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.
LNG Prime Annual Subscription Membership Required
You must be a LNG Prime Annual Subscription member to access this content.
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.
Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.
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.