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Panama Canal officials have visited Japan to meet LNG carrier fleet owners from the largest shipping companies, Nippon Yusen Kaisha Line, Mitsui OSK Lines and Kawasaki Kisen…
Awilco LNG, the Norwegian cargo market player with five vessels, said spot LNG freight rates reversed their decline during the third quarter. The rates were at around $63,000 per day…
The Canadian LNG province of British Columbia has signed an agreement with a First Nation tribe so that it will receive millions of dollars in financial benefits from…
DNV GL, the largest European classification society, has signed an agreement with the Qatar-Singapore joint venture shipyard in the Gulf to promote LNG and bunker barges and…
Japanese LNG imports fell 7.9 percent last month as dollar-based, long-term contract prices linked to oil fell to levels of more than five years ago, though this has been…
GasLog, the Monaco-based LNG carrier fleet owner, reported a profit surge for the third quarter and said its vessel "GasLog Chelsea" had its charter extended by the Papua…
The turnover generated by the services provided by the Fluxys Belgium Group totalled €399.7 million as of late September 2014 compared to €403.5 million for the same…
RasGas Co, one of the two companies that produce LNG for the the world's largest exporter Qatar, said it would continue to use flexibility in its portfolio…
The Wison Offshore and Marine shipyard in Nantong, China, is making progress on the building of a liquefaction and processing barge for the Caribbean Floating LNG export project…
The Bilbao LNG import terminal in the Basque country of northwest Spain is scheduled to receive a cargo to fully commission a new 150,000 cubic metres capacity third…
Oman Shipping Co. has increased its LNG carrier fleet to seven vessels after taking delivery of a new 162,000 cubic metres capacity ship from Hyundai Heavy Industries…

issue october 2014

 

 

Paris-based LNG agency sees soaring demand for marine and road transport

LNG as a fuel will capture a significant market share in the transport sector by 2035 as demand for marine re-fuelling may reach as much as 77 million tonnes per annum and road transport companies will need 96 MTPA for trucks.


US Maritime Administration issues report on measures needed for LNG bunkering

The US Maritime Administration (MARAD) has published a study on LNG use as a marine fuel and the related infrastructure and rules and regulations required as its adoption increases in North America.


A round-up of latest events, company and industry news


LNG engineers describe the construction in Algeria by Italian-Japanese consortium of liquefaction Train

Sonatrach, the forerunner and a major player in the global LNG industry, invested in a new large LNG production Train, the GNL‐3Z project in Algeria, to sustain and increase its export capabilities in a period when very few other LNG projects were awarded.


Koreans develop a high-efficiency liquefaction process for LNG called KSMR and with a simple structure

A new natural gas liquefaction process called KSMR, featuring an SMR-based simple structure and with relatively high efficiency, has been developed by engineers at Korea Gas Corp.


Preliminary draft resource report shows Alaska LNG plant with 20 MTPA of output to be built in seven years

Alaska LNG, the project being developed by BP, ConocoPhilips, ExxonMobil, TransCanada and the state itself, has filed a preliminary draft resource report with regulators saying the plant will produce an initial 20 million tonnes per annum of LNG.