LNG Shipping

GTT has announced a new order for one LNG carrier, to be built by South Korea’s DSME.

The Hong Kong government has announced that vessels will need to switch to low-sulfur marine fuel by 1 July 2015.

The Port of Helsinki and the Port of Tallinn are working together to develop the Helsinki-Tallinn maritime link.

General Dynamics NASSCO has held the keel laying ceremony for an ECO tanker for APT, currently under construction in San Diego.

Damen Shipyards has launched the first LNG-powered EcoLiner inland shipping tanker at its shipyard in Romania.

Bestobell Marine has received an order to supply 460 cryogenic miniature needle globe valves per ship for four LNG carriers.

Anthony Veder has completed the engine retrofit of its LNG carrier, the Coral Anthelia.

A study from the European Commission on LNG as a shipping fuel has highlighted high levels of support from the industry.

Wood Mackenzie expects LNG spot prices in Asia to stage a short-lived rally in the summer, but Australian LNG ramp-up in 4Q15 will see prices fall further.

Eniram Ltd has announced the release of its onboard and offshore Boil Off Management Tool for LNG carriers.

Litgas has signed a master trade agreement to enable purchases of LNG from Cheniere Marketing.

LNG shipping company Sovcomflot has launched a new corporate website.

MOL has signed a deal for the construction of four 20 000 TEU containerships, which will be able to operate on LNG.

Davie celebrated the keel-laying ceremony for the first LNG-powered ferry to be built in North America.

Höegh LNG has reported a loss before tax of US$56.4 million for the fourth quarter of 2014, mainly due to impairment charges.