Teekay LNG Partners Declares 36% Increase in Common Unit Distribution and Secures New 3-Year Charter

Teekay LNG Partners Declares 36% Increase in Common Unit Distribution and Secures New 3-Year Charter

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG) (NYSE: TGP), has declared a cash distribution of $0.19 per common unit for the quarter ended March 31, 2019, representing a 36 percent increase …
Apr 24, 2019 /  Vessels
LNG Vessel Completes 6,000th Neopanamax Transit at the Panama Canal

LNG Vessel Completes 6,000th Neopanamax Transit at the Panama Canal

Yesterday, the Panama Canal welcomed its 6,000th Neopanamax vessel through the Expanded Canal, underscoring the route’s ability to accommodate the highly-dynamic liquefied natural gas (LNG) segment, which first …
Apr 24, 2019 /  Vessels
GTT receives new order from Hyundai Samho to design the tanks of an LNG carrier for NYK

GTT receives new order from Hyundai Samho to design the tanks of an LNG carrier for NYK

GTT has received an order from Hyundai Samho Heavy Industries (HSHI) for the tank design of a Liquefied Natural Gas Carrier (LNGC) on behalf of the Japanese ship-owner Nippon Yusen Kaisha (NYK). GTT’s Mark III …
Apr 24, 2019 /  Curious
Qatar Petroleum initiates LNG ship construction program for 100+ new LNG carriers

Qatar Petroleum initiates LNG ship construction program for 100+ new LNG carriers

Qatar Petroleum yesterday issued an ‘invitation to tender’ for the reservation of ship construction capacity required for the LNG carrier fleet for its North Field Expansion (NFE) Project, which will increase …
Apr 23, 2019 /  Curious
Annova LNG Receives Positive FERC Final Environmental Impact Statement

Annova LNG Receives Positive FERC Final Environmental Impact Statement

Last Friday (Apr19) Annova LNG received its final Environmental Impact Statement (EIS) from the U.S. Federal Energy Regulatory Commission (FERC), a significant milestone in the development process for the Annova LNG …
Apr 23, 2019 /  Curious
FSRU Summit LNG arrives in Bangladesh ahead of schedule

FSRU Summit LNG arrives in Bangladesh ahead of schedule

The vessel ‘Summit LNG’ with Floating Storage and Regasification Unit (FSRU) of Summit has arrived at Bangladesh’s designated coordinates in the Bay of Bengal ahead of schedule. It is now moored 6 …
Apr 22, 2019 /  Vessels
BC Ferries celebrated Earth Day with the return of the Spirit of Vancouver Island

BC Ferries celebrated Earth Day with the return of the Spirit of Vancouver Island

Vessel returns to service after a mid-life upgrade including a conversion to natural gas Just in time for Earth Day, the Spirit of Vancouver Island (see also CruiseMapper) returned to service last Thursday (Apr 18) …
Apr 22, 2019 /  Vessels
Mitsubishi Shipbuilding Holds Christening Ceremony for Next-Generation LNG Carrier Diamond Gas Sakura

Mitsubishi Shipbuilding Holds Christening Ceremony for Next-Generation LNG Carrier Diamond Gas Sakura

Significantly improved LNG carrying capacity and fuel performance from enhanced hull structure and hybrid propulsion system Third ship for Mitsubishi Corporation and NYK Line, to be put into service for Toho Gas and …
Apr 22, 2019 /  Vessels
Port Arthur LNG Receives FERC Authorization for Export Project in Texas

Port Arthur LNG Receives FERC Authorization for Export Project in Texas

Sempra Energy yesterday announced that its subsidiary, Port Arthur LNG, LLC, received authorization from the Federal Energy Regulatory Commission (FERC) to site, construct and operate its natural gas liquefaction-export …
Apr 19, 2019 /  Vessels
Hyundai LNG Shipping Announces Order for one VLGC at HHI

Hyundai LNG Shipping Announces Order for one VLGC at HHI

Hyundai LNG Shipping Company (HLS, the Company), South Korean owner of 10 LNG Carriers, has placed an order at Hyundai Heavy Industry for the construction of one 84,600cbm Very Large Gas Carrier(VLGC). The vessel will …
Apr 19, 2019 /  Vessels