Samsung Heavy wins 674.5 bln-won order for 2 LNG carriers

South Korean shipyard Samsung Heavy Industries Co. said it has bagged a 674.5 billion-won (US$517 million) order to build two liquefied natural gas (LNG) carriers for an Asia-Pacific shipper, according to Yonhap. Samsung Heavy said in a regulatory filing that it will deliver the vessels to the undisclosed shipping company in stages by November 2026.

TotalEnergies and Adani ready to start LNG import terminal

A joint venture between TotalEnergies and India’s Adani group has been developing the 5 million tpa facility A newly-built liquefied natural gas import facility at Dhamra port near India’s eastern coast has received its first cargo, with joint-venture partners Adani group and French giant TotalEnergies expected to commission the facility within weeks. The traction comes

India keeps domestic gas prices on hold

India will provisionally keep the price of locally produced gas from old fields at $8.57 per million metric British thermal units (mmBtu), the government, while it considers a potential change to the pricing formula. Under the existing formula, the price was due to go up for April-September, but to ensure fair prices for consumers and

Samsung Heavy to build two new LNG carriers

Samsung Heavy Industries has secured a new order to build two liquefied natural gas (LNG) carriers. Samsung Heavy will build the LNG carriers for an unidentified owner in Asia-Pacific for 674.5 billion won ($517 million) or about $258.5 million per vessel. This is one of the highest prices for a single LNG carrier with a

LNG terminal at Dhamra receives first shipment

The first shipment of liquefied natural gas was received by the facility from the Qatari ship ‘Milaha Ras Laffan’ The new LNG import facility at Dhamra, situated on the eastern coast of India, has been launched by Adani Group and TotalEnergies. The first shipment of liquefied natural gas was received by the facility from the

Jiangnan Shipyard bags $470m order for LNG duo

China’s Jiangnan Shipyard has been contracted to build a pair of liquified natural gas carriers in a deal worth $470m. China Taiping Insurance Holdings confirmed the deal in Hong Kong Exchange filing which included its non-wholly owned subsidiary Taiping & Sinopec Financial Leasing (TSFL) and its two special purpose vehicles Taiping 26 and Taiping 27.

India considers LNG reserve to cut supply shortages

India is reportedly considering the creation of a strategic reserve of liquefied natural gas (LNG) to protect against potential supply shortages or price spikes in the future, following the country’s energy crisis last year, according to a senior executive at India’s leading LNG importer. The government has “proposed we should have more storage space for

Samsung and Kongsberg to jointly develop LNG ships

South Korean shipbuilder Samsung Heavy Industries (SHI) and Norwegian marine technology firm Kongsberg Maritime have penned an agreement to jointly develop a design for an autonomous 174,000 cu m LNG carrier. The two parties will leverage the latest remote autonomous and low-emission technology, with SHI acting as a system integrator with overall design responsibility, while

Cedar floating LNG gets environmental certification

Canada’s first Indigenous majority-owned LNG facility received its environmental assessment certificate (EAC) from the British Columbia Environmental Assessment Office. It also received a positive decision statement from the federal Minister of Environment and Climate Change. Cedar LNG is a proposed floating LNG facility located on Haisla Nation-owned land in Kitimat, B.C., with the capacity to

Fully electric harbor tugboat named

HaiSea Marine, majority owned by Haisla Nation in partnership with Seaspan ULC, celebrated the naming and blessing of its tug boat fleet – which includes the world’s first fully electric harbor tug boat, along with dual fuel (LNG and Diesel) escort tug boats. Once delivered, the green fleet will provide ship-assist and escort towing services