LNG Shipping

Keppel Offshore & Marine Ltd has clinched contracts worth a combined value of about S$300 million, including a contract for the design and construction of a LNG bunker vessel.

In 2018, Gunvor showed continued year-on-year growth by delivering approximately 11 million t of LNG.

Evangelos Dimopoulos, Senior LNG Analyst, Braemar ACM Shipbroking, provides comments on the LNG industry 2018/19.

Jos Glorie, Cryonorm Systems BV, the Netherlands, evaluates the value of LNG as a marine fuel and outlines Cryonorm’s latest marine fuel system solution.

LNG buyers’ willingness to commit to new long-term contracts has increased significantly during 2018 amid expectations of a tighter LNG market.

The US Department of Energy has announced that it is discontinuing its practice of including an ‘end use’ reporting provision in orders authorising the export of domestically produced natural gas; including LNG.

Samsung Heavy Industries has announced that it has received an order for a new LNG carrier.

Woodside has signed an agreement with RWE for the mid-term supply of LNG from 4Q20 until December 2022.

LNG Limited has extended the validity period of its current binding EPC contract with KSJV for Magnolia LNG.

Rederi AB Donsötank has announced that it has contracted two LNG-fuelled oil products and chemical tankers at Wuhu Shipyard Co. Ltd.

TMS Cardiff Gas has announced four long-term time charter contracts with Shell and placed newbuilding orders for additional X Carrier Series LNG ships.

Crowley Maritime Corp. has announced that it has taken delivery of Taíno – the second of two of the world’s first combination container/roll on – roll off (ConRo) ships fuelled by LNG – from VT Halter Marine Inc.

South Korea’s imports of LNG are on course to reach 42 million t in 2018; a record high for the country.

GTT has received an order from a Korean shipyard concerning the tank design of two new LNG carriers, bringing the company’s total orders to 50 vessels for 2018.

Thun Tankers has named its the new, environmentally adapted tanker ‘Thun Evolve’ in Groningen, Holland.