The use of liquefied natural gas (LNG) is predicted to account for 10% of the global bunker fuel volume used by ships by 2030, according to a recent report by Wood Mackenzie.

DNV GL has released a position paper on alternative fuels for shipping looking at the possible future fuel mix for maritime transport.

It was a very low key announcement, earlier this month ,which noted that Nippon Yusen Kaisha (NYK) had appointed its first Philippine master and chief engineer to one of the company’s LNG carriers. NYK Shipmanagement does not traditionally go in...

Höegh LNG (HLNG) has received commitment from seven banks for $400m secured credit facility.

The 2014 US maritime season has opened with activity on several fronts. In Washington, DC the Maritime Administration (MARAD), under its new Administrator Chip Jaenichen, hosted a three-day symposium on US maritime strategies going forward. The...

As companies look closely at their financing costs, they are quick to recognize that long term charters lead to lower financing costs. The beginning of 2014 saw a continuation of a recent trend, where shipowners in the energy business have been...

The world’s first LNG-powered tug has completed sea trials and has begun its maiden voyage.

There are signs that LNG bunkering is beginning to move from being a much talked about concept, restricted largely to a few ferries and the occasional OSV in Northern Europe, to something that will be a major fuel source for shipping in the future.

Daewoo Shipbuilding & Marine Engineering (DSME) has begun laying the keel for a new Petronas floating LNG liquefaction facility at its shipyard in Okpo, South Korea.

Oman Drydocks Co (ODC) enjoyed its best year of trading in 2013, and is eyeing potential as hub for the repair of LNG carriers.