LNG Shipping

Skangas has announced that it has successfully delivered the first LNG for the LNG-powered, dual-fuel, icebreaker vessel, Polaris.

PAO Sovcomflot has signed a 13-year loan agreement with VTB Bank worth US$260 million to help finance the construction of an Arctic LNG tanker for the Yamal LNG project.

GasLog Ltd has announced that it has launched a US$1.05 billion debt financing with multiple international banks in order to refinance six legacy facilities.

BigRoll Shipping has announced that it has received the BigRoll Bering vessel from Cosco Dalian Shipyard Co. Ltd for use in the Yamal LNG project.

Rolls-Royce has released a video of its LNG expert, Oscar Kallerdahl, discussing the company’s systems and the benefits of using LNG as a marine fuel.

Research from McKinsey Energy Insights suggests that LNG oversupply could last until 2024, unless low prices can stimulate a demand recovery.

Teekay Shipping has awarded GTT Training a contract to supply G-Sim LNG simulator software into its training centres.

Japan has designated ABS as the first foreign ‘recognised organisation’ authorised for maritime labour inspection.

ClassNK has reopened its Tehran office, in light of recent developments in the region.

GasLog Ltd has announced that it has completed the issuance of NOK750 million of new senior unsecured bonds in the Norwegian bond market.

DSME has signed new contracts with Maran Gas Maritime and Maran Tankers Management for the construction of two ME-GI powered LNG carriers and two VLCCs.

GasLog Ltd – a global owner, operator and manager of LNG carriers – has announced that it is considering the issuance of new five-year senior unsecured bonds in the Norwegian bond market.

DNV GL has released a statement claiming that it has initiated the next phase of the LNGreen project.

SeaRoad has announced that it has launched the Searoad Mersey II – an LNG-fuelled RoRo freight vessel for service in the Bass Strait between Tasmania and the Australian mainland.

Ferus Smit has announced that it has delivered the second LNG-powered cement tanker to the JT Cement joint venture.