Tag: LNG carriers

If the IMO’s proposed carbon intensity reduction target is applied to the world’s fleet of LNG carriers, the net result for the planet will be negative, as the global savings in the vessels’ CO2 emissions will be dwarfed by the pollution from gas-to-coal switching that the move would cause in Asia, new analysis by Norwegian intelligence firm Rystad Energy finds. 

The LNG carrier Christophe de Margerie is currently completing its experimental round trip voyage. For the first time in history, a large-capacity cargo vessel is transiting the eastern sector of the Northern Sea Route (NSR) in February.

MOL announced that the Ice-Breaking LNG Carrier "Vladimir Rusanov", made its first call at the LNG Terminal in Ohgishima, located inside Tokyo Bay in Japan, on 23rd July.

GTT, French Containment specialist collaborated with Russia’s Zvezda shipyard for the construction of LNG carriers. This contract represents a new step forward in the deployment of GTT technologies in Russia.

Recently, the US Coast Guard informed about common discrepancies associated with fixed gas detection systems on liquefied gas carriers. The Gard P&I Club discussed two main reasons for these deficiencies, both of which relate to the calibration of fixed gas detection sensors.

The Suez Canal Authority adjusted the rates of reductions granted by some of the LNG carriers, while it announced new incentives and discounts for some petroleum gas tankers and container ships for a period of three months starting from April 1st.

Hiroshima Gas along with Tokyo LNG Tanker and Tokyo Gas came together and signed an agreement for the liquefied natural gas transportation. Under the deal, some of the LNG produced by Hiroshima Gas and Tokyo Gas from Sakhalin, Russia, will be transported simultaneously through the Tokyo LNG Tanker from 2020 until 2027.

Mitsui O.S.K. Lines, Ltd. (MOL) informed that named another LNG vessel carrier for Russia’s Yamal LNG Project. Specifically, the vessel was named "LNG Merak", while the naming ceremony was held at Hudong-Zhonghua Shipbuilding on 8 January, 2020.

The international dry cargo and tanker markets are immense and are served by numerous ships of several types and of various sizes.

The LNG carrier rates are presenting a rapid increase lately due to the northern hemisphere winter that is approaching, with the rise being supported as much as by technical factors as fundamentals. MSI supports that the sector now is between a decision-making state, which will in the future dictate the trajectory of LNG shipping for the first half of the next decade and beyond.