Teekay signs contracts for two Suezmax shuttle tanker newbuildings
Teekay Offshore has announced the contract signing for two Suezmax-size DP2 shuttle tanker newbuildings, with options to order up to two further vessels.
LNG Shipping
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Westwood Insight: Will new LNG trade routes support demand for LNG carriers?
The LNG carrier market has been highly cyclical and is often driven by global macroeconomic events.
Norsafe to provide lifeboats for Coral South FLNG
Norsafe has announced it has secured its largest ever offshore contract to provide lifesaving appliances for ENI’s Coral South floating LNG unit.
Hyundai Heavy Industries select Martek Marine
Hyundai Heavy Industries have chosen Martek Marine for their EVOLUTION emissions monitoring systems.
SEA\LNG calls for compliance and enforcement commitment
SEA\LNG has released a statement encouraging the industry to redouble its commitment to compliance with, and enforcement of, IMO Marpol VI Regulations.
New nozzle debuts in first dual-fuel tug built in Europe
Astilleros Gondan has commissioned the first LNG-powered, dual-fuel tug constructed in Europe propelled by two Schottel thrusters fitted with the SDV45 nozzle.
Christophe de Margerie LNG tanker begins first voyage through NSR
Yamal LNG has announced that the Christophe de Margerie LNG tanker has entered the Kara Sea, and commenced its first LNG cargo journey through the Northern Sea Route.
LNG dual-fuel ferry starts service early
BC Ferries has announced that the Salish Raven will commence service on 3 August 2017, which is earlier than initially expected.
Three new members join SEA\LNG
SEA\LNG has released a statement welcoming three new members into the coalition: Mitsui & Co. Ltd; Novatek Gas & Power; and Sumitomo Corp.
New German LNG fuelled research ship will feature Wärtsilä technology
The technology group Wärtsilä is to supply the engines for a new LNG fuelled research vessel being built for the German government.
PSI delivers LNG ready product tanker
Philly Shipyard Inc. has announced that it has delivered the American Liberty product tanker.
MISC takes delivery of third Moss-type LNG carrier
Malaysia’s MISC Berhad has announced that it has taken delivery of the Seri Cempaka – the third in a series of five Moss-type Seri-C Class LNG carriers.
Samskip to acquire activities of Nor Lines
Samskip has announced that – subject to approval from Norway’s competition authorities – it has reached an agreement with the DSD Group to acquire the activities of Nor Lines.
Nakilat ends half year 2017 with net profit
Nakilat recorded its financial results for the first half of the year ended 30 June 2017 with a net profit of QR409 million.
Höegh LNG secures financing for eighth FSRU
Höegh LNG Holdings Ltd has announced that it has received commitment letters for a US$230 million debt financing for its eighth floating storage and regasification unit.