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In this issue


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.
Thursday, 12 November 2015
In a review of the third quarter 2015 results, Exmar said that the LNG fleet contributed $9 mill to the operating result (EBIT) during 3Q15, compared to $8.5 mill for…
Thursday, 12 November 2015
The joint venture group FSP LNG is taking its flat panel semi-membrane prismatic Type B containment system through general design approval (GDA) with ABS and forecast that the construction of…
Shipping, logistics and marine services provider GAC Group has highlighted the growing importance for LNG shipowners and operators of working with ship agents with specialist expertise and capabilities.
Thursday, 12 November 2015
GTT has launched LNG Advisor - a new boil-off gas (BOG) monitoring system to be used on LNGCs while at sea.
Korea Gas Corp (KOGAS) said it received its first cargo containing 60,000 tonnes of LNG, from the GLNG project in Gladstone.
Thursday, 12 November 2015
CSSC Wärtsilä Engine (Shanghai) (CWEC) held a ground breaking ceremony for its new engine factory on 28th October.
Danish security concern Risk Intelligence has launched PortRisk, a service providing intelligence on risk in ports available on demand.
In what could be a boost for Asian LNGC trading, Singapore-based Pavilion Energy has signed a 10-year sales & purchase agreement to buy LNG from a Gazprom subsidiary.
Thursday, 12 November 2015
Golar LNG has won a firm contract to provide West African Gas (WAGL) with an FSRU to support Ghana’s LNG import operations.

News Nudges

KBR gets Plaquemines EPC contract

Venture Global LNG has awarded KBR the engineering, procurement and construction (EPC) contract as lead contractor for Phase 1 of the Plaquemines LNG export project. KBR will integrate modularised, owner-furnished equipment for the 10 mill tonnes per annum nameplate facility, identical to the systems being delivered and installed at Venture Global LNG's Calcasieu Pass project. Plaquemines has received all the required regulatory approvals and has already signed binding 20-year offtake agreements with PGNiG (2.5 mill tonnes per annum) and EDF (1 mill tonnes).

Zvezda cuts steel for first LNGC

On 20th November, 2020, a steel cutting ceremony took place for the first of 15 icebreaking LNGCs. These were ordered by SCF Group from Zvezda Shipbuilding Complex to serve the Arctic LNG 2 project. Shipbuilding, financing, lease, and timecharter contracts were signed by SCF, NOVATEK, Zvezda and VEB.RF Group last year. The first of the new Arc7s is scheduled for delivery in the first quarter of 2023. In total, SCF was involved with the ordering of 15 vessels in this series - the lead LNGC was ordered directly by SCF, while the other 14 vessels were ordered by SMART LNG, a joint venture between SCF and NOVATEK. Their construction is being supervised by the Russian Maritime Register of Shipping.

Great Lakes to dredge Brownsville ship channel

NextDecade Corp has contracted Great Lakes Dredge & Dock Corp (Great Lakes) to perform essential improvements to the Brownsville Ship Channel. These improvements, which include deepening the Channel, will enhance commercial navigation into and out of the Port of Brownsville, to help ensure the safe and reliable access of LNGCs to NextDecade’s Rio Grande LNG facility and optimising the ability of shallower draft traffic to pass LNGCs in either direction in accordance with US Coast Guard guidelines. NextDecade, in co-ordination with the Port of Brownsville, has completed the permitting process for the project activities within the scope of the Dredge and Disposal Construction Agreement (DDCA).

Delfin snaps up Spieler

Experienced shipping veteran, Oscar Spieler, has joined Delfin Midstream as Executive Chairman. Spieler has had spells as CEO of Golar LNG, Frontline and Sea Production, and as Chairman of Quantafuel. While at Golar, he successfully led the development and execution of the first FLNG, delivering FLNG ‘Hilli Episeyo’ under budget and putting her into commercial operation. Delfin recently announced the completion of a FEED for a newbuilding FLNG.

Ship deliveries

Capital Gas has taken delivery of the newbuilding LNGC ‘Aristos I’, from Hyundai Heavy Industries. With cargo capacity of 174,000 cu m, the vessel is powered by X-DF engines and equipped with an air lubrication system and increased filling limits (more than 99%). She is the first of seven sisterships to be delivered between 2020-2023 and has been chartered to BP Shipping for a period up to 12 years. Elsewhere, the first of 12 Very Large Ethane Carriers (VLECs) being built to ABS Class with an LNG Cargo Ready notation has been delivered to Zhejiang Satellite Petrochemical (STL) by Samsung Heavy Industries (SHI). ABS’ notation provides assurance that the VLEC can be upgraded to trade LNG cargoes in the future. The ’Seri Everest’, the largest VLEC built thus far with more than 98,000 cu m capacity, is the first of a phase-one order by STL, which was subsequently sold to MISC Berhad (MISC). A second phase of the order includes six vessels, bringing the total to 12, scheduled to operate from the US to China to support STL’s ethane cracker facility in Jiangsu province. In the charter market, it has been reported that Awilco’s LNGC ‘WilForce’ has been chartered at $80,000 per day.

Nakilat fleet management transition second phase

Nakilat has completed the second phase of its fleet management transition from Shell International Trading and Shipping Co. This involved seven LNGCs transitioned to its in-house technical and operational management. The Q-Max LNGC 'Lijmiliya' became the seventh and final vessel to transition from Shell to Nakilat Shipping Qatar Limited (NSQL). The first phase involved 10 LNGCs and began in late 2016 and was completed in August, 2017. Shell will continue to manage eight LNGCs for Nakilat until the final phase of transition.

Gorgon’s Train 2 back online

Chevron’s Gorgon LNG Train 2’s production has restarted following welding issues discovered earlier this year. Train 2 went offline for scheduled maintenance on 23rd May and weld quality issues were subsequently found in heat exchangers in July. "Insights gained from Train 2 repairs will contribute to more efficient inspections and potential repairs on Trains 1 and 3," a company spokesman said in an email to S&P Global Platts. Inspections and potential work will take place on Train 1 and then on Train 3, Chevron said. Meanwhile, Santos plans to shut one of its production trains at its Gladstone Liquefied Natural Gas (GLNG) project in January. According to a notice posted on the AEMO website, one train will be offline between 2nd and 7th January for scheduled maintenance. The plant’s two production trains have combined nameplate capacity of 7.8 mill tonnes per annum on Curtis Island.

SHI wins order for block materials

Samsung Heavy Industries (SHI) has won a contract worth $2.5 bill to supply block materials to a client in the Eurasian region. This marked the shipbuilder's largest single ship contract, the company said in a filing. Details were not disclosed, but SHI had joined Zvezda in the design of the new Arc7s to be built at the Russian shipyard. In the filing, SHI said that the contract period is valid until December, 2025. SHI also said that it expected to win additional orders related to large-scale LNG projects, such as Mozambique and Qatar, plus other ship types.