News
Dynagas LNG Partners posts Q2 loss
Dynagas LNG Partners, a limited partnership formed by the Greek shipowner Dynagas, on Tuesday reported a second-quarter loss of $5.2 million, after reporting a profit in the same quarter a year before. The company posted loss per common unit of $0.19 for the three months ended June 30. Adjusted earn
Final Dudgeon Turbine Takes Shape
A2SEA’s wind turbine installation vessel Sea Challenger has installed the last of the 67 Siemens 6MW wind turbines on the 402MW Dudgeon offshore wind farm.
Cryostar equips SK Audace with fuel gas compressor
Cryostar, the French supplier of cryogenic equipment, said it has commissioned and tested its latest six-stage fuel gas compressor on new LNG tanker SK Audace. SK Audace is claimed to be the first LNG carrier fitted with XDF propulsion. The vessel was delivered last month to shipowners SK Shipping a
DNV GL: natural gas to become world’s primary energy source by 2035
Natural gas will become the largest single source of energy from 2034, according to a report by the classification society, DNV GL. While renewable energy will grow its share of the energy mix, oil and gas will account for 44% of world energy supply in 2050, compared to 53% today. DNV GL’s Energy Tr
Oil demand to peak in 2022 but gas to become primary energy source by 2035, DNV GL says
Oil and gas will be crucial components of the world’s energy future, according to DNV GL’s forecast of the energy transition published on Tuesday. While renewable energy will grow its share of the energy mix, oil and gas will account for 44% of world energy supply in 2050, compared to 53% today. Gas
Elengy ups Montoir LNG truck loading capacity
French LNG terminal operator Elengy has boosted truck loading capacity at its Montoir-de-Bretagne LNG terminal on the French Atlantic coast. The capacity has been increased to 18 LNG trucks loading per day, compared with 12 previously. “An increase in capacity made possible especially by development
France’s Dunkirk LNG terminal upgrading reload facilities
EDF’s unit Dunkerque LNG, the operator of France’s fourth LNG import facility, is working on boosting the terminal’s reloading capacity. Dunkerque LNG will adapt its terminal to reload LNG cargoes at a maximum flow rate of 9,000-cbm per hour. This is more than double the current reloading flow rate
Chart buys Germany’s VCT Vogel
US-based LNG equipment provider Chart Industries has agreed to acquire VCT Vogel of Germany. VCT provides cryogenic pumps, equipment and service to businesses in Germany, Austria and Switzerland. The acquisition expands and strengthens Chart’s service and aftermarket presence in the three countries
Beatrice Foundation Installation Works In Full Swing
Seaway Heavy Lifting’s vessels Stanislav Yudin and Oleg Strashnov have installed 69 pile clusters and 12 jacket foundations in the Outer Moray Firth off Scotland for the 588 Beatrice offshore wind farm project.
Bold Tern Joins Galloper Turbine Installation Team
Fred. Olsen Windcarrier has been awarded a contract with Siemens Gamesa Renewable Energy (SGRE) for the transport and installation of wind turbines on the 336MW Galloper offshore wind farm off Suffolk, UK.
Bold Tern Joins Galloper Turbine Installation Team
Fred. Olsen Windcarrier has been awarded a contract with Siemens Gamesa Renewable Energy (SGRE) for the transport and installation of wind turbines on the 336MW Galloper offshore wind farm off Suffolk, UK.
Braveheart Marine Takes Delivery of New Vessel
Javelin International has named and delivered the multipurpose vessel Patriot, designed for hydrographic survey and crew tender activities, to Braveheart Marine. The Patriot is the fourth vessel from Javelin International that Braveheart Marine ads to its fleet. The vessel, with a length of 25,90m a
Spanish gas demand hits record high in Aug
Spanish natural gas demand rose 18 percent in August year-on year, reaching the highest monthly growth figure in the summer period since 2008 and exceeding the previous record set in July, according to the LNG terminal operator, Enagás. Natural gas demand in August reached 25,100 gigawatt hours (GWh
Global Marine Group expands UK footprint
The Global Marine Group (GMG), a provider of offshore engineering services to the renewables, oil & gas, and telecommunications industries, has expanded its operations base in the UK to include the Port of Blyth, Northumberland. According to GMG’s statement from last week, Blyth is a major support b