LNG Shipping

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.

DNV GL has released a statement claiming that it has signed a contract with Stena Line to provide classification services for the company’s new RoPax ferries.

ABS has announced that it has joined forces with Arista Shipping, Gaztransport & Technigaz, Deltamarin and Wärtsilä to develop a new, LNG-fuelled, dry bulk carrier concept.

Lloyd’s Register has announced that it has granted Approval in Principle for a 6600 m3 LNG bunker vessel design from Hyundai Mipo Dockyard.

Enagas and the Port of Barcelona have signed an agreement to promote new logistics services for an LNG plant managed by Enagas in the port area.

The Kumul LNG carrier has successfully loaded its first cargo at the Papua New Guinea LNG marine facilities, and the 200th cargo is scheduled to be loaded onto the Spirit of Hela on 4 – 5 June 2016.