Tag: LNG

Nippon Yusen Kaisha (NYK), has ordered 4 × 2 × 5G70ME-GA Mk. 10.5 engines in connection with the construction of 4 × 174,000 cbm. LNG carriers.

Ksi Lisims LNG Limited Partnership, Rockies LNG Limited Partnership, and Western LNG LLC (Western), announced that Ksi Lisims LNG and Shell Eastern Trading Pte Ltd (Shell) have signed a 20-year LNG sale and purchase agreement (the SPA).

Capital Product Partners L.P., announced that it successfully took delivery of the LNG Carrier (LNG/C) ‘Axios II’.

Avenir LNG Limited announced it has executed two Time Charter Agreements for the Avenir Advantage and the Avenir Accolade. 

Capital Product Partners L.P. (CPLP) announced the closing of the Umbrella Agreement with Capital Maritime & Trading Corp. and Capital GP L.L.C., finalizing the acquisition of 11 newbuild liquefied natural gas carrier vessels (LNG/C) for a total acquisition price of $3,130 million.

NYK announced that it will install a Variable Compression Ratio (VCR) system on LNG (liquefied natural gas) fueled car carriers to be built by Shin Kurushima Dockyard Co., Ltd. The first vessel is scheduled to be delivered in 2026.

Integr8 Fuels has announced they have been awarded certification from the International Sustainability and Carbon Certification (ISCC) scheme for the trading of biofuels.

The Commission welcomes the Council's adoption of a 12th package of sanctions against Russia. The focus of this package is to impose additional import and export bans on Russia, combat sanctions circumvention and close loopholes.

Mitsui O.S.K. Lines, announced that it has decided to expand its fleet with the additional five Newbuilding Dual-fueled Capesize bulkers, which can burn either LNG or conventional marine fuel oil.

NYK Line, Namura Shipbuilding Co., Ltd., and Sasebo Heavy Industries Co., Ltd. are collaborating to replace the main propulsion on steam turbine–driven Moss-type LNG carriers.