Energy firms Total and Pavilion Energy have signed a Heads of Agreement (HoA) to jointly develop LNG bunker infrastructure at the port of Singapore.
Swedish engine manufacturer MAN Diesel & Turbo is to supply propulsion systems for the world’s first LNG-fuelled fishing trawler.
A consortium of Japanese shipping and engineering companies has announced that the first LNG bunkering vessel in the country is expected to start operation in 2020.
Supermarket group Lidl has announced plans to move its logistics operations in Switzerland from diesel to LNG fuel.
The Gothenburg Port Authority has renewed and extended its tariff discounts for LNG, incentivising uptake of the fuel for operators at the port.
Rising demand for LNG at the port of Gothenburg is set to drive diversification of supply as specialist Swedegas has announced a supply deal with Norwegian gas supplier Barents NaturGass for new LNG bunkering infrastructure at the port.
Danish gas specialist Kosan Crisplant has introduced a new Y-piece LNG bunker connector, designed to reduce truck-to-ship bunkering time by half.
A consortium of Indian energy companies has committed to introduce almost 20 LNG fuelling stations in the country by next year to support heavy-goods transport growth.
Standards agency American Bureau of Shipping (ABS) has classed the newly converted LNG-fuelled ferry, Spirit of British Columbia.
Italian shipbuilding company Fincantieri has signed a memorandum of understanding with cruise line Carnival Corporation for the construction of two next-generation LNG-fuelled cruise ships.
Norwegian LNG specialist Skangas and shipping line Furetank have completed the first refuelling operations for the dual-fuel vessel Fure Vinga using Liquefied Biogas (LBG).
Natural gas specialist Korea Gas Corporation (KOGAS) has announced plans to improve its LNG bunkering capacity via a series of partnerships with global bunkering firms.
The government of South Korea plans to introduce new legislation to ‘revitalise’ LNG-related shipbuilding in the country.
Shipping line Nippon Yusen Kabushiki Kaisha (NYK) and shipbuilder Japan Marine United Corporation (JMU) have completed concept designs for a new LNG-fuelled bulk carrier.
Consortium targets Tokyo Bay LNG bunkering
Japanese industrial groups Uyeno Transtech, Sumitomo and Yokohama-Kawasaki International Port Corporation have signed a memorandum of understanding to own and operate an LNG bunker barge in the Tokyo Bay area. The three companies have previously undertaken to research ship-to-ship LNG bunkering with a focus on Yokohama-Kawasaki port. “About one-fourth of the world’s ship fuel use will be switched over to LNG by 2030, producing a global rise in the demand for LNG fuel. At the same time, inadequate LNG bunkering infrastructure is among the reasons that Japan and the rest of Asia lag far behind such leading regions as Europe and the US in widely adopting LNG as marine fuel,” the consortium said in a joint statement.
Novatek, KOGAS sign LNG partnership
Russian energy firm Novatek and state-run Korea Gas Corp have signed an LNG cooperation agreement. The deal will see closer collaboration between the two energy giants with initial focus expected to be on increased partnership in Novatek’s Arctic LNG project. The agreement was concluded following talks between Russian President Vladimir Putin and South Korea’s, Moon Jae-in, suggesting that the two countries may be strengthening political as well as commercial ties in the space of LNG.
Eagle LNG officially opens Maxville LNG facility
Fuel specialist Eagle LNG has officially opened its Maxville LNG Facility in Jacksonville, Florida. The plant has production capacity of 200,000 gallons of LNG per day with a 1 million-gallon storage tank. The facility has been built to supply Eagle LNG’s Marine Fuel Depot at the Port of Jacksonville’s Talleyrand Marine Terminal. “It represents the start of Eagle LNG’s plans to build LNG infrastructure across the nation. Eagle LNG is investing millions of dollars creating small-scale LNG infrastructure to supply LNG as a cleaner-burning, more economical fuel alternative for marine bunkering and for export to the Caribbean,” Sean Lalani, President of Eagle LNG, said. Based in Houston, Texas, Eagle LNG Partners is a wholly owned subsidiary of Ferus Natural Gas Fuels and privately held by The Energy & Minerals Group.
GTT posts record profit on strong LNG market growth
LNG containment system specialist GTT has announced a record 11.9% increase in revenue for the first six months of 2018, driven by strong demand for its LNG fuelling systems. The firm reported revenues totalling 127.2 million euros during the first half of the year compared to 113.7 million euros in the same period last year. “The first half of 2018 was characterized by the growth in the LNG market, with a very satisfying number of orders for LNG carriers, which confirms the trends that began last year,” Philippe Berterottière, chairman and CEO of GTT, said. GTT declared 25 deliveries completed in the first half, of which 24 were LNG carriers and one FSRU. The firm’s order book at the end of the half year stood at 84 units with 66 LNG carriers, 13 FSRUs, 2 FLNGs, 2 onshore storage tanks and one barge.