Malaysian shipping company MISC reported a net loss in the first quarter of this year but the company’s liquefied natural gas business logged a 11.3 per cent rise in revenue. MISC’s 1 .16 billion ringgit ($270 million) loss in the quarter is mainly related to a 1.05 billion ringgit provision on liti
The Western Australian government is pushing forward to create an international liquefied natural gas fuelling hub in Pilbara in a move to reduce carbon emissions. As part of the plan, the WA government is introducing new incentives encouraging ships visiting Pilbara Ports to use cleaner marine fuel
Spanish LNG services provider HAM Group has opened an LNG and CNG service station in Albacete.
Australian largest LNG company Woodside has awarded a supply and fabrication contract to compatriot Civmec for the Pluto-Karratha gas plant interconnector project. Under the deal, Western Australia-based Civmec will carry out the fabrication of structural steel, piping, a module and skids located wi
Norway’s TeamTec said it has secured a contract from compatriot Höegh LNG to supply equipment for the latter’s two liquefied natural gas carriers. TeamTec will supply new ballast water management systems with electro chlorination for the 2006-built Arctic Princess and Arctic Lady. The installation o
Despite the exceptional circumstances due to the coronavirus pandemic, the construction of the Aurora Botnia, Wasaline’s new car and passenger ferry, is progressing according to schedule, the company said in a recent update. The ship is being built by Finnish shipbuilder Rauma Marine Construction
South Korea has started building a small liquefied natural gas bunkering vessel as part of a project backed by the Ministry of Oceans and Fisheries. A steel-cutting ceremony to mark the construction of the 500 cubic meter capacity LNG bunkering barge for coastal use was held on May 6, the ministry s
Thai state-run oil and gas company PTT is reportedly looking to buy a single LNG cargo in late June.
The United States exported more liquefied natural gas cargoes in the week ending May 6 when compared to the week before, according to the Energy Information Administration. The agency said in its weekly gas natural gas report that five US terminals dispatched 15 LNG shipments between April 30 and Ma
Greece-based LNG shipping company GasLog is set to take delivery of another liquefied natural gas newbuild from South Korea’s Samsung Heavy Industries. The 180,000 cubic meter GasLog Wales will join GasLog’s fleet on May 11, 2020, the LNG shipper said on Thursday. Once delivered, the vessel will sta
LNG shipper GasLog said that its chief financial officer (CFO) Alastair Maxwell has decided to step down from his position.
Finnish state-owned gas company Gasum reported a 30 per cent year-on-year decline in net profit saying it only had minor impacts from the Covid-19 coronavirus pandemic. Lower power and gas prices have weighed down on Gasum’s profits. Gasum’s net profit totaled 12.3 million euros ($13.3m), compared t
The United States Federal Energy Regulatory Commission (FERC) issued a permit to Kinder Morgan units to continue the commissioning process at the Elba Island liquefaction project near Savannah, Georgia.
Singapore’s liquefied natural gas import terminal on Jurong Island has received 320 shipments of the fuel since it started operations seven years ago. Out of these, 225 shipments totaling over 15 million tonnes of LNG were used for regasification, terminal operator Singapore LNG said on Thursday mar
