In this issue

 

French membrane containment specialist GTT has reached a settlement with French yard Chantiers de l’Atlantique, bringing to an end a 10-year lawsuit between the two sides.
Law firm Norton Rose Fulbright acted as adviser to China Merchants Bank Financial Leasing on a $540 mill structured sale and leaseback financing involving the two LNG floating storage regasification…
Thursday, 10 December 2015
The LNGreen project won an Innovation Award from CWC at the 16th annual World LNG summit, which place in Rome from 1st to 4th December.
GE Marine and Dalian Shipbuilding Industry Company (DSIC) have received an updated Lloyd’s Register (LR) Approval in Principle (AiP) for their jointly developed gas turbine-powered LNGC design.
Thursday, 10 December 2015
A comprehensive range of Wärtsilä systems has been ordered for a new type of LNGC being built for Singapore based Saga LNG Shipping.
Software provider Veson Nautical’s Veslink software solution is now available as a standalone platform.
Kawasaki Kisen Kaisha (“K” Line) held a naming ceremony for the newly-built LNGC ‘Bishu Maru’.
Winterthur Gas & Diesel (WinGD) is to supply two 5-cylinder, 72 cm bore Wärtsilä dual-fuel engines 5X72DF from the WinGD X-DF series to power a new membrane LNGC.
Thursday, 10 December 2015
Fosmax LNG has started to offer transhipment services at the Fos Cavaou LNG terminal, located in Fos Bay, near Marseille.
Thursday, 10 December 2015
Hyundai Heavy Industries is seeking a new Indian partner to replace L&T to enable the builder to bid to build LNGCs for GAIL India, according to reports in the Indian…
Abu Dhabi-based LNGC owner and manager, National Gas Shipping Co (NGSCO) and sister company Abu Dhabi National Tanker Co (ADNATKO), the shipping arms of Abu Dhabi National Oil Co (ADNOC),…
EXMAR has confirmed that it has entered into a binding Term Sheet with Swan Energy (Swan) for the joint development and operation of the Jafrabad LNG Port project, to be…
Wednesday, 25 November 2015
The first LNG cargo bound for the new receiving terminal at Świnoujście in Poland has left Ras Laffan in the Q-Flex ‘Al Nuaman’.
Wednesday, 25 November 2015
Nanjing Tanker, jointly owned by Sinotrans and China Shipping Corp (CSC) has reportedly signed an agreement with China Huadian Green Energy Co, a subsidiary of state run energy group Huadian…

News Nudges

GTT receives another two orders

At the end of September, GTT received two orders from Samsung Heavy Industries (SHI) and Hyundai Samho Heavy Industries (HSHI) for the tank design of two LNGCs. Each vessel will have a capacity of 174,000 cu m. GTT will design their tanks, which will be fitted with the Mark III Flex membrane containment system. The SHI LNGC will be built for NYK and will be delivered during the third quarter of 2021. The HSHI LNGC will be built for an undisclosed Asian shipowner. The vessel’s delivery is scheduled for the end of the fourth quarter of 2021.


DSME wins two LNGC contracts

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) said in a stock exchange filing that it had received a contract to build two LNGCs for unidentified US interests. According to the filing, the order is worth KRW446.5 bill ($376.8 mill). Brokers have reported that BW Gas is behind the order and that they are options declared. Scheduled to be delivered by September, 2022, each LNGC will have a capacity of 174,000 cu m. DSME said that the vessels would feature MAN B&W ME-GI dual-fuel, 2-stroke, gas-injection engines and in-house full re-liquefaction systems (FRS).


Cheniere takes LNGC for period business

Brokers have reported that Cheniere has chartered the 160,000 cu m LNGC ‘Yari LNG’ for 12 months at $69,900 per day.


Record Panama LNGC transits

The Panama Canal has closed the 2019 fiscal year (FY19) with a record tonnage of 469 mill Panama Canal tons (PC/UMS), a 6.2% increase compared to FY18. The waterway also exceeds the 450.7 mill PC/UMS tons projection for FY19, as well as the record tonnage of 442 mill PC/UMS tons registered in the previous fiscal year. During FY19, transits for the LNG and LPG segments rose by 37.6 and 6.9%, respectively, representing the largest gain across all segments. In terms of tonnage, LNGCs accounted for 43 mill PC/UMS tons.


PETRONAS conducts third LNG STS transfer

PETRONAS LNG recently completed its third LNG delivery via a ship-to-ship (STS) transfer. It took place in Brunei Bay, Sabah, Malaysia. The delivering vessel, ‘Seri Bijaksana’, transferred 80,000 cu m of LNG to ‘Polar Spirit’ and 62,000 cu m to ‘Lerici’. The two ships then delivered the two cargoes to Chinese receiving terminals. The 1993-built ‘Polar Spirit’ is operated by Teekay LNG Partners and the 1998-built ‘Lerici’ by MISC, according to VesselsValue. PETRONAS completed its first LNG STS operation in June, 2018, and the second in April, this year.


First Gen plans FSRU

It has been reported that First Gen is considering leasing an FSRU to regas LNG imports, which can yield savings on feed gas costs. The power supplier has fixed gas supply contracts with the consortium behind the sole producing gas field in the Philippines.


Delta LNG port proposal

The US Maritime Administration (MARAD) has issued a notice stating that a public meeting concerning the proposed West Delta LNG deepwater port (DWP) license application will be held in Belle Chasse, Louisiana on 29th October. Written comments must be submitted by 6th November.


OLT launches consultation process

It is now possible to consult OLT Offshore LNG Toscana’s website (www.oltoffshore.it) on the proposal to amend the Regasification Code, previously approved by ARERA. The modifications include the clarifications published during the Gas Year 2018/2019 on OLT’s website and also the greater flexibility for terminal users’ related to the allocation of capacity procedures. Comments on the Regasification Code must be sent by 19th November, 2019.