Excelerate Energy and Petrobangla have reached agreement on terms for the development and operation of Bangladesh’s first LNG import terminal. The agreement includes the provision of one of Excelerate’s existing floating storage and regasification units (FSRU) under a 15-year long-term charter, as w
The Mozah LNG carrier, with a capacity of 266,000 cubic metres, is due to arrive in the UK’s South Hook terminal from Qatar on July 3, according to the Milford Haven Port Authority website. The South Hook LNG terminal, a part of the Qatargas 2 integrated value chain, is one of the largest LNG re-gas
Argentina is expected to receive a liquefied natural gas cargo from Trinidad and Tobago, shipping data reveals. The cargo is being carried by the 126,000 cbm LNG Libra, and it is scheduled to arrive at the Recalada port on July 6. Atlantic LNG, the operator of Trinidad’s only liquefaction plant, pro
TGE Marine has secured two contracts from Nantong Cosco Kawasaki Shipyard (NACKS) for the engineering and delivery of fuel gas packages including LNG tanks for two car carriers ordered at the yard by UECC. These ships shall operate in the ECA zones of the North Sea/Baltic Sea and consequently run on
Qatar, the world’s largest liquefied natural gas producer, shipped an LNG cargo from the Ras Laffan Port to Japan on Thursday. The Duhail LNG tanker, with a capacity of 210,100 cubic meters, is expected to arrive at the Sakai LNG terminal on July 7, according to shipping data. The Sakai LNG terminal
Crowley Maritime is seeking for a Title XI ship financing guarantee for the two LNG-powered ConRo ships it has ordered from Halter Marine last year. The company filed an application for a Title XI ship financing guarantee for a requested loan amount of $362,7m over 25 years on the actual cost of $41
GasLog has completed the acquisition of three LNG carriers from an affiliate of BG. This completes the second acquisition of ships from BG by GasLog in 2014.The acquisition of the first three vessels was announced in January and completed in April. The three ships will be chartered back to BG for si
GasLog said that it has ordered two new 174,000 cubic meter LNG carriers from Hyundai Heavy Industries (HHI) in South Korea. The vessels are expected to be delivered in the second half of 2017, and marks GasLog’s first orders from the world’s largest shipbuilder. The vessels have been ordered with p
Kawasaki Heavy Industries (KHI) is planning to construct LNG carriers abroad in an effort to lower costs and take a market share from rivaling Korean companies. With present currency levels, the company finds its Chinese ventures to be more cost competitive than Korean shipyards, Bloomberg reports.
Van Oord, a leading international contractor specialising in dredging, marine engineering and offshore projects, recently acquired all shares of its Spanish subsidiary Dravo S.A. The company will continue its activities under the name Dravo S.A. The company, with its office in Madrid, is engaged in
Trinidad and Tobago’s Point Fortin LNG terminal shipped a liquefied natural gas cargo to Brazil on Sunday, shipping data shows. The cargo is being hauled by the 137,814 cubic-meter Hispania Spirit, and it is expected to arrive at the Guanabara Bay terminal on July 1. Brazil has stepped up imports of
Danser Group said it has performed the first LNG bunkering operation for the company’s recently refitted container barge Eiger-Nordwand. According to Danser, the Eiger-Nordwand is the first barge in the world that has been converted to LNG propulsion. The old engines have been replaced with dual-fue
Dynagas LNG Partners said that it has completed its previously announced acquisition of the ownership interests in the entity that owns and operates the 2013 built ice class LNG carrier Arctic Aurora from Dynagas Holding Ltd., Dynagas Partners’ sponsor, for a purchase price of $235.0 million. On Jun
IMS latest delivery to the Philippines, the company’s Model 5012 LP Versi-Dredge has been successfully operational since early 2014 in Marikina River. IMS commemorated the occasion by presenting a replica of the Model 5012 LP Versi-Dredge to Mayor Del R. De Guzman and his city engineers. The dredge