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
FSRU
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
Cheniere Energy exports its 1,000th LNG cargo
Cheniere Energy, Inc. (NYSE American: LNG) reports that it has produced and exported its 1,000th cargo of liquefied natural gas (LNG). The 1,000th cargo was exported within a four-year time period after
Excelerate and Equinor complete first Bahamas ship-to-ship LNG transfer
Excelerate Energy L.P. and Equinor Energy AS have completed the first ever ship-to-ship (STS) transfer of liquefied natural gas (LNG) in the Bahamas. The transfer took place February 7. Utilizing Excelerate’s floating
Wilhelmshaven FSRU project gets a boost from ExxonMobil
JANUARY 27, 2019 — ExxonMobil Gas Marketing Europe Limited has reached a preliminary agreement to take a substantial share of regasification capacity at the FSRU (Floating Storage and Regasification Unit) project that