The City of New York's famed Staten Island Ferry will be seeing one of its vessels converted to LNG propulsion in a pilot project nearing the end of its planning stages, according to James DeSimone, the ferry's chief operating officer, who spoke...

Qatar: Milaha has reported full-year net profits of $229m for 2012, versus $195m for the same period in 2011.

Doha: Qatar has discovered another offshore field containing about 2.5 trn cu feet (tcf) of natural gas, the country's first gas find since 1971, its energy minister said on Sunday.

Canberra: A DNV-led joint industry project (JIP) has identified 10 Australian ports which have the potential to offer LNG bunkering by 2016, backed by attractive payback periods for investments with no significant legal restrictions hindering...

Athens: Hellenic Gas Transmission System Operator (DEFSA) has awarded class society Rina Group a contract for preliminary feasibility study and basic engineering design on a Greek LNG terminal at Revithoussa.

Lagos: Nigeria Liquefied Natural Gas Company (NLNG) agreed with two banks to secure $1.6bn in funding for six LNG carriers.

Kuala Lumpur: Malaysian state oil and gas firm Petronas has launched a bid to take full control of its listed shipping subsidiary MISC.

Nantong: Sinopacific Offshore & Engineering bagged a deal to build four LPG carriers for France-based shipowner Jaccar Holdings.

Singapore: BW Maritime has taken the plunge on ordering its first LNG floating storage and regasification (LNG - FSRU) from Samsung Heavy Industries (SHI).

Beijing: China's Cosco Shipyard Group will build a new 'Clean Sky' bulk carrier incorporated with an LNG-as-fuel system, an innovation jointly developed by Cosco, Golden Union and Lloyd's Register.