J.P. Morgan Global Alternatives, in cooperation with Havfram AS, has signed a letter of intent with CIMC Raffles in China to build a series of new generation wind power installation vessels. The wind power installation vessel ordered this t

On November 18, China Merchants Industry and CNOOC Energy Technology Services Limited signed a ship hull construction contract worth 2.41 billion yuan for Lufeng 12-3 oilfield FPSO project. Lufeng 12-3 Oilfield FPSO is a 100,000-dwt FPSO su

In no less than 62 hours of rigorous offshore testing, tech scale-up Seaqualize successfully completed offshore trials for its inline Active Heave Compensator (iAHC), the Delta600. Together with testing partners Van Oord and nautical resear

On November 18, Chinas largest174,000m3 LNG-FSRUTRANSGASFORCEbuilt by Hudong Zhonghuafor CSSC(Hong Kong)Shippingwaschristened and will be delivered in the near future. The delivery period is 5 months ahead of the contract period. This ship

China is expected to attract more international energy suppliers with its burgeoning natural gas demand to set a record this year, as the domestic economy has emerged from the COVID-19 pandemic faster than expected and the government is on

GTT announces that it has received, in October 2021, an order from its partner the Chinese shipyard Hudong-Zhonghua Shipbuilding (Group) Co. Ltd. (HZ) for the tank design of a new LNGC on behalf of the leasing entity of the Chinese CSSC Gro

After a pandemic slowdown last year, Chinas demand for gas appears to have returned stronger than before. In H1 2021, Chinas gas demand saw a 16% year-on-year increase, led by strong power and industrial demand. Underperforming hydropower i

The major oil and gas companies in China, the worlds largest natural gas consumer, are increasing their overseas gas supply to ensure a steady supply of power this winter. China Petroleum and Chemical Corp, also known as Sinopec and the wor

The first LNG bunker vessel to be based in France has been officially named Gas Vitality, at a ceremony held today at Hudong-Zhonghua Shipbuilding, China. The 18,600-m newbuild bunker vessel is TotalEnergies Marine Fuels second collaboratio

Following the signing of orders for 14 sets of fuel tanks with customers such as Hoglund in Norway, Mitsubishi Shipbuilding in Japan, Samsung Heavy Industries in South Korea in August, Watts Energy continues to focus on the marine LNG fuel

During recent days, CIMC Raffles signed4 firm 7000 CEU PCTCs EPC Contract plus multiple options with Monaco based internationalshipping enterprise, Zodiac Group. This is a new step for CIMC Raffles in the PCTCvessel segment, which enhanced

GTT has been chosen by its partner the Korean shipyard Hyundai Heavy Industries (HHI) to design the cryogenic fuel tanks of two liquefied natural gas (LNG) fueled container vessels. The two new vessels, each with a capacity of 15,600 contai

CDB Leasing announced on October 13, 2021 that it intends to purchase two LNG carriers through a wholly-owned special purpose company for a total cost of $248 million. One LNG carrier was purchased from GAS-ten Ltd at a price of $128 millio

AET, a leading owner and operator of maritime transportation assets and specialised services, completed its first ever LNG bunkering in the US, working in coordination with Shell to refuel the LNG dual-fuel Aframax tanker Pacific Ruby outsi

On October 8, Nantong CIMC Sinopacific Offshore Engineering, a subsidiary of CIMC Enric, delivered the first 7,500m3 LNG carrying and bunkering ship to Avenir in Zhoushan, Zhejiang province. The vessel has a total length of 115.8 meters, a