LNG News

Jack Knox: The refitting of B.C. Ferries

Admit it: B.C. Ferries newer boats are pretty spiffy. In the past six years, the government-owned, sort-of-independent company has added seven ships. That includes five big ones: the German-built Coastal Celebration, Coastal Inspiration and Coastal Renaissance and, way up the coast, the Northern Adventure and Northern Expedition.

Making Big Things Little - SD Model Makers Delivers Replica OSV Ship Model

San Marcos, CA (PRWEB) March 20, 2012 SD Model Makers delivered their fifth commercial vessel scale model to Palatka Florida based St. Johns Shipbuilding. The 36.25 inch 1/52-scale model ship replicated St. Johns latest build, a 157 foot Offshore Support Vessel "Sea Strength" for A.R. Singh Contractors, Ltd. out of Trinidad.

Local shipyards to consider bid for new ferries - News

NORTH SHORE shipbuilders say they hope to be in the running for contracts to build three new B.C. ferries.B.C. Ferries announced Tuesday it plans to build three new intermediate class vessels to replace aging vessels between 2014 and 2017, and will award a construction contract in January 2014.Heads of both Seaspan and…

'Vindskip' Cargo Ship Uses It's Hull As A Giant Sail

(CNN) -- While it's a form of transport few of us see, shipping packs a punch as a polluter.According to a recent study, shipping accounts for around 3% of global CO2 emissions. Not surprising when you consider that the engines of the world's estimated 90,000 cargo ships are in use 24 hours a day while traveling.Futuristic…

Officials rally against LNG plan in Long Beach - LIHerald.com

A week after they criticized plans for an offshore liquefied natural gas terminal at a meeting in Queens, officials gathered on the Long Beach boardwalk on Thursday to call on Gov. Andrew Cuomo to veto the plan, citing environmental, economic and safety concerns.At a press conference led by City Council President Anthony Eramo, council members Fran Adelson and Len Torres, U.S.

Woodside's 4Q 2014 Sales Revenue Up 6.9% to $1.76B, May Cut Capex for 2015

Australia's Woodside Petroleum Ltd.'s sales revenue reached $1.762 billion for the final quarter ending Dec. 31, 2014 (4Q 2014), a gain of 6.9 percent from $1.648 billion posted in the previous year, with the increase provided mainly by additional oil volumes sold primarily from the Vincent field, according to financial…

Most at Port Ambrose hearing slam plan - LIHerald.com

One after another, for four hours, speakers at a hearing last Wednesday in Jamaica, Queens lined up to decry a proposal to build a liquefied natural gas terminal in the Atlantic Ocean 18.5 miles southeast of Jones Beach.The hearing, one of two that federal agencies convened for public comment on an environmental impact report about the terminal, began at 6 p.m. on Jan.

Tsakos Energy Navigation Limited Declares Dividend on Its 8.00% Series B and 8.875% Series C Cumulat

Perpetual Preferred Shares (the "Series C Preferred Shares") . date on October 30, 2014 through January 29, 2015. January 29, 2015. Preferred Shares as of January 27, 2015. and if declared by TEN's board of directors. dividend on the Series B and the fifth dividend on the Series C. Preferred Shares outstanding as of the date of this press release.

Matrix delivers buoyancy structure to Heerema

Matrix Composites & Engineering (MCE) has delivered one of the worlds largest installation buoyancy structures to Heerema Marine Contractors (HMC).The structure weighs 103 t and provides 150 t of uplift in seawater, the equivalent of eight large public buses. Constructed from a modular design, the buoyancy system (IsoBlox) can be assembled in almost any 3D configurations…

Excelerate Energys Excellence LNG tanker is heading to Nigerias Bonny Channel to receive part of the

By Leigh ElstonPosted 14 January 2015 11:09 GMTExcelerate Energy’s Excellence LNG tanker is on its way to Nigeria to lighten the load of the grounded Magellan Spirit vessel.“The Excellence is currently off the coast of Sierra Leone, heading towards Nigeria. The ETA is unknown, but it’s certainly on the way there now,” a…

Highbank Resources | Highbank Resources (TSXV:HBK)

Highbank Resources (TSXV:HBK) reported milestones achieved in 2014, and plans for production in 2015. Swamp Point North is ready for production in Q1 of 2015.As quoted in the press release:The Company has quoted on: the Container Port expansion to Ledcor; the proposed Canpotex, potash export terminal; Bechtel Engineering for Petronas/PNW LNG; Royal Boskalis Westminster N.V. for subsea pipelines.

DSME Rolls Out World's Largest Containership

Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has named the MSC Oscar, which has claimed the title of the world’s biggest containership. After the christening ceremony the MSC Oscar departed for Busan.The vessel has a capacity of 19,224 containers, and is the equivalent of four football stadiums in length with the nominal capacity of 19,224 TEU.

Liquid Natural Gas Transportation and Export Activism

The proposed Port Ambrose deepwater LNG terminal near New York City has been denounced by environmentalists as a dirty and dangerous export terminal in disguise. The reality is that LNG is the safest and cleanest fuel available and natural gas is critical in efforts to eliminate air pollution and save lives in New York…

Aegean Marine Petroleum Network Inc. Analyst Rating Update

Aegean Marine Petroleum Network Inc. (NYSE:ANW) has received a Neutral rating from research analysts at Zacks with a rating of 3. The company has been rated an average of 1 by 3 Wall Street Analysts. 3 analysts have added the counter in their list of strong buys. Aegean Marine Petroleum Network Inc. (NYSE:ANW) increased 1.96% or 0.28 points in todays market.

Teekay LNG Partners L.P. Analyst Rating Update

Research firm Zacks has rated Teekay LNG Partners L.P. (NYSE:TGP) and has ranked it at 3, indicating that its shares are a Neutral. 5 Wall Street analysts have given the company an average rating of 2.8. The counter has received a hold rating based on the suggestion from 4 analysts in latest recommendations. The counter had a buy rating from 1 analysts.Teekay LNG Partners L.P.

Gas tanker runs aground off Nigeria -traders | Reuters

house Vitol, will be affected.
The police craft Lyle M Hoey sits alongside the cargo ship Thor Commander after its main engine broke down.

Cargo ship towed away from Great Barrier Reef after engine breaks down

The police craft Lyle M Hoey sits alongside the cargo ship Thor Commander after its main engine broke down.

UPDATE 1-KOGAS says its CEO to tender his resignation on Monday | Reuters


LNG plans continue in 2015 despite oil slump

The shakeout of liquefied natural gas proposals for B.C. continues, with  ExxonMobil's large-scale project for Prince Rupert moving ahead and smaller projects changing or withdrawing plans.ExxonMobil and its Canadian subsidiary Imperial Oil have filed a detailed description with B.C.'s Environmental Assessment Office, planning…

Aegean Marine Petroleum Network PT Raised to $17.00 (NYSE:ANW)

Stock analysts at Stifel Nicolaus raised their target price on shares of Aegean Marine Petroleum Network (NYSE:ANW) from $16.00 to $17.00 in a report issued on Friday. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ target price would suggest a potential upside of 19.21% from the company’s current price.Aegean Marine Petroleum Network (NYSE:ANW) opened at 14.26 on Friday.