LNG Vessel Concerns Prompt Town Council to Comment on USCG Rulemaking
Posted on Apr 7, 2011 in Federal Regulation, Marine Regulation, Regas Terminals & Capacity, State and Local Issues, Vessel Transportation | Comments Off on LNG Vessel Concerns Prompt Town Council to Comment on USCG Rulemaking
According to the Jamestown Press, the Jamestown, R.I., Town Council voted earlier this week to submit a public comment on the U.S. Coast Guard’s rulemaking proposal to establish an anchorage south of Brenton Point, R.I. Noting that the Federal Register notice of the proposed anchorage does not indicate if the anchorage will be used by LNG vessels associated with the planned...
Excelerate Energy Completes 100th Ship-To-Ship Transfer of LNG
Posted on Apr 6, 2011 in Technology, Vessel Transportation | Comments Off on Excelerate Energy Completes 100th Ship-To-Ship Transfer of LNG
Yesterday, Excelerate Energy announced that it has completed its 100th ship-to-ship transfer of LNG. According to the company’s media release, the transfer took place offshore Kuwait at the Mina Al-Ahmadi...
Golar LNG Plans U.S. IPO
Posted on Apr 4, 2011 in Financing, Vessel Transportation | Comments Off on Golar LNG Plans U.S. IPO
The Wall Street Journal offers details on the initial public offering planned by Golar LNG Partners LP, a global LNG shipping firm. Following the IPO, Golar LNG will be listed on the Nasdaq exchange under the symbol...
LNG Tanker Market Improving for Ship Owners
Posted on Feb 18, 2011 in Markets and Competition, Vessel Transportation | Comments Off on LNG Tanker Market Improving for Ship Owners
Bloomberg reports that the market for LNG carrier owners has increased dramatically this year, with average spot LNG tanker rates doubling to $70,000 per day.
European LNG Headlines
Posted on Feb 1, 2011 in Markets and Competition, Regas Terminals & Capacity, Vessel Transportation | Comments Off on European LNG Headlines
Egypt Unrest May Drive Up LNG Trading Costs for Asia, Europe (Bloomberg)
FERC Permits Cove Point LNG to Place North Vessel Berth in Service
Posted on Jan 14, 2011 in Federal Regulation, Regas Terminals & Capacity, Vessel Transportation | Comments Off on FERC Permits Cove Point LNG to Place North Vessel Berth in Service
Yesterday, FERC approved Cove Point LNG’s request to place its north berth in service, as modified during the company’s Pier Reinforcement Project. FERC’s approval is available in the Commission’s eLibrary under Docket No....