##Expanding our LNG Imports
In 2012 we started a project to break the monopoly of Russian LNG Companies that were dominating our market and were able to overcharge us due to us not having an alternative to purchase from. This is from where the birth of the project came - a path for Independence from the Oil and Gas barons that were squeezing us economically. The job for the construction was given to a highly respected South Korean company - Hyundai Heavy Industries - which gave us a phenomenal ship making us the fifth country in the world to use FSRU technology for liquefied natural gas. However, this time our project is even bolder - we plan to fully provide all Baltic States as well as being able to export to countries like Finland, Poland and Belarus in the future with our LNG Carriers.
Due to the high quality and speed of construction, we will be once again contacting Hyundai Heavy Industries to and will be planning out a new class of LNG Carriers similar to the FSRU Independence which is currently in use by us and is supplying LNG to Lithuania & Estonia. Due to the fact that we plan to use this LNG Carrier for Exports, we will be changing up some of the features and the size of it accordingly:
Length - 318 m
Width - 51 m
Height along the Side - 28.2 m
Height along the Masts - 67.9 m
Draft - 13.8 m
Tonnage - 88,418 DWT
Four Membrane Tanks - GTT Mark III Type
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1st Tank - 34,240 m³
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2nd to 4th Tanks - 52,241 m³
Total Capacity - 190,963 m³
Propulsion - 2x Prototype Dual-fuel Engines
Speed - 17 Knots
Crew - 50 Sailors
Construction Costs - 380,000,000 $
###A New Engine - The Green Bison
With the world turning towards clean energy it is a logical step to try and decrease the emissions that are coming from the vessels we will be creating. This is why we are proposing a joint project between the Baltic company "Baltica International" and the South Korean company "Hyundai Heavy Industries" to create a low-speed low-pressure dual-fuel engine that would be used and manufactured in the countries involved. Thanks to an Estonian company that owned "OÜ Wärtsilä BLRT", which passed onto
... keep reading on reddit ➡Berkshire Hathaway’s JAX LNG and TOTE Services recently completed their first ship-to-ship liquefied natural gas (LNG) bunkering of a foreign-flagged vessel at the Jacksonville Port Authority (JAXPORT).
Crews loaded 1,800 m3 (~450,000 gallons) of LNG from North America’s first LNG bunker barge, the Clean Jacksonville, to the LNG-powered vehicle carrier, Siem Confucius, at JAXPORT’s Blount Island Marine Terminal.
In preparation for the bunkering, JAX LNG worked closely with TOTE Services to utilize the Clean Jacksonville while also gaining acceptance from the U.S. Coast Guard to perform the bunkering during all potential cargo loading conditions.
After loading at the JAX LNG facility, the Clean Jacksonville maneuvered alongside Siem Confucius to perform the milestone fuel transfer.
The 7,500-car-capacity Siem Confucius and its sister ship, Siem Aristotle, are Liberian-Registered and regularly call on JAXPORT to unload factory-new Volkswagen Group of America cars and SUVs.
Berkshire hathaway and JAX LNG
JAX LNG, LLC is a joint venture between Berkshire Hathaway’s Pivotal LNG, a subsidiary of BHE GT&S, and NorthStar Midstream, operating a 120,000 gallon per day LNG plant with 2 million gallons of storage in Jacksonville, Florida.
The LNG facility was constructed to bring liquefied natural gas to the southeast U.S. and Puerto Rico.
Berkshire Hathaway acquired its stake in the facility as part of its $9.7 billion acquisition of Dominion Energy’s natural gas transmission and storage business in 2020.
I was wondering if companies that ONLY do LNG shipping are affected by the actual natural gas price. As you know, it's been dropping quite hard recently as if there was no bottom in sight.
I think there is value in those LNG carriers as demand for Asia is quite huge.
Thanks!
What is it and what do they do exactly? I'm a bit curious. How are they any different from your typical marine engineer/s on board?
What capacity are lng ships? Is their cargo mass, energy or volume based? From what I can find a normal one is about 3.5 PJ but I’m not sure that is how they define their capacity. Any help?
