Clean Fuel
Klaipedos Nafta: FSRU Independence earns more cash in July
Klaipedos Nafta, the operator of the first Lithuanian LNG terminal said Friday that sales revenues from the import facility rose 1.9 percent in July. Sales revenues coming from the regasification activity from Höegh LNG’s FSRU Independence located in the port of Klaipeda were at 5.5 million euros in
Singapore’s SGX urges Baltic Exchange shareholders to back bid for historic London firm
By Jonathan Saul and Anshuman Daga LONDON/SINGAPORE (Reuters) – Singapore Exchange Ltd (SGX) plans to buy one of London’s oldest institutions, the Baltic Exchange where shipping rates are published, and urged shareholders on Thursday to support a deal. As the global shipping industry struggles with
GasLog posts higher Q2 revenue
Monaco-based LNG shipper GaLog posted higher revenue in the second quarter boosted by more operating days and new LNG tanker additions to its fleet. Revenue stood at $114.5 million in the second quarter this year as compared to $104.4 million for the year-ago quarter, GasLog said in its results repo
Kongsberg nets contracts for Scottish LNG ferries
Kongsberg Maritime of Norway said it has secured contracts from the Glasgow-based shipbuilder, Ferguson Marine Engineering (FMEL) for two LNG-powered ferries. The two 100 meter ferries are being built by FMEL for Caledonian Maritime Assets (CMAL). The engineering, procurement, construction and insta
Singapore Exchange prepares formal offer to buy UK’s Baltic Exchange
By Anshuman Daga and Jonathan Saul SINGAPORE/LONDON (Reuters) – Singapore Exchange Ltd (SGX) is readying a formal offer to buy London’s Baltic Exchange following months of discussions that culminated in exclusive talks between both parties, sources familiar with the matter said on Tuesday. Founded i
Amec Foster Wheeler names chief information officer
LNG engineer Amec Foster Wheeler said Wednesday it has appointed Rod Carr to the newly created position of chief information officer with effect from 2 August. Based in London, UK, and reporting to Jonathan Lewis, CEO of Amec Foster Wheeler, Carr will be a member of the company’s leadership team, Am
Sabine Pass Train 2 produces first LNG, Genscape says
The second train at Cheniere’s Sabine pass liquefaction and export plant in Louisiana has started producing liquefied natural gas, according to analytics firm Genscape, that has infrared cameras pointed at the facility. “Genscape’s IR cameras witnessed the methane stacks come online with the increas
Dunkirk LNG postpones 2nd commissioning cargo
France’s Dunkirk LNG terminal said Tuesday it has postponed its second commissioning cargo after an incident last week which led to the evacuation of the terminal’s workers. The arrival of the second commissioning cargo “initially planned on August 7th, is postponed to the first half of September,”
Port of Rotterdam in LNG bunkering first
Terntank’s LNG-powered 15,000 DWT chemical tanker Ternsund will be the first vessel to bunker the chilled fuel in the Port of Rotterdam and to receive a discount on gross seaport dues as part of the port’s new incentive programme. The Dutch port announced in December last year that seagoing vessels
Japan’s JGC mulls building small LNG plant in Sakhalin
Japanese engineering firm JGC Corp is considering building a small liquefied natural gas plant on Russia’s remote Sakhalin island, according to a statement by the Sakhalin region government. The Sakhalin Island is the home of Russia’s only producing LNG plant, Sakhalin-2, with a capacity of about 10
GasLog Partners plans to raise $54 million in public offering
New York-listed GasLog Partners, the master limited partnership focused on owning, operating and acquiring LNG carriers, has on Monday announced a public offering of its common units to raise up to US$53.6 million. GasLog Partners said in a statement it plans to issue 2,750,000 common units at a pri
Zeebrugge books two Qatari LNG cargoes
Belgium’s Zeebrugge LNG terminal operated by Fluxys is scheduled to receive two cargoes from the world’s largest LNG producer, Qatar. NYK’s 149,700-cbm Grace Barleria is expected to dock at Zeebrugge terminal’s jetty on August 7, shipping data by the Port of Zeebrugge shows. The second cargo will be
Malta LNG FSU ready for work
A sail away ceremony for the floating storage unit (FSU) Armada LNG Mediterrana was held in Singapore on Monday. The FSU will be dispatched in the coming days to Malta where it will be deployed at the Delimara LNG regasification terminal and power station. Bumi Armada won the US$300 million LNG FSU
France’s Dunkirk LNG terminal back on track, 2nd comissioning cargo coming from Peru
France’s fourth LNG import terminal in the port of Dunkirk (Dunkerque) has resumed activities following an incident last week which led to the evacuation of the terminal’s workers. The Dunkirk LNG terminal, that is currently in commissioning phase, was put into safe conditions last Monday due to “LN