In this issue

 

Thursday, 18 February 2016
Chinese imports of liquefied natural gas (LNG) have fallen for the first time since they began 10 years ago, according to the US EIA report. 
The UK’s Marine Accident Investigation Branch (MAIB) is carrying out an investigation into the mooring line failure on board LNGC ‘Zarga’, while she was lying alongside South Hook LNG terminal…
Thursday, 18 February 2016
Parker Bestobell Marine recently completed a contract to supply cryogenic globe and check valves to Hoegh LNG’s five FSRUs under construction at Hyundai.
French gas membrane containment concern, GTT, has signed a co-operation agreement with Daewoo Shipbuilding & Marine Engineering (DSME) allowing for the manufacture of its new NO96 Max technology. 
Thursday, 18 February 2016
Golar LNG has agreed to sell the FSRU ‘Golar Tundra’ to Golar LNG Partners for $330 mill.
Thursday, 18 February 2016
A total of 16 new LNGCs being built in Japan for domestic owners are to be powered by Wärtsilä dual-fuel engines. 
Dynagas LNG Partners has reported an adjusted net income of $15 mill and $60.9 mill for the fourth quarter and 12 months of 2015, respectively. 
Cheniere Energy has confirmed that the first LNG export cargo from Sabine Pass will be delayed by up to two months, due to faulty wiring.
Thursday, 21 January 2016
The first LNG cargo left the Australia Pacific LNG (APLNG) Curtis Island facility near Gladstone in Queensland on 9th January.
The world’s first Arc7 icebreaking LNGC - the ’SCF Yamal’- was floated out of Daewoo’s Goeje building dock last week.
Thursday, 21 January 2016
Europe is set to be the key destination for LNG from the US, after prices fell in Asia, the world’s biggest gas consumer.
On 13th January, RasGas delivered the inaugural LNG cargo to Petronet LNG’s Dahej terminal under a new sales and purchase agreement (SPA).
Thursday, 21 January 2016
In a recent tender, Argentina’s state-run energy concern YPF selected Spain’s Gas Natural to supply the bulk of its LNG requirements through March.
An LNGC hull form optimisation project is underway in Brazil aimed at reducing emissions and saving significant amounts of fuel.

News Nudges

GTT wins another three orders

GTT has received an order from Hyundai Heavy Industries (HHI), to design the tanks for a new 174,000 cu m LNGC, contracted by Greek shipowner, Capital Gas Carriers. The company will design the tanks of the vessel, which will be fitted with the Mark III Flex membrane containment system. The ship’s delivery is planned during the third quarter of 2021. In addition, GTT received an order from Daewoo Shipbuilding & Marine Engineering (DSME) concerning the tank design of two new 174,000 cu m LNGCs on behalf of the Greek shipowner Maran Gas. The delivery of these ships is planned for the first half of 2021.


Poten announces LNG courses

This June, shipbroker and analyst, Poten & Partners is to hold two LNG training courses - LNG Trading in Singapore and LNG 101 in New York. LNG Trading – From Strategy to Practice will be held in in partnership with TwoTwoFive between 11th and 13th June and will cover - • Mechanics of LNG Trading. • LNG trading in Asia. • Simulations. • Managing LNG Complexities. • Pricing Risk Management. • Key Issues and Opportunities. LNG 101 - Energy for a Cleaner Future will be held on 27th June in partnership with the NYU School of Professional Studies Center for Global Affairs. The course will provide a robust overview of the LNG value chain from upstream development, liquefaction, shipping and regasification through to downstream market delivery. Poten said that this course is ideal for: • New financial analysts focusing on energy and commodity markets or energy infrastructure; • Legal counsels and lawyers new to the gas space and contract negotiations; • New entrants to the upstream, midstream and downstream gas markets; • New strategists, planners, and analysts at government institutions focused on energy and energy infrastructure policy.


New orders announced

Samsung Heavy Industries (SHI) has received a $190 mill order from an undisclosed interest for a 174,000 cu m LNGC, according to a recent regulatory filing. The South Korean shipbuilder is scheduled to deliver the LNGC by March, 2022 to an Oceania-based shipowner. The name of the company was not disclosed, due to confidentiality reasons, Samsung said. So far this year, SHI has won orders to build eight LNGCs and one FSRU, which totalled a combined $2.6 bill of orders. Elsewhere, Daewoo Shipbuilding & Marine Engineering (DSME) confirmed this week that it had received an order to build a LNGC for an Oceania region owner. The LNGC will be built at Okpo and will be delivered by the second half of 2021, the company said in a statement. On 14th May, Mitsubishi Shipbuilding held a christening ceremony for another Sayaringo STaGE type LNGC, ‘'Bushu Maru’, being built for a joint venture between JERA and NYK.


Flex LNG files US SEC registration

FLEX LNG has publicly filed a registration statement on Form 20-F with the US Securities and Exchange Commission (SEC). This relates to the proposed listing of its ordinary shares on the New York Stock Exchange (NYSE). No new securities will be issued in connection with the listing, which is expected to commence after the SEC completes its review process. Following the listing, the company’s ordinary shares will be listed for trading on both the NYSE and the Oslo Stock Exchange.