News
Panama Canal Puts Cocoli Locks through Paces
The Panama Canal Authority (ACP) conducted another trial transit in the Expanded Canal on June 20, with a US-built crane ship Oceanus traversing the Pacific-facing Cocoli Locks. The inauguration of the Expanded Panama Canal will take place on Sunday, June 26. The first vessel to cross the Expanded P
IBIA: Half Percent Marine Fuel Sulfur Cap Likely by 2020
There are signals that the global 0.5 percent sulfur cap for marine fuels could enter into force by 2020, according to the International Bunker Industry Association (IBIA). The International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC) is expected to decide on the tim
GOW 2016 Kicks Off, Meet Offshore WIND Team in Manchester
RenewableUK’s event dedicated to the offshore wind industry opened its door this morning. The Global Offshore Wind 2016 exhibition and conference is being held on Tuesday and Wednesday in Manchester. Offshore WIND, located at stand 169, is exhibiting alongside companies such as Siemens, MHI Vestas,
RBA: weak prices will not hamper Australian LNG growth
Australian exports of liquefied natural gas are likely to continue to grow over the next few years despite weak prices of the chilled fuel, according to Alexandra Heath, head of economic analysis at the Reserve Bank of Australia (RBA).
Vroon Launches New W2W Vessel
Vroon’s new DP2 subsea-support walk-to-work (W2W) vessel, VOS Stone, was launched last weekend at Fujian Southeast Shipbuilding Co. Ltd. in China. VOS Stone, as well as her sister vessel VOS Start, can carry a total of 87 persons, offering accommodation and work space for up to 60 personnel. The ves
Vroon Launches New W2W Vessel
Vroon’s new DP2 subsea-support walk-to-work (W2W) vessel, VOS Stone, was launched last weekend at Fujian Southeast Shipbuilding Co. Ltd. in China. VOS Stone, as well as her sister vessel VOS Start, can carry a total of 87 persons, offering accommodation and work space for up to 60 personnel. The ves
DOE: Cheniere exported 10.01 Bcf of domestically produced LNG in April
Cheniere’s Sabine Pass liquefaction facility, the first of its kind to ship U.S. shale gas overseas, exported 10.01 billion cubic feet of domestically produced LNG in April, according to the U.S. Department of Energy. The liquefaction plant located in Louisiana shipped its first cargo on February 24
Cairns Switches Focus to Accommodate Mega Cruise Ships
As the mega cruise ship market is expected to experience a strong growth, the Australian Cairns Shipping Development Project has switched its focus to target these vessels which measure up to 300 metres in length in an effort to take advantage of the growing market. With the Ports North’s change of
Reds On Call for Diving Ops at Race Bank OWF
DONG Energy has awarded Reach Engineering and Diving Services (Reds) a 15-month contract to support the construction of Race Bank offshore wind farm. As of this month, Reds will be on call for diving services during the construction of the 580MW wind farm, situated 17 miles off the Lincolnshire coas
Novatek approves Yamal LNG financing
Series of Yamal LNG related transactions have been approved at an extraordinary general meeting of shareholders of the project’s operator Novatek.
Tokyo Gas buys stake in U.S. shale gas field
Japan’s Tokyo Gas said it has bought a 25 percent stake in a U.S. shale gas field located in the Webb and La Salle counties in south Texas. Tokyo Gas America Ltd., a unit of Tokyo Gas Co, purchased the Eagle Ford shale gas assets from VirTex group. It is the second time for Tokyo […]
Cheniere cancels LNG truck loading station plans at Sabine Pass
Cheniere Energy recently filed a letter with the U.S. Federal Energy Regulatory Commission withdrawing its application to build truck loading facilities at its Sabine Pass LNG terminal in Cameron Parish, Louisiana.
GNF: Gas Natural Rioja starts natural gas supplies to San Asensio
Gas Natural Fenosa recently informed its unit, Gas Natural Rioja began gas supplies to San Asensio, following the start-up of the LNG plant, control station and the first section of the natural gas supply network.
IOG doubles reserves with Blythe discovery buy
Independent Oil and Gas (IOG), a development and production focused oil and gas company, has completed the acquisition of the other 50% of the licence covering Blocks 48/22b and 48/23a in the Southern North Sea, containing the Blythe gas discovery. IOG signed a deal to buy the interest from Alpha Pe