South Korean shipbuilder Hanwha Ocean has completed what it claims is the world’s first ship-to-ship (STS) transfer of liquefied natural gas (LNG) between vessels under sea trials.
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Malaysian LNG shipping firm MISC has ordered one 18,700-cbm LNG carrier from China's Hudong-Zhonghua, backed by a 10-year charter deal with a unit of its parent Petronas.
Swiss-based offshore contractor Allseas has secured a contract from Houston-based Western LNG to install the subsea section of the Prince Rupert Gas Transmission (PRGT) pipeline in northwest Canada, which will deliver natural gas to the planned Ksi Lisims LNG export facility.
South Korean shipbuilder Hanwha Ocean said on Monday that mid- to long-term demand for LNG carrier newbuildings is driven by higher ton-mile demand from stronger energy security policies and LNG supply diversification toward the US and other exporters amid Middle East disruptions.
South Korea's Hanwha Ocean has entered into a non-binding memorandum of understanding with Canada's Kanata Clean Power & Climate Technologies to cooperate on a 12 mtpa floating liquefied natural gas export project planned for Prince Rupert, British Columbia. The project is expected to cost $15.7 billion.
UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, is expected to order more liquefied natural gas (LNG) carriers in China and South Korea soon, according to shipbuilding sources.