World First: Large RO/RO Ship Converting to LNG Fuel
This story is not about the Marcellus/Utica per se, but it’s cool nonetheless and we think you’ll find it interesting. In June we told you that Carnival Corp. had ordered up four new megaship cruise liners that will be powered by liquefied natural gas (LNG)–a first for cruise ships (see Carnival Orders LNG-Powered Cruise Ships + Jim’s Cruise from Hell). A second type of large ship is following suit. Totem Ocean Trailer Express (Totem Ocean), located on the Left Coast (Tacoma, WA), announced yesterday it has signed a contract to convert a “roll-on/roll-off” or RO/RO ship to burn liquefied natural gas (LNG). This is the world’s first major conversion of a large RO/RO vessel to LNG. The work will begin in December and is expected to be completed in 90 days. Is LNG set to take the shipping world by storm?…
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MDN invites you to join us in attending RBN Energy’s “State of the Energy Markets” one-day event in New York City on July 23. Before you hurry to say “yes,” a few caveats. It costs money (a lot of it). It’s aimed at executives working in the industry, as well as traders and investors. If that describes you (and we know that many of you read MDN), you may be interested in attending. We guarantee it will be a great event. Rusty Braziel & company will provide an overview of the key issues facing natural gas, NGLs and the crude oil market. They will explain how the markets for those three commodities interact and affect each other. They will also take a look at prices, where they may be heading, and how infrastructure affects price. If you are really “into energy” as we are, this is a must attend event. Details are below, along with a link to register…