In this issue

 

Wednesday, 25 November 2015
Samsung Heavy Industries (SHI) held a keel laying ceremony for Petronas’ second floating liquefaction plant, ‘Petronas Floating LNG2’ (PFLNG2), in Geoje Island, South Korea on 28th October.
Transas has installed a fifth simulator for high-level Dunkirk pilot training.
In a boost to Australian gas loading volumes, BG Group announced this week that commercial operations began from a second train at its Queensland Curtis LNG (QCLNG) plant.
Cryogenic valve specialist, Parker Bestobell Marine, has launched a compact version of its float isolation valve (FLIV).
Iran has reportedly signed preliminary agreements with South Korean, German and Chinese shipbuilders to build LNGCs.
Thursday, 12 November 2015
LNGC freight rates are under pressure from weak Asian demand and a growing fleet.
Thursday, 12 November 2015
Daewoo Shipbuilding & Marine Engineering (DSME) said that it expected demand for LNGC newbuildings to return next year.
Cheniere Energy's Sabine Pass LNG export facility in Louisiana is due to welcome its first vessel on 12th January, next year.
Newcomer Saga LNG Shipping has signed a contract with China Merchants Heavy Industry to build a 45,000 cu m LNGC, plus an option for another. The vessel will be fitted…
Thursday, 12 November 2015
Houston-based class society ABS has granted Approval in Principle (AIP) to Troy, Mich, based Altair for its Cubic Donut Tank System (CDTS) LNG containment concept.
Dynagas LNG Partners LP has reported net income for the three and nine months ended 30th September, 2015 of $16 mill and $45.2 mill, respectively, an increase of 14.6% and…
GasLog Partners LP reported an EBIDTA of $37.25 mill and an adjusted EBITDA of $37.31 mill for the third quarter of this year, compared with $23.5 mill in 2Q15.
During the third quarter of 2015, Teekay LNG Partners generated distributable cash flow of $61.1 mill, compared to $64.2 mill in 3Q14.
Thursday, 12 November 2015
Eniram has released Eniram Engine, a new software tool to help guide triple-fuel diesel-electric (TFDE) LNGC engineers and officers use engines and fuel most efficiently.

News Nudges

Gunvor takes ‘Marshal Vasilevskiy’

It has been reported that Gunvor had chartered the ‘Marshal Vasilevskiy’ from Gazprom to load a gas cargo in the US. According to Refinitiv Eikon data, the dual-purpose FSRU and LNGC left Rotterdam on 4th November and is due to arrive at the Sabine Pass LNG terminal on 26th November, loading three days later. The cargo’s destination is thus far unknown. Previously, between August and November, she was chartered to Austrian company OMV and prior to that, was moored near Kaliningrad as an FSRU to offset any potential disruption to gas pipeline flows via Belarus to the area.


New Chinese receiving terminal planned

Suntien Green Energy plans to build an LNG receiving terminal in northern China have been granted state approval. The company is a Chinese wind power producer and piped gas distributor backed by the Hebei provincial government. It plans to make an initial investment of $1.15 bill in a first-stage receiving terminal, capable of handling 5 mill tonnes per annum of LNG by the end of 2022. Eventually, the terminal’s capacity will be increased to 12 mill tonnes per year. The terminal will reportedly be comprised of eight storage tanks giving 200,000 cu m capacity, and a berth suitable for LNGCs with capacities from 80,000 to 266,000 cu m. Suntien claimed that it will finance the project with its own capital, supplemented with loans from financial institutions.


Perusahaan Gas Negara signs Sinopec LNG supply deal

Indonesia’s gas distribution company, PT Perusahaan Gas Negara (PGN), is to sell LNG to China’s Sinopec next year. Sinopec required shipments of at least six LNG cargoes in 2020, PGN Director Syahrial Mukhtar told Reuters. The first shipment is expected in early January. PGN expects to source the LNG from both domestic gas fields and overseas, including from parent company’s PT Pertamina’s gas fields, it said.


Poland to charter LNGCs next year

Poland’s state-owned oil & gas company PGNiG is believed to be close to signing agreements with two or more shipping lines for the staggered charters on about six LNGCs. These vessels will ship LNG contracted on a free-on-board (FOB) basis from Sempra Energy’s Port Arthur and Venture Global LNG’s Calcasieu and Plaquemines projects.


‘LNG Dubhe’ on her way to Europe

The first of four conventional LNGCs ordered for the Yamal LNG project was delivered earlier this month. Ordered by MOL and China COSCO Shipping Corp , the ‘LNG Dubhe’ was handed over by Hudong-Zhonghua Shipbuilding. She was due to arrive at Singapore on 13th November, according to VesselFinder. Initially, ‘LNG Dubhe’ will ship Yamal LNG from European transhipment terminals or at a ship-to-ship cargo transfer location.