LNG Shipping

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

Tuesday, May 8, 2012
Engineering News

LNG-Powered Inland Vessels – Wärtsilä Wins Contract to Supply Pair of Medium-Speed 20DF Engines

Wärtsilä announced today that they have been contracted by Koedood Diesel Service BV to supply a complete power system, including two of its 6-cylinder

May 8, 2012
Total Views: 90

Monday, May 7, 2012
News

Bullish on Future of US LNG Exports, Asian Firms Sign $498 Million Investment Deal

HOUSTON – Cheniere Energy (NYSE Amex: LNG) announced today that Asian investment company Temasek,and private equity firm RRJ Capital, have agreed to

May 7, 2012
Total Views: 61

Sunday, May 6, 2012
News

Investing in LNG: Australia Awards a Dozen Offshore Exploration Permits

SYDNEY (Dow Jones)–Australia’s government on Sunday said it has awarded 12 new petroleum exploration permits for off the coast of Western Australia

May 6, 2012
Total Views: 66

Incidents

Tugboat Explosion Kills 7 Off Qatar

Nearly a week ago, 7 people were killed off Qatar when an offshore LNG buoy terminal exploded unexpectedly.  Tugboat 53, which is part of the Svitzer/Nakilat

May 6, 2012
Total Views: 290

Friday, May 4, 2012
Engineering News

Survey Says…Growing Confidence in LNG as a Marine Fuel

By Lars Petter Blikom, DNV As part of a project to define the future design of container feeder ships for operation in the Baltic Sea, some of my colleagues

May 4, 2012
Total Views: 64

Sunday, April 29, 2012
Blog

LNG, Get on Board or Get Left Behind…The Future is Already Here

Given the current price of low sulfur diesel, the enormous global emphasis on reducing the carbon footprint of our industry, and the fact the price of natural

April 29, 2012
Total Views: 192

Wednesday, April 25, 2012
News

Sovcomflot: “Only Major Tanker Company that was Profitable in 2011”

In a rather bold statement during a meeting between Sovcomflot’s (SCF) Board of Directors last week, the Board’s Chairman, Ilya Klebanov noted:

April 25, 2012
Total Views: 116

News

“Flemish Port Authorities are Optimistic,” DNV Leads Discussion on LNG Bunkering

– By Per Wiggo Richardsen, DNV Recognising that LNG is one of the best solutions for complying with upcoming emission regulations for ships, DNV is

April 25, 2012
Total Views: 65

Tuesday, April 17, 2012
News

To Build US LNG Export Infrastructure, Cheniere Hires an Army of Banks to Finance $4 Billion in Debt

HOUSTON -(Dow Jones)- Cheniere Energy Partners (CQP) said Monday it has hired eight banks to help it arrange $4 billion in debt financing, the latest step in

April 17, 2012
Total Views: 45

News

Sempra Energy Signs Agreement for Gas Liquefaction Export Facility in Louisiana

(Dow Jones) A Sempra Energy (SRE) unit signed a commercial development agreement with Mitsubishi Corp. (MSBHY, 8058.TO) and Mitsui & Co. (MITSY,

April 17, 2012
Total Views: 65

News

GDF Suez and GAIL Team Up to Build India’s First Floating LNG Import Terminal

NEW DELHI (Dow Jones)–French power company GDF Suez SA (GSZ.FR), GAIL (India) Ltd. (532155.BY) and the southern Indian state of Andhra Pradesh Tuesday

April 17, 2012
Total Views: 47

Thursday, April 12, 2012
Finance

Offshore and LNG Fundamentals Look Strong, Teekay Spinoffs Raise Dividends

A pair of Teekay spinoffs, Teekay Offshore (NYSE:TOO) and Teekay LNG (NYSE:TGP) both declared increased cash distributions today of $0.5125 per unit  and

April 12, 2012
Total Views: 84

Blog

DNV Executive Interview – Fuel Cells, Subsea Technology, Arctic Shipping, and More

At last month’s Connecticut Maritime Association conference in Stamford, Connecticut, I met up with DNV Americas’ COO, Elisabeth Torstad, as well

April 12, 2012
Total Views: 162

Sunday, April 8, 2012
Engineering News

Will the US Become the World’s Largest Exporter of LNG?

By John R. Siegel (Barrons) By 2017 the U.S. could be the largest exporter of liquefied natural gas in the world, surpassing leading LNG exporters Qatar and

April 8, 2012
Total Views: 153

Monday, April 2, 2012
Engineering News

Wartsila Hamworthy wins third FSRU Regasification Contract with Hoegh LNG

Hamworthy Oil & Gas Systems has secured a contract to supply its innovative LNG regasification technology for the third Hoegh LNG Floating Storage and

April 2, 2012
Total Views: 430

News

India Seeks to Widen Imports of Qatar LNG, Crude Oil, and LPG

NEW DELHI (Dow Jones)–India will look to increase imports of crude oil, liquefied natural gas and liquefied petroleum gas from Qatar in the coming years,

April 2, 2012
Total Views: 46

Saturday, March 31, 2012
News

54 Cargos of Indonesian LNG Destined for the Spot Market

JAKARTA (Dow Jones)–Indonesia aims to sell 54 cargoes of liquefied natural gas in the spot market in May, a senior official at upstream regulator BPMigas

March 31, 2012
Total Views: 95

Thursday, March 29, 2012
News

Exmar Signs 4-Year Deal to Build Columbian Floating LNG Facility

Pacific Rubiales Energy Corp. (PRE) announced yesterday the signing of a natural gas/LNG Liquefaction, Regasification, Storage and Loading Services Agreement

March 29, 2012
Total Views: 102

Monday, March 26, 2012
Teekay: 63 LNG Carriers On Order, Global Demand Increasing [VIDEO]
News

Teekay: 63 LNG Carriers On Order, Global Demand Increasing [VIDEO]

Teekay’s Market Analyst Christian Waldegrave reports on the LNG market in the first quarter of 2012. More details…via Teekay: Drivers for Demand of

March 26, 2012
Total Views: 98

Friday, March 23, 2012
News

Lundin Contracts Eidesvik’s LNG-powered Viking Prince to Support North Sea Drilling Campaign

Eidesvik has entered into an agreement with Lundin Norway for chartering of the LNG powered supply vessel Viking Prince, which will be delivered from Kleven

March 23, 2012
Total Views: 89