Clean Fuel
Dynagas LNG prices public offering
Dynagas LNG Partners has priced its previously announced $250.0 million public offering of senior unsecured notes due 2019. Dynagas Finance, a wholly-owned subsidiary of the partnership, is acting as co-issuer of the notes. The notes will mature on October 30, 2019. The notes will bear interest at a
Bibby Maritime attending Canada LNG Export conference
Bibby Maritime, global providers of workforce accommodation, will be attending Canada LNG Export 2014, a conference and exhibition focused on the growing LNG markets in Canada. The three-day conference and focus day takes place in Calgary on September 16-18th and covers topics including ‘Gaining Acc
LR sets standard for clarity on LNG fueled preparedness levels
To justify design and production requirements, CAPEX investment and operational planning, LR’s Gas Fuelled Readiness (GR) notation, with levels A, S, T, P and E (M, A, B and I), gives real meaning to options for ‘gas readiness.’ In response to industry demand for clarity over options for gas readine
Grain LNG terminal to get cargo
The UK’s Grain LNG terminal, operated by National Grid, is expected to receive a cargo of liquefied natural gas this week, shipping data says. The cargo is carried by the 126,000 cbm Mourad Didouche, and it is scheduled to arrive at the terminal located near London on September 9. The terminal has a
Wartsila dual-fuel engines to power new container vessels
A series of new 1400 TEU container vessels being built for GNS Shipping GmbH & Co KG managed by Nordic Hamburg, will feature 7-cylinder Wärtsilä RT-flex50DF dual-fuel 2-stroke main engines. The ships are being built at the Yangzhou Guoyu Shipbuilding yard in China, and are expected to be in operatio
Novatek granted LNG export license
Novatek, Russian independent gas producer and owner of a 60 percent stake in the Yamal LNG project, has been granted the permission to export the chilled gas. According to the Deputy Energy Minister Kirill Molodtsov, the license was signed by Energy Minister Alexander Novak on September 5, reports I
Becker Marine launches innovative LNG Hybrid barge
Becker Marine Systems celebrated the technical launch of its innovative LNG Hybrid barge in Komarno, Slovakia. “This is an important day for the shipping industry, because the LNG Hybrid barge is a big step forward for supplying cruise ships with environmentally-friendly energy,” said Dirk Lehman, M
Zeebrugge awaits LNG cargo
Belgium’s Zeebrugge import terminal, operated by Fluxys, will receive a cargo of liquefied natural gas on September 11. The Al Deebel LNG tanker, with a capacity of 145,700 cubic meters, is sailing from Ras Laffan in Qatar, port data reveals. The Zeebrugge terminal imports LNG mainly from Qatar. A t
Top news of the week September 1-6, 2014
Japan, India to cooperate on LNG Japanese Prime Minister Shinzo Abe and his Indian counterpart Narendra Modi agreed to extend the cooperation between the two countries on a wide range of areas including LNG. Gunvor to plunge into spot LNG Gunvor Group is planing to expand into short-term buying and
DNV GL revises sloshing analysis of LNG membrane tanks
DNV GL published a revised version of Class Note 30.9, sloshing analysis of membrane LNG tanks. Class Note 30.9 has since its first release in 2006 been a unique reference for sloshing assessment of membrane type LNG tanks. Like no other document it provides in-depth description and guidance on how
Tullow sells gas assets to Mercuria Energy
Tullow Oil’s subsidiary Tullow Exploration & Production B.V., has entered into an agreement to sell its operated and non-operated L12/L15 block interests and non-operated Q4 and Q5 block interests to AU Energy B.V., a subsidiary of Mercuria Energy Group Limited for a consideration of €62.7 million (
Rosneft: production starts on the Northern tip of Chayvo
Rosneft said it started production on the Northern Tip of Chayvo field on the Sakhalin Island. President of Russian Federation Vladimir Putin led the ceremony in a video link from Gorno-Altaysk. Russian Energy Minister Alexander Novak and head of Rosneft Igor Sechin were present on the Sakhalin Isla
BV classed fleet passes 100 mln gross tonnes milestone
Strong growth in the numbers of ships being transferred into BV class has pushed the Bureau Veritas classed fleet past the 100 million gross tonnes milestone. At the end of the first half of 2014 BV classed 10,700 ships totalling over 100 m gt. Philippe Donche-Gay, Executive Vice President and Head
Centrica continues shares buyback
Centrica plc purchased (through Barclays Bank PLC) 1,000,000 Centrica plc ordinary shares at an average price of 323.3638 pence per share. The highest price and the lowest price paid for these shares were 324.30 pence and 322.80 pence respectively. The purchased shares will be held as treasury share