In this issue

 

Thursday, 10 January 2019
Russia’s atomic energy concern, ROSATOM has been appointed the country’s management authority for the NSR, which is being increasingly used by Ice Class LNGCs, plus other ships. 
The US Energy Information Association (EIA) forecasts that US LN export capacity will reach 8.9 bill cu ft per day by the end of 2019.  This will make the US…
Thursday, 20 December 2018
On 11th December, 2018 the Arc7 ’Christophe de Margerie’, owned and operated by Sovcomflot (SCF), loaded the first LNG cargo produced at Yamal LNG train 3.
Mitsui OSK Lines (MOL) has signed contracts for construction of an FSRU, the unit’s services, and financing for the Jawa 1 gas-fired project.
Thursday, 20 December 2018
Oslo-listed Awilco LNG has confirmed that it is talking with other gas carrier shipowners to establish a joint LNG shipping venture.
Thursday, 20 December 2018
Cheniere Energy’s first cargo from its Corpus Christi liquefaction facility in Texas, was shipped on the LNGC ‘Maria Energy’, chartered by Cheniere Marketing. This also marks the first export of…
Thursday, 20 December 2018
Tellurian subsidiary, Tellurian Trading UK Ltd, has signed a Memorandum of Understanding (MOU) with Vitol to supply 1.5 mill tonnes per annum of LNG from the proposed Driftwood LNG export…
Australia has overtaken Qatar to become the world’s leading LNG exporter. 
Thursday, 20 December 2018
Two LNGCs will be built under a long term charter contract with Total Gas & Power Chartering Limited (TGPCL), a subsidiary of French oil major Total. They are to be…
Thursday, 20 December 2018
Lithuanian state-owned Klaipedos Nafta has been given the go ahead to purchase an LNG storage vessel by late 2024.
Thursday, 20 December 2018
Daewoo Shipbuilding & Marine Engineering (DSME) has received an order to build two LNGCs for BW Gas.
Thursday, 20 December 2018
Venture Global LNG has awarded Kiewit the engineering, procurement, and construction (EPC) contract for the Calcasieu Pass LNG export project under development in Cameron Parish, Louisiana.
Norway’s oil major Equinor is to start talks with Tanzania on developing an LNG project based on a deepwater offshore discovery. According to a Reuters report, Tanzanian President, John Magufuli…
Thursday, 20 December 2018
Trelleborg’s marine systems operation has boosted its navigation and piloting offering with the launch of SafePilot CAT MAX, the latest addition to its SafePilot range.

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.