The cargo containment of an LNG  ship Membrane type has two 2️⃣ barriers, Primary Barrier and Secondary Barrier 🚧 .

The Secondary Barrier is to act as a temporary containment for any envisaged leakage 🚨 of liquid cargo from the Primary Barrier. It is designed to contain any leakage for a period of at least 1️⃣5️⃣ days.

This illustration shows the components of the GTT Mark III Cargo containment.

South Korea’s Hanwha Group has entered into a strategic memorandum of understanding (MoU) 🤝 with Canadian firm Fermeuse Energy to jointly advance the Newfoundland and Labrador liquefied natural gas (LNG) development project in Canada 🏭.

Hanwha will be a long-term strategic partner to Fermeuse Energy, supporting the project’s development, engineering, financing, shipbuilding, and LNG logistics across the full LNG value chain 💧, and will contribute its integrated global capabilities to the project, including conceptual studies and pre-FEED engineering 📕.

(C) Copyright Offshore Energy 2026

Danaos Corp, one of the world’s largest independent container ship owners, is expanding into the energy business with a 💰50m equity investment in a project to export LNG from Alaska.

Danaos is seeking profitable, alternative outlets for the 💰1bn cash pile that it has assembled during the container ship boom over the last few years.

(C) Copyright Tradewinds 2026

Japan’s Chiyoda Corporation has been awarded a front-end engineering and design contract 🤝 by QatarEnergy LNG for the North Field West (NFW) liquefied natural gas onshore facilities in Ras Laffan, Qatar 📍.

Middle East nation aiming to boost liquefaction capacity to 142 million tonnes per annum 💧

(C) Copyright Upstream 2026

With the arrival of two massive modules, Woodfibre LNG has made further progress in the construction of its operated 💰5.1 billion liquefied natural gas (LNG) export project under development in British Columbia, Canada 📍.

Woodfibre LNG in Squamish has welcomed two major modules, pretreatment and process utility 🏭, marking deliveries 13 and 14 and bringing construction to nearly 60% complete 📈 for a project that aims to make the world’s first net-zero LNG facility a reality.

(C) Copyright Offshore Energy 2026

Australian energy player Santos has confirmed the ongoing loading of the first liquefied natural gas (LNG) cargo 🥇 from its gas project off the coast of Australia’s Northern Territory. This LNG cargo is destined for Japan 🌏.

After BW Offshore’s FPSO BW Opal achieved first gas in September 2025 at the Santos-operated Barossa field offshore Australia, the FPSO continued with start-up and commissioning activities 📈 while ramping up gas export volumes, now at around 450 million standard cubic feet (mmscf) per day, which is around 75% of plant capacity.

(C) Copyright Offshore Energy 2026

LNG shipping is set to outpace new supply coming onstream in 2026 📈, with the market only due to tighten over the subsequent two years.

A FID was taken on eight different projects, which will add 80 plus mtpa of LNG 💧 to the market, with nearly 70% of that coming from the US.

(C) Copyright Tradewinds 2026

Ordering LNG carrier newbuildings is laden with risk in the current environment 🚨 where new money is flooding into the market.

LNG newbuildings are significantly more expensive and take longer to build 🏗, with little clarity on the useful life of vessels ordered today.

(C) Copyright Tradewinds 2026

Do you remember these three ships that made headlines last year ❓

North Moon, North Light, and North Ocean are a series of new-build Liquefied Natural Gas (LNG) tankers that gained international attention in 2025 🎯.

In may 2025, the vessels were included in the EU's 17th package of sanctions 🚨. The EU alleged they were supporting Russia's energy sector by transporting LNG from the Yamal LNG facility and performing ship-to-ship transfers near Murmansk 💧.

In July 2025, the EU de-listed all three tankers as part of its 18th sanctions package after MOL provided "firm and verifiable commitments" 🤝 that the ships would no longer transport Russian energy

The vessels are still at anchor in Batam, Indonesia waiting for orders ? No Charterer wants to hire them ? Are they insured ?

(C) Copyright Mustapha Zehhaf 2026

Seapeak has sold one of its remaining steam turbine LNG carriers for recycling 🏗, marking the first demolition sale for this ship sector in 2026.

The 138,000-cbm Seapeak Mars (ex-Seapeak Madrid, built 2004) has been sold on an ‘as is’ basis Malaysia 📍 for scrapping in India.

(C) Copyright Tradewinds 2026

LNG tankers divert from eastbound route as Europe premium widens 💰.

Traders are cashing in on higher gas prices in Europe against Asia, diverting at least two liquefied natural gas (LNG) tankers 🚫 that were initially eastbound towards Europe and Turkey in the past week

Asian LNG futures based on the benchmark S&P Global Energy Platts Japan-Korea Marker (JKM) price was at 💰11.22 per million British thermal units (mmBtu) last Thursday.

Meanwhile, the benchmark front-month contract at the Dutch Title Transfer Facility (TTF) hub closed at €38.22 per megawatt hour last Thursday, or 💰13.17 per mmBtu, boosted in recent days by cold weather and low storage levels 📉.

(C) Copyright Reuters 2026

Alpha Gas has resurfaced in the newbuilding market, placing an order for two 2️⃣ LNG carriers at South Korea’s Hanwha Ocean.T valued at 💰503m

The two LNG carriers are due for delivery in 2029 and will be fitted with the latest energy-efficient technologies 🏭, as owners continue to line up tonnage for longer-term LNG demand.

The latest deal marks Alpha Gas’ first LNG carrier order since 2018, when it placed a four-ship LNG newbuilding contract 🏗 at the Okpo yard under Hanwha Ocean’s former DSME name.

(C) Copyright Splash247 2026

China’s Shandong Marine Group is mulling an order for a series of LNG carriers from Jiangnan Shipyard, which are being lined up against charter contracts 🤝 with energy major Shell.

Shandong Marine is preparing to order four 4️⃣ 175,000-cbm vessels to be delivered between 2028 and 2029.

(C) Copyright Splash247 2026

GTT has received an order in the fourth quarter of 2025 from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of three 3️⃣ new Liquefied Natural Gas Carriers (LNGCs) on behalf of the Greek ship-owner Capital Clean Energy Carriers

Each vessel will offer a capacity of 174,000 m³ 💧 and will be equipped with cryogenic tanks featuring the Mark III Flex membrane containment system 🏢.

Delivery of the vessels is scheduled between the third quarter of 2028 and the first quarter of 2029 🎊.

(C) Copyright Marine Link 2026

A South Korean court has ordered state-controlled gas importer Kogas to pay shipbuilder Samsung Heavy Industries 💰203.9m in a row over an LNG cargo containment system that proved defective 🚨.

The Seoul Central District Court held Kogas responsible in a claim brought by SHI 🔴.

(C) Copyright Tradewinds 2026

Greek shipowner TMS Cardiff Gas appears to have inked an order for for four 4️⃣ 174,000-cbm LNG carriers plus options for two 2️⃣ more from Hudong-Zhonghua Shipbuilding in China

TMS Cardiff Gas currently manages an LNG fleet of 16 vessels 🚢.

(C) Copyright Tradewinds 2026

Vitol has prolonged its liquefied natural gas (LNG) sale and purchase agreement (SPA) with 🤝 Brunei Energy Services & Trading (BEST)

The SPA enables BEST to continue to supply Vitol with up to four 4️⃣ LNG cargoes per annum from 2028 through 2031, following the original agreement, signed in 2022 that established a supply of approximately 0.4 million tonnes per annum (mtpa) 💧 to the latter’s Asian operations over a five-year term.

(C) Copyright Offshore Energy 2026

Hong Kong-based shipowner Wah Kwong has welcomed to its fleet what it says is China’s first 🥇 dual-fuel methanol-powered bunkering vessel.

She completed her first ship-to-ship bunkering operation on January 21 at Yantian Port in Shenzhen, supplying 200 tons of green methanol 💧 to the container ship COSCO SHIPPING Carnation.

(C) Copyright Offshore Energy 2026

Union Maritime has taken delivery of the first 🥇 of two newbuild long-range (LR2) tankers equipped with liquefied natural gas (LNG) dual-fuel and wind-assisted propulsion solutions 🌪.

The firm described the vessel as the world’s first LNG and wind-powered LR2 tanker, which was built by Yangzijiang Shipbuilding Holdings 🏗.

(C) Copyright Offshore Energy 2026

🎥 How does an LNG carrier get converted into an FSRU?

In this Part 1 video, I break down how an LNG ship is transformed into a Floating Storage and Regasification Unit — covering the key technical changes and operational logic behind the conversion.

FSRUs play a critical role in fast-tracking LNG import capacity and energy security worldwide, and understanding how they work is essential for anyone in the LNG space.

👉 Part 2 is coming next week.

Northern Marine Management is looking for :

🎯 LNG Technical Superintendent

🌎 Glasgow

Requirements