For illustration only (Image: HD Hyundai Heavy Industries)
South Korean shipbuilder HD Hyundai Heavy Industries has secured approval in principle from classification society DNV for its new 271,000-cbm LNG carrier design.
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Australian LNG player Santos has signed two separate, non-binding LNG agreements that underscore the company’s growing global LNG portfolio position. Santos entered into a non-binding heads of agreement to buy LNG from the Ksi Lisims LNG project in Canada and the company agreed key commercial terms with South Korea's Posco Steel to supply the latter with LNG.
Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a new LNG carrier design that features GTT's Next1 containment tech.
The global LNG bunkering vessel fleet may need to more than double by 2030 as demand from LNG-fueled ships grows faster than the infrastructure required to supply them, according to classification society DNV.
Classification society DNV said on Thursday that alternative-fueled vessel ordering was strong in August, reaching 52 new vessels, with LNG remaining the dominant fuel choice.
India’s largest gas utility GAIL has signed a cooperation agreement with Deendayal Port Authority (DPA) and classification society DNV on setting up a liquefied natural gas (LNG) bunkering facility at the port of Kandla on the northwestern coast of India.