In this issue

 

Thursday, 02 May 2019
Mitsui OSK Lines (MOL) held a naming ceremony for two newbuilding LNGCs at Japan Marine United Corp’s (JMU) Tsu shipyard on 24th April.
Thursday, 02 May 2019
The US Federal Energy Regulatory Commission (FERC) has issued several statements recently on the state of play of various projects.
It has been widely reported that Venture Global has plans for a third LNG export project to be located on the US Gulf Coast. 
Free ReadKeppel Shipyard has received the Final Notice to Proceed (FNTP) from Gimi MS Corp, a subsidiary of Golar LNG Limited, to commence the full conversion work for the Gimi FLNG…
GasLog Partners has reported first quarter 2019 IFRS and Partnership performance results for revenues, profit, adjusted profit and EBITDA of $86.3 mill, $20.4 mill, $27 mill and $62.9 mill, respectively. 
Nakilat has announced a net profit of QR236 mill for the first quarter of this year, compared to QR217 mill in the same period last year - an increase of…
Free ReadFlex LNG has agreed a sale and charter back deal with Hyundai Glovis for the LNGCs ‘Flex Endeavour’ and ‘Flex Enterprise’. Under the terms of the deal, Flex LNG will…
Thursday, 02 May 2019
LNG and LPG owner and operator, EXMAR has reported first quarter 2019 EBITDA, as per the proportionate consolidation method, of $13.6 mill, compared with $41.5 mill for 1Q18, which included…
On 24th April, US Deputy Secretary of Energy, Dan Brouillette met with Brownsville, Texas port officials to sign a channel deepening project to allow large LNGCs access to a proposed…
Free ReadJohor Port Berhad, a member of MMC Group, has signed a marine services agreement with PETRONAS LNG Ltd (PLL). This agreement is aimed at providing marine services and an attractive…
Babcock International has added the patent pending ecoETHN, an ethane boil off gas (BOG) reliquefaction technology, to its portfolio.
Signum Technology subsidiary, KLAW LNG, has unveiled a new element to its hose transfer system - CryoCL.
Alfa Laval has introduced the DuroShell plate-and-shell heat exchanger.
Free ReadThree US Senators and a Representative have reintroduced an act in an attempt to remove perceived barriers placed on US natural gas exporters.  The License Natural Gas (LNG) Now Act,…

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.