A steel-cutting ceremony was held at Damen Yichang Shipyard, China, for the first in a planned series of short-sea LNG Bunker vessels to be built for Eesti Gaas of Estonia.

United European Car Carriers (UECC) has  inked a contract with China’s Jiangnan Shipyard to build two new generation pure car and truck carriers (PCTC) plus options for two additional vessels. 

Russian natural gas producer Novatek is aiming to launch LNG bunkering operations in Vysotsk on the Baltic by the end of March, reports said.

Nantong-based CIMC Sinopacific Offshore & Engineering (CIMC SOE) has bagged an order for up to six 20,000 cu m LNG bunkering vessels order from Stolt-Nielsen Gas.

As LNG as a marine fuel continues to gain traction Mitsui OSK Lines (MOL) has taken delivery of its first LNG-powered tugboat Ishin.

Golar LNG’s Gimi MS Corporation has inked a 20-year lease and operate agreement (LOA) with BP for the charter of FLNG Gimi, for which Keppel Corp has agreed to subscribe to a 30% stake.

South Korean LNG project developer EPIK has penned an agreement with Hyundai LNG Shipping to develop FSRU projects on a global basis.

Singapore LNG is paving the way for its terminal carry out LNG bunkering operations with a new small-scale facility.

Evercore ISI, the research arm of a top New York based investment bank, Webinar earlier this month was kicked off by oil analyst James West’s exultation of “signs of an emerging boom cycle for LNG liquefaction” with a “wave of new construction”.

LNG carrier newbuilding prices are expected to rise on the back of the merger of Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering (DSME), according to GasLog ceo Paul Wogan.

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