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MOL Takes Delivery of Third LNG Carrier for Cameron LNG Project
Japanese shipping major Mitsui O.S.K. Lines (MOL) has taken delivery of Marvel Pelican, a 155,000 cbm liquefied natural gas (LNG) carrier, from compatriot shipbuilder Kawasaki Heavy Industries (KHI).
Prior to its delivery, the ship was named at KHI s Sakaide Shipyard on November 19.
As informed, the 300-meter-long Marvel Pelican is the third of the three newbuilding LNG carriers that will sail under charter contracts signed with Mitsui & Co. in September 2014 and January 2015. The vessels will mainly transport LNG from the Mitsui & Co.-backed Cameron LNG project in the U.S. state of Louisiana.
The 128,917 GT ship is designed to enable passage through the newly expanded Panama Canal and is equipped with four LNG tanks.
According to MOL, the Panama-flagged Marvel Pelican features a dual fuel diesel electric (DFDE) propulsion system which achieves heat efficiency and is more environmentally friendly.
Freeport LNG Train 1 Begins Commercial Ops
Freeport LNG commenced commercial operations for its first liquefaction train on December 8, 2019.
Freeport s Train 1 is part of a multi-train liquefaction facility located on Quintana Island near Freeport, Texas.
"This is a significant milestone for Freeport LNG and we now look forward to commencing commercial operations of Trains 2 and 3," Michael Smith, Founder, Chairman and CEO, Freeport LNG, commented.
"The past few months have brought significant accomplishments for Train 1 of the Freeport LNG project-starting with introduction of feed gas in July, first liquid in August, shipment of first cargo in September and now commercial operation," Mark Coscio, McDermott s Senior Vice President for North, Central and South America, said in a separate statement.
As informed, commissioning work for Freeport LNG s Train 2 continues to progress with commercial operations expected to start in January. Construction on Freeport LNG s Train 3 is nearly complete with commercial operations expected in May 2020.
Freeport LNG s three trains are expected to produce in excess of 15 mtpa. A fourth train is in development.
In September this year, Freeport LNG Development said it had raised up to 1.025 billion for its Train 4 project which, combined with a contemplated bank facility, will provide the capital required for the fourth train. According to the company, final investment decision for Freeport LNG s Train 4 is targeted for the first quarter of 2020.
When Train 4 becomes operational, Freeport LNG will rank as the 8th largest LNG facility globally.
Freeport LNG Development was formed in 2002 to develop, own and operate an LNG terminal on Quintana Island. The terminal started LNG import operations in June 2008.
Freeport LNG s limited partnership interests are ultimately held by Michael Smith, Global Infrastructure Partners, and Osaka Gas.
ABB to Power Genting s Universal Class Cruise Ships
Technology company ABB has secured a EUR 157 million (USD 175.5 million) contract to supply power, propulsion and digital solutions for Genting Hong Kong s six next-generation cruise vessels.
Genting will operate the six Universal Class ships for global hotel brands who want to enter the cruise industry but are facing constraints related to most shipbuilding slots being occupied at present.
To be built by Genting-owned shipbuilder MV Werften, the ships will feature a gross tonnage of 88,000 tons and a capacity of 1,000 to 4,000 passengers. They are due for delivery in 2023-2024.
The new vessels will be designed to "the highest safety and environmental standards" and will be powered by ABB s Azipod electric propulsion, ABB said.
Specifically, each of the 286-meter vessels will be propelled by twin Azipod units, with a combined power of 30 MW, and will run on low-emission liquified natural gas (LNG). The propulsion system, where the electric drive motor is in a submerged pod outside the ship hull, can rotate 360 degrees to increase maneuverability and operating efficiency. Due to minimal noise and vibration, it is also said to improve passenger and crew comfort.
"These vessels represent the next generation of cruising with their high flexibility, sustainable profile and highest safety and efficiency standards. ABB s Azipod electric propulsion Ö has been a natural choice for these vessels," Gustaf Gronberg, Executive Vice President, Marine Operations & Newbuilding, Genting Hong Kong, commented.
"With these vessels, we enter a new era of sustainable cruising, and we are pleased to collaborate with ABB, who through the years have proven to be a reliable solution provider enabling us to deploy advanced technology that defines the future of cruising," Peter Fetten, President and CEO of MV Werften, said.
Genting Hong Kong sea-based businesses include Star Cruises, Dream Cruises, and Crystal Cruises, along with German shipyards MV Werften and Lloyd Werft.
SBM Offshore Inks FPSO Sepetiba Deals with Petrobras
Amsterdam-based oil and gas specialist SBM Offshore has signed contracts with Petroleo Brasileiro S.A. (Petrobras) for the 22.5-year lease and operation of the floating production storage and offloading unit (FPSO) Sepetiba.
These contracts follow the signing of the binding letter of intent (LOI) unveiled in June 2019.
Wellard Shrinks Debt with the Sale of MV Ocean Shearer
Australia s largest livestock exporter Wellard Limited is on track to complete its recapitalization program having secured a term sheet to sell the MV Ocean Shearer.
One of the main reasons behind the sale of the giant vessel has been its underutilization, according to Wellard Executive Chairman John Klepec.
EPIC Midstream Marks 1st Crude Oil Shipment from Its Port of Christi Terminal
Houston-based EPIC Midstream loaded its first shipment of crude oil from the IGC marine terminal located in the Inner Harbor of the Corpus Christi Ship Channel.
The IGC terminal, formerly the International Grain Port Terminal, was repurposed by EPIC beginning in June 2019 to enable it to export crude oil while EPICís larger export terminal is still under construction.
SEA\LNG Makes Case for LNG as Fuel for VLCCs
Running a newbuild 300,000 DWT VLCC on LNG on the Arabian Gulf to China trade route would have a strong return on investment when compared to other alternatives currently available and scalable to the shipping industry, a new study finds.
The study was conducted by simulation and analytics expert Opsiana, commissioned by SEA\LNG, a UK-based multi-sector industry coalition aiming at accelerating the adoption of LNG as a marine fuel.
Colombo Dockyard opens new branch at Hambantota Port for shipbuilding and ship repairing
Colombo Dockyard, the largest and oldest ship building company in Sri Lanka, attached to the Colombo International Port, has opened a new branch at Hambantota International Harbor today (10).
Colombo Dockyard inked the agreement with Hambantota International Port Group (Private) Ltd (HIPG), to open an office at the HIPG Maritime Centre on the 1st of November 2019.
Port cities must connect to enable smarter shipping practises or face climate crises alone, reveals new SEA20 study
A new study by SEA20 suggests that international collaboration between maritime cities is a political necessity to make shipping more connected and sustainable, and that creating an environmentally friendly maritime infrastructure will in turn become a critical interest for city leaders. Key marine cities are in the process of forming SEA20, a network of cities to lead sustainable maritime development and become the urban voice towards international regulation.
Tanzania: TPA Eyes Efficiency in New Ports Plot
The Tanzania Ports Authority (TPA) is planning to categorise and classify all its existing ports, a process that will enable the authority to have regional and district terminals in areas with major water bodies.
TPA Director General, Engineer Deusdedit Kakoko, speaking to reporters here on the performance and future plans of the Authority, expressed the authority s determination to unlock potential that has been unexploited for years following the collapse of the marine transport in the country, especially in major Lakes.
Competition Regulator Sues Port Operator Over Alleged Misuse Of Market Power
An alleged attempt by near-monopoly port operator TasPorts to block a new company from providing towage and pilotage services in competition with its own marine services offerings is at the heart of a legal action by the Australian Competition & Consumer Commission (ACCC).
Rotterdam Port Fund invests in Fleet Cleaner
The investment fund Rotterdam Port Fund has acquired a stake in Fleet Cleaner, a Delft based company that removes algae that has accumulated on vessels hulls by using in-house developed robots. The participation of the Rotterdam Port Fund enables Fleet Cleaner to continue growing by offering its services internationally.