LNG development company Atlantic Gulf & Pacific (AG&P) has signed a charter agreement with ADNOC Logistics & Services (ADNOC L&S), the shipping unit of the Abu Dhabi National Oil Company, to utilise the latter’s LNG carrier as a floating storage unit (FSU) at its planned LNG import terminal in India
ASYAD Shipping, a part of Oman’s national logistics provider ASYAD Group, has signed an agreement with South Korea’s Hyundai Samho Heavy Industries for the construction of two liquefied natural gas (LNG) carriers. According to a stock exchange filing, the order for two LNG carriers was placed on 21
LNG has been described as a transitional fuel for the shipping industry for years now, and a practical solution for shipowners who want to act now on their emissions and not wait on the side-lines. Nevertheless, as of recently, we are also seeing that LNG is becoming a fuel in transition as owners s
Members of the OCEAN Alliance, CMA CGM, COSCO Shipping Lines, OOCL and Evergreen have signed the Ocean Alliance Day 7 Product, which will launch in January 2023 with 40 services and an annual capacity of 22.4 million TEUs. It has been announced that 26 dual-fuel, LNG-powered CMA CGM ships would be a
QatarEnergy and China Petroleum & Chemical Corporation (Sinopec) have entered into a 27-year sale and purchase agreement (SPA) for the supply of 4 million tons per annum (mtpa) of liquefied natural gas (LNG) to China. The contracted LNG volumes will be supplied from QatarEnergy’s North Filed East (N
MSC Cruises, the cruise division of Swiss shipping giant MSC Group, has held a naming ceremony for the world’s largest LNG-powered cruise ship and one of the first to incorporate fuel cell technology, MSC World Europa.
State-owned oil and gas company QatarEnergy has signed another long-term charter contract with a subsidiary of Japanese shipping company Mitsui O.S.K. Lines (MOL) for three newbuild liquefied natural gas (LNG) carriers. The contract includes three LNG carriers to be built at Hudong-Zhonghua Shipbuil
German energy company Uniper and Israel’s NewMed Energy will explore ways of collaborating on the supply of liquefied natural gas (LNG) in the short and long term and producing blue and green hydrogen. The parties have signed a non-binding memorandum of understanding (MoU) to look into the supply of
Qatar’s state-owned oil and gas company QatarEnergy has selected the US energy giant ConocoPhillips as its third and final international partner in the North Field South (NFS) expansion project. The NFS project comprises two liquefied natural gas (LNG) mega trains with a combined capacity of 16 mill
Austria’s integrated oil and gas company OMV and the Abu Dhabi National Oil Company (ADNOC) have signed a memorandum of understanding (MoU) to explore a new partnership in deliveries for liquefied natural gas (LNG). Under the MoU, OMV and ADNOC intend to explore a partnership in LNG supply to suppor
Switzerland-based engine developer WinGD has been selected to provide dual-fuel engines to power QatarEnergy’s LNG carrier newbuilds. WinGD’s latest generation of X72DF-2.1 engines will power 25 vessels as part of QatarEnergy’s North Field East (NFE) project, the biggest LNG carrier newbuilding proj
in an environment where there is a scarcity of renewable fuels, the question arises whether it is a sustainable pathway for shipping to take a limited amount of renewable energy and apply it to an industry where you only get 25% utilization of what you’re starting with.
Qatar’s state-owned oil and gas company QatarEnergy has selected Shell as its second international partner in the North Field South (NFS) liquefied natural gas (LNG) expansion project, following the selection of TotalEnergies as the first international partner in the project. Under the partnership a
The green transition of the shipping industry is picking up pace with shipowners starting to invest in vessels that are technologically prepared to burn alternative fuels such as ammonia and hydrogen. Uptake of alternative fuels has continued to progress, with 4.8% (2021: 3.7%, 2017: 2.3%) of the fl
