Top news of the week February 23 – 28, 2015

MISC agrees to take over USD 1.1 billion LNG newbuild contracts

MISC said that Petronas and Hyundai Heavy Industries have agreed to enter into a novation agreement with the company for the novation of shipbuilding contracts between Petronas and HHI to the company, for the construction and delivery of the newbuild LNGCs.

North America’s first LNG bunker barge construction contract signed

WesPac Midstream and its affiliate Clean Marine Energy revealed a construction contract with Conrad Orange Shipyard for the build of the first dedicated LNG bunker barge for the marine market in North America.

INTERVIEW: Hoegh LNG eyes eight FSRU, CEO says

Oslo-based Höegh LNG, which has been involved in the LNG industry for more than 40 years, has been putting a lot of effort in its floating LNG business, with the last order in November of 2014 bringing the company’s FSRU fleet size to seven in operation or under construction.

HHI develops in-house LNG BOG re-liquefaction system

Hyundai Heavy Industries said that it independently developed HHI Gas Management System re-liquefying boil-off gas from a membrane LNG containment tank to use it as fuel for LNG carriers.

Cheniere’s Sabine Pass LNG export project progresses

Cheniere’s Sabine Pass LNG unit filed a report with FERC covering activities of the Sabine Pass Liquefaction Stage 1 and Stage 2 projects during the month of January 2015.

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