Alternative Fuels GreenPort

The Platts Japan/Korea Marker (Platts JK) says that the price of spot LNG for October has gained 19.8%, indicative that prices may be on the rebound.

A grant worth €65.2m is being used to build three LNG terminals in Finland that are expected to help significantly reduce the industrial use of fuel oil and LPG in the country.

The draft International Code of Safety for Ships using Gases or other Low flashpoint Fuels (IGF Code) and proposed amendments to make the code mandatory under SOLAS have been approved by the…

Dutch company, Falck Risc, is uniting with the United Fire Department to carry out an LNG safety study, commissioned by the European Union (TEN-T) as part of the LNG Masterplan Rhine-Main Danube.

Emirates Classification Society TASNEEF has signed a Memorandum of Understanding (MoU) with Drydocks World and Dubai Maritime City (DMC) to provide classification services for an LNG-powered tug.

Bureau Veritas is to class an LNG bunker vessel being built by Koreas Hanjin Heavy Industries, under an agreement between Japans NYK and Mitsubishi and Frances GDF Suez.

The commercial intelligence specialist for the energy, metals and mining industries, Wood Mackenzie says that by 2020, Malaysia has the potential to be the largest supplier of flexible LNG to the global…

International shipping consultancy, Drewry, says that continuing weak demand and excess tonnage will depress LNG shipping earnings in the short term.

Wärtsilä has upgraded its fully integrated fuel gas handling system, LNGPac, and made improvements to its Gas Valve Unit (GVU) as the use of LNG as a marine fuel becomes increasingly popular.