Tag: LNG

Nippon Yusen Kabushiki Kaisha and Kyushu Electric Power have agreed to partner in various fields, including liquefied natural gas transport. Under the agreement, Kyushu Electric Power will consider using ships in the NYK fleet for short-term demands of LNG transport, improving flexibility in LNG transport.

Delfin Midstream and Golar LNG have signed a Joint Development Agreement, to develop the Delfin LNG project, off the coast of Cameron Parish, Lousiana, utilising Golar's FLNG technology. The joint development agreement is expected to facilitate the financing, marketing, construction, development and operation of Delfin LNG.

Canadian BC Ferries informed that Salish Eagle, will officially commence service on June 21, on the Tsawwassen – Southern Gulf Islands route. The ship is the second of three new Salish Class vessels that are dual-fuel and capable of operating on either natural gas or ultra-low sulphur marine diesel.

Singapore LNG Corporation successfully completed its first small scale reload, at its Terminal on Jurong Island, filling the fuel tanks of Cardissa, a 6,500 cubic-meter LNG bunker vessel owned by Shell. SLNG terminal is originally designed to accommodate LNG vessels from 60,000m3 to 265,000m3 in size.

Eni announced that it has signed a bilateral Memorandum of Understanding with Fincantieri, in order to establish a research and development partnership, that will include the possibility to carry out studies on energy projects related to natural gas.

Working with Hanjin Heavy Industries and Construction Co., Ltd., as it just completed a new Floating Storage and Regasification Unit (FSRU) design concept, ABS issued a safety guidance and advice on regulatory compliance throughout concept development.

Carnival Corporation released artist renderings of its second cruise terminal at the Port of Barcelona, which will be Europe's newest passenger cruise terminal when it opens, in 2018. The terminal is designed to accommodate the company's "next-generation" green cruise ships, that will be fully operated by LNG, the world's cleanest burning fossil fuel.

Baltic Exchange Chief Executive, Mark Jackson, has set out the Exchange’s ambition to play a bigger role in the shipping industry, building consensus in the market, by moving into the LNG and container spaces and remaining at the heart of the bulk shipping industry for the long-term.

Drewry shipping consultancy issued the latest edition of its LNG Forecaster report, stating that excess vessel supply will reduce only gradually, with the recovery in rates pushed back to the latter part of next year, given the mounting pressure on freight rates and continuing fleet growth over the next two years.

Indian company, H-Energy, announced that signed an agreement with French electricity company, Engie, for chartering its FSRU GDF SUEZ Cape Ann. The Floating Storage Re-gasification Unit has been chartered by H-Energy for a period of 5 years and will arrive at the LNG jetty, at Jaigarh port, by Q3 2018.