Finnish transmission system operator Gasgrid Finland has reduced the total number of planned LNG import slots at the country’s first FSRU-based terminal for Q2 and Q3 2023. Finland’s floating LNG terminal is located in the port of Inkoo where Excelerate Energy’s floating storage and regasification u
AB Klaipedos Nafta has received a Letter of Expectation from its shareholder, the Ministry of Energy of the Republic of Lithuania, which owns 72.47% of the company’s shares. According to Klaipedos Nafta, the Letter of Expectation confirms the direction of the changes sought by the company and enable
Norwegian shipping company Höegh Autoliners has announced that after many months of planning, designing, and preparing, the construction of its first Aurora-class vessel commenced. Leaders and representatives from Höegh Autoliners, DNV, Deltamarin, Clarksons, and China Merchants Heavy Industry (CMHI
Greek tanker owner Performance Shipping has signed a contract with China Shipbuilding Trading Company Limited and Shanghai Waigaoqiao Shipbuilding for the construction of a 114,000 dwt LNG-ready LR2 Aframax product/crude oil tanker worth $62.6 million. The shipowner said that the tanker is slated fo
Italian shipbuilder Fincantieri has launched Sun Princess at its yard in Monfalcone, the first of two LNG-powered cruise ships being built for Princess Cruises, an American cruise line owned by Carnival Corporation. With 175,500 gross tons, Sun Princess is the largest ship built in Italy so far, as
World’s largest container shipping company MSC is ready to embrace alternative fuels as part of its commitment to decarbonize its operations, Claudio Abbate, Vice President of Maritime Policy and Government Affairs at MSC Group, said. Abbate said the company was “willing and ready” to further adopt
The German Environmental Aid (Deutsche Umwelthilfe – DUH) has objected to the construction of a pipeline to connect the planned LNG terminal off Rügen in Germany and asked the responsible Stralsund Mining Authority to refuse the permit. According to DUH, the terminal, with a capacity of up to 38 bil
Tanzania’s Ministry of Energy has announced on Twitter that the negotiations for the construction of a $30 billion liquefied natural gas (LNG) terminal between Tanzania, Norway’s Equinor, and UK’s Shell are complete and experts are now writing contracts. The ministry notified the public that Tanzani
Japanese classification society ClassNK has issued four Approvals in Principle (AiPs) to French LNG containment specialist GTT recognizing the company’s latest development projects in alternative fuels. The concepts that won approvals include: – Concept of 12,500m3 LNG Dual-fuelled VLCC fitted with
Nordic energy company Gasum is strengthening its presence in the ARA region by registering for business in the Netherlands through its Swedish entity Gasum AB. Gasum AB has been entered into the Dutch trade register in February this year. The company said that being registered as a legal entity in t
Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding has delivered a 190,000 dwt dual-fuel bulk carrier Ubuntu Unity to its owner Clouds Marine SA, based in the Marshall Islands. The LNG-powered Capesize bulk is intended for Greek-based Maran Dry Management, according to the data from VesselsValue a
TGE Gas Engineering and Technodyne International Limited have been awarded by Sener, a member of the SENER/COBRA consortium, a contract for the outer tank design for the LNG storage tanks for German LNG Terminal GmbH. TGE/Technodyne said that the design works for the two full-containment tanks, each
French container shipping major CMA CGM welcomed nine e-methane-ready dual-fuel container ships into the fleet in 2022. The ships pertain to CMA CGM’s $10.2 billion investment in a fleet of 77 LNG-powered and “e-methane ready” vessels of which 32 are already in operation. The company also has six bi
Nakilat-Keppel Offshore & Marine (N-KOM), founded from a joint venture between Qatar Gas Transport Company (Nakilat) and KS Investment, a wholly owned subsidiary of Keppel Offshore & Marine, and Norwegian tech company Kongsberg have signed a Memorandum of Understanding (MoU) to collaborate in mariti
