Jahre Marine AS has announced an order for the world’s first seagoing LNG carrier specifically for at-sea bunkering, with the contract due to be finalised in three months.
A design for a 3,100 teu containership running entirely on LNG has won the prestigious “Next Generation Ship” award at Nor-Shipping 2013.
The Society for Gas as a Marine Fuel (SGMF) has been established as a Non-Governmental Organisation following a decision to proceed by the Society of International Gas Tanker and Terminal Operators (SIGTTO) board at its meeting on 16 May.
Net profit at floating LNG specialists Hoëgh LNG fell to a loss of $7.9m but its FSRU new builds remained on track.
Cosco Corporation's (Singapore) Dalian yard clinched a RMB500m ($81.4m) contract to build one 28,000 cu m LNG vessel for a Chinese shipowner.
Floating LNG specialist Höegh LNG has received commitment letters from five banks for a $299m limited recourse facility to finance its Lampung floating storage and regasification unit (FSRU) project in Indonesia.
Nippon Yusen Kaisha (NYK) and Mistubishi Corporation have announced their intention to investment in the $10bn Cameron LNG (CLNG) project in the US.
Mitsui OSK Lines (MOL) will soon order a 155,000 cu m LNG carrier from Mitsubishi Heavy Industries (MHI) after landing a LNG transport agreement.
Teekay Corporation reported a net loss of $11.7m in the first quarter, down from a $20.8m loss in the first three months of 2012.
Singapore's new LNG terminal has received its first commercial cargo and commenced commercial operations on Tuesday.