Avenir scores LNGC charter deal [Shipping]
Small-scale LNG transport specialist under Stolt-Nielsen Gas, Avenir LNG, turns out to have signed a charter contract with Malaysia's state-owned energy provider Petronas for its first 7,500 cbm LNG carrier, cooperating with Malaysia's state-owne...
2019-10-07 08:36:05
"Introduction of LNG fuel reaches tipping point" [Shipping]
An industry expert forecasted that there will be an increase in orders for LNG-fueled ship, as well as the number of eco-friendly vessels. Stephen Gordon, Managing Director at Clarksons Research, said LNG's presence is growing bigger as fuel f...
2019-10-07 08:30:41
KOBC-KB to give shipping finance supports [Finance]
The Korea Ocean Business Corporation (KOBC) and KB Kookmin Bank entered into an agreement in Busan Metropolitan City, Korea, on September 26 for mutual cooperation in investment and finance sectors, with the goal of securing competitiveness in sh...
2019-10-07 08:30:12
H&W catching the second wind after all [Shipbuilding]
Distressed Belfast-located yard Harland and Wolff (H&W) found the new owner, who want it to focus on some new businesses such as FSRU.   London-located infrastructure investor InfraStrata announced on October 1 that it signed a prelimi...
2019-10-04 16:18:03
HHI CEO lists challenges and visions [Shipbuilding]
HHI CEO Han Young-seok pointed out several future elements that might decide the fate of shipbuilding players in his recent speech.   On September 1 in a speech at the University of Ulsan, he described the shipbuilding as a ‘knowledge-ba...
2019-10-04 15:51:48
KSEO posted suspended operation at HSHI [General]
Korean shipbuilding giant Korea Shipbuilding & Offshore Engineering (KSOE) posted on October 2 through a regulatory filing that its subsidiary yard Hyundai Samho Heavy Industries (HSHI) suspended production due to a strike. The production ...
2019-10-04 15:03:50
COSCO won two MR tankers [Shipbuilding]
Dalian Shipyard under COSCO Shipping Heavy Industry (CHI) has won two MR tankers from COSCO Shipping Energy Transportation (CSET). The pair, 49,900-dwt tankers worth a total of $67.8m, are slated for delivery in September 2021. It is said t...
2019-10-04 14:28:03
Energean FPSO launched at COSCO Shipyards [Offshore]
Energean Oil and Gas plc (LSE: ENOG, TASE: אנאג ,(the independent gas and oil exploration and production company focused on the Mediterranean, is pleased to announce that the Energean Power FPSO hull has undocked and floated out from the COSC...
2019-10-04 10:51:58
UECC goes for third battery hybrid LNG PCTC [Shipbuilding]
Close on the heels of their call for two new battery hybrid LNG PCTCs, UECC has confirmed an option with China Ship Building Trading Co., Ltd and Jiangnan Shipyard Group Co. Ltd. for a third battery hybrid LNG vessel, this time slated for UECC’...
2019-10-04 10:49:34
Hydrogen production takes system to new levels [Offshore]
Putting the brakes on climate change and meeting the challenges of the energy transition is now more urgent than ever. An experienced team of energy experts from Tractebel Engineering GmbH and offshore engineers from Tractebel Overdick GmbH are...
2019-10-04 08:57:22
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