Gas
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Global merchant fleet tipped to have more LNG carriers than VLCCs by as early as 2025
Contrasting volumes in the global energy mix could see more LNG carriers in operation than VLCCs by as early as…
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Exmar moves to develop new type of CO2 carrier
Belgium’s Exmar has teamed up with South Korea’s Lattice Technology to develop a new type of CO2 carrier, which will…
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Samsung Heavy develops 160,000 cu m liquefied hydrogen carrier
Samsung Heavy Industries Co. said Thursday it has won an approval in principle (AIP) for the conceptual design of a…
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Gunvor books four Celsius LNG newbuilds
Swiss-based commodity trading giant Gunvor, through its subsidiary Clearlake Shipping, has sealed a deal to charter four newbuild LNG carriers…
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David Palmer joins GEV as founder and chairman Maurice Brand retires
Australian developer of compressed shipping solutions Global Energy Ventures (GEV) has appointed David Palmer as an independent non-executive director and…
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MOL joins queue for ammonia-powered engines
Mitsui OSK Lines (MOL) is joining the growing throng of owners queing up for ammonia technology to fuel the next…
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Iino Kaiun orders ammonia carrier at Hyundai Mipo for Mitsui charter
Japanese shipping line Iino Kaiun Kaisha has sealed a time charter deal with compatriot trading house Mitsui & Co for…
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Golar LNG secures bumper rate on one-year charter
Tor Olav Trøim’s Golar LNG has secured a one-year fixed time charter for one of its carriers, which it says…
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GasLog banks $22m from Chinese sale and leaseback deal
New York-listed LNG carrier owner GasLog has sealed a sale and leaseback deal with China Development Bank Leasing for 2015-built…
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Sveinung Støhle to help Maria Angelicoussis run Greece’s largest shipowner
Angelicoussis Shipping Group, Greece’s largest shipowner with one of the world’s largest privately-owned fleets, has announced the appointment of Sveinung…
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GasLog strikes $325m refinancing deal
Liquefied natural gas (LNG) shipping player GasLog has landed a refinancing deal through a note purchase from the US-based investment…
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Energy crunch sees LNG carriers head the way of capesizes
Further proof of how energy crunches drive freight rates is shown today in the suddenly booming LNG sector. Splash has…
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Sveinung Støhle leaving Höegh LNG
Norway’s Höegh LNG has launched a search for a new president and CEO after Sveinung Støhle announced he will be…
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Equinor, Shell and TotalEnergies tap Dalian Shipbuilding for pair of CO2 carriers
Northern Lights, a joint venture between energy giants Equinor, Shell and TotalEnergies, has placed an order at Dalian Shipbuilding Industry…
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Petredec offloads entire stake in Avance Gas for $67m
VLGC player Petredec has sold its entire holding in Avance Gas for around $67.4m. The second largest owner of Avance…
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Stena Power and Global Energy Storage team up to identify LNG projects
Stena Power and LNG Solutions, a subsidiary of Stena AB, and Global Energy Storage (GES), a developer and operator of…
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Wood secures contract for Norwegian blue ammonia project
UK engineering and consultancy firm Wood has entered into a framework agreement with Horisont Energi to support the Norwegian carbontech…
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Stonepeak snaps up Teekay LNG in $6.2bn deal
New York-headquartered investment firm Stonepeak has reached an agreement to acquire Teekay LNG Partners for an enterprise value of $6.2bn.…
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Sovcomflot and NYK fix four LNG carrier newbuilds to Novatek
Russian shipowner Sovcomflot and its Japanese joint venture partner, Nippon Yusen Kaisha (NYK), have signed long-term time charter contracts with…
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Qatar Petroleum confirms first Chinese LNG carrier orders
Qatar Petroleum has ordered its first Chinese-built gas carriers, opting for four LNG carriers from Hudong-Zhonghua Shipbuilding in a deal…
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