Some developments are being made in the China LNG market, with Wuchang Shipbuilding Industry signing an over RMB100m ($16.1m) contract with Anhui Huaqiang Natural Gas to build three LNG bunkering barges for the Chinese market.
Cryo, a subsidiary of Linde Group, has been contracted to build the LNG fuel gas systems for the first ever LNG-powered icebreaker under construction at Arctech Helsinki.
Swedegas and Vopak LNG Holding have been granted an environmental permit for an LNG terminal in Gothenburg by the County Administrative Board in Västra Götaland.
French oil major Total has agreed to a 10-year deal with Singapore’s Pavilion Energy to supply 700,000 tonnes per year of LNG to Asia, including Singapore.
Oman Drydocks Co (ODC) ambitions to become a major hub for LNG repairs received a major boost this week when it was formally awarded a Gaztransport & Technigaz (GTT) license at Posidonia 2014.
Kawasaki Heavy Industries (KHI) is developing LNG-fuelled ship designs based on over 30-years experience in building LNG carriers.
Although the LNG shipping market is expected to take a bit of a dip over the next two years the current newbuilding orderbook is seen as insufficient to meet demand later in the decade according to leading shipowners.
GasLog LNG Services has signed a long term repair and refit deal with Singapore’s Sembawang Shipyard.
Golar LNG has reported a first quarter profit of $13m as lacklustre global LNG production caused negative growth and a lack of cargoes.