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LNG

ACP, Cheniere Focus on LNG's Potential

A boxship transits thePanama Canal (CREDIT CH2M)

Representatives from the Panama Canal, led by Administrator Jorge L. Quijano, hosted executives from U.S. LNG exporter Cheniere Energy, Inc. to discuss the waterway’s growing LNG vessel segment and opportunities for future growth.   With LNG emerging as its newest and fastest-growing segment, the

GTT Bags Order for Three LNG Carriers, One Bunkering Vessel

Mark III system's original design. Photo: GTT

 GTT announces it has received several orders, since the beginning of the year, for the equipment of three LNG Carriers (LNGCs) and one bunkering vessel.   The three LNGCs, offering capacities ranging from 174,000 to 180,000 m3, will be built at Samsung Heavy Industries (SHI) and Hyundai Samho Heavy Industries (HSHI)’s.

Cheniere's LA Sabine Pass LNG Output Dips

File Image: Cheniere's Sabine Pass LNG Export facility (CREDIT: Cheniere)

Production at Cheniere Energy Inc's Sabine Pass liquefied natural gas (LNG) export plant in Louisiana fell well below full capacity on Friday, according to Reuters data:   The volume of gas flowing into the facility dropped from about 3.2 billion cubic feet per day on Wednesday to 2.8 bcfd on Thursday and a projected 1.

Domestic Maritime Policy: It's Not Business as Usual

(Photo: MARAD)

An hour with the new U.S. Maritime Administrator, Rear Adm. Mark H. Buzby, USN, Ret., is as informative as it is refreshing. Sworn in on August 8, 2017, Buzby served as president of the National Defense Transportation Association, a position he has held since retiring from the U.S. Navy in 2013 with over 34 years of service.

Cove Point LNG Terminal's First Export Imminent

File photo: Methane Spirit loads from the Australia Pacific LNG Gladstone terminal (Photo: Teekay)

Methane Spirit, a liquefied natural gas tanker, said on Thursday it would arrive at Dominion Energy Inc's Cove Point LNG export facility in Maryland around March 31, according to Reuters shipping data. If correct, that could be the first vessel to pick up a cargo from the LNG facility, which Virginia-based

Global Seaborne LPG Volumes Grow: Epic Gas

Photo: Epic Gas Ltd.

 Global seaborne LPG volumes saw continued growth in 2017 reaching 91.9 million tonnes, 4.3% higher than the 88.1 million tonnes shipped in 2016, says Epic Gas.   Epic Gas loaded 2.8 million tonnes in 2017 and was involved in 2,486 cargo operations in 266 different ports. LPG cargoes made up 80% of

Tug Malta’s New Tug Named

Damen ASD 2913 St Angelo (Photo: Damen)

St. Angelo named in the presence of island’s Prime Minister   On Friday, February 9, Tug Malta’s Damen ASD 2913 was named St. Angelo at a ceremony attended by the Prime Minister of Malta, Joseph Muscat, and the island nation’s Minister of Transport, Ian Borg.   Acting as sponsor of the vessel was Mrs.

Asia's Soaring Gas Demand Beckons New LNG Projects

File Image: A typical LNG Carrier (CREDIT: GAC)

Global LNG imports rose by 20 percent in 2017; new demand emerges across South, Southeast Asia.   Soaring gas demand from China, India and Southeast Asia is sucking up an LNG supply glut previously expected to last for years, opening opportunity for new production from East Africa to North America that had been deemed part of the overhang.

Crowley, Pivotal Reach Multi-Year LNG Supply Pact

Photo: Crowley

Crowley Fuels has announced that it has signed another multi-year supply contract with Pivotal LNG to support a major pharmaceutical company’s energy needs in Puerto Rico. The contract, executed through Crowley subsidiary Carib Energy (USA) LLC, calls for Crowley to transport LNG from Pivotal facilities on the mainland to the island manufacturer.

Mobile LNG Bunkers Take Shape in Germany

Image: Nauticor

Nauticor has conducted the largest-ever LNG bunkering operation in Germany in the Elbehafen in Brunsbüttel. As the maritime market moves rapidly toward alternative fuel in the face of strict sulphur guidelines set to take effect in 2020, LNG is emerging as a prefered alternative, and the means to fuel

Statoil Extends Contract with Viking Energy

Viking Energy. Photo: Eidesvik Offshore

 Norwegian oil major Statoil has declared a one-year option for the Platform Supply Vessel (PSV) Viking Energy from April this year, in direct continuation of current contract.   Eidesvik said on Monday that Statoil exercised a one-year option for Viking Energy. The extension is set to begin in April this year.

Gazprom to Reorganise Export Operations

(Photo: Gazprom)

Russian energy giant Gazprom said on Monday it planned to reorganise its export operations to create an integrated international distribution unit responsible for all of its export deliveries, trading and marketing.   Gazprom said in a statement the reorganisation would take place in two stages over two years.

KOGAS in LNG Arbitration with North West Shelf Gas

South Korea's state-run Korea Gas Corp (KOGAS) has gone into an arbitration with Australia's North West Shelf Gas to settle a liquefied natural gas (LNG) contract that ended in 2016, a company spokesman said on Monday.   The KOGAS spokesman declined to give further details. Woodside Petroleum, the

Big Oil Takes Stage for Post-austerity Beauty Contest

(File photo: Shell)

With years of austerity in their rear-view mirrors, the world's biggest oil companies are locked in a beauty contest to lure investors with promises of growth and greater rewards.   Royal Dutch Shell and Total are emerging as frontrunners after a three-year slump thanks to strong growth projections but Exxon Mobil,

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