Clean Fuel
LMG Marin designing LNG-fueled ferry for Caronte & Tourist
Norwegian designer LMG Marin, a unit of Singapore’s Sembcorp Marine, signed a contract with the Italian shipowner Caronte & Tourist for the design of an LNG-fueled ferry.
Adriatic LNG launching new services to boost market liquidity
Adriatic LNG said it has launched new services at the terminal in an attempt to boost the flexibility and increase the liquidity of the Italian market.
More Peruvian LNG heading to Spain
Peru’s natural gas liquefaction and export facility at Pampa Melchorita shipped another cargo to Spain over the weekend.
Delek grabs funds for Leviathan gas field development
Israel’s Delek Group secured a loan of US$1.5 to $1.75 billion, with HSBC Bank and JP Morgan to finance the development of the Leviathan gas field.
Eni sells Shorouk concession stake to BP
Eni of Italy on Friday said it has agreed to sell a 10 percent participating interest in the Shorouk concession, offshore Egypt, to BP.
Top news of the week November 21-26
ExxonMobil joins Caledonia LNG project U.S.-based energy giant ExxonMobil, signed an agreement with Babcock International Group, Bernhard Schulte Shipmanagement, Calor and Orkney Islands Council to collaborate in the Caledonia LNG project. Trump to boost US shale gas industry US president-elect Dona
Novatek courting Japanese investors with Arctic LNG projects
Yamal LNG operator, Novatek is looking to Japan as it looks to secure additional funds for its Arctic LNG project.
I.M. Skaugen targets four new LNG projects amidst Q3 loss
Shipping company I.M. Skaugen reported a net loss of US$6.7 million for the third quarter of 2016 compared to a profit of $4.3 million in the corresponding quarter in 2015.
ESL Shipping secures funds for LNG-fueled newbuilds
Helsinki-based ESL Shipping on Thursday signed a deal with the OP Corporate Bank to finance its two LNG-fueled handysize dry bulk carrier newbuildings.
Total confirms Ivory Coast LNG terminal deal
Total confirmed on Friday that a consortium led by the French energy giant has been awarded the rights to build and operate a liquefied natural gas (LNG) import terminal in Ivory Coast. To remind, Reuters reported on this deal back in October saying that a Total-led consortium would be formed to dev
SIGTTO names new president
The Society of International Gas Tanker and Terminal Operators (SIGTTO) has been appointed David Furnival of Bernhard Schulte Ship Management as the society’s new president.
TechnipFMC board members nominated
LNG-engineer Technip and Houston-based FMC Technologies on Thursday revealed their respective designees to the board of directors of the combined company, TechnipFMC. Earlier this year the two companies agreed to combine into one company named TechnipFMC, with each company’s shareholders owning clos
Report: JBIC to loan $211 million to Yamal LNG
The Japan Bank for International Cooperation is readying a €200 million (Approx: US$211.5 million) loan for the Novatek-operated Yamal LNG project in Russia.
Fure West bunkers LNG in port of Amsterdam
Furetank Rederi said that its LNG-fueled product tanker Fure West bunkered liquefied natural gas for the first time in the port of Amsterdam.