Norwegian engineer develops cargo ship powered by wind and LNG
A new way of reducing fuel consumption, emissions and bunker expenses is being pursued by Terje Lade, managing director of the company Lade AS. He has designed the Vindskip™, a[…]
Tagged: lng vessel
Asian Development Bank helps build 800 natural gas stations in China
The Asian Development Bank (ADB) has signed loans of up to $450 million equivalent to help the People’s Republic of China (PRC) scale up its use of natural gas for[…]
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Containerships adds two dual fuel vessels and plans LNG truck fleet
The Finnish company has ordered two additional new, state-of-the-art, dual-fuel engine-technology container ships, which will be delivered during 2017. Earlier this year, it announced an order of two similar vessels,[…]
Ferus Smit builds first LNG-fueled ship to be used as cement carrier
The first unique LNG-powered vessel that Ferus Smit has on order for Erik Thun A.B. will be built and equipped as a dedicated cement carrier. It will be delivered to[…]
Wärtsilä will supply 50DF dual fuel engines to four Greek ship owners
The company has signed Technical Management Agreements with Maran Gas Maritime Inc, Dynagas Ltd, TMS Cardiff Gas Ltd and Thenamaris LNG Inc. All contracts cover a total of 80 Wärtsilä[…]
GDF Suez, Mitsubishi and NYK form joint venture to develop and operate world’s first LNG bunkering vessel
In a joint initiative to expand a global market for the LNG bunkering business, the three companies have signed a framework agreement to construct a bunkering vessel to form[…]
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ENERGY MONITOR
NGVs worldwide22.335.773Refuelling stations worldwide26.629NGV countries86Petroleum (WTI/USD)49.59Natural Gas (USD/MMBtu) / New York City Gate Spot4.23* updated on 02/03/2015
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