ESL Shipping signs vessel financing agreements
ESL Shipping has inked vessel financing agreements with OP Corporate Bank for two LNG-fuelled Handysize dry bulk carriers.
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Seven Generations hires executive to head market development
Seven Generations has appointed Senior Midstream Executive, Tim Stauft, as Senior Vice President and CEO of its market development division.
ExxonMobil and four other parties to collaborate in the Caledonia LNG project
ExxonMobil, Babcock International Group, Bernhard Schulte Shipmanagement, Calor and Orkney Islands Council have signed an agreement to collaborate in the Caledonia LNG project.
IEA releases new LNG market report
The IEA has released its ‘Global Gas Security Review’, which aims to provide more transparency into the LNG market.
Pakistan secures funding from China for LNG terminal and transmission line
According to Reuters, Pakistan has secured a further US$8.5 billion of investment from Beijing, China, with US$4 billion to go towards an LNG terminal and transmission line.
FERC rejects appeal against Magnolia LNG project
The US FERC has issued an order denying the Sierra Club’s request for rehearing regarding the Magnolia LNG project.
RasGas delivers first LNG to Dunkerque regas terminal
RasGas recently delivered its first LNG cargo to the Dunkerque LNG regasification terminal.
Nakilat transitions LNG carrier to in-house management
Nakilat has assumed full ship management and operations of the Umm Slal Q-Max LNG carrier from Shell Trading and Shipping Co. Ltd, as part of a planned and phased transition.
APC delivers LNG hose transfer system to Chile
Alpha Process Controls has supplied an LNG hose transfer system to GNL Quintero’s regasification terminal in Chile.
RasGas emphasises importance of safety culture
RasGas has emphasised the importance of ensuring a robust safety culture within an organisation.
Viking Line signs LOI for LNG-fuelled passenger vessel
Viking Line has announced that it has signed a letter of intent with China’s Xiamen Shipbuilding Industry Co. Ltd regarding an order for an LNG-fuelled passenger vessel to be delivered in Spring 2020.
LNG-powered bus launched in India
The first LNG-powered bus has been launched in Thiruvananthapuram, State capital of Kerala, India.
Hoegh considers purchasing fifth FSRU
According to Reuters, Hoegh LNG Partners LP is considering the possibility of spending US$300 million – US$400 million on a fifth floating storage regasification unit.
Beach Energy announces changes to senior executive team
Beach Energy Ltd has announced that it has made a number of changes to its senior executive team.
LNG-fuelled ferry sets sail for B.C.
The Salish Orca – BC Ferries’ first LNG-fuelled ferry – has departed Poland and set sail for British Columbia, Canada, where it will enter service in Spring 2017.