Driven by tougher international and environmental standards, (Liquified Natural Gas) LNG is being termed as the fuel of the future. Accordig to experts, large scale shipping is believed to be sourced by LNG in the near future. Will LNG shipping change the course of industry in the future?
The Creole Spirit – Teekay’s very first M-type, Electronically Controlled, Gas Injection (MEGI)-Type LNG carrier – was successfully delivered to Cheniere Marketing. This is a major milestone in Teekay LNG Partners’ (TGP) expansion plans, as we enter a long phase of vessel deliveries.
ESL Shipping Ltd. and Hamburg based Nauticor GmbH & Co. KG, a 100% subsidiary of The Linde Group, have signed a long-term contract for the supply of LNG in the port of Oxelösund.
The Panama Canal Administration announces that it successfully transited three LNG vessels through its Neopanamax locks on April 17, 2018, marking a first for the waterway.
Cabinet Council of the Republic of Panama officially approved a proposal to modify the Panama Canal tolls structure, following a recommendation from the ACP Board of Directors.
Some of the best ships were launched in this year. Let’s take a look at the noteworthy “world’s first” and eco-friendly vessels launched in the year 2016.
If Asian buyers continue to divert their contracted supply from the US towards Europe and Latin America, it will reduce demand for LNG vessels in the long term by cutting down on long-haul trade.
The MOL-operated LNG Carrier LNG MALEO safely rescued three survivors about 280 km to the east off Mindanao, in the Pacific Ocean.
ABS, is pleased to confirm that the ABS-classed Navigator Aurora, the world’s largest ethane/ethylene capable liquefied gas carrier, has been delivered to Navigator Gas.