South Korea’s Samsung Heavy Industries held a naming ceremony for three LNG-powered shuttle tankers being built for Altera Infrastructure, previously known as Teekay Offshore. The vessels in question are the 130,000 dwt Current Spirit, and the 103,000 dwt Altera Wave and Altera Wind. Due to Covid-19
Plaquemines Port Harbor and Terminal District (PPHTD) recently signed a letter of intent (LOI) with “several potential partners” to develop a multimodal container terminal in Plaquemines Parish, Louisiana.
Australia’s Viva Energy aims to start front-end engineering and design work on a planned LNG import terminal at its Geelong refinery by the end of this year. The downstream player announced earlier this year it plans to build the LNG import facility that includes installing an FSRU as part of its Ge
Australia’s oldest LNG plant at Karratha, part of the Woodside-led North West Shelf project, is to get natural gas from an onshore field in the Perth Basin under a new deal revealed on Monday. The Karratha plant has been liquefying gas from fields located off the north-west coast of Australia for mo
China’s Hudong-Zhonghua Shipbuilding has held a keel laying ceremony for the second LNG bunkering vessel owned by Japan’s MOL and chartered by France-based Total. The unit of China State Shipbuilding Corporation says it held the ceremony on August 12. Hudong started work on the LNG bunkering ship la
Croatia’s first FSRU will depart the Hudong-Zhonghua yard in China to its base on the island of Krk in the northern Adriatic Sea late September, according to the vessel owner Golar LNG. Golar, led by Norwegian businessman Tor Olav Troim, won a deal last year to provide its 2005-built 140,205-cbm ves
Malaysia’s MISC reported a drop in net profit in the second quarter due to the effects related to the Covid-19 pandemic, but the company’s LNG business keeps rising. MISC’s 299.5 million ringgit ($71.3 million)net profit declined 25 percent year-on-year. The shipping giant attributed the decline mai
Qatari LNG shipping giant Nakilat is continuing with the second phase of it fleet management transition progamme with a unit of Shell. As part of the transition, Nakilat has assumed full ship management and operations of Q-Flex Al Sadd starting August 13. The Doha-based shipping firm owns the 210,20
US LNG exports increased in the week ending August 12 but they still remain at low levels as the Covid-19 pandemic continues to weigh on global prices and demand. The Energy Information Agency agency said in its weekly gas natural gas report that five US terminals dispatched eight LNG cargoes during
Bermuda-based shipping company Teekay LNG said its net income surged in the May-June period with its chief executive announcing the results as “another record quarter” for the firm. Net income for the second quarter reached $44.9 million, compared to $16.4 million in the corresponding quarter last y
The first in a series of six LNG-powered neo-Panamax containerships being built for Singapore’s Eastern Pacific Shipping has completed gas trials in South Korea. The ship named Tenere will be chartered by CMA CGM that is also building a series of giant LNG-fueled vessels. The French firm will charte
Norwegian shipping company Flex LNG will add another vessel to its fleet next week boosting the total number of carriers in operation to eight. South Korea’s DSME will deliver the 173,400-cbm Flex Artemis on August 17, according the firm controlled by billionaire John Fredriksen. Once delivered, the
A unit of China’s State Power Investment Corporation has purchased stakes in two plants as part of a Brazilian LNG-to-power project located in Rio De Janeiro. SPIC Brasil entered the deal with the project operator, Gas Natural Acu. GNA is a venture consisting of UK’s energy giant BP, Germany’s engin
China’s Gloryholder Liquefied Gas Machinery has recently won a contract to supply LNG fuel system for two tankers being built for Sweden’s Tarbit. The LNG fuel specialist secured the order from the vessels’ shipbuilder, China’s Jiangsu New Yangzi, a unit of Yangzijiang Shipbuilding. The contract inc
