LNG

Abu Dhabi-based LNGC owner and manager, National Gas Shipping Co (NGSCO) and sister company Abu Dhabi National Tanker Co (ADNATKO), the shipping arms of Abu Dhabi National Oil Co (ADNOC), have signed an MOU with Marorka, to supply and install ship performance monitoring systems on their respective fleets.

EXMAR has confirmed that it has entered into a binding Term Sheet with Swan Energy (Swan) for the joint development and operation of the Jafrabad LNG Port project, to be located in Gujarat State, India.

The first LNG cargo bound for the new receiving terminal at Świnoujście in Poland has left Ras Laffan in the Q-Flex ‘Al Nuaman’.

Nanjing Tanker, jointly owned by Sinotrans and China Shipping Corp (CSC) has reportedly signed an agreement with China Huadian Green Energy Co, a subsidiary of state run energy group Huadian Corp, to jointly develop LNG as a business.

The Pakistan State Oil Co (PSO) has launched two tenders to buy 120 LNG cargoes over five years, following earlier purchases from Egypt and Jordan this year.

Moscow-based shipping concern, Sovcomflot (SCF), reported that its gas shipping division saw an increase of 67.5% in its timecharter equivalent (TCE) results during the first nine months of this year.

Daewoo (DSME) has completed the impact testing for the world’s first ice breaking LNGC.

British Columbia’s (BC) Nanaimo Port Authority is to develop a new navigation system programme.

On 10th November, Mitsui OSK Lines (MOL) held a naming ceremony for the newbuilding LNGC ‘LNG Jurojin’, which is co-owned by MOL and Kansai Electric Power (KEPCO), at the Nagasaki Shipyard of Mitsubishi Heavy Industries (MHI).

On 10th November, Alexey Miller, Gazprom Management Committee chairman and Nizar Al-Adsani, Chief Executive Officer and Deputy Chairman of Kuwait Petroleum Corp (KPC) signed a Memorandum of Understanding outlining the main areas of potential partnership between the two companies in LNG, LPG and other petroleum products, as well as in sci-tech co-operation and investments.