LNG News

Rolls Delivering 29 MW Power Plant For LNG Terminal

Rolls-Royce will deliver a 29 MW gas-based power plant for an Indian liquefied natural gas (LNG) terminal.The project is for the Dhamra LNG Terminal LTD (DLTPL), a joint venture between Indian multinational conglomerate Adani Group and French energy major Total S.A, located on the eastern coast of Odisha in India. The LNG terminal will function as a reception facility for import of LNG…

Torrent Gas to invest Rs 8,000 cr in city gas business, set up 500 CNG pumps by 2023, Energy News, E

New Delhi: Torrent Gas on Tuesday said it will invest Rs 8,000 crore over the next five years in expanding its city gas operations with a target to set up 500 CNG dispensing pumps by March 2023. Torrent Gas, the city gas distribution arm of Gujarat-based $3 billion Torrent Group, holds a city gas licence for selling compressed…

Jack-Up Barge solutions deliver offshore efficiency

Dutch offshore self-elevating platform and services provider Jack-Up Barge BV is a firm believer in, together with its clients, looking for innovative and cost-efficient solutions. Today, both attitudes are needed more than ever, across the offshore oil and gas and renewables businesses, the firms management believes.The current market faces challenges…

Rolls-Royce to deliver gas power plant for Dhamra LNG

Rolls-Royce has signed a contract with Dhamra LNG Terminal Pvt. Ltd. (DLTPL) for the complete engineering, procurement and construction (EPC) and delivery of a 29 MW gas-based power plant for an Indian LNG terminal.DLTPL is a joint venture between Indian multinational conglomerate Adani Group and French energy major Total S.A, located on the eastern coast of Odisha in India.

Natural Gas Price Fundamental Daily Forecast

Daily December Natural GasHelping to boost prices on Monday was the news that an LNG tanker had arrived at Sempra Energy’s Cameron terminal over the weekend, according to Natural Gas Intelligence (NGI). “The Hackberry, Louisiana facility had been shut down since late August, ahead of Hurricane Laura’s landfall, and had finally resumed operations last week,” NGI said.Nonetheless, issues remain.

SMEs in marine fuel sector to get financial help to go digital, Singapore News & Top Stories

The Republic's maritime sector has remained resilient despite global economic headwinds, with the marine fuel or bunker segment holding steady amid the double shocks of the Covid-19 pandemic and fluctuating oil prices.Nonetheless, the Government is pushing on with plans to do more for the sector, said Senior Minister of…

Firms in marine fuel sector to each get $30,000 a year to help in push to go digital, Singapore News

SINGAPORE - The Republic's maritime sector has remained resilient despite global economic headwinds, with the marine fuel or bunker segment holding steady amid the double shocks of the Covid-19 pandemic and fluctuating oil prices.Nonetheless, the Government is pushing on with plans to do more for the sector, said Senior…

Joint R&D Starts for Practical Application of Ammonia-fueled Tugboat

On August 18, NYK, IHI Power Systems Co., Ltd., and Nippon Kaiji Kyokai (ClassNK) signed a joint research and development agreement to put the world’s first ammonia-fueled tugboat into practical use.BackgroundWith the entry into force of the Paris Agreement in 2016, global momentum for decarbonization has increased, and reducing GHG emissions has become an issue in the shipping sector.

MSC sees hydrogen and biofuels as key components of shippings future fuel mix

MSC Mediterranean Shipping Company, a global leader in transportation and logistics, said it is further exploring the viability of hydrogen and fuels derived from it as a possible fuel source for the future for container shipping, and is increasingly pioneering the use of biofuels within its existing fleet.Speaking on 5 October at the inaugural Maritime Transport Efficiency Conference in Geneva…

Korean yard to build floating storages for Murmansk LNG terminal

The deal has been concluded with the Russian State Transport Leasing Company, Kommersant reports.When ready, the two 380,000 cubic meters big floating storages are to be towed to projected LNG terminal sites in Vidyaevo near Murmansk and Kamchatka.They will become key parts of the logistics schemes developed by Novatek as part its massive building of LNG projects in the Arctic.

Small Scale LNG Market to see Huge Growth by 2025

The Global Small Scale LNG Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2027). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability.

Floating Lng Systems Market Size 2020 Industry Recent Developments, Emerging Trends Major keyplayers

“Final Report will add the analysis of the impact of COVID-19 on this industry.”Global “Floating Lng Systems Market” research report offers qualitative and quantitative insights in relation to industry growth rate, market segmentation, Floating Lng Systems market size, demand and revenue. The current trends that are expected…

EM&I launch FLNG JIP | LNG Industry

EM&I has launched its new ‘FloGas’ joint industry project (JIP) for floating gas assets.In two virtual conference calls for the eastern and western hemispheres, 20 representatives of owners, operators, class societies and academic organisations, agreed to move to the next stage in developing a JIP aimed at improving the…

Protesters blockade Premier Horgan's home ahead of B.C. budget release

Pipeline protesters were arrested outside the home of B.C. Premier John Horgan on Tuesday morning while attempting a citizen's arrest of the premier. Activists with the group Extinction Rebellion Vancouver Island said they intended to prevent Horgan from attending today's provincial budget announcement at the legislature. Four RCMP vehicles were on scene before 8 a.m.

FueLNG advances LNG bunkering prospects, infrastructure in Singapore

Singapore-based licensed LNG bunker supplier FueLNG held a virtual ceremony for naming Singapore’s first LNG bunkering vessel, or LBV, paving the way for further development of LNG as a marine fuel in the world’s largest bunkering port, industry sources said.Scheduled to be operational by end-2020, the vessel — FueLNG Bellina…

Great Lakes Shipyard Hires Skeeter As GM

The Great Lakes Towing Company announces the addition of Nikita Skeeter, a maritime professional with over 25 years of experience in shipbuilding and production management, as General Manager of Great Lakes Shipyard.Skeeter’s management experience includes multiple, simultaneous shipyard projects with budgets up to $1 billion…

We Like These Underlying Trends At Flex LNG (OB:FLNG) – Simply Wall St News

If you’re looking for a multi-bagger, there’s a few things to keep an eye out for. Firstly, we’d want to identify a growing return on capital employed (ROCE) and then alongside that, an ever-increasing base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return.

Prolonged slump bodes ill for Korean shipyards in Q3

By Nam Kwang-sik SEOUL, Oct. 4 (Yonhap) -- An extended slump is expected to undermine South Korean shipbuilders' earnings in the third quarter of the year amid the COVID-19 pandemic, with a meaningful recovery in the near future not in sight. According to the data provided by global market researcher Clarkson Research Service…