LNG Shipping

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

Wednesday, August 15, 2012
lng storage tanks gorgon chevron
News

As Australian Dollar Gains Strength, Gorgon LNG Project Will Cost Chevron $8 Billion More than Anticipated

CANBERRA–Chevron Corp. (CVX) is unlikely to seek protection against swings in the Australian dollar that have intensified cost pressures at its flagship

August 15, 2012
Total Views: 106

Friday, August 10, 2012
Navigator aries
News

Lehman to Sell Stake in Gas Carrier Business for $110 Million

The trustee unwinding Lehman Brothers Holdings‘ brokerage business has agreed to sell the company’s stake in a gas-shipping business to Wilbur

August 10, 2012
Total Views: 38

Thursday, August 9, 2012
golar maria lng carrier wilhelmsen
News

Fredriksen’s Golar Receives Record Rate to Store LNG at Sea (corrected)

(Corrects storage location in first paragraph of story published Aug. 9. Company corrects rate in second.)  (Bloomberg) — Golar LNG Ltd., a company

August 9, 2012
Total Views: 91

Tuesday, August 7, 2012
british merchant LNG bp
News

BP Looks to Solidify LNG Supply Train to India

LONDON–BP PLC (BP) is exploring options for importing liquefied natural gas to India through its joint venture with Reliance Industries Ltd.

August 7, 2012
Total Views: 45

Wednesday, August 1, 2012
milaha qatar lng carrier maersk
News

LNG Carriers of a Different Color Load at Ras Laffan

Fully-owned by Maersk until recently, the LNG carriers MILAHA RAS LAFFAN and MILAHA QATAR, recently carried out their first loading operations this month under

August 1, 2012
Total Views: 160

Tuesday, July 31, 2012
wheatstone LNG chevron australia map
Finance

Japanese Consortium Gains Nearly $2 Billion in Financing for Wheatstone LNG Development

TOKYO–Japan Bank For International Cooperation has signed a contract to lend up to $1.927 billion dollars to a Japanese consortium that owns a minor

July 31, 2012
Total Views: 111

Monday, July 30, 2012
lng terminal chicksans articulating arms
News

China Plans to Triple LNG Consumption in the Near Future

(Bloomberg) — China National Offshore Oil Corp. won government approval to build another liquefied natural gas terminal in southern China’s

July 30, 2012
Total Views: 33

Friday, July 27, 2012
lng tanker offloading cargo
News

Reload of LNG Cargo Canceled at Spanish Port, Upcoming Shipments Appear on Track

(Bloomberg) — A cargo of liquefied natural gas due to reload at an import terminal in Spain next week has been canceled, said Enagas SA, the

July 27, 2012
Total Views: 64

Monday, July 23, 2012
lng ship carrier liquefied natural gas
News

It’s a Ridiculously Good Year to Own an LNG Ship [REPORT]

(Bloomberg) — The biggest collapse in European demand for liquefied natural gas in at least 12 years and record Asian imports are sending fuel cargoes an

July 23, 2012
Total Views: 39

fjord line lng ferry
Engineering News

Fjord Line Chooses Rolls Royce LNG Engines For New Cruise Ferries

Fjord Line’s two new international cruise ferries will be powered solely by environmentally friendly liquefied natural gas (LNG) instead of the more

July 23, 2012
Total Views: 171

Friday, July 20, 2012
Nusantara Regas Satu fsru
Press Releases

Golar LNG: Completion Of Sale Of Nusantara Regas Satu FSRU

Golar LNG Limited announced yesterday that it has completed its sale of interests in the companies that own and operate the floating storage and regasification

July 20, 2012
Total Views: 222

Monday, July 16, 2012
VS 4412 DF-PSV wartsila kleven maritime remoy shipping psv
Engineering News

Remøy Shipping Places $65 Million Order for New LNG-Powered PSV

Over the weekend, Kleven Maritime signed a 400 million NOK (USD $65M) contract with Remøy Shipping for a new Wärtsila-designed, LNG powered platform

July 16, 2012
Total Views: 118

Saturday, July 14, 2012
lng carrier port
News

Poland to Import LNG from Qatar, Hopefully Sooner Rather than Later

WARSAW–The construction of Poland’s liquefied natural gas terminal on the Baltic Coast is four months behind schedule, a critical delay that may

July 14, 2012
Total Views: 34

Thursday, July 12, 2012
teekay
Finance

While Teekay Rides Ahead of the S&P 500, Moody’s Lowers Outlook to Negative

(Dow Jones) Moody’s Investors Service lowered its outlook on Teekay Corp. (TK) to negative from stable, citing concerns about management’s plan

July 12, 2012
Total Views: 32

sabine pass lng cheniere bechtel
News

Cheniere Gains $3.4 Billion in Additional Funding for US LNG Export Terminal

Only 3 years after completion of phase 2 of the Sabine Pass LNG import terminal in Louisiana, Cheniere Energy Partners (NYSE Amex: CQP) announced today that

July 12, 2012
Total Views: 64

Press Releases

Wärtsilä to supply dual-fuel engines for China’s first LNG powered tugs

Wärtsilä, the marine industry’s leading solutions and services provider, is to supply the main engines for two environmentally sustainable tugs

July 12, 2012
Total Views: 56

Friday, July 6, 2012
gasatacama lng carrier
News

Chile Betting on Future US LNG Exports? Offshore Regas Terminal Project Awarded to Golar LNG

(Dow Jones) Northern Chile power producer GasAtacama SA awarded Golar LNG Ltd (GLNG, GOL.OS) the construction and operation of an offshore liquefied natural

July 6, 2012
Total Views: 24

Friday, June 29, 2012
Ship(yard) Photo of The Day – LNG Carriers in Dry Dock
Blog

Ship(yard) Photo of The Day – LNG Carriers in Dry Dock

This week’s ship er, shipyard photo comes to us via Damen Shiprepair Brest, or DSB for short, located on the northwest tip of France. Formerly known as

June 29, 2012
Total Views: 87

MOL Completes Hybrid Car Carrier, Orders LNG Pair
Uncategorized

MOL Completes Hybrid Car Carrier, Orders LNG Pair

Japan’s Mitsui O.S.K. Lines (MOL) announced Friday the completion of the world’s first hybrid car carrier expected to achieve zero emissions while

June 29, 2012
Total Views: 50

Thursday, June 28, 2012
Smit Lamnalco Lands Long-Term Berthing Work at Papua New Guinea LNG Project

Smit Lamnalco Lands Long-Term Berthing Work at Papua New Guinea LNG Project

Smit Lamnalco said Thursday that it has secured a 10-year marine support and towage contract covering ExxonMobil-led LNG export terminal operations in Papua

June 28, 2012
Total Views: 210