HK Gets 1st Floating Storage And Regasification Unit
"); jQuery("#212 h3").html("
![Related News Programmes Related News Programmes](https://newsstatic.rthk.hk/frontend_images/images/headers/sub-headers/related_news_programe.png)
"); });
2023-04-14 HKT 12:54
Hong Kong's first floating storage and regasification unit vessel arrived in the city's waters on Thursday.
The vessel, named the Bauhinia Spirit, is part of a project by Hong Kong's two power companies aimed at improving natural gas supply and obtaining natural gas at competitive prices from the global market.
With a length of 345 metres and 263,000 cubic metres in volume, the Bauhinia Spirit is the world's largest vessel for receiving, storing, and converting liquefied natural gas (LNG) back to natural gas.
It is currently at the South Cheung Chau Anchorage and will sail and dock at the offshore LNG terminal east of the Soko Islands next week.
The offshore terminal is the first in Hong Kong to support energy transition and is scheduled to begin operating by the middle of the year.
PantherTrade And YAX Secure Hong Kongs First Crypto Licences Of 2025
Securities and Futures Commission (SFC) granted operational Hong Kong crypto licences to two cryptocurrency trading pla... Read more
Digital Payments In Hong Kong Soars But Bank Transfers Lead The Growth In 2024
Digital payments in Hong Kong grew significantly. In 2024, the use of digital payments for online transactions rose 9 p... Read more
Nuvei Acquires Paywiser In Japan To Power Next Ecommerce Growth Wave
Nuvei acquired Paywiser Japan Limited and its license from the Japanese Ministry of Economy, Trade, and Industry on 27 ... Read more
Fraud Prevention Strategies For 2025 To Combat Emerging Digital Threats
In 2025, fraud prevention strategies are non-negotiable. It’s a battle for trust. With cybercrime evolving at breakne... Read more
Alipay Tap! Expands To Macao, Now Accepted At Over 1,000 Merchants
Alipay Tap! in Macao was recently launched, enabling Alipay and Macau Pass to expand their partnership to bring it to m... Read more
ESG Fintech Startups Took The Spotlight At The Asian Financial Forum
Environmental, Social, and Governance (ESG) considerations have become central to global economic discussions and remai... Read more