Qatari LNG shipping giant Nakilat is continuing with the second phase of it fleet management transition progamme with a unit of Shell. As part of the transition, Nakilat has assumed full ship management and operations of Q-Flex Al Sadd starting August 13. The Doha-based shipping firm owns the 210,20
US LNG exports increased in the week ending August 12 but they still remain at low levels as the Covid-19 pandemic continues to weigh on global prices and demand. The Energy Information Agency agency said in its weekly gas natural gas report that five US terminals dispatched eight LNG cargoes during
Bermuda-based shipping company Teekay LNG said its net income surged in the May-June period with its chief executive announcing the results as “another record quarter” for the firm. Net income for the second quarter reached $44.9 million, compared to $16.4 million in the corresponding quarter last y
The first in a series of six LNG-powered neo-Panamax containerships being built for Singapore’s Eastern Pacific Shipping has completed gas trials in South Korea. The ship named Tenere will be chartered by CMA CGM that is also building a series of giant LNG-fueled vessels. The French firm will charte
Norwegian shipping company Flex LNG will add another vessel to its fleet next week boosting the total number of carriers in operation to eight. South Korea’s DSME will deliver the 173,400-cbm Flex Artemis on August 17, according the firm controlled by billionaire John Fredriksen. Once delivered, the
A unit of China’s State Power Investment Corporation has purchased stakes in two plants as part of a Brazilian LNG-to-power project located in Rio De Janeiro. SPIC Brasil entered the deal with the project operator, Gas Natural Acu. GNA is a venture consisting of UK’s energy giant BP, Germany’s engin
China’s Gloryholder Liquefied Gas Machinery has recently won a contract to supply LNG fuel system for two tankers being built for Sweden’s Tarbit. The LNG fuel specialist secured the order from the vessels’ shipbuilder, China’s Jiangsu New Yangzi, a unit of Yangzijiang Shipbuilding. The contract inc
India’s Petronet LNG said Tuesday it invoked a force majeure for nine long-term cargoes with its suppliers due to lower demand in the country caused by the Covid-19 lockdown. The country’s largest LNG importer has a deal to buy 7 mtpa from Qatargas and 1.44 mtpa from Exxon Mobil from the Gorgon proj
Dutch independent storage tank firm Vopak has started offering simultaneous LNG bunkering service at its Europoort terminal in the port of Rotterdam. Vessels calling at the Europoort terminal can now get LNG fuel from bunkering barges simultaneously while loading or discharging. “This eliminates the
Eagle LNG and Crowley recently marked the 100th bunkering event of liquefied natural gas to the latter’s ConRo ships from the Talleyrand facility located at the Port of Jacksonville. The two Crowley’s LNG-powered ConRo ships Taino and El Coqui are working on the Jacksonville, Florida to Puerto Rico
US energy company Sempra said Monday it launched full commercial operations at the third Cameron LNG train in Louisiana. This also marks the start of the full commercial operations at the three-train 12 mtpa liquefaction facility. Cameron LNG achieved commercial operations of the first and second un
US engineering firm Bechtel said it appointed Paul Marsden as president of the company’s oil, gas and chemicals business. Marsden will succeed Alasdair Cathcart, who is stepping down after 31 years at Bechtel. He will assume his position on September 8. Marsden’s experience includes serving in senio
CMA CGM’s second ultra large LNG-powered containership is undergoing sea trials, according to the Chinese shipbuilder Hudong-Zhonghua. The CMA CGM Palais Royal left the Shanghai Jiangnan-Changxing Shipyard, a part of Hudong, on August 5, the shipbuilder said in a statement. This is the second CMA CG
Kuwait Petroleum’s unit KIPIC said two sub-contractors died in an accident on Saturday at its LNG plant under construction in Al-Zour. KIPIC said in a statement it would undertake all the necessary measures to investigate the incident. The company did not provide any additional information. State-ow
