Floating News


LNG Bharat to Roll Out FLNG Terminal

Dec 23, 2015

LNG Bharat Private Ltd is setting up a floating LNG Floating Storage Unit (FSU) with a capacity of 5 million tonnes per annum at Krishnapatnam port in Nellore district the Hindu Businessline reports quoting J. Murthy, the Managing Director…

Floating LNG Plant Proposed for Saanich Inlet

Aug 21, 2015

The Malahat First Nations and Steelhead LNG plan for a floating natural gas liquefaction plant proposed for the waters of the Saanich Inlet.  The Mill Bay-based Malahat First Nation and Vancouver-based Steelhead LNG have entered into a…

Bechtel to Design America's First FLNG

Aug 06, 2015

The first U.S.-based  floating liquefied natural gas vessel (FLNGV) moved closer to reality after engineering giant Bechtel agreed to design and engineer the project. Bechtel has been selected by Delfin LNG, a wholly-owned subsidiary of Fairwood Peninsula Energy…

Croatia Mulls LNG Facility

Jul 12, 2015

A floating terminal for liquefied natural gas (LNG) in Croatia would lower energy prices both for households and the business sector, Croatian President  Kolinda Grabar-Kitarovic said. The country’s key energy project is still the liquefied natural gas terminal on the Island of Krk…

Hoegh LNG's Bond Issue

May 29, 2015

Hoegh LNG (HLNG) has successfully completed the issuance of a USD 130 million senior unsecured bond in the Nordic bond market with maturity date expected to be 5 June 2020. The bond issue will be swapped from floating to fixed interest rate…

Offshore Oil & Gas: Floating Production Market a Bright Spot

May 13, 2015

Despite industry gloom about the offshore market, orders for production floaters continue to flow.  Over the past few weeks a speculatively-ordered FLNG found use off Africa, negotiations began to convert a third LNG carrier to an FLNG, an FSRU…

Floating Storage Picks Up

May 11, 2015

Surprisingly, it seems that the use of VLCCs for floating storage has increased in recent weeks, says a report by Poten & Partners  Information about the ships reveals that about every third vessel on charter contract earlier this year is now being used for floating storage…

Hyundai to Build LNG Regasifying Ship for Gazprom

May 01, 2015

South Korea's Hyundai Heavy Industries has won the Gazprom Flot tender for the construction of the Kaliningrad floating LNG terminal, Gazprom said. It will build a floating liquefied natural gas terminal in the western Russian city of Kaliningrad for $295 million…

Floating LNG Regasification is Used in Smaller Markets

Apr 28, 2015

According to the latest research from the US Energy Information Administration (EIA), floating LNG (FLNG) regasification is being used to meet rising natural gas demand in smaller markets. Floating regasification is a flexible, cost-effective way to receive and process shipments of LNG…

5th Floating Accommodation for Lerwick

Apr 26, 2015

A further accommodation ship, Ocean Atlantic, is due at Lerwick on Monday 27 April 2015 and is on its way from Portland in Dorset.As with the other floating accommodation at the port, Petrofac will use it for workers constructing the Shetland Gas Plant project…

H-Energy to Build Floating LNG Terminal in West Bengal and Canada

Apr 25, 2015

Business Standard reported that real estate developer Hiranandani Group plans to set up a INR 2,400 crore floating LNG import terminal off Haldia, West Bengal and supply imported gas to users as far as Paradip in Odisha. H-Energy Pvt Ltd…

Lack of Ship Definition is a Threat to Investors

Mar 27, 2015

AKD says the lack of an unambiguous term to describe a ‘ship’ in several jurisdictions represents a potential threat to asset security for financiers, particularly in the offshore and renewable energy sectors.AKD partner Haco van der Houven van Oordt says…

MOL Joins Project to Mark Anniversary of Japan, Brazil Treaty

Feb 18, 2015

Mitsui O.S.K. Lines, Ltd. today announced that MOL cooperated in the transport of the “Tachinepta” float (*1) Samba Carnival (*2) Components of the float, weighing about 5 tons in all, were placed into 15 containers and loaded aboard an MOL-operated containership…

Fukushima Offshore Floating Wind Farm Update

Oct 31, 2014

A consortium has been participating in an experimental offshore floating wind farm project sponsored by the Ministry of Economy, Trade and Industry since March 2012.  Preparatory works for the installation of the 7MW oil pressure drive-type…

KBR, Daewoo win Eni FLNG FEED

Oct 18, 2014

KBR Inc. announced today that the KD Consortium, consisting of KBR and Daewoo Shipbuilding & Marine Engineering Company, Ltd, has been awarded a front end engineering design (FEED) contract by Eni East Africa SpA for a floating liquefied…

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