LNG Shipping

Teekay Corp. has released a video reviewing what happened in the LNG shipping market in 2Q16, and offering predictions for the year ahead.

Nakilat has signed a contract with Global Eagle Entertainment Inc.’s EMC service line to provide marine VSAT services its LNG and LPG carriers.

Sembcorp Marine has announced that it has entered into a sale and purchase agreement to acquire LMG Marine AS.

Awilco LNG has successfully completed the sale and delivery of the 125 000 m3 WilEnergy and WilGas LNG carriers.

On the eve of its 102nd anniversary, the Panama Canal welcomed the 100th transit through its newly expanded locks.

Crowley Maritime Corp. has announced that it has officially christened its fourth LNG conversion-ready product tanker – MT West Virginia.

Parker Bestobell Marine will supply cryogenic valves for three vessels that are part of the Yamal series of Arc7 ice-class LNG carriers.

Crowley Maritime Corp. has taken delivery of MT West Virginia – the fourth new Jones Act product tanker that has been constructed for the company by Philly Shipyard Inc.

According to Reuters, Indian Oil Corp. is currently holding a tender to purchase two cargoes of LNG for delivery in October 2016.

Navigator Gas has announced that the Navigator Aurora has been delivered to the Jiangnan Shipyard in Shanghai, China.

Cheniere Energy Inc. has released its results for 2Q16, reporting a net loss of US$298.4 million, or US$1.31 per share (basic and diluted).

Excelerate Energy has released a video detailing the company’s collaboration with the Dubai Supply Authority to upgrade the Jebel Ali LNG import terminal with the FSRU Explorer.

Terntank’s Ternsund tanker has become the first sea-going vessel to bunker LNG in Rotterdam.

New Fortress Energy has delivered the first LNG cargo for JPS’ 120 MW Bogue power plant in Montego Bay, Jamaica.

Nick Elliott, Inchcape Shipping Services, UK, presents a round-up of LNG activity from around the world.