Caturus Takes FID on Commonwealth LNG Project in Louisiana
Caturus has taken a final investment decision on its Commonwealth LNG export project in Louisiana after securing $9.75 billion in project financing for the 9.5 million tonnes per annum facility, with partners Mubadala Energy, Kimmeridge and CPP Investments.The companies said the financing supports construction of the LNG export terminal in Cameron Parish, Louisiana, with total commitments for the project reaching $21.25 billion.The Commonwealth LNG project is expected to begin…
bound4blue Targets LNG Carrier Market through Cryosafe Partnership
Spanish wind propulsion company bound4blue has signed a partnership agreement with LNG consultancy provider Cryosafe Services to support the application of its eSAIL wind propulsion technology on LNG carriers.The companies said they would collaborate on evaluating eSAIL integration and configuration options for LNG vessels, including operational factors such as vessel air draft, cargo operations, gangway entry and mooring line arrangements to ensure compliance with LNG terminals…
NYK Test Aims to Tame 'Methane Slip'
NYK has conducted its first onboard measurement in a demonstration test of a methane oxidation catalyst system for marine engines fueled by liquefied natural gas (LNG).This demonstration test is being carried out in collaboration with Mitsubishi Heavy Industries Marine Machinery & Equipment Co., Ltd. (MHI-MME), Mitsubishi Shipbuilding Co., Ltd. (MHIMSB), and DAIHATSU INFINEARTH MFG.CO.,LTD. (IE).The catalyst system has been installed on the LNG bunkering vessel KEYS Azalea, which supplies LNG fuel to LNG-fueled ships. The vessel is owned by KEYS Bunkering West Japan Co., Ltd.
EnergyPathways, ABP Partner on Energy Storage Project at Port of Barrow
EnergyPathways has signed a collaboration agreement with Associated British Ports (ABP) to evaluate the Port of Barrow in northwest England as a location for onshore facilities linked to its Marram Energy Storage Hub (MESH) project.The AIM-listed company said the MESH project, located in the Irish Sea, is expected to combine compressed air energy storage with natural gas and hydrogen storage using subsea salt caverns.According to EnergyPathways, the project has the potential to support up to 60 subsurface salt caverns and is targeted to begin operations in 2031…
Petronas Signs 20-year Charter Deal with MISC for Five LNG Carrier Newbuilds
Petronas LNG (PLL) has signed a 20-year time charter agreement with MISC Group for five newbuild liquefied natural gas (LNG) carriers as the Malaysian energy company strengthens long-term LNG supply capacity.The agreement covers five 174,000-cubic meter LNG carriers that will be built by Hudong-Zhonghua Shipbuilding in Shanghai, China, with charter commencements expected between 2029 and 2030.The vessels will feature XDF2.1 propulsion technology, shaft generators and onboard reliquefaction…
Iraq, Pakistan Secure Oil Shipments via Hormuz with Iran Agreements
Both Iraq and Pakistan have cut deals with Iran to ship oil and liquefied natural gas from the Gulf, according to five sources with knowledge of the matter, in a demonstration of Tehran's ability to control energy flows through the Strait of Hormuz.The U.S.-Israeli war with Iran has slashed energy exports from a region that normally supplies 20% of the world's crude oil and LNG. The U.S. has blockaded Iranian ports in recent weeks. And though Iran initially sought to halt traffic through the strait…
Qatari LNG Tanker Headed for Pakistan Successfully Crosses Strait of Hormuz
A second Qatari liquefied natural gas tanker successfully went through the Strait of Hormuz on Tuesday, days after the first such cargo crossed under an arrangement involving Iran and Pakistan, highlighting how cargoes are crossing the waterway on a case-by-case basis amid ongoing conflict risks.The vessel, Mihzem, with capacity of 174,000 cubic metres, departed Ras Laffan on Monday and crossed the strait on Tuesday, headed toward Port Qasim in Pakistan where it is expected to arrive later in the day…
UTC Overseas, Transoceanic Launch US Gulf Coast Logistics Joint Venture
UTC Overseas and Transoceanic Development have launched UTC Transoceanic (UTC Transo), a joint venture aimed at supporting the growing logistics needs of energy, power and industrial infrastructure projects along the U.S. Gulf Coast.Headquartered in New Orleans, the venture combines UTC Overseas’ project logistics and customs brokerage operations with Transoceanic Development’s regional infrastructure and port expertise in Louisiana.The companies said UTC Transo would focus on logistics support for large-scale projects including LNG developments…
LNG Supply Disruptions Drive Surge in Coal Shipments, BIMCO Finds
Coal shipments to Japan, South Korea and the European Union rose 27% year-on-year in April as tight gas supplies and disruption to LNG shipments prompted buyers to seek alternative fuel sources for electricity generation, shipping association BIMCO said.The increase came as the closure of the Strait of Hormuz disrupted LNG exports from the Persian Gulf and contributed to an 8% decline in global seaborne LNG shipments in April, BIMCO said.“In April 2026, coal shipments to Japan…
DNV’s Insight: 38 New Orders for Alternative-Fueled Vessels in April
According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 38 new orders for alternative-fueled vessels were placed in April 2026.The majority of these orders (20) were for LNG-fueled vessels. Eight of these were for vessels in the car carrier segment, six for container vessels, four for crude oil tankers, and two for cruise vessels.A further 14 orders were placed for LPG/ethane carriers.The remaining four orders were for ammonia-fueled vessels in the…
DOF to Build Four New Subsea Vessels for Petrobras Work
DOF Group has secured four 12-year charter and services contracts in Brazil following a competitive tender process, supporting Petrobras’ deepwater subsea inspection, maintenance and repair operations.The contracts will lead to the construction of four new remotely operated vehicle support vessels (RSVs), with operations expected to begin from 2030, DOF said.The vessels are expected to be built by Brazil’s Navship yard, with delivery of the first two planned within four years of contract signing.The newbuilds will be DP2-class vessels designed for deepwater operations…
Chouest Group Acquires Alliance Business from Helix Energy Solutions Group
The Chouest Group announced it has completed the acquisition of the Alliance business from Helix Energy Solutions Group. Alliance will be integrated into Champagne Energy Solutions (CES), expanding the Group’s offshore decommissioning and plug & abandonment (P&A) platform.The transaction builds on the recent formation of CES and advances the Chouest Group’s strategy to deliver fully integrated, end-to-end offshore solutions focused on late-life asset management and decommissioning.The combined platform will provide services including P&A…
US Government Scraps Two Offshore Wind Leases for Fossil Fuel Investment Pledge
President Donald Trump's administration said on Monday that it had reached a deal to end two more U.S. offshore wind leases in exchange for $885 million in pledged investments in domestic fossil fuels.The projects, one in the Atlantic and one in the Pacific, are managed by Ocean Winds, a joint venture between France's ENGIE and Portugal's EDP Renewables.The announcement comes a month after French energy giant TotalEnergies reached a similar agreement with the Interior Department to redirect $1 billion from offshore wind leases to U.S. oil and gas production.
ABS Signs Pact with Fleet Robotics on Maritime Robotics
The American Bureau of Shipping (ABS) and Fleet Robotics have signed a memorandum of understanding to collaborate on autonomous robotic systems for hull cleaning and inspection.The agreement, announced at Singapore Maritime Week, aims to support the deployment of robotic systems for vessel maintenance.“It is an honor to work alongside Fleet Robotics to advance autonomous robotic systems for the industry. This collaboration is about more than innovation, we are working to establish…
Golden Pass LNG Ships First Export Cargo from Texas Terminal
Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has loaded and shipped its first liquefied natural gas (LNG) cargo from its export terminal in Sabine Pass in Texas, marking a step toward full commercial operations.Golden Pass LNG expects to export about 18 million tonnes of LNG per year once the terminal is fully operational.Construction and commissioning of additional liquefaction trains are ongoing, with Trains 2 and 3 expected to come online following stable operation of Train 1.“Today’s first LNG export cargo is a defining moment for Golden Pass…
First LNG Export Cargo Departs Sabine Pass Terminal
Golden Pass LNG, a joint venture between QatarEnergy and U.S. oil major Exxon Mobil, said on Wednesday that the first cargo of liquefied natural gas has departed from its new Sabine Pass terminal in Texas.Shipping data showed that the vessel, Al Qa'iyyahal, had departed but it was not immediately apparent where the first shipment was headed. Reuters previously reported it was expected to go to Italy to make up for some of the contracted LNG QatarEnergy has not been able to deliver because of the U.S.-Israeli war with Iran."As we advance toward full commercial operations…
UK’s Portland Port Expands Services with LNG Transfer Capability
Portland Port in Dorset has been approved to carry out liquefied natural gas (LNG) ship-to-ship transfers, expanding its fuel handling capabilities.The port, which is already operational for oil and liquefied petroleum gas transfers, said the addition of LNG ship-to-ship operations enhances its service offering.“Our new STS licence means that we can now support LNG transfers directly at our port.“It will help reduce transit times and streamline operations for the LNG supply chain while providing access to a fully compliant and experienced marine infrastructure…
Golden Pass Texas Facility Ready for Inaugural LNG Export
An LNG tanker has arrived at the Golden Pass facility in Texas to collect the plant's inaugural export, the company confirmed on Monday, after finally beginning production earlier this year following prolonged delays in construction.The Al Qaiyyah LNG tanker arrived at Golden Pass on Monday, according to LSEG data. The ship is owned by QatarEnergy, which has a 70% stake in the Texas LNG plant. Oil major Exxon holds the other 30% of the project's equity.The Golden Pass project has faced delays and cost overruns since construction began in 2019…
Exmar Launches FSRU Conversion Work for Dutch LNG Terminal
Exmar said it has launched conversion works for a new floating storage and regasification unit (FSRU) to support the expansion of the EemsEnergyTerminal in the Netherlands.The move follows the signing of a conditional charter agreement covering both the extension of the existing Eemshaven LNG FSRU and a newly converted unit, with EemsEnergyTerminal expected to take a conditional final investment decision in the first half of 2026.Exmar said it has secured a dual-fuel diesel electric membrane LNG carrier for the conversion and has begun engineering activities…
Gazprom Delivers Second Post-Sanctions LNG Cargo to China
Russian energy giant Gazprom has delivered a second post-sanctions LNG cargo from the Baltic Sea's Portovaya plant to China, LSEG data showed on Wednesday.The small-scale Portovaya plant, which has a production capacity of 1.5 million tons of LNG per year, started operations in September 2022.Exports from the plant have been interrupted by additional U.S. sanctions over the Ukraine war that were imposed in January 2025 to disrupt Russia's ability to produce and export LNG and reduce its revenue from the trade.Gas carrier Valera…
CoreMarine, Jumbo Offshore Collaborate on Argentina FLNG Installation & Hook-up Project
CoreMarine & Jumbo Offshore have announced the award of a significant contract to perform the transport and installation of the soft-yoke (SSY) mooring systems, and hook-up of both the Hilli Episeyo FLNG and MKII FLNG vessels, in Argentina’s Golfo San Matías. The award represents a milestone for both companies as well as a breakthrough project for Argentina’s gas sector as it ramps up in export capabilities.The contract has been awarded by Southern Energy S.A. (SESA), supported by an international consortium comprising Pan American Energy, YPF, Pampa Energía, Harbour Energy, and Golar LNG.
Born into Maritime: John McDonald, Chairman & CEO, ABS
Many claim to have ‘saltwater in their veins,’ but all you have to do is walk into the corner office of John McDonald, the new Chairman and CEO of the American Bureau of Shipping (ABS), to see that him saying “I was born into maritime” is not hyperbole. The first thing that greets you is a Dusan Kadlec nighttime painting of the Brooklyn Bridge, a painting that has special meaning to him as he fondly remembers being on a boat in New York harbor in 1983, his father USCG Captain of the Port of New York at that time, watching the fireworks over the bridge for the celebration.
Northern Lights Adds Third CO2 Carrier to Expand CCS Network
The Northern Lights JV has added a third liquefied carbon dioxide (LCO2) carrier to its fleet, as it expands transport capacity for Europe’s carbon capture and storage (CCS) network.The vessel, Northern Phoenix, was formally welcomed in Bergen and will support the scaling of cross-border CO2 transport under the Northern Lights project.Designed to transport liquefied CO2, the ship will carry captured emissions from Yara to the Northern Lights receiving terminal in Øygarden, where…