K Line’s new LNG-fuelled car carrier was launched at Tadotsu Shipyard, part of Imabari Shipbuilding Group, on 31 July 2020.
The 18,600-cbm LNG bunkering newbuild Gas Agility has finally arrived offshore Rotterdam as it prepares to start operations. The 135 meters long vessel owned by Japan’s Mitsui O.S.K. Lines serves a long-term charter contract with France-based energy giant Total. The vessel arrived during the weekend
Singapore’s Keppel Offshore & Marine claims that converting an old carrier into a floating LNG producer saves about 33% of greenhouse gas emissions compared to building a new unit. The findings are part of a Keppel-commissioned study conducted by consultants Environmental Resources Management (ERM).
Australia’s Origin Energy, the owner of a 37.5% APLNG stake, said that Gordon Cairns will retire as chairman and director. He will leave the firm after the annual general meeting on October 20. Scott Perkins will be taking over from Cairns who has been chairman of Origin since October 2013. Perkins
US LNG exports increased to eleven cargoes in the week ending August 19 with feed gas deliveries to liquefaction plants rising to 4.4 billion cubic feet. LNG exports are slowly picking up but they are still low compared to pre-Covid levels and a feed gas of 8 Bcf/d recorded in January. The Energy In
Australian independent energy firm Santos reported a net loss in the first half as it booked a $526 million hit in asset impairments due to revised oil price outlook. The LNG producer recorded a net loss of $289 million as compared to a profit of $388 million on previously announced charges mainly r
Japan’s monthly LNG imports declined last month following a slight increase in June as the Covid-19 coronavirus pandemic continues to affect demand. The world’s largest importer of LNG received 6.03 million tonnes of the fuel last month, down 11.5 percent from a year earlier and representing the six
The boss of Norwegian floating LNG player Hoegh, Sveinung Stohle, will take over as chief executive for the firm’s New York-listed limited partnership as part of a management reshuffle. Under the move, Hoegh’s finance chief Havard Furu, will also become the partnership’s CFO. To remind, this follows
Chile has received its first cargo of liquefied natural gas from Australia, according to the energy consultancy EnergyQuest. The 173,400-cbm Sevilla Knutsen loaded the cargo at Shell’s Queensland Curtis LNG terminal in Gladstone late July. Following a 24-day voyage of over 13,500 nautical miles, the
Norway-based Flex LNG logged a net loss of $6.7 million in the second quarter as the Covid-19 pandemic continues to affect the shipping market. The net loss grew when compared to $3.9 million last year but shrank looking at the previous quarter when the firm logged a $14.9 million loss. Vessel opera
China’s Hudong-Zhonghua held on Wednesday a naming ceremony for the third Yamal LNG vessel owned by a joint venture consisting of compatriot Cosco Shipping and Japan’s Mitsui O.S.K. Lines. The owners will take delivery of the 174,000-cbm LNG Phecda by the end of this month. To remind, Hudong recentl
US company NextDecade has received approval from federal regulators to ditch one train from its proposed Rio Grande LNG export plant in Texas. The original design for Rio Grande LNG included six trains each capable of producing 4.5 million tonnes per year. However, NextDecade announced in July it wo
Norwegian offshore shipping company Island Offshore has awarded a contract to Kongsberg Maritime to supply turnkey hybrid battery solutions for three of its platform supply vessels.
India’s biggest LNG importer Petronet reported a drop in net profit due to lower demand in the country caused by the Covid-19 lockdown. Net profit after tax stood at 5.2 billion rupees ($69.5 million) in the first quarter of the 2020-21 fiscal, compared to 5.6 billion rupees last year. Revenues drop
