LNG bunkering business launched in Japan

The business was adopted as a project eligible for the Ministry of Land, Infrastructure, Transport and Tourism’s LNG bunkering hub development programme.

CoolCo buying two LNG carriers newbuilds

LNG shipowner Cool Company (CoolCo) has exercised its option to acquire two newbuild LNG carriers from affiliates of EPS Ventures. CoolCo said that the Mega LNG carriers were scheduled to be delivered from Hyundai Samho Heavy Industries (HHI) in September and December of 2024. The two newbuilds have a cargo capacity of 174,000 cbm, a

Japanese companies completed trial on liquefied bio-methane

The vessel Ise Mirai was jointly built by MOL Coastal Shipping, Techno Chubu, and Kyoudou Kaiun, and was delivered in December 2020. It is the first LNG-fueled ocean cargo vessel in Japan.

Cost of emissions compliance favours LNG over methanol, says SEA-LNG study 

Using long-term price benchmarks for ammonia, methanol and LNG as a marine fuel, SEA-LNG has calculated the cost of compliance with FuelEU Maritime regulations for a typical 14,000-TEU newbuild container vessel coming into operation in 2025.

MOL and JERA agree on LNG newbuild charter

The 174,000 cu m vessel will be built at the Geoje Shipyard of South Korea’s Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering, for delivery in 2025 and managed by MOL.

EPS orders more LNG dual-fuel tankers

Idan Ofer’s diversified owner has booked up to four LNG dual-fuel aframax/LR2 product carriers. The two firm 115,000 dwt units each costing around $70m will deliver in March and December of 2026.

MAN ES launches four-stroke DF engine

Developed in co-operation with South Korean engine builder STX Engine and solely for production by MAN ES licensees, the MAN 35/44DF CD engine was designed for use in container and LNG carrier applications.

LNG imports to pick up in India

India has set ambitious targets to become one of the world’s biggest LNG importers by more than doubling the share of gas in its energy mix to 15 per cent by 2030, helping attract a wave of infrastructure investment.

Yang Ming, HD HHI signed deal for 5 new LNG dual-fuel vessels

In response to the maritime net zero carbon emission target by 2050, Yang Ming is continuously building a green and energy-saving fleet.

Eesti Gaas buys more LNG cargoes

Eesti Gas, which is branded internationally as Elenger, said in a statement issued on May 25 that it has “committed to bring 14 LNG cargoes from different suppliers to its customers by the fall and plans to add some more in the fourth quarter.”