The Finnish technology group Wärtsilä has been contracted to provide tech solutions for KNOT’s two 124,000-DWT shuttle tanker newbuilds.
Singapore’s Offshore Technology Development has recently completed the installation of a ballast water treatment system on Avenir LNG’s small-scale vessel. The tech development unit of Keppel Offshore & Marine said in a statement it commissioned the system on a 7500 cubic meter carrier with bunkerin
The first Russian Aframax tanker, the LNG-fueled Vladimir Monomakh is ready to start sea trials.
On the UN’s World Oceans Day, energy company Equinor is launching its ambitions for reducing own emissions from ships, detailing how the company will help decarbonise shipping.
South Korea’s Daewoo Shipbuilding & Marine Engineering has won an order to build liquefied natural gas barges for Russian LNG producer Novatek. Under the deal, Daweoo will build two 360,000-cbm LNG barges for about 901.3 billion won ($748.2 million) with an option for two additional units. The float
ABB has signed a contract to support icebreaking LNG carrier Christophe de Margerie during its transit of the Northern Sea Route.
Italian energy giant Eni has announced a major overhaul of its business as it steps up efforts toward energy transition. The company will create two business units with one focused on oil and gas called “Natural Resources” and the second new unit which will focus mainly on renewable energy named “En
Greece-based Dynagas LNG Partners, a partnership formed by shipowner Dynagas, reported a rise in its first-quarter profit boosted by higher voyage revenues. Net income for the three months ended March 31 increased to $7 million as compared to $1.9 million in the same period in 2019. Dynagas LNG attr
The United States exported less liquefied natural gas cargoes in the week ending June 3 when compared to the week before, according to the Energy Information Administration. The agency said in its weekly gas natural gas report that five US terminals dispatched ten LNG cargoes between May 28 and June
Poland’s dominant gas firm and LNG importer PGNiG reported a 29 per cent lower net profit in the first quarter, hit by impairments. Quarterly net profit stood at 779 million Zlotys ($196m) when compared to 1.1 billion Zlotys in the January-March period last year. Revenue also declined 4 per cent yea
Cash-strapped LNG Limited has finally agreed the sale of its Magnolia liquefied natural gas export project at the third time of asking.
The Nordic energy company Gasum completed a liquefied natural gas (LNG) bunkering for Heerema’s Sleipnir, in Åmøyfjorden, Norway.
China’s Jiangnan Shipyard in Shanghai has completed the installation of the first GTT tank onboard CMA CGM’s 23,000-TEU LNG-powered containership. The Chinese yard has entrusted Spain’s Gabadi, an outfitter licensed by French LNG containment specialist GTT, with the installation of the Mark III syst
Renewi, Nordsol and Shell have formed a partnership to jointly produce bio-LNG.
