ABB to power Singapore LNG’s first FSRU
Singapore’s first floating storage and regasification unit (FSRU) will feature a complete power and propulsion system from ABB, The FSRU will be built by South Korea’s Hanwha Ocean, which has awarded ABB
FSRU
Seatrium, Karpowership partner on powership, FSRU conversions
Seatrium Limited announced August 14 the signing of a Letter of Intent (LOI) with Karpowership, a global energy company and the owner, operator, and builder of the world’s largest powership (floating power
Höegh Evi converting Hoegh Gandria to FSRU for EGAS
Höegh Evi, the former Höegh LNG, has signed a 10-year time charter agreement with Egyptian Natural Gas Holding Company (EGAS). It covers the deployment of the LNG carrier Hoegh Gandria as a
Hong Kong welcomes world’s largest FSRU
The world’s largest floating storage and regasification unit (FSRU) vessel, FSRU Challenger, has arrived in Hong Kong. Owned and operated by a joint venture of Mitsui O.S.K. Lines, Ltd. (MOL) and Royal
CoolCo sells 2013-built LNG carrier to Höegh LNG
LNG carrier specialist CoolCo (more formally Cool Company Ltd.) has reached an agreement to sell the oldest vessel in its fleet, Golar Seal (IMO: 9624914), for $184.3 million. The transaction is expected
Can U.S. LNG exports meet European demand?
The Council of the EU said today that, in an effort to increase EU security of energy supply, member states have reached a political agreement on a voluntary reduction of natural gas
Japanese R&D project aims to speed development of ammonia fueling
With growing interest in ammonia as a carbon-free future marine fuel, NYK Line, shipbuilder Japan Marine United Corporation, and ClassNK have signed a joint R&D agreement on the commercialization of an ammonia
Wilhelmshaven FSRU to be built by DSME
Mitsui O.S.K. Lines Ltd. (MOL) and LNG Terminal Wilhelmshaven (LTW) have signed an agreement to build and charter a 263,000 cu.m LNG Floating Storage and Regasification Unit (FSRU) for the planned LNG
Good day for South Korean shipbuilders
Two major South Koreans shipyards reported significant orders today, according to Yonhap news agency reports. Hyundai Heavy Industry Group disclosed that it has signed a $178 million contract to build two 300,000
Excelerate Energy to manage its FSRU fleet through new subsidiary
The Woodlands, Texas, headquartered Excelerate Energy L.P. is to manage its fleet of FSRUs through a new wholly-owned subsidiary, rather than using a third-party ship manager. The company reports that the Republic