LNG – Page 7 – City Business News

January 16, 2022 No Responses

EU Blocks Hyundai, Daewoo Shipping Merger

The European Commission has adopted a decision to prohibit a mega-merger that would combine two South Korean shipbuilding companies, Hyundai Heavy Industries Holdings (HHIH) and Daewoo Shipbuilding & Marine Engineering (DSME). The merger between the two South Korean shipbuilders would...

December 8, 2021 No Responses

Samsung Secures $622m Contract For Three New LNG Carriers

South Korean shipyard Samsung Heavy Industries (SHI) has received orders for three new LNG carriers valued at $622 million . Specifically, the shipyard received these orders from a Bermuda regional shipping company and from an Oceania regi...

December 4, 2021 No Responses

Shell Closes Prelude Floating LNG

Shell has shut down its Prelude Floating Liquefied Natural Gas (FLNG) facility offshore Western Australia due to a fire incident. Shell operates the Prelude FLNG, located at Browse Basin, 475 kilometres from Broome in Western Australia. S...

November 2, 2021 No Responses

LNG, Vehicle Carriers, Others Drive Panama Canal’s Growth

The Panama Canal has closed its fiscal year 2021 with a record-breaking annual tonnage of 516.7 million Panama Canal tons (PC/UMS), 8.7 per cent higher compared to the 2020 fiscal year and 10 per cent above tonnage registered in financial year ...

October 27, 2021 No Responses

TotalEnergies Names France’s 1st LNG Bunker Vessel

The first liquefied natural gas (LNG) bunker vessel to be based in France has been officially named Gas Vitality at a ceremony held on Tuesday at Hudong-Zhonghua Shipbuilding in China. The 18,000-cbm newbuild vessel is TotalEnergies Marine Fuels’ second coll...

August 7, 2021 No Responses

Shell, Maritime Firm Seal Partnership

Shell Tankers (Singapore) has signed a partnership agreement with ship management company Signal Maritime placing ten Medium Range (MR) product tankers into the company’s MR pool. The company was an early adopter of the Signal Ocean platform in pro...

July 18, 2021 No Responses

Volkswagen Acquires Six LNG Car Carrier Ships

Foremost automobile firm, Volkswagen Group has concluded arrangement to boosts it logistics network with six Liquefied Natural Gas (LNG) Ships Under the arrangement, Volkswagen will transport most of its new vehicles overseas using ...

June 16, 2021 No Responses

Buhari Flags Off Construction Of NLNG’s Train 7 Project

By citybusinessnews@yahoo.com — The President of the Federal Republic of Nigeria, Muhammadu Buhari, GCFR, today flagged off the construction of Nigeria LNG Limited’s (NLNG) Train 7 project during the groundbreaking ceremony at the Company’...

May 25, 2021 No Responses

LNG Firm Completes First Reloading Operation

Croatia’s first Liquefied Natural Gas (LNG) import terminal, located on the island of Krk has completed its first small-scale reloading operation. The project noted that the liquefied natural gas was reloaded from the FSRU LNG Croatia to Avenir LNG’s...

May 4, 2021 No Responses

LNG Cargoes Diverted As COVID-19 Crisis Dampens Demand

Liquefied natural gas (LNG) cargoes are being diverted away from ports in India as surging coronavirus cases hamper domestic gas demand, trade and shipping sources said on Monday.Six LNG tankers diverted away from India since April 20, changing the destinati...

April 23, 2021 No Responses

LNG Adventure Joins Total’s Fleet

French energy major, Total has expanded its fleet with the addition of NYK Line’s liquefied natural gas carrier LNG Adventure. The vessel capable of 174,000 cubic meters of the chilled fuel has been built by the South Korean shipyard Samsung Heavy...

April 10, 2021 No Responses

Samsung Delivers Navigare’s First LNG Carrier

Danish investment fund manager, Navigare Capital Partners has taken delivery of its first liquefied natural gas (LNG) carrier, Marvel Swan. In a brief statement through its social media channels, Pronav Ship Management, part of the Schulte Group, said it...

April 8, 2021 No Responses

Firm Welcomes First LNG Tanker

Greek shipowner Latsco has received Hellas Diana from South Korea’s Hyundai Samho Heavy Industries (HSHI), as the first LNG carrier in the fleet. The 173,400 cubic metres LNG tanker Hellas Diana set sail on 1 April from Hyundai Samho Heavy In...

March 31, 2021 No Responses

LNG Vessels Waiting For Normalised Operations As Suez Canal Reopens

After the unblocking of the Suez Canal, a number of LNG and other vessels are waiting for the canal to become fully operational. Suez Canal, the shortest shipping route between Europe and Asia, is now reopened for navigation, almost a...