LNG dual-fuel vessels lowest cost compliance solution to decarbonise shipping: SEA-LNG

Industry coalition SEA-LNG analysis shows that LNG dual-fuelled vessels provide the lowest compliance cost for meeting EU and IMO decarbonisation regulations. Using Z-Joule’s POOL.FM, SEA-LNG has undertaken analysis based on a modelled mid-sized, 14,000 TEU container vessel. This analysis is in the form of both a single vessel and also an eight-vessel fleet operating the

Monjasa gearing up to introduce LNG bunkering operations in UAE

Marine fuels supplier Monjasa has chartered its first dedicated LNG bunker vessel which is expected to be deployed in the United Arab Emirates (UAE) in January 2025. As disclosed, Monjasa chartered Green Zeebrugge, NYK’s 2017-built LNG bunker vessel with a 5,000 cubic meter capacity, in Amsterdam in November 2024 as it prepares to introduce LNG

WinGD to supply 16 dual-fuel engines for eight LNG carriers

WinGD has received an order for 16 X-DF dual-fuel engines for eight liquefied natural gas (LNG) carriers after a late-stage switch by a major ship owner. The order was received relatively late in the newbuilding planning phase as operational and delivery concerns arose around the engines originally selected, according to WinGD. Despite the timing, close

GAIL and “K” LINE agree to a long-term charter agreement for an LNG ship

Through the Singapore-based ship-owning business, GAIL (India) Limited and Kawasaki Kisen Kaisha, Ltd. (K LINE) inked a long-term charter agreement for a new LNG vessel. “K” LINE has 40 years of experience transporting LNG. With a tank capacity of 1,744,000 cubic meters, the LNG ship will be a contemporary two-stroke vessel constructed by Samsung Heavy

Goldman warns of a possible increase in the price of Asia LNG

If the supply of gas in Europe tightens this winter, liquefied natural gas prices in Asia might rise to more than $20 per million British thermal units (mmBtu), according to Goldman Sachs report. According to Goldman Sachs, Europe and Asia will have less access to LNG next year than anticipated due to delays in the

ADNOC, Jiangnan Shipyard, and DNV celebrate delivery of first large-scale Mark III Flex LNG Carrier

The Abu Dhabi National Oil Company (ADNOC), Jiangnan Shipyard (Group) Co., Ltd., and classification society DNV, celebrated the naming and delivery ceremony of China’s first large-scale Mark III Flex membrane LNG carrier, the 175,000 cbm, Al Shelila. The first of a six-vessel series, this landmark delivery is one of the most innovative vessels ever constructed

LNG imports are expected to climb by 7% in 2025

India’s natural gas import bill increased by 17% to $8.9 billion in the first seven months of the current fiscal year, up from $7.6 billion in the same period a year ago, owing to increased consumption, particularly by city gas distribution companies and the power sector, according to data from the Petroleum Planning and Analysis

As European benchmarks increase, Asian LNG soars to its highest level this year

Due to heightened competition from Europe for the fuel used in power plants and heating systems, spot LNG prices in North Asia surged to their highest level of the year. According to traders, the Japan-Korea marker, which serves as the region’s benchmark, increased to roughly US$15.3 per million British thermal units on Thursday, November 21,

HMM introduces South Korea’s first LNG-powered vessels

South Korea’s HMM Co. said  that it will introduce two 7,700 TEU (1 TEU equals one 20-foot container) container ships powered by liquefied natural gas (LNG). This marks the first time a domestic shipping company has adopted LNG-powered container ships, an eco-friendlier fuel. The LNG-powered vessels, HMM Ocean and HMM Sky – were named during a ceremony

Silverstream Targets LNG Carriers with Shenzhen Yard Partnership

Air lubrication system company Silverstream Technologies has signed an MoU with Yiu Lian Dockyards (Shekou), one of the largest ship repair yards in China and part of China Merchants Group. The partnership aims to drive retrofit installations of the Silverstream® System. Yiu Lian Dockyards (Shekou) operates repair yards in Shekou, Shenzhen. The shipyard accepts all