In this issue

 

Thursday, 17 August 2017

Sovcomflot’s ice-class LNGC ‘Christophe de Margerie’ was due to arrive at South Korea’s Boryeong LNG terminal on 15th August.

Cheniere Energy Inc has reported a net loss of $285 mill, or $1.23 per share (basic and diluted), for the three months ended 30th June, 2017, compared to a net loss of $298 mill, or $1.31 per share (basic and diluted), for the comparable 2016 period.

Thursday, 17 August 2017

Teekay LNG Partners reported a GAAP net loss attributable to the partners and preferred unitholders of Teekay LNG Partners reported a GAAP net loss attributable to the partners and preferred unitholders of $16.1 mill for the second quarter of this year, compared to a profit of $43.1 mill in the same period of 2016.

Thursday, 17 August 2017

Wison Offshore & Marine (Wison) has received Approval in Principle (AiP) from Bureau Veritas (BV) for its newly-developed large-scale FLNG storage and regasification terminal.

Thursday, 17 August 2017

Norsafe has secured its largest offshore contract to supply lifesaving appliances (LSAs) to ENI’s Coral South floating LNG (FLNG) facility located in Area 4, about Norsafe has secured its largest offshore contract to supply lifesaving appliances (LSAs) to ENI’s Coral South floating LNG (FLNG) facility located in Area 4, about 50 km from the Mozambique coast.

Thursday, 17 August 2017

The Shapoorji Pallonji Group has submitted a bid to build an LNG regasification terminal at Mumbai Port Trust.

Few deliveries have been more complex than those for the Yamal LNG project, in which the first new Arctic Ice Class vessel completed its trials and is now due in South Korea with its first commercial cargo.

Despite falling FSRU freight rates, investment returns at current asset prices and charter rates are higher, compared with standard LNGCs, according to the latest edition of ‘LNG Forecaster’, published by shipping consultancy Drewry.

Thursday, 03 August 2017

Korea Gas Corp (KOGAS) has teamed up with South Korean shipping companies to co-operate on FSRU development.

Thursday, 03 August 2017

The FLNG ‘Prelude’ arrived in Australian waters on 25th July.

Thursday, 03 August 2017

Malaysia’s MISC Berhad (MISC) has taken delivery of ‘Seri Cempaka’, the third in a series of five 150,200 cu m Moss-type Seri-C class LNGCs.

Petroliam Nasional Bhd (Petronas) has delivered its first LNG cargo to Thailand under a long-term sale and purchase agreement (SPA).

Bangladesh has extended a tender deadline for expressions of interest in spot LNG cargoes to 17th August from the end of July.

During the second quarter of this year, there was continued momentum in the start-up of new LNG liquefaction capacity with the fourth train at Sabine Pass commencing commercial production.

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.