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Celsius Orders Four LNG Carriers from Samsung Heavy Industries
![(Photo; Celsius Tankers)](https://images.marinelink.com/images/maritime/w200h200c/photo-celsius-tankers-126687.jpg)
Danish shipping company Celsius Tankers announced it has ordered a series of four liquefied natural gas (LNG) carriers from South Korean shipbuilder Samsung Heavy Industries. Upon delivery during 2023 and 2024, the 180,000-cuboc-meter capacity newbuilds will enter into long-term time charters with Clearlake Shipping, a subsidiary of Gunvor Group Ltd.Celsius Tankers recently took delivery of the fourth and last LNG carrier from the previous series of 180…
Report: As Power Crisis Worsens, India Presses Qatar for Delayed LNG Cargoes
![File Photo: Qatargas](https://images.marinelink.com/images/maritime/w200h200c/file-photo-qatargas-126683.jpg)
India, grappling with its worst power crisis in five years, has asked Qatar to expedite delivery of 58 delayed liquefied natural gas (LNG) cargoes, two sources familiar with the matter said.Asia's third largest economy is suffering its worst power shortage since March 2016 due to a crippling coal shortage amid high global energy prices.Infrastructure maintenance at supplier Qatargas prevented it from delivering 50 LNG cargoes to India this year…
China Looks to Lock in US LNG as Energy Crunch Raises Concerns
![© Anatoly Kolodey / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/anatoly-kolodey-adobe-stock-126665.jpeg)
Major Chinese energy companies are in advanced talks with U.S. exporters to secure long-term liquefied natural gas (LNG)supplies, as soaring gas prices and domestic power shortages heighten concerns about the country's fuel security, several sources said.At least five Chinese firms, including state major Sinopec Corp and China National Offshore Oil Company (CNOOC) and local government-backed energy distributors like Zhejiang Energy, are in discussions with U.S.
ABB to Turbocharge First ME-GA Engines
![(Photo: ABB)](https://images.marinelink.com/images/maritime/w200h200c/photo-abb-126639.jpg)
ABB’s A200-L turbochargers will be used on MAN Energy Solutions’ 5G70ME-C10.5-GA engines destined for six 174,000m3 liquefied natural gas (LNG) carriers ordered by four shipowners – Korea Line Corp, PAN Ocean, Knutsen OAS and JP Morgan – under a long-term charter agreement with Shell.The ME-GA is MAN’s first low-pressure dual-fuel two-stroke engine. It sits alongside MAN’s well-established high-pressure ME-GI engines…
AET Completes its First LNG Bunkering in the US
![(Photo: AET)](https://images.marinelink.com/images/maritime/w200h200c/photo-aet-126640.jpg)
Oil tanker operator AET said Thursday it had recently completed its first-ever liquefied natural gas (LNG) bunkering in the U.S., working in coordination with Shell to refuel the LNG dual-fuel Aframax tanker Pacific Ruby outside Port Canaveral in Florida.The transfer of 600 metric tons of marine LNG onto the 113,305 DWT petroleum tanker from the Q-LNG 4000 bunker barge was completed within three hours while the entire bunkering operations took nine hours…
Singapore LNG Scouts for Spot Cargoes as Electricity Futures Surge
![Credit: Mariusz/AdobeStock](https://images.marinelink.com/images/maritime/w200h200c/credit-mariuszadobestock-126603.jpg)
Singapore LNG Corp is making inquiries about buying LNG cargoes from the spot market, a rare move for the operator of the city-state's liquefied natural gas (LNG) terminal, industry sources said on Wednesday.The inquiries come on the back of surging prices globally of power generation fuels such as LNG and coal, amid power shortages from China and India to Europe.SLNG contributes to Singapore's energy…
Study Reveals Ferry Industry’s Huge Economic Impact
![© luengo_ua / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/luengoua-adobe-stock-126581.jpeg)
A study commissioned by trade association Interferry has revealed startling statistics on the far-reaching extent of the global ferry industry’s value to the world economy.Research into the latest pre-Covid full-year figures found that, in 2019, ferries carried 4.27 billion passengers – on a par with aviation – and 373 million vehicles across a worldwide fleet of 15,400 vessels. Among other findings…
Støhle Joins the Angelicoussis Group as Deputy CEO
![Sveinung J. S. Støhle (Photo: Angelicoussis Group)](https://images.marinelink.com/images/maritime/w200h200c/sveinung-j-s-sthle-photo-126579.jpg)
Greek shipping company the Angelicoussis Group announced it has appointed Sveinung J. S. Støhle in the new role of deputy CEO.Støhle, who is stepping down as president and CEO of Höegh LNG on November 1, has more than 25 years’ experience in liuefied natural gas (LNG) shipping and the wider energy and LNG space. He will join the Angelicoussis Group’s senior management team in Athens.Maria Angelicoussis…
VIDEO: SBM Offshore's LNG2Wire Floater Concept
![Credit: SBM Offshore/YouTube Video Screenshot](https://images.marinelink.com/images/maritime/w200h200c/it-sbm-offshoreyoutube-video-screenshot-126551.jpg)
SBM Offshore, one of the world's largest suppliers of floating, production, storage, and offloading (FPSO) vessels for the offshore oil industry, is looking at ways to diversify its offering, with a more dominant role predicted for gas in the future.The company, which has the ambition to have 25% of revenues from Gas & Renewables by 2030, has this week launched a video showcasing its LNG2Wire offshore facility concept.According to the Dutch company…
Höegh LNG CEO Støhle Resigns
Höegh LNG announced on Monday that its president and CEO Sveinung J. S. Støhle is resigning to purse a career outside of Norway.The Norwegian shipowner said Støhle…
U-Ming Takes on Board Jotun’s Hull Skater
![(Photo: Jotun)](https://images.marinelink.com/images/maritime/w200h200c/photo-jotun-126530.jpg)
U-Ming's next bulk carrier newbuild being built in China will feature an underwater hull cleaning robot.The Taiwan-headquartered shipping company has signed a commercial agreement with builder Shanghai Waigaoqiao Shipyard (SWS) and Norway's Jotun for the Jotun Hull Skating Solutions (HSS) to be installed aboard one of U-Ming’s four liquefied natural gas (LNG) dual- fuel Tier III 190,000 dwt bulk carriers…
Dalian Shipbuilding Industry Co. to Build Two CO2 Carriers for Norwegian Northern Lights Project
![Credit: Northern Lights](https://images.marinelink.com/images/maritime/w200h200c/credit-northern-lights-126500.jpg)
Chinese shipbuilder Dalian Shipbuilding Industry Co. has won a contract to build two CO2 carriers for Northern Lights, a Norwegian carbon capture and storage project.Under the contract awarded by the Northern Lights JV, owned equally by Equinor, Shell and TotalEnergies, the Chinese shipbuilder will build two CO2 carriers, each with a cargo size of 7,500 m3 and a length of 130 meters.The two vessels…
Bureau Veritas Grants AIP for LNG Bunkering Vessel Concept in Malaysia
![(Photo: Bureau Veritas)](https://images.marinelink.com/images/maritime/w200h200c/photo-bureau-veritas-126482.jpeg)
Bureau Veritas (BV) said it has delivered an Approval in Principle (AIP) to LNG MARINE SDN BHD for its first liquefied natural gas (LNG) bunkering vessel concept, which is also the first of its kind ever developed by a Malaysian company.According to BV, the vessel design will reflect industry best practice, as well as the latest features for LNG bunkering operations to cater for all types and sizes…
World's First: Wärtsila, Eidesvik to Equip OSV with Ammonia-fueled Combustion Engine
![Credit: Wartsila](https://images.marinelink.com/images/maritime/w200h200c/credit-wartsila-126476.jpg)
Norwegian offshore vessel owner Eidesvik and Finland-based marine equipment manufacturer Wartsila are going to convert an offshore supply vessel (OSV) to operate with an ammonia-fuelled combustion engine with the required fuel supply and safety system. "This project will be the first of its kind ever in the world and has a provisional completion target by the end of 2023," Wärtsilä said.The offshore…
Bangladesh Pays Record Prices for Two LNG Shipments
![Credit: donvictori0
/AdobeStock](https://images.marinelink.com/images/maritime/w200h200c/credit-donvictori0adobestock-126471.jpg)
Bangladesh bought two liquefied natural gas (LNG) cargoes for delivery in October at record prices, two industry sources said on Friday, as low inventory in Europe boosts competition with Asia for supplies ahead of winter.The south Asian nation bought one cargo from trader Vitol for delivery in mid-Oct. at $35.89 per million British thermal units (mmBtu) and another from Gunvor for late Oct. delivery at $36.95 per mmBtu…
GTT Tallies Tank Design Orders from Samsung
French engineering firm GTT announced Thursday that it has received, in Q3 2021, an order from Korean shipyard Samsung Heavy Industries (SHI) for the tank design…
Asia LNG Price Jumps by 40% to Record High
![An LNG tanker in Australia - Credit: 4680.photos/AdobeStock](https://images.marinelink.com/images/maritime/w200h200c/an-lng-tanker-in-australia-126423.jpg)
Asia liquefied natural gas (LNG) spot prices surged by 40% to a record high of over $56 per million British thermal units (mmBtu) on Wednesday, amid a global energy crunch and low gas inventories.Price agency S&P Global Platts' Japan-Korea-Marker (JKM), which is widely used as a spot benchmark in the region, climbed to $56.326 per mmBtu on Wednesday for a cargo delivered into North Asia in November…
Stonepeak to Buy Teekay LNG in $6.2 Billion Deal
![(File photo: Teekay LNG)](https://images.marinelink.com/images/maritime/w200h200c/file-photo-teekay-lng-126366.jpg)
Investment firm Stonepeak said on Monday it would buy Teekay LNG Partners in a deal worth $6.2 billion, as it looks to take advantage of rising global demand for LNG amid a push towards cleaner sources of energy.Prices of the benchmark U.S. natural gas contract have been on the rise, hitting seven-year highs recently. On Monday, the front-month gas futures contract was up 6.3% at $5.97 per million British thermal units (mmBtu).Stonepeak is offering $17 per unit…
North Field Expansion: Qatar Petroleum Orders LNG Carrier Quartet in China
![Credit: Qatar Petroleum](https://images.marinelink.com/images/maritime/w200h200c/credit-qatar-petroleum-126343.jpg)
Qatar Petroleum has ordered four new LNG carriers from Hudong-Zhonghua Shipbuilding Group, a subsidiary of China's CSSC, as part of its North Field expansion project."These four carriers are the first batch of orders in Qatar Petroleum’s massive LNG shipbuilding program, which will cater for future LNG fleet requirements for the North Field expansion projects as well as for existing vessel replacement requirements.
Suez Canal Reports Record Daily Transits
![(Photo: Suez Canal Authority)](https://images.marinelink.com/images/maritime/w200h200c/photo-suez-canal-authority-126335.jpg)
A record 87 vessels passed through the Suez Canal on Wednesday, September 29, besting the previous record of 75 set in February 2019.The record includes 38 vessels transiting southbound and 49 northbound, with 2 million and 2.8 million total net tonnage of cargo on board respectively, according to the Suez Canal Authority (SCA).The southern convoy was led by containership MSC Anna, en route from Saudi Arabia to Egypt…
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
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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
![](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
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Maritime Reporter TV Interviews Leif Gross, Caterpillar
![](https://images.marinelink.com/images/storage/w150h150c/74b84e3d.jpg)
Inside Crowley's Commitment Class ConRo Ships
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