LNG Shipping

LNG shipping news – carrier charter rates, liquefied natural gas trade flows, FLNG project timelines, regasification capacity, and fleet order trends.

Thursday, January 10, 2013
News

Pangea Sets Sights on Floating LNG Export Facility off Corpus Christi

The US Office of Fossil Energy is currently reviewing a request submitted by Texas-based firm Pangea LNG for authorization to export 398.5 billion cubic feet

January 10, 2013
Total Views: 185

News

Day Rates for LNG Carriers Are on the Rise

Rates to ship liquefied natural gas are gaining as the gap between prices in Europe and Asia is set to widen throughout the winter. A vessel was booked for

January 10, 2013
Total Views: 95

Thursday, January 3, 2013
coral energy meyer werft dual fuel
Engineering News

Meyer Werft Delivers the Dual Fuel-Powered LNG Carrier Coral Energy

German shipyard Meyer Werft announced today the delivery of the Liquefied Natural Gas (LNG) tanker CORAL ENERGY to Rotterdam-based shipowner Anthony Veder.

January 3, 2013
Total Views: 173

Thursday, December 27, 2012
News

Cheniere Awards Bechtel $3.8 Billion Contract for Sabine Pass LNG Liquefaction Trains

In a filing to the SEC today, Sabine Liquefaction, a wholly owned subsidiary of Cheniere Energy, announced the award of a $3.8 billion lump sum turnkey

December 27, 2012
Total Views: 157

Wednesday, December 26, 2012
News

Senator Wyden Calls for Restraint in US LNG Export Planning

New discoveries of natural gas are beginning to transform the U.S. economy, and energy companies say exporting it is the next logical step. But a call for

December 26, 2012
Total Views: 39

Tuesday, December 25, 2012
Shipbuilding

Hyundai Heavy Lands Orders for Five LNG Carriers

Hyundai Heavy Industries <009540.KS> announced on Sunday that the company and its affiliated shipyard have obtained orders totaling $1.05 billion to

December 25, 2012
Total Views: 175

Friday, December 21, 2012

Staten Island Ferry to Be Converted to LNG

At least one Staten Island ferry will be converted to clean-burning liquefied natural gas (LNG), at which point it is expected the first ferry in North America

December 21, 2012
Total Views: 168

Thursday, December 20, 2012
Ship Design

New LNG-Fueled Bulk Carrier Design Receives Lloyd’s Register Approval in Principle

Class society Lloyd’s Register said Thursday that it has provided approval in principle (AIP) for COSCO Shipyard’s new ‘Clean Sky’

December 20, 2012
Total Views: 317

man B&W 5G70ME-GI gas engine
Engineering News

Teekay to Build Pair of LNG Carriers, Chooses 2-Stroke Dual Fuel Engines

MAN Diesel & Turbo announced today that Teekay LNG Partners (NYSE: TGP) has chosen their ME-GI dual-fuel, two-stroke, gas-injection engines for a pair of

December 20, 2012
Total Views: 94

Tuesday, December 18, 2012
methane elisabeth bg group sabine pass
News

Total Signs 20-Year Contract with Cheniere to Buy American LNG

Cheniere Energy Partners LP (CQP) reached an 20-year deal under which Total SA (TOT, FP.FR), the France-based energy major, has agreed to purchase nearly half

December 18, 2012
Total Views: 56

Friday, December 14, 2012

LNG Carrier Fleet Growth Outpacing Liquefaction Capacity

By Michelle Wiese Bockmann Fleet usage for the 371 ships carrying liquefied natural gas will slide in 2013 and 2014 from a six-year high as demand growth

December 14, 2012
Total Views: 64

Thursday, December 13, 2012

Teekay LNG Pounces on U.S. Natural Gas Study, Orders Two LNG Carriers on Spec

Teekay LNG Partners (NYSE:TGP) has taken a hint from a recently released U.S. government study on natural gas exports and has entered into an agreement with

December 13, 2012
Total Views: 57

LNG Tanker Owners Face Falling Profits

By Oleg Vukmanovic LONDON – Gas tanker owners face falling profits over the next few years as delays to Australian gas project leave new ships

December 13, 2012
Total Views: 82

Tuesday, December 11, 2012
Engineering News

Steel-Cutting Commences on MHI’s Next Generation Sayaendo Series LNG Carrier

Mitsubishi Heavy Industries (MHI) announced today that construction has commenced on the first ship in their Sayaendo series of new-generation LNG carriers.

December 11, 2012
Total Views: 206

Monday, December 10, 2012
News

Alaska Plans $355 Million Liquefaction Facility to Support US-Asia LNG Trade

ANCHORAGE, Alaska (Reuters) – Alaska‘s governor will introduce legislation allowing the state to provide $355 million (221 million pounds) in

December 10, 2012
Total Views: 1207

Sunday, December 9, 2012
US Has Almost No Excuse to Not Export More LNG [COLUMN]
Press Releases

US Has Almost No Excuse to Not Export More LNG [COLUMN]

By John Kemp LONDON, Dec 7 (Reuters) – The Obama administration will find it almost impossible to refuse permission for more liquefied natural gas

December 9, 2012
Total Views: 77

Friday, December 7, 2012
Uncategorized

LNG – Will 2013 Ship Orders Lead To Over Or Under Capacity?

(Bloomberg) The liquefied natural gas market may have a surplus of ships in 2014 and 2015 as new vessels join the fleet faster than production plants are

December 7, 2012
Total Views: 61

Thursday, December 6, 2012

New Energy Department Report Good News for US LNG Exports

(Bloomberg) — Natural gas exports would have “net economic benefits” for the U.S., according to a study commissioned by the Energy

December 6, 2012
Total Views: 83

Tuesday, December 4, 2012
Interesting

TOTE Orders World’s First LNG-Powered Containerships

General Dynamics NASSCO announced today the signing of a historic a contract with TOTE, Inc. calling for the design and construction of up to five 3,100 TEU

December 4, 2012
Total Views: 169

Monday, December 3, 2012
Wärtsilä to Power North America’s First LNG Passenger Ferry
Engines

Wärtsilä to Power North America’s First LNG Passenger Ferry

Wärtsilä said Monday the company has been awarded a contract to provide the gas powered propulsion machinery and storage and handling systems for North

December 3, 2012
Total Views: 58