LNG

Singapore LNG Corporation (SLNG) is pressing ahead with a second LNG import terminal. Over 95% of Singapore's electricity generation is fuelled by imported LNG, hence Singapore’s trade & industry ministry supports SLNG’s drive to get a second FSRU into operations by the early 2030s.

Japan’s Mitsui O.S.K. Lines has signed new supply agreements to expand the use of bio-LNG fuel on MOL-operated LNG-fuelled car carriers. Titan, part of Molgas, will supply bio-LNG fuel in Northwest Europe, while Axpo will take charge of supply in the Mediterranean region, where new agreement enables bio-LNG bunkering at Spanish ports including Malaga and Barcelona.

GAIL India and Mitsui O.S.K Lines (MOL) have signed a 10-year time charter for the LNG carrier GAIL Bhuwan in a move expected to expand India’s LNG shipping capacity, improve import logistics and support the country’s growing gas demand.

French major TotalEnergies and liquefied natural gas bunkering partner Mitsui OSK Lines of Japan said their first France-based LNG re-fuelling vessel built in China has completed sea and gas trials.

Mitsui OSK Lines, with an operating fleet of almost 100 liquefied natural gas carriers, held its annual general meeting at the Shinagawa Intercity Hall in Tokyo on June 23, though few shareholders attended and social-distancing was in place as the company pledged to further develop LNG-powered vessels and bunkering.

Sembcorp Marine, the Singapore shipbuilding and repair yard owner, said its business has been substantially affected by Covid-19 slowing work on ships and platforms, including at yards building LNG vessels for bunkering, imports and floating power projects, while the oil price slump has hit orders.

Mitsui Osk Lines, the Japanese shipping company led by President and Chief Executive Junichiro Ikeda and with an operating fleet of almost 100 liquefied natural gas carriers, has set out its future goals after a past year of LNG successes.

French energy major Total and Japanese shipping company Mitsui Osk Lines have signed a long-term charter contract for a second large LNG bunkering vessel to be delivered from China in 2021 and deployed in the Mediterranean

Sept 25 (LNGJ) - Japanese shipping company Mitsui OSK Lines said it attended a naming ceremony at Hudong-Zhonghua Shipbuilding in China for a newbuild liquefied natural gas carrier jointly ordered with China Cosco Shipping Corp. to serve the Yamal LNG plant in Russia. MOL said that the 174,000 cubic metres capacity vessel was named “LNG Dubhe” after a star in the constellation Ursa Major and is the first of four newbuilds ordered in 2017 for the Yamal LNG project.

   MOL and its partners also delivered three ice-breaking LNG carriers to the Russian project between 2018 and early 2019, which are currently engaged in cargo transportation in the Northern Sea Route. “For the time being, ‘LNG Dubue’ will be engaged in the transport of the LNG from trans-shipment terminals in Europe or a location where ship-to-ship transfer operations are carried out,” added MOL.

Mitsui OSK Lines (MOL) is to more than double its fleet of FSRUs to take advantage of a construction boom for gas-fired power stations in developing regions, such as in Southeast Asia.