In this issue


TMC Compressors (TMC) has won a contract from Hyundai Heavy Industries to supply a complete marine compressed air system to a newbuilding FSRU building for Höegh LNG. 

Marine loading arm manufacturer, Woodfield Systems, is now under new ownership following a management buyout (MBO) by four of its senior management team.

Qatargas recently delivered the first natural gas cargo to China National Oil Corp’s (CNOOC) Yuedong LNG terminal. 

Thursday, 11 May 2017

The Republic of Equatorial Guinea, Ophir Holdings & Ventures, a subsidiary of Ophir Energy, OneLNG and La Compañía Nacional De Petróleos De Guinea Ecuatorial (GEPetrol) have signed an umbrella agreement (UA) to establish the legal and fiscal framework for the Fortuna FLNG Project, Africa's first deepwater FLNG project. 

Working with Hanjin Heavy Industries (HHIC), ABS has completed a new smaller FSRU design concept. 

The LNGC ‘Sevilla Knutsen’ was believed to have struck a submerged object during a voyage from Japan to Australia on 17th April, initial reports said. 

Thursday, 27 April 2017

El Ferrol’s Mugardos liquefied natural gas terminal has received its largest LNGC to date. 

Thursday, 27 April 2017

Excess LNGC supply will reduce only gradually going forward with rate recovery pushed back to the latter part of next year, according to the latest edition of the ‘LNG Forecaster’, published by shipping consultancy Drewry. 

Two juries have selected four candidates for each of the short lists for the Nor-Shipping 2017 Energy Efficiency and Next Generation Awards. 

Indian energy concern, H-Energy Gateway Private, is to charter the FSRU ‘GDF SUEZ Cape Ann’ from ENGIE initially for five years. 

Thursday, 27 April 2017

At a meeting in Manila on 18th April, Ventis and OSM signed a joint venture agreement to provide Filipino crew to “K” Line’s LNGC fleet. 

Bangladesh state-owned Petrobangla has signed a contract with Summit LNG Terminal, a subsidiary of the Summit Group, to development Bangladesh’s second floating LNG terminal. 

Thursday, 27 April 2017

Qatar Gas Transport Company (Nakilat) suffered a 20.4% drop in earnings in the first quarter of 2017. 

Thursday, 27 April 2017

GTT (Gaztransport & Technigaz) reported revenues of almost €57 mill for the first quarter of this year, compared with €58.6 mill in 1Q16, a drop of nearly 3%. 

News Nudges

DSME to postpone LNGC deliveries

According to a South Korean stock exchange filing, Daewoo said it was close to postponing the deliveries of two LNGCs ordered by European interests. The vessels were originally due to be handed over by the end of this year.

Traders short listed for two import terminals

Bangladesh has short listed commodity traders Trafigura and Gunvor to arrange the installation of two FLNG import terminals in 2018. “Trafigura and Gunvor have been short listed out of 13 companies for two 200 mill cu ft per day LNG import terminals,” a director at state-run energy firm Petrobangla’s LNG division told Reuters. Petrobangla will hold talks with the companies and deals will then be finalised, he added. It was believed Bangladesh needs the terminals to be in place in 2018, the newswire said. Gunvor will use an FSRU barge provided by EXMAR, which will fit the shallow water conditions at Chittagong in southeastern Bangladesh where both terminals will be located, sources told Reuters.

GAIL takes LNGC for three years

Indian state-owned energy company GAIL is believed to be close to chartering a TOTAL operated, Teekay owned, LNGC. The charter was thought to be for three years and the vessel will be used to ship LNG from the US beginning January, 2018.