Worley awarded 2 MSAs by Total
Worley unveiled on February 20 that it has been awarded two master service agreements (MSAs) by Total E&P Mozambique Area 1 Limitada (Total) to provide services to the Mozambique LNG Project. Under the MSAs, Worley will provide in-an...
Odfjell makes fleet renewal efforts
While chemical tanker rates are on increase in global shipping market, Odfjell SE makes fleet renewal efforts. The Norwegian chemical tanker operator has recently revealed its 4Q (2019) business results, noting that the company inked a l...
Signing of LNG transit agreement
Hiroshima Gas Co., Ltd. (President: Kensuke Matsufuji, "Hiroshima Gas"), Tokyo Gas Co., Ltd. (President: Takashi Uchida, "Tokyo Gas"), and Tokyo LNG Tanker Co., Ltd. (President: Satoshi Tanazawa, "Tokyo LNG Tanker") jointly announced on February ...
Korea establishes bunkering joint venture
It turned out that the Korea Gas Corporation (KOGAS) and Korea Line signed with together Joint Venture Agreement (JVA) to jointly participate in 18,000-cbm LNG bunkering charter business for supplying clean fuel oil. Energy major Royal Dutch Sh...
Taiwan's FPMC invests in scrubber retrofit
Formosa Plastics Marine (FPMC) starts a large-scale project for retrofitting scrubbers in its fleet. According to industrial source and TradeWinds, the Taiwanese operator installed the scrubber products of ContiOcean and Yara Marin...
Hapag-Lloyd joins hands with HHLA
Hapag-Lloyd announced on February 11 that Hapag-Lloyd AG and Hamburger Hafen und Logistik AG (HHLA), will be continuing their close cooperation in Hamburg for another five years. On the basis of this decision, both companies will...
BW LPG exercises 4 LPG dual-fuel engines option
BW LPG announced on February 10 that it has exercised an option for the delivery of four additional LPG dual-fuel engines. With this, BW LPG has committed to retrofit eight vessels with pioneering propulsion technology. This announcement fol...
France's MN acquires green shipowner
It turned out that French shipowner Compagnie Maritime Nantaise (MN) has taken over shares in its compatriot brand new shipowner Neoline, which operates sail-powered cargo ship. According to TradeWinds and foreign media outlets, MN plans to pr...
CMA CGM Group joins forces with Energy Observer
The CMA CGM Group, a world leader in shipping and logistics and a pioneer in the field of energy transition, revealed on February 10 that it has joined forces with Energy Observer, the first hydrogen-powered vessel to embark on a round-the-world ...
“K” Line signs long-term time charter with PETRONAS
Kawasaki Kisen Kaisha, Ltd. (“K” Line) announced on February 10 that the signing of a long-term Time Charter contract of 12 years plus 12 years(Extension Option) from 2022, which have been concluded with PETRONAS LNG Ltd., a subsidiary of P...
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