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Issue #589

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NVOCC and Freight Forwarder Review

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2014 Media Kit

Maritime

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June marks 50th anniversary launch of the first commercial liquefied natural gas tanker

AJOT | June 19, 2014 | Energy | Maritime | Liner Shipping

The world's first purpose-built liquefied natural gas (LNG) carrier, the Methane Princess, entered service 50 years ago, in June 1964. Since then, the global LNG carrier fleet has grown to include 357 ships, with an average capacity of 150,000 cubic meters of LNG per ship (approximately 3,300 million cubic feet (MMcf) of natural gas), more than five times larger than the capacity of the Methane Princess. Read More »

BP to sign $20 bln LNG supply deal with China’s CNOOC

Reuters | June 17, 2014 | Energy | Maritime | International Trade

Oil major BP will sign a deal worth around $20 billion later on Tuesday to supply China National Offshore Oil Corporation (CNOOC) with liquefied natural gas (LNG), BP Chief Executive Bob Dudley said at a conference in Moscow. Read More »

Ecopetrol seeks ULSD and jet fuel cargoes to buy for July

Reuters | June 16, 2014 | Energy | Maritime

Colombia’s state-run Ecopetrol has launched tenders to buy two 280,000-290,000 barrel cargoes of ultra low-sulfur diesel (ULSD) and a 251,000-255,000 barrel cargo of ULSD and jet fuel to be received in July, according to invitations seen by Reuters on Monday. Read More »

General Dynamics NASSCO to Construct an Additional Product Tanker for American Petroleum Tankers

PR Newswire | June 16, 2014 | Energy | Maritime | Liner Shipping

General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics, has entered into a contract with an affiliate of American Petroleum Tankers, a wholly owned subsidiary of Kinder Morgan Energy Partners, L.P., for the design and construction of an additional 50,000 deadweight ton LNG-conversion-ready product carrier with a 330,000 barrel cargo capacity. Read More »

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