China’s Huangpu Wenchong Shipbuilding has secured approval in principle from classification society Lloyd’s Register for a new 12,500-cbm LNG bunkering vessel design.
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US LNG exporter Venture Global has entered into power and grid frame agreements with GE Vernova and Baker Hughes for up to 16 new, 720 MW power island units and associated power transformer equipment, supporting the continued expansion of its existing behind-the-meter, industrial power network that is not reliant on the grid.
Malaysian shipping firm MISC has officially signed a shipbuilding deal with China’s Hudong-Zhonghua for five additional newbuild 174,000-cbm liquefied natural gas (LNG) carriers, which will serve a 20-year charter with a unit of MISC’s parent, Petronas.
UK-based LNG giant Shell, French LNG containment specialist GTT, and classification society Lloyd’s Register have launched a joint development project to develop a conceptual 200,000-cbm LNG carrier combining hybrid-electric propulsion with GTT’s Next1 LNG cargo containment technology.
South Korea-based LNG technology and assets firm GasEntec has secured approval in principle from classification society Lloyd’s Register (LR) for what it says is one of the industry's highest-capacity FSRU concepts.
Classification society Lloyd’s Register (LR) has identified 200,000 cbm LNG carriers as a "credible next step" for global LNG fleet renewal, with a potential owner benefit of approximately $85.5 million over 30 years.
Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a new LNG carrier design that features GTT's Next1 containment tech.