BW’s recently ordered large liquefied natural gas carriers are expected to feature three LNG tanks instead of four, marking an industry first, according to shipbuilding sources.
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French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.
Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.
Atlantic spot LNG shipping rates rose for the first time in seven weeks, rising $3,750 week-on-week to $15,500 per day, according to Spark Commodities.
BW LNG's 2006-built steam vessel, LNG Benue, is set to be converted into a floating storage and regasification unit, according to China’s Huarun Dadong Dockyard (HRDD).
Indonesian petroleum and chemicals logistics company AKR Corporindo (AKRA) has formed a joint venture with a unit of Singapore-based gas shipping giant BW to develop an FSRU-based LNG project in Indonesia.
South Korean shipbuilder HD Hyundai Heavy Industries has won contracts worth approximately $574 million to build one floating storage and regasification unit (FSRU) and one liquefied natural gas (LNG) carrier.