Spliethoff to order seven LNG-powered vessels for new UPM deal
Spliethoff has signed a long-term charter agreement with bioproducts manufacturer UPM to design and build seven LNG-powered vessels, which will be chartered through Spliethoff’s affiliate shipping companies Bore and Wijnne Barends. The vessels will provide...Read more
Baker Hughes sees LNG orders increase by 32%
LNG MarketGeneral Electric’s oil field services provider Baker Hughes beat expectations for the second quarter thanks to strong growth in the LNG market. The company booked USD 6.6 billion in orders and recorded an operating income...Read more
TechnipFMC’s orderbook skyrockets in second quarter
TechnipFMC has booked record inbound orders in the second quarter of 2019, with total company orders reaching a value of USD 11.2 billion. CEO Doug Pferdehirt contributes the success to TechnipFMC’s fully integrated EPCI solutions...Read more
More ro/ro, less breakbulk in port of Zeebrugge
ThroughputThe port of Zeebrugge has recorded a growth of 12.5% in the first semester of 2019. In total, the Belgian port handled 21.9 million tons of cargo. The growth is mainly attributable to the roll-on/roll-off traffics...Read more
Van Oord and TechnipFMC win large LNG contract in Mozambique
Oil&GasOffshore contractors Van Oord and TechipFMC have been awarded a large EPCI contract for Anadarko’s Mozambique LNG project. The total contract value exceeds USD 1 billion. Van Oord and TechnipFMC are contracted for the engineering, procurement,...Read more
The common interest of Trump, Xi and project carriers: LNG
Plant constructionA swift trade deal between the US and China could propel the US to the top of China’s LNG supplier list, shows a report from Morgan Stanley. That would be a win-win-win for Trump, Xi...Read more
First LNG cargo shipped from Shell’s Prelude project
LNGShell today announced that the first shipment of liquefied natural gas has sailed from its enormous Prelude FLNG production facility, that is located 475 kilometres North East of Broome in Western Australia, in a region...Read moreTrade war jeopardizes forecast wave of LNG shipments
ConstructionThe escalation of the trade war between the United States and China jeopardizes the construction of several mega LNG projects, likely postponing the forecasted wave of project cargo shipments that are needed to build the...Read more
Inoperable cranes ruin ESL’s experience with new LNG-powered vessels
CranesESL’s new LNG-powered flagship bulk carriers were unable to operate as planned during the first quarter due to serious technical issues with the cranes. According to the company’s parent Aspo Group, these problems are now...Read more
LNG “major boon” for EPC contractors and project carriers
ConstructionEPC contractors and project carriers can expect a rise in demand as final investment decisions are taken on the construction of a large number of new LNG plants. Over the next two years, almost 90...Read more
Boskalis wins 55 million dollar transport job
Heavy transportBoskalis has won a large contract for the transportation of LNG-modules for a North American export facility. The contract has a value 55 million US dollars with additional options for extensions, worth up to 30 million. The...Read more