LNG Archives — City Business News

March 29, 2024 No Responses

Firm Begins Construction Of 295-Meter LNG Carrier

Chinese shipbuilder, Hudong-Zhonghua Shipbuilding has started the construction of what is said to be the first single-class large LNG carrier of China Classification Society (CCS). The steel-cutting ceremony for the 174,000 m3 LNG carrier H1909A of PetroChina ...

March 16, 2024 No Responses

Floating LNG Project: UTM Solicits NCDMB’s Equity Investment, Approvals

UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project and to accelerate key approvals that would fast-trac...

February 29, 2024 No Responses

NLNG Seeks Enhanced Digitalisation In The Nigerian Energy Sector

Nigeria LNG Limited (NLNG) has called on players in the Nigerian energy industry to draw insights from NLNG’s ongoing integration of digital technologies to improve operational efficiency, reduce emissions, increase revenue and remain competitive as it d...

February 27, 2024 No Responses

Firm Gets $1.08b Contract For LNG Carriers

South Korean shipbuilding heavyweight, HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured an order for the construction of four LNG carriers worth $1.08 billion. .The four LNG carriers have been ordered by an unnamed shipping company f...

February 7, 2024 No Responses

Samsung Gets $3.4b Contract For 15 LNG Carriers

South Korean shipbuilding major, Samsung Heavy Industries (SHI) has secured a contract to construct fifteen liquefied natural gas (LNG) carriers. The contract, worth $3.44 billion, is the largest single deal received by the shipbuilder, exceeding the...

January 25, 2024 No Responses

Lekki Seaport To Receive First LNG-Powered Boxship January 28

CMA CGM Scandola, the first LNG-powered containership of the French shipping company, CMA CGM is scheduled to arrive Lekki Seaport, Lagos, Nigeria, January 28, 2024. Before reaching Lekki, the vessel is scheduled to first call the port of Tema, Ghana...

January 21, 2024 No Responses

BYD Takes Delivery Of First Car Carrier

BYD, a China-based electric vehicle (EV) manufacturer that overtook Tesla as the world’s biggest EV seller in 2023, has taken delivery of its first car carrier which is dual-fueled. The maiden voyage ceremony for BYD Explorer No.1, the 7,000 CEU...

January 5, 2024 No Responses

LNG Firm Seals Charter Deals

UK-based small-scale LNG company, Avenir LNG has executed time charter agreements for LNG bunkering vessels Avenir Advantage and Avenir Accolade. Under the arrangement, Future Horizon, a joint venture between Avenir and MISC, signed a new two-year time charter...

December 12, 2023 No Responses

NNPC, Firm Seal Floating LNG Project Deal

Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine (WOM), has entered into a memorandum of understanding (MoU) with Nigeria National Petroleum Corporation Limited (NNPCL) for the development of a floating LNG project in Nigeria, target...

December 7, 2023 No Responses

NNPC Seals MoU On Ajaokuta LNG Project, Others

In its efforts to further boost natural gas utilization in the country and enhance Nigeria’s gas revenue, NNPC Ltd has signed two major agreements to deliver LNG to the domestic gas market and the international LNG market. During two separate...

November 19, 2023 No Responses

Firm Gets $530m Contract For Two LNG Carriers

South Korean shipbuilding giant, HD Korea Shipbuilding & Offshore Engineering Company (HD KSOE) has received an order to build two liquified natural gas (LNG) carriers for an undisclosed shipowner from Africa. According to the company’s stock exchange fi...

November 12, 2023 No Responses

Firm Boosts Fleet With New LNG-Powered PCTC

Japanese shipping company, Nippon Yusen Kaisha has taken delivery of Sweet Pea Leader, the latest LNG-fueled pure car and truck carrier (PCTC), at Tadotsu Shipyard, part of Imabari Shipbuilding Group. Ordered from Nihon Shipyard, the 77,644 GT vessel...

November 7, 2023 No Responses

Train-7 Project Hits 52%, Employs 8,300 Persons

The ongoing construction of the $5bn Train-7 project being undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent and currently engages 8,300 Nigerians of diverse skill sets. These facts emerged on.....