LNG Shipping

MHB achieved a revenue of RM188.3 million with a pre-tax loss of RM25.3 million for 1Q18.

Adjusted operating profit of €746 million in 2017.

The multi-sector industry coalition, which advocates the adoption of LNG as a marine fuel, argues that Norway’s unilateral domestic CO2 tax on LNG fuel is ‘significantly unhelpful’ and is likely to increase emissions.

The Panama Canal has welcomed the inaugural transit of the LNG Sakura, which carried the first-ever LNG shipment from the Dominion Cove Point terminal in the US to Japan last weekend.

MISC Group has announced it has taken delivery of Seri Cemara, the final edition to a series of five MOSS-Type LNG carriers.

GAC Taiwan has secured an agency contract from Donggi Senoro Liquefied Natural Gas to handle its vessels’ calls and provide discharge agency and husbandry services.

Black & Veatch’s PRICO® technology is set to play a major role in BP’s field development in West Africa.

Santos has been advised by ExxonMobil that the LNG facility in Papua New Guinea has resumed its normal production rates.

Academy established in Singapore together with Templar Executives.

Bureau Veritas’ My Fuel Consumption is an application to guide owners through the regulatory requirements of IMO’s data collection system and EU MRV.

Industry leaders have projected a bullish outlook for the LNG industry and the rise of Singapore as a major player.

Qatargas has delivered its first LNG cargo to Bangladesh as part of a long-term SPA with Petrobangla.

The technology group Wärtsilä partners with the Maritime and Port Authority of Singapore (MPA) to promote maritime innovation and R&D.

The demand for Wärtsilä’s services and solutions in 2018 is expected to improve somewhat from the previous year.

Keppel Offshore & Marine is on track to deliver Southeast Asia’s first LNG powered tug.