Himalaya’s two dual fuel newbuilds bunkered with LNG

Bulker operator Himalaya Shipping said two of its ships, Mount Norefjell and Mount Matterhorn, have bunkered with LNG in Singapore over the last few days. Mount Matterhorn is the fifth of the twelve 210,000 dwt Newcastlemax dual fuel newbuildings that the company has on order at New Times Shipbuilding in China. A Newcastlemax running on

BP bags order from Austria’s OMV

BP PLC has scored a 10-year order from Austria’s state-backed OMV AG for up to one million metric tons per annum (MMtpa) of liquefied natural gas (LNG) with delivery starting 2026. OMV indicated the supply is meant for Austria and other European countries. OMV owns gas and oil production stakes in the Norwegian side of

Tata Steel becomes first Indian company to use LNG carrier

Tata Steel has adopted various “industry first” initiatives in sustainability. Reiterating its commitment to a sustainable future, the steel major becomes the first Indian company to import cargo on a bulk carrier that uses LNG as fuel instead of traditional VLSFO (Very Low Sulphur Fuel Oil). This groundbreaking vessel sets a new benchmark for sustainable

GAIL exploring opportunities to tie up with LNG producers

In GAIL's annual report for 2022-23, the company stated that natural gas could meet the increasing demand for clean, affordable energy with limited deployment of capital and significant impact on emissions.

Hapag-Lloyd’s dual-fuel ship reaches Jebel Ali Port

The Berlin Express is a state-of-the-art vessel with a capacity of 23,600 TEU. It is the first of 12 dual-fuel vessels ordered by the shipping line which will run on Liquified Natural Gas (LNG), producing significantly lower emissions than traditional marine diesel.

Hyundai Samho awards new LNG tank job to GTT

The vessels will feature GTT’s Mark III Flex membrane containment system. GTT added that HSHI plans to deliver the LNG carriers to an Asian shipowner in the first and second quarters of 2027.

Crude oil imports in India slightly increased during June

The net import bill for oil and gas was $9.5 billion in June 2023 compared to $13 billion in June 2022, according to PPAC.

ADNOC inks 14 years LNG supply agreement with Indian Oil Corp

The deal was signed during Prime Minister Narendra Modi’s Visit to the United Arab Emirates (UAE) IOC said, adding that India’s trade treaty with the UAE enables it to import LNG without paying a 2.5% import tax. Indian companies are spending billions of dollars to boost their gas infrastructure and are scouting for long term

Pakistan undecided on lone pricey bid for LNG

Pakistan’s another bid to test the international spot market for additional Liquefied Natural Gas (LNG) supplies in peak winter appeared to be a non-starter when only a lone bidder turned up with offers at a significant premium making the price unviable for local consumers. However, the offered price may provide a window for Azerbaijan’s state-run

Indian Oil signs long term LNG import deals with ADNOC LNG, Total Energies

The two deals were signed during Prime Minister Narendra Modi’s Visit to France and UAE last week. Supplies under the two deals would commence from 2026, the Indian company said in two separate statements. ADNOC LNG would supply up to 1.2 million metric tonnes per year (tpy) of LNG to IOC for 14 years, the