Tag: LNG

The keel laying process for PETRONAS' first floating liquefied natural gas facility (PFLNG 1) has commenced this week, marking another significant milestone in the construction of the facility at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in Okpo, South Korea. The first block of the keel, the basic structure around which the hull of the FLNG vessel will be built, was laid on 6 January in the presence of the integrated project team led by PETRONAS with its partners, Technip and DSME. The keel laying signifies yet another significant achievement of the project in its construction phase," said Datuk Abdullah Karim, PETRONAS' Vice President and Venture Director of LNG Projects - Domestic, Gas & Power Business. "We would like to thank the project teams for their perseverance and dedication that led to this milestone in a safe manner, in line with our plans and expectations," he added. The construction of the PFLNG 1 facility, which commenced in June 2013 with the cutting of the steel for its hull, is scheduled to be completed in Quarter 4 of 2015, making it the world's first to be in operation. When operational, the facility will have a weight of about 125,000 tonnes and is 365 ...

Worthington Industries, Inc. announced that its Pressure Cylinders segment has signed an agreement to acquire a 75% stake in ARITAS, one of Europe's leading LNG and cryogenic technology companies offering a broad portfolio of LNG products, cryogenic vessels, systems and services. Located in Istanbul, Turkey, ARITAS employs nearly 300 people and generated sales of approximately $40 million for its fiscal year ending Dec. 31, 2013. The transaction is awaiting Turkish government approval, which is expected to be completed later this month. ARITAS' LNG products account for a majority of sales. For nearly a decade, ARITAS has been building and servicing the virtual LNG pipeline in Turkey via LNG transport trailers, LNG ISO containers, LNG bulk tanks and LNG satellite stations for re-gasification. ARITAS is also an emerging global leader in LNG fueling systems, including those for natural gas powered marine vessels. ARITAS' product portfolio includes an array of industrial gas products including engineered tanks holding up to 500,000 liters, transport trailers, bulk tanks and microbulk storage, which will be complemented by Worthington's home grown liquid cylinder offering. "We are very excited to add ARITAS' LNG and cryogenics capabilities and reputation for quality.  We believe they will dramatically increase our ability to ...

Small-scale infrastructure for LNG chain a priority project for EU transport The LNG Rotterdam-Gothenburg project has been acknowledged by the European Commission as a priority project for European transport infrastructure development.European Commission grants 34 million euro for the development of a small-scale LNG chain in Rotterdam and Gothenburg, accommodating LNG supply for cleaner maritime transportThe collaboration between the ports for the infrastructure enables shipping companies to switch to Liquefied Natural Gas (LNG)-powered vesselsLNG allows the shipping industry to meet the stringent 2015 emission requirements for the North Sea, English Channel and Baltic SeaThe Commission grants 34 million euro (SEK 305 million) to develop small-scale infrastructure for liquefied natural gas (LNG) as an efficient and cleaner alternative for fuel oil and diesel in the North and Baltic Sea region. The Dutch-Swedish LNG collaboration involves the ports of Rotterdam and Gothenburg, together with gas infrastructure companies Gasunie (the Netherlands) and Swedegas (Sweden) and the international tank storage provider Vopak.The decision of the Commission represents a clear support for the realization of this initiative, which aims at creating a new supply infrastructure for LNG in the maritime region of North Sea and Baltic Sea by 2015. LNG Rotterdam-Gothenburg is considered to be one ...

DNV GL launches recommendations for safe and efficient LNG bunkering One of the key hurdles to the increased global use of ships fuelled by Liquefied Natural Gas (LNG) is the lack of harmonisation of bunkering operations. "DNV GL is therefore today launching a Recommended Practice for authorities, LNG bunker suppliers and ship operators which provides guidance on how LNG bunkering can be undertaken in a safe and efficient manner," says Lars Petter Blikom, DNV GL's LNG director.LNG-fuelled ships have logged over 130 ship-years of operation in Norwegian waters and LNG's attractiveness and stability as a fuel have been thoroughly demonstrated. Globally too, operators, suppliers and regulators have gained significant experience in all aspects of LNG-fuelled ship operations in recent years. However, the process for developing the required infrastructure has not been standardised - leaving the industry with many open questions.Currently, 83 LNG-fuelled ships are in operation or on order worldwide. These range from passenger ferries, Coast Guard ships and cargo vessels to tankers and platform supply vessels. Estimates put the global LNG-fuelled fleet at 3,200 by the year 2025. With the EU poised to invest in helping to equip 139 seaports and inland ports with LNG bunker stations by 2025, ...

Drydocks World and Shell to promote alternative sources of energy and cooperate in Dubai LNG fuel supply

Crowley enters the LNG market

Germany: JWP II container terminal to announce feasibility study

The Netherlands: LNG Carrier arrives at Maasvlakte Rotterdam

EU funding available to fight pollution caused by ships The European Commission recently proposed two separate initiatives, which include funding possibilities intended to help finance projects combating pollution caused by ships. Though not explicitly mentioning liquefied natural gas (LNG), both initiatives are perfectly designed for LNG-related projects to benefit from the provided financial aids. Commission proposes renewed resources to counter pollution at seaIn early April the Commission announced renewed funding in the amount of 160.5 million to combat pollution caused by ships. The funds have will be made available for the European Maritime Safety Agency (EMSA) over a seven year period, in that way enabling the agency to maintain its network of specialised anti-pollution vessels and to further develop satellite images in order to detect, contain and recover pollutants emitted by ships on European waterways.The EMSA Stand-by Oil Spill Response Vessels are commercial vessels which can be rapidly converted to oil pollution response activities. The contracted vessels have large recovered oil storage capacities and a choice of oil recovery systems. In parallel, the funds will support the efficient system of satellite imaging that has been developed to detect pollution in good time (CleanSeaNet)and which underpins efforts by the Member States ...

Hyundai Heavy Develops High Performance LNG Cargo Containment System