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Gas Carriers

GTT Wins Tank Design Order for LNG Carrier Trio

French engineering firm GTT said it received an order from South Korean shipyard Hyundai Heavy Industries (HHI) for the tank design of three new liquefied natural gas (LNG) carriers that will be built for an Asian shipowner.As part of this order, GTT will design the tanks of the 174,000 cubic meter capacity vessels.

BW LPG Sells Very Large Gas Carrier for 'Attractive' Price

Credit: Vladimir Knyaz/MarineTraffic.com

Singapore-based gas carrier operator BW LPG has sold Very Large Gas Carrier (VLGC) BW Empress.BW Empress was built in 2005 and has a carrying capacity of 77,330 CBM. "The sale has generated approximately US$ 40 million in liquidity and an expected net book gain of approximately US$ 10 million.

GTT Upgrades its NO96 Technology to Reduce Boil Off Rate

© Wojciech Wrzesień / Adobe Stock

French engineering firm GTT said it has developed the NO96 Super+, an evolution of the NO96 Cargo Containment System (CCS), to help reduce the evaporation of liquefied natural gas (LNG) cargoes during operations, Having recently received an approval in principle (AIP) from classification society Bureau Veritas,

GTT Wins Tank Design Order for ShenZhen LNG Carrier

French engineering firm GTT said it has received an order from Chinese shipyard Hudong-Zhonghua Shipbuilding (Group) Co. Ltd. for the tank design of a new liquefied natural gas (LNG) carrier.The vessel is expected to be delivered to Chinese shipowner ShenZhen Gas Corporation Ltd. in January 2023.GTT

Golar LNG CEO Ross Resigns

© Rodge Musselwhite / MarineTraffic.com

Golar LNG said on Monday its chief executive officer Iain Ross has tendered his resignation, and the company will immediately start the process to recruit his successor.The liquefied natural gas (LNG) shipping company said the contractual termination period is six months, though it can be prolonged or reduced upon mutual agreement.

GTT Bags VLEC Tank Design Order from Hyundai Heavy Industries

French engineering firm GTT announced on Thursday it has received an order from Korean shipyard Hyundai Heavy Industries (HHI) to design the tanks for two newbuild very large ethane carriers (VLEC) on behalf of an unnamed Asian shipowner.As part of this order, GTT will design the tanks for the VLECs with a cargo capacity of 98,000 cubic meters.

GTT Unveils Digital Solution for LNG Membrane Tank Maintenance

© Björn Wylezich / Adobe Stock

Engineering firm GTT said it has obtained approval in principle (AIP) from testing, inspection and certification group Bureau Veritas for the use of a digital solution for sloshing activity assessment in the Framework of Class Survey in order to optimize the liquefied natural gas (LNG) membrane tank maintenance frequency.

MISC Takes Delivery of VLEC Seri Elbert

Photo: MISC Berhad (MISC)

MISC Berhad (MISC) has taken delivery of its sixth Very Large Ethane Carrier (VLEC) – Seri Elbert, from Hyundai Heavy Industries (HHI) shipyard in Ulsan, South Korea. Seri Elbert and her sister vessels - Seri Everest, Seri Erlang, Seri Emei, Seri Emory and Seri Emperor are a series of second generation

Wärtsilä to Deliver Cargo Handling and Fuel Supply Systems for Six VLGCs

(Photo: Petredec)

Finnish tech company Wärtsilä said it has won a contract to equip six new 93,000 cubic meter capacity liquid petroleum gas (LPG) carriers being built at the Jiangnan Shipyard in China for Singapore-based Petredec. The order with Wärtsilä was placed in March 2021.The newbuilds, to be among the largest of their type ever built,

Dorian LPG to Install Kongsberg Digital’s Vessel Insight

(Photo: Dorian LPG)

Kongsberg Digital announced that Dorian LPG (DK) ApS, a subsidiary of Dorian LPG Ltd., owner and operator of very large gas carriers (VLGC), has contracted to install Vessel Insight to its entire fleet of 22 liquefied petroleum gas (LPG) carriers. The agreement is expected to commence operation in the upcoming months.

US LNG Exports on Track to Hit Record High in March

© Wojciech Wrzesień / Adobe Stock

U.S. liquefied natural gas (LNG) exports are on track to hit record highs in March as tumbling shipping rates and lower prices than in Europe and Asia continue to attract buyers.The amount of gas flowing to U.S. LNG export plants has averaged 10.5 billion cubic feet per day (bcfd) so far in March, according to Refinitiv.

LR Approval in Principle for Exmar Ammonia-fueled Gas Carrier

(Photo: Exmar)

Classification society Lloyd’s Register (LR) said it has awarded an approval in principle (AIP) to Belgium-based shipping company Exmar for its ammonia (NH3) fueled 40,000-cubic-meter-capacity midsize gas carrier (MGC). China's Jiangnan Shipyard was responsible for the ship design while Wärtsilä

Three Ships Carrying US Ethanol Head to China

© Carabay / Adobe Stock

Three ships carrying ethanol were heading to China from the U.S. Gulf Coast, three trade sources told Reuters on Monday, a sign that ethanol exports from the United States to the country are increasing drastically.The shipments may surpass the total amount of U.S. ethanol that China imported last year, a positive development for the U.

Baltic Exchange Adds LNG Powered Seaborne Gas Assessments

© Björn Wylezich / Adobe Stock

A new set of independent indices for the liquified natural gas (LNG) seaborne trade went live this week (2 March), based on the carriers burning LNG, rather than marine fuel oil or marine gas oil, as their primary fuel.Published twice weekly, the new indices have been given the acronym (BLNGg) and will

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