lng carriers

S. Korean shipyards perform well as LNG carrier orders increase

South Korean major shipyards have shown decent performances during 2018, as orders for LNG carriers are increasing. Namely, until now 52 orders for LNG carriers had been made, with Hyundai Heavy Industries, Daewoo Shipbuilding and Marine Engineering and Samsung Heavy Industries leading the way.

Specifically, Daewoo Shipbuilding and Marine Engineering Co. and 13 for Samsung Heavy Industries Co. have made 14 orders concerning LNG carriers. According to Yonhap, the orders that were submitted during...

https://safety4sea.com/s-korean-shipyards-perform-well-as-lng-carrier-orders-increase/

Fines on LNG carriers for cargo shortages in India

According to the North P&I Club, India is imposing customs fines on LNG carriers for cargo shortages upon discharge at ports in Gujarat. These fines allege a cargo shortage when a vessel does not discharge the entire quantity of LNG cargo detailed on the bill of lading.

Namely, the authorities approach the ‘shortage’ as a way to decrease the amount in customs duty that would have been, on the other hand, relevant for the full bill of lading quantity. In addition, North P&I Club supports that the...

https://safety4sea.com/fines-on-lng-carriers-for-cargo-shortages-in-india/

China launches trial project for LNG shipment

A feeder container ship loaded with 130 LNG tank containers sailed from the Port of Yangpu of Hainan Province to the Port of Jinzhou in November. This is part of an LNG trial project; China’s first-ever attempt to transport the surplus capacity of Hainan terminal to its northern part via LNG tank containers.

Namely, the transmit of LNG is an innovation for China and it’s a project approved by China’s National Development and Reform Commission, National Energy Administration and Ministry of...

https://safety4sea.com/china-launches-trial-project-for-lng-shipment/

Flex LNG expects a tight LNG shipping market ahead

Norwegian LNG shipping company Flex LNG expects a tight LNG shipping market in the years to come, driven by strong demand and new LNG supply coming on stream. The Olso-based shipper has four LNG carriers on the water and nine under construction for delivery from 2019 to 2021, Reuters reported.

Flex’s LNG shares showed an increase by 11% on a favourable outlook and after it waved from a Q3 profit after a loss in the prior quarter, today owns 4 LNG carriers and 9 under construction.

After achieving...

https://safety4sea.com/flex-lng-expects-a-tight-lng-shipping-market-ahead/

First Yamal LNG cargo shipped to China through NSR

Russian natural gas major Novatek announced, through its wholly owned subsidiary, Novatek Gas and Power Asia Pte. Ltd., that it has shipped its first LNG produced cargo from the Yamal LNG project to China National Offshore Oil Corporation (CNOOC), through the Northern Sea Route, as part of its plans to expand customer base in China.

The LNG cargo was delivered to Fujian LNG Terminal in China via the Northern Sea Route by an Arc7 ice-class LNG carrier in 20 days. The Northern Sea Route part was...

https://safety4sea.com/first-yamal-lng-cargo-shipped-to-china-through-nsr/

Watch: LNG vessel ran aground in Crete

Gaslog Saratoga, a Bermuda flagged LNG vessel, grounded on the 10th of November on Dermata bay in Heraklion, Crete. The coastguard came to the rescue to help all the crew members immediately. Heraklion’s Hellenic Coastguard commanded the non departure of the LNG vessel until it was given a class certification addressing its security to sail.

The LNG vessel, Gaslog Saratoga, began its voyage from Sabine Pass Port, USA and was heading to Turkey carrying 150.080 M3 LNG. The grounding of the vessel,...

https://safety4sea.com/watch-lng-vessel-ran-aground-in-crete/

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