Daily Archives: October 20, 2020

Pilot LNG, GAC ink LNG supply HoA

By Adnan Bajic Texas-based Pilot LNG executed a Heads of Agreement with GAC Bunker Fuels (GAC) for the supply of LNG as a marine fuel. Courtesy of Pilot LNG The liquefied natural gas will be supplied from Pilot LNG’s Galveston bunker port terminal project, which will be the first dedicated LNG bunker terminal in the…

Wärtsilä bags tech order for ethane-fueled VLECs

By Adnan Bajic The Finnish technology group Wärtsilä has been contracted to supply the cargo handling and fuel supply system for two new 98,000 cbm Very Large Ethane Carriers (VLEC). Illustration of a very large ethane carrier (Courtesy of Wärtsilä) The vessels are being built at the Samsung Heavy Industries (SHI) shipyard in South Korea,…

Exmar settles Tango FLNG dispute with YPF

By Adnan Bajic Belgium’s Exmar, the Nicolas Saverys-led shipowner, has finally settled its dispute with YPF over the Tango FLNG deal. The post Exmar settles Tango FLNG dispute with YPF appeared first on Offshore… … Read Full Article Here For more great articles: Offshore Energy Today

Saga Tankers rebrands, invests in renewables

By Jasmina Ovcina Norwegian shipping company Saga Tankers has moved into the renewable energy sector with a new investment into a hydrogen fuel company. As part of the renewable energy strategy, the company will divest non-core assets and change its name to Saga Pure ASA. The company has appointed Bjørn Simonsen as Chief Executive Officer…

Squadron takes full control of Port Kembla LNG project

By Adnan Bajic Squadron Energy, led by the Australian billionaire Andrew Forrest, has taken full control of the Port Kembla LNG project. Courtesy of AIE To remind, the project was proposed by Australian Industrial Energy (AIE), a company formed by Squadron Energy and Japan’s Marubeni Corporation and JERA. Under the new agreement, Squadron Energy has…