Gas
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Korea Line sells VLGC hit by explosion to Chinese buyers
A VLGC onboard which an explosion killed two crew during 2014 has been sold by Korea Line to Chinese interests…
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Dorian LPG moves to protect itself from hostile takeovers
Dorian LPG has moved to protect itself from any potential hostile takeover, adopting a shareholder rights plan and declaring a…
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Dynagas, CLNG and Sinotrans finalise deal for five Yamal LNG carriers
Dynagas, CLNG and Sinotrans have announced the finalisation of a series of agreements for five single-vessel joint ventures to jointly…
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Hyundai Heavy preferred bidder for series of SK LNG ships
Hyundai Heavy Industries has been selected as preferred bidder to build a series of LNG ships for compatriot energy developer…
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KSS Line in for another VLGC newbuild
South Korea’s KSS Line is back for another VLGC newbuild. The line has signed a contract with compatriot Hyundai Heavy…
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Cochin Shipyard to sign with GTT and start LNG ship construction
Cochin Shipyard is expected to sign a deal with France’s Gaztransport & Technigaz (GTT) to become India’s first shipbuilder to…
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Golar LNG Partners authorises $25m share buyback programme
The board of NASDAQ-listed Golar LNG Partners has authorised a repurchase programme in which the partnership may spend up to…
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Avance Gas withdraws takeover offer for Aurora LPG
Avance Gas has withdrawn its voluntary exchange offer for the acquisition of Aurora LPG. The offer period set by Avance…
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Avance Gas hopeful for Aurora LPG deadline day deal
With the offer period made by Avance Gas to takeover fellow Norwegian LPG player Aurora LPG set to expire today,…
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With rivals circling Aurora’s chairman comes out fighting
With rivals BW LPG and Avance Gas circling, Aurora LPG’s chairman Leiv Askvig has said he’d be willing to offload…
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Fire on LPG tanker leads to closure of Houston Ship Channel
A fire on board a Navigator Gas tanker led to the closure of a two-mile stretch of the Houston Ship Channel…
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Transpetro terminates two LPG carriers at Vard
Norwegian shipbuilder Vard has been given notifiation from Petrobras Transportes (Transpetro) terminating the contracts of two LPG carriers ordered from…
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Fitch revises 2016 shipping outlook to negative
Fitch Ratings has revised the global shipping sector outlook for 2016 to negative from stable in 2015. “We expect muted…
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BW LPG ups stake in Aurora LPG
Aurora LPG looks like it is going all out to avoid the advances made by Avance Gas. Oslo-listed Avance Gas,…
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US shipyards salivate at prospect of building 100 LNG carriers
American shipyards could receive the biggest fillip in more than a generation if Washington insists all shale gas is moved…
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Evergas orders four new dual-fuel ethane/LEG carriers
Evergas has ordered four 32,000-cbm carriers for liquefied ethane/ethylene (LEG) gas from China’s JHW Engineering & Contracting (JHW), with options…
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Wood Group to work on ConocoPhillips LNG installations in Australia
Wood Group is to provide brownfield engineering services to two of ConocoPhillips’ LNG facilities in Australia under a new multi-year…
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Aurora LPG forms JV with Wilhelmsen Ship Management
The increasing trend by shipowners to form management joint ventures with third parties has seen Aurora LPG and Wilhelmsen Ship…
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Dorian LPG fixes newbuild VLGC
Dorian LPG has fixed newbuild VLGC Commander on a five-year time charter to an undisclosed major Asian oil company. The…
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TMS Cardiff Gas orders two more VLGCs
TMS Cardiff Gas has exercised options on its contracts at Hyundai Heavy Industries (HHI) in South Korea and has ordered…
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