed a…
LNG Traders Absorb Huge Losses After Supply Outages
Major energy traders are taking hundreds of millions of dollars in losses as they scramble to plug a liquefied natural gas (LNG) supply gap after several outages…
NYK to Modify Tugboat to Ammonia Fuel at Keihin Dock Co.
![LNG-fueled tugboat Sakigake. (Photo courtesy NYK)](https://images.marinelink.com/images/maritime/w200h200c/gfueled-tugboat-sakigake-photo-courtesy-134233.jpg)
NYK finalized a contract with Keihin Dock Co., Ltd., an NYK Group company, to modify a tugboat to ammonia-fuel specifications. Sakigake, a tugboat currently fueled by liquefied natural gas (LNG) and operated in Tokyo Bay by NYK Group company Shin-Nippon Kaiyosha Corporation will be converted to operate on ammonia fuel by a target completion year of 2024.This R&D was initiated in October 2021 by NYK and IHI Power Systems Co., Ltd.
Marine Insurance: Climate Change Challenges for the Shipping Industry
![Copyright Michele Ursi/AdobeStock](https://images.marinelink.com/images/maritime/w200h200c/copyright-michele-ursiadobestock-134229.jpg)
With 90% of global trade moved by sea, shipping is a major contributor to climate change. The International Maritime Organization (IMO) estimated that the industry’s greenhouse gas emissions grew by 10% between 2012 and 2018, while the industry’s share of global anthropogenic CO2 emissions grew slightly to almost 3%, about the same volume as Germany. It also forecasts that ‘business as usual’ could…
Shell Delays Prelude LNG Maintenance Due to Industrial Action
Shell Plc said on Monday it is deferring planned maintenance work at the Prelude floating liquefied natural gas (FLNG) facility that was due to go ahead in September…
Less US Gas to Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama
![© Mariusz / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/mariusz-adobe-stock-134191.jpeg)
The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG), driven by Asia's weak demand for U.S. LNG and limited exports from the U.S. Gulf Coast since a terminal explosion in June, the waterway's authority told Reuters this week.Second-largest U.S. exporter Freeport LNG's Texas plant continues shut since an explosion in early June and its partial restart is not expected until October, curtailing the U.S.
Eni Buys Exmar's Tango FLNG for Use in the Congo
![(Photo: Exmar)](https://images.marinelink.com/images/maritime/w200h200c/photo-exmar-134187.jpg)
Italian oil major Eni announced it has signed a deal to to buy the Tango FLNG floating liquefaction plant from Belgium-based Exmar for use in the Republic of Congo. Under the agreement, Eni will acquire Exmar's company Export LNG Ltd, which owns the Tango FLNG.Tango FLNG, delivered in 2017, has a storage capacity of 16,100 cubic meters of liquefied natural gas (LNG) and a liquefaction capacity of up to 0.6 million tons per year.The value of the transaction is in a range of $572 and $694 million…
Excelerate, Engro Exploring LNG Regasification in Pakistan
![(Photo: Excelerate Energy)](https://images.marinelink.com/images/maritime/w200h200c/photo-excelerate-energy-134186.jpg)
Excelerate Energy said it has signed a memorandum of understanding (MOU) with Engro Eximp FZE, a subsidiary of Engro Corporation, to evaluate the possibility of establishing a regasified liquefied natural gas (LNG) marketing business with maximum participation from Pakistan’s private sector."This collaboration has the potential to increase the private sector’s participation in Pakistan’s LNG sector…
Nautilus Labs Hires Sundsted as CTO
![Todd Sundsted (Photo: Nautilus Labs)](https://images.marinelink.com/images/maritime/w200h200c/todd-sundsted-photo-nautilus-labs-134152.jpg)
Nautilus Labs, the technology firm unlocking commercial decarbonization for the ocean supply chain, announced the designation of Todd Sundsted as Chief Technology Officer (CTO).In his new role, Todd Sundsted, who is based in New York, will lead product development, engineering, and data science, including the enhancement of Nautilus’s AI capabilities and best-in-class machine learning models. Prior to joining Nautilus Labs…
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
![](https://images.marinelink.com/images/storage/w150h150c/eduard-toll-northern-sea-route-passage-1.jpg)
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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