LNG Shipping

DNV are to class Dockwise’s new heavy lift vessel, the Dockwise Vanguard, the vessel is the world’s largest heavy lift vessel and can lift weights of to 110,000 tonnes.

Australia Pacific LNG Pty Limited and The Kansai Electric Power Company today signed a binding Heads of Agreement for the sale and purchase of approximately 1 million tonnes of LNG per year for 20 years.

GDF SUEZ and Petronet LNG Limited have just signed an agreement extending along 2012 under which GDF SUEZ will sell Petronet approximately 0.6 million tons (nine cargoes) of LNG.

The energy security strategies of states across the region, if not working in cooperation with each other, could have severe geopolitical and economic repercussions in a region where high food and oil prices threaten economic recovery and human security.

Teekay LNG Partners L.P. and its joint venture partner Marubeni Corporation have agreed to acquire ownership interests in eight LNG carriers from Denmark-based, A.P. Moller-Maersk A/S, for approximately US$ 1.4 billion.

Bureau Veritas is extending its partnerships in the Russian shipping and offshore sector, focussing on High Arctic offshore projects.

Hyundai Heavy Industries, the world’s biggest shipbuilder, today won an US$ 400 million order to build two 155,000 cubic metre LNG carriers for Singapore-based BW Maritime.

The American Petroleum Institute has told Obama that American energy development is ‘critical’ solution to jobs problem.

Pivotal LNG, a subsidiary of AGL Resources Inc., has signed an agreement with Encana Natural Gas Inc., to supply LNG that Encana plans to offer to service providers operating fleet trucks in the Haynesville area of Louisiana.

Demand for subsea vessels is projected to make a strong recovery as confidence returns to the industry and more deepwater projects are sanctioned.

A group of US businesses and business groups, including API, have written a letter to President Obama asking him to intervene in the implementation of stringent new standards.

The American Public Gas Association comment on the Environmental Protection Agency’s propositions to amend the greenhouse gas reporting rule.

Cedigaz, the International Association for Natural Gas, has predicted that the world LNG trade will bounce back in 2011 and there will be little excess, in spite of new capacity additions.

Wärtsilä has been awarded a five-year technical management contract by Ceres LNG Services Ltd, a Greek ship management company and a major marine service provider in LNG shipping, covering six LNG carriers.

Qatargas is to supply Argentina’s ENERSa with 5 million tpa of LNG for 20 years, beginning in 2014.