In a significant development for China’s shipbuilding industry, the China State Shipbuilding Corporation (CSSC) and French liner heavyweight CMA CGM have inked an agreement to construct 16 large container ships worth more than 21 billion Yuan ($3.06 billion). The order comprises of twelve 15,000 TEU
French LNG containment specialist GTT and PipeChina Innovation, a subsidiary of the state-owned PipeChina Group, have signed a cooperation agreement on GTT’s membrane technology for PipeChina’s upcoming LNG projects. The agreement was signed on the occasion of the visit of French President Emmanuel
ClassNK certification society has given an A rating to the LNG dual-fueled chemical tanker Fairchem Pioneer jointly developed by Fukuoka Shipbuilding and Fairfield Japan. The tanker is currently under construction at Fukuoka Shipbuilding, and is going to be chartered to FJL. The vessel was evaluated
Poland’s natural gas transmission system operator GAZ-SYSTEM has completed a non-binding market research procedure for the demand for additional regasification capacity of the FSRU terminal in the Gulf of Gdańsk. The operator collected information on the level of market interest in additional regasi
International owners and operators of liquefied natural gas (LNG) carriers GasLog and GasLog Partners have entered into a definitive merger agreement. Following the offer announced in January 2023, the parties now signed the agreement pursuant to which GasLog will acquire all of the outstanding comm
Dutch shipbuilder Damen Shipyards Group posted a revenue of €2.5 billion for 2022 for the first time in the company’s history. The shipbuilder said that the achievement was made despite the effects of the war in Ukraine, which had, and continues to have, a significant impact on business operations.
The global maritime industry faces unprecedented challenges due to rapidly changing market conditions and technological advancements driven considerably by the ever-stricter environmental regulations. The current model of maritime transport operations, which relies heavily on traditional practices,
The most effective way of complying with the CII index and having a good rating is to utilize the emerging alternative, low and zero-carbon fuels, John Kokarakis, Vice President of Technology & Business Development Hellenic-BS-ME Zone at Bureau Veritas, said. Kokarakis was speaking at the 6th Annual
US-based company G2 Net-Zero has decided to drop plans to build a 1.3 million tonnes per annum (mtpa) LNG export facility in Louisiana. At the end of March, the company submitted a filing to the US Department of Energy (DOE) requesting to vacate its LNG export authorization to free trade agreement (
French LNG containment specialist GTT has received two orders from its partner the South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) for the tank design of new liquefied natural gas carriers (LNGCs). According to GTT, the orders were made in the first quarter of 2023 for a total
Singapore-based energy solutions provider Pavilion Energy, a subsidiary of Temasek, has loaded the first termed small-scale LNG cargo bound for Chinese city gas distributor Zhejiang Hangjiaxin Clean Energy. The first cargo was loaded on board LNG Jia Xing, a 46,200 cbm small-scale LNG vessel from th
Chinese shipyard Wison Heavy Industry, a subsidiary of Wison Offshore & Marine Limited (WOM), is advancing construction works on a 2.4 million tonnes per year (mtpa) floating liquefied natural gas (FLNG) unit ordered by Italian oil and gas company Eni. According to the shipyard’s social media update
French engineering company Technip Energies has secured a contract with Shaanxi Yanchang Petroleum Group and Shaanxi Gas Group for the 3 million cubic metres per day Xi’An LNG Emergency Reserve & Peak Regulation project in China. The company described the contract as significant, which means it repr
Low and zero-emission fuels supplier Titan has completed gas-up and cool-down service for an LNG carrier owned by Japanese shipping company NYK Line. Specifically, Titan performed gas-up and cool-down of one of the tanks on NYK’s LNG carrier Grace Emilia. The vessel was built in 2021 by Hyundai Samh
