MOL's LNG-fuelled tugboat Ishin marks 100th LNG bunkering
MOL's LNG-fuelled tugboat Ishin marks 100th LNG bunkering
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Natural Gas News
MOL's LNG-fuelled tugboat Ishin marks 100th LNG bunkering
Summary
The tugboat, owned by MOL and operated by its subsidiary Nihon Tug-Boat Co., has been in service since 2019. [Image: MOL] by: Shardul Sharma
Mitsui O.S.K. Lines (MOL), a Japanese shipping company, announced on July 12 that its LNG-fuelled tugboat, Ishin, h...
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.