LNG

Sept 8 (LNGJ) - Gastech, the conventions company owned by the UK’s DMG, said the next Gastech energy conference and exhibition would take place in 2024 in Houston, Texas. Gastech was formerly focused on the natural gas industry, though the latest Gastech 2023 event in Singapore showed it had now branched out into multiple other areas.

   “We are hugely excited to look ahead to next year, to another continent,” said Simon Ford, Vice President of Gastech events. “I am delighted to officially announce that the next host city for Gastech 2024 will be Houston. We couldn’t think of a better location to be taking Gastech, to the energy capital of the world,” Ford added.

The Korean Register, the classification society of the Republic of Korea, has awarded an Approval in Principle (AIP) for an LNG dual-fuel Very Large Gas Carrier (VLGC) jointly developed by KR and South Korean shipbuilder HD Hyundai Heavy Industries.

The award was made at the five-day Gastech energy conference and exhibition in the Asian city state of Singapore.

“Currently, the global maritime industry is grappling with the development of various counter-measures to meet strengthening greenhouse-gas regulations and there is more market interest in eco-friendly ships fueled with LNG in particular,” said KR.

The newly approved LNG dual-fuel VLGC, which has been developed in response to market needs, utilizes both marine gas oil (MGO) and LNG as fuel and incorporates two LNG fuel tanks positioned on both sides of the open deck.

HHI executed the ship’s basic design, established the layout of fuel supply pipes and the gas detection system and designed the LNG fuel tank using their technical expertise.

Verified

KR verified the safety, suitability and the regulatory compliance of the design by reviewing national and international regulations, leading to the issuance of the AIP for the LNG dual-fuel VLGC.

“KR has been focusing on the development of eco-friendly technologies relevant to LNG for several years because LNG is considered a major alternative that can meet the international regulations,” said Kim Yeontae, Executive Vice President of KR’s Technical Division.

“We will further enhance our customer support to respond to decarbonization, based on our experience and technologies acquired from joint development projects with shipyards,” Kim added.

Jeon Seungho, HHI’s Senior Executive Vice President and Chief Technical Officer, said he was delighted with the award.

“HHI has been working to develop eco-friendly fuel propulsion ships such as LNG using our accumulated design technologies, and we are pleased to demonstrate our technical expertise with this AIP,” Jeon explained.

Order book

“We will continue to make technological innovations for the development of eco-friendly ships,” he stated.

HHI is one of the world’s leading builder of LNG carriers as well as LNG-powered vessels at its Ulsan shipyard.

The advanced facilities give the Korean company a 10 percent share of the global market. The main HHI yard stretches over 4 kilometres along the coast and has 10 large-scale drydocks with nine huge “Goliath Cranes”.

Sept 7 (LNG) - A hand-over ceremony has been held at the natural gas and LNG conference and exhibition, Gastech 2022 in Milan, to celebrate the award to Singapore of the Gastech 2023 event, which is scheduled to take place in the Asian city state from September 11 to September 14, 2023.

   Senior representatives of the two host cities of Milan and Singapore Luca Palermo, Chief Executive of the Fiera Milano Group, Lee Pak Sing, Assistant CEO of Enterprise Singapore, and Poh Chi Chuan, Executive Director of Exhibitions and Conferences for the Singapore Tourism Board, spoke at the Milan event.

Executives from the leading LNG companies in North America and India took centre stage at the Gastech Virtual Summit on the key issues facing the natural gas industry, with Sempra LNG saying the energy transition was already happening in California and gave an estimate of natural gas needed in LNG terms to back up renewables.