China Minsheng Bank extends credit line to WISON Offshore & Marine of over 4 billion RMB
WISON Offshore & Marine has announced that China Minsheng Bank has extended a credit line of over 4 billion RMB.
LNG Shipping
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ABS to class LNG bunker barge
ABS has announced that it has been chosen to class an LNG bunker barge, which is being constructed at Conrad Orange Shipyard Inc., for WesPac Midsteam and Clean Marine Energy.
GTT launches BOG monitoring system
GTT has announced that it has successfully launched a new BOG monitoring system, which is designed specifically for LNG carriers.
GTT, DNV GL and CMA CGM release feasibility study on LNG containership
GTT, DNV GL and CMA CGM have released a feasibility study on a concept LNG containership, known as the PERFECt.
ABS grants AIP for Altair’s innovative LNG containment design
ABS has released a statement claiming that it has granted AIP for Altair’s new Donut Tank System LNG containment design.
Bureau Veritas approves GTT pressure tank Bunkering Ship concept
Bureau Veritas has granted Approval in Principle to a 4000 m3 Bunkering Ship concept developed by GTT.
ABS to class two LNG carriers
ABS has announced that it has been selected to class two LNG carriers for SK Shipping, which will both feature the KC-1 cargo containment system.
Bureau Veritas to class Arctic LNG carriers for Yamal LNG project
Bureau Veritas has announced that it will class the Arctic LNG carriers for the Yamal LNG project in Russia.
GTT receives AIP for 4000 m3 bunkering ship
GTT has received an AIP from Lloyd’s Register for a 4000 m3 bunkering vessel with a cargo vapour pressure of up to 2 barg, adding that it is looking into developing similar technology for LNG applications.
ABB study examines improvement potential in diesel electric LNG carrier propulsion
ABB’s simulations indicated diesel electric propulsion can be a fuel efficient solution for LNG carriers under realistic operating conditions.
GTT installs SloShield system on LNG carrier
In partnership with Cryovision, GTT has installed an LNG sloshing monitoring system – SloShield – on the GasLog Singapore LNG carrier.
BV approves Mark V system
Bureau Veritas has issued design approval for the GTT-designed Mark V containment system.
General Dynamics NASSCO christens first of five ECO tankers for APT
General Dynamics NASSCO has announced that it has held a christening ceremony for the first of five ECO tankers for APT.
GTT releases report on first nine months of 2015
GTT has released its report for the first nine months of 2015, noting a decrease in total revenue from royalties and an increase in revenue from services.
GasLog Ltd completes US$1.3 billion financing facility for eight newbuildings
GasLog Ltd has announced that it has completed an export credit agency-backed debt financing of US$1.3 billion with fourteen international banks for its current newbuilding programme.