Singapore-based Sembcorp Marine, through its wholly-owned subsidiary Sembcorp Marine Rigs & Floaters Pte Ltd, has entered into master service agreements with the US energy company New Fortress Energy (NFE) affiliates for the conversion of two drilling vessels into floating LNG (FLNG) facilities. Sem
European Commission (EC) has proposed a new emergency regulation to address high gas prices in the European Union (EU) and ensure the security of supply this winter. On 18 October, the EC made additional proposals to fight the energy crisis through joint gas purchasing, price limiting mechanisms on
French LNG containment specialist GTT has received two orders from Chinese shipyards for tank designs of three new liquefied natural gas (LNG) carriers. The first order came from the Chinese shipyard Jiangnan, on behalf of an international shipowner, for one LNG carrier. The second order was placed
Japanese shipping major NYK has reached a basic agreement to invest in PT Pertamina International Shipping (PIS), a shipping subsidiary of Indonesia’s state-owned oil and gas company PT Pertamina (Persero). The duo plans to conclude an investment agreement and complete the investment by the end of 2
Seaspan Corporation, a Hong Kong-based owner and operator of container vessels, has launched ZIM Sammy Ofer, the first in a series of ten 15,000 TEU liquefied natural gas (LNG) dual-fuel containerships ordered back in 2021. According to the company’s social media update, the ship was launched in Geo
The green transition of the shipping industry is picking up pace with shipowners starting to invest in vessels that are technologically prepared to burn alternative fuels such as ammonia and hydrogen. Uptake of alternative fuels has continued to progress, with 4.8% (2021: 3.7%, 2017: 2.3%) of the fl
The Finnish technology group Wärtsilä has been contracted to supply a biogas upgrading and liquefaction solution for a new biogas plant in Sweden that will be used to reduce carbon emissions from transport, and to speed the transition to cleaner energy. Wärtsilä revealed that the order was placed by
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has held a naming ceremony for two dual-fuel very large crude oil carriers (VLCCs) equipped with liquefied natural gas (LNG) fuel tanks made of high manganese steel.
Greek shipping company Minerva has taken delivery of the newbuild liquefied natural gas (LNG) carrier Minerva Amorgos. The delivery took place on 14 October at Samsung Heavy Industries in Geoje, South Korea. Minerva Amorgos is a 174,000 m3 LNG carrier which features WinGD XDF propulsion, Mark III Fl
Spanish liquefied natural gas (LNG) service station manufacturer Ham Group and compatriot biomethane producer CycleØ have secured a contract to construct and operate the first bioLNG plant in Chile. The plant will be located in the Ñuble region, with a capacity to process between 7,500 and 16,500 m3
German LNG, a subsidiary of the Dutch gas supplier Gasunie, has taken a new step in the development of the liquefied natural gas (LNG) terminal in Brunsbüttel, Germany. According to Gasunie, CS Gas North S.A. will build the terminal and contracts have been signed with ConocoPhillips, INEOS and RWE S
Dutch supplier of low and zero-carbon fuels Titan has revealed that it is planning to build a liquified biomethane (LBM, also known as bio-LNG) production plant at the Port of Amsterdam which is set to be the largest bio-LNG plant in the world.
Norwegian shipping company Knutsen has taken delivery of another liquified natural gas (LNG) carrier from South Korean company Hyundai Samho Heavy Industries (HSHI) shipyard.
The European Commission has approved the acquisition of joint control of German LNG Terminal GmBH (GLNG) by Germany’s national promotional bank KfW and Nederlandse Gasunie, the Dutch energy network operator. Under the EU Merger Regulation, the Commission concluded that the proposed acquisition would
