In this issue

 

A US congressman and senator have opened up the debate on US flagged LNGCs being used to export domestic LNG.
Thursday, 04 April 2019
JERA and EDF Trading Limited (EDFT) have completed the merger of their LNG optimisation and trading activities. 
Free ReadBelgian LNG and LPG owner Exmar reported a loss of $16.1 mill for 2018, compared with a loss of $28 mill for the previous year. EBITDA was $27.5 mill, compared…
Thursday, 04 April 2019
Dynagas LNG Partners reported a fourth quarter 2018 net loss and loss per common unit of $0.9 mill and $0.10 mill, respectively.
Thursday, 04 April 2019
Hudong-Zhonghua Shipyard and Classification society DNV GL have signed a joint development project (JDP) agreement for a new 270,000 cu m LNGC – the largest ship of this type.
Thursday, 04 April 2019
Nakilat has established a new joint venture, ‘Global Shipping Co Ltd’, with Maran Ventures.
Thursday, 04 April 2019
Free ReadThere were several long term charters and only one order reported recently. For example, Samsung has confirmed an order from Nisshin Shipping for an 180,000 cu m LNGC. The price…
Teekay LNG Partners recently signed a full fleet partnership with the New York-based startup, Nautilus Labs, aimed at enhancing the efficiency of its LNGCs.
Thursday, 04 April 2019
Nakilat-Keppel Offshore & Marine (N-KOM) has successfully completed its first FSRU project.
Thursday, 04 April 2019
Free ReadThe 2009-built Shipping Corp of India (SCI) managed LNGC ‘Aseem’ was still anchored off Fujairah on 2nd April with collision damage, according to Marine Traffic. The LNGC allegedly struck the…
Since the New Panama Canal has been in operation, Nakilat’s LPG vessels have transited through the Canal 16 times, while the joint venture conventional LNGCs have completed 38 transits.
Since its launch in March, 2018 the Port Kembla Gas project has made significant progress and is in the last stage of preparation for the final investment decision (FID). 
Taiwanese state-owned utility Taiwan Power Co (Taipower) expects to import LNG by 2023. 
Thursday, 21 March 2019
Free ReadTexas LNG’s proposed Brownsville LNG export terminal took a step towards receiving US federal approval for construction last week after the energy regulator prepared a final environmental report (EIS).  The…

News Nudges

GTT to fit Maran Gas quartet

Last Month, GTT received an order from Daewoo Shipbuilding & Marine Engineering (DSME) concerning the tank design for four new 174,000 cu m LNGCs on behalf of Maran Gas. The delivery of the ships is planned between the end of 2021 and early 2022.


Awilco confirms charter

Awilco LNG has confirmed that the 2013-built 156,000 cu m TFDE ‘WilPride’ has been inspected and accepted by an undisclosed charterer and was due to be delivered on or about 10th July, 2019. The eight month timecharter is estimated to contribute an annualised EBITDA of about $23 mill during the period, the company said.


MOL names another MOSS type LNGC

Mitsui OSK Lines. (MOL) has named a newbuilding LNGC ordered by Trans Pacific Shipping 8 Ltd, a 50:50 joint venture between MOL and JERA, at the Sakaide Works of Kawasaki Heavy Industries. She was named ‘Sohshu Maru’ and is fitted with a DFDE propulsion system. The MOSS type 177,000 cu m LNGC will transport natural gas purchased by JERA from the US Freeport LNG project, plus other suppliers.


Landbridge to develop Rizhao LNG terminal

Shandong Landbridge Group is to build an LNG receiving terminal at Landbrige Port in Rizhao in conjunction with the Beijing Energy Group. Under the agreement, the two parties will invest RMB6.7 bill (about $973 mill) to construct the terminal, which will have a design capacity to handle 5 mill tonnes of LNG per year. In addition, the two companies said that they plan to jointly develop overseas energy projects.


FERC updates

The US Federal Energy Regulatory Commission (FERC) has prepared a draft environmental impact statement (EIS) on the construction and operation of the Alaska LNG Project.The project was proposed by the Alaska Gasline Development Corp (AGDC) to commercialise the natural gas resources of Alaska’s North Slope, by converting the existing natural gas supply to LNG for export and also provide gas for users within the State of Alaska. The draft EIS comment period closes on 3rd October, 2019. FERC has also said that it intends to prepare a supplementary environmental review for the proposed expansion of production capacity at Magnolia LNG facility in Lake Charles.