Gas
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Golar Power awarded Brazilian LNG liquefaction contract by Galileo Technologies
Golar Power, a joint venture between Golar LNG and Stonepeak Infrastructure Partners, has signed an agreement with Galileo Technologies for the provision…
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Mads Zacho departs as J. Lauritzen splits into two entities
Danish owner J. Lauritzen has established its gas and dry bulk businesses as independent companies, Lauritzen Kosan and Lauritzen Bulkers. The company…
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Global Energy Ventures furthers delays CNG carrier project at CIMC Raffles
Australian compressed natural gas (CNG) company Global Energy Ventures (GEV) has entered into an agreement with Chinese yard CIMC Raffles…
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CNTIC VPower acquires elderly LNG carrier from Karmol
Singapore-based CNTIC VPower LNG Logistics, a joint venture between China National Technical Import and Export Corporation (CNTIC) and Hong Kong’s…
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Cosco orders LNG carrier trio at Hudong Zhonghua
China Cosco Shipping has placed an order at CSSC-affiliated Hudong Zhonghua Shipbuilding for the construction of three 174,000 cu m…
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Zhejiang Satellite Petrochemical seeks buyer for six VLEC newbuilds
Chinese company Zhejiang Satellite Petrochemical has announced a plan to sell six 98,000 VLECs and charter them back for shipping…
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Liquid carbon dioxide transport project launched in Gothenburg
Sweden has announced a plan to build common infrastructure for the transportation of liquid carbon dioxide extracted through carbon capture…
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Indonesian shipping boss detained over bribery charges
Taufik Agustono, the president director of shipping company, PT Humpuss Transportasi Kimia, has been detained by anti-corruption authorities in Indonesia…
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YPF declares force majeure on contract for Exmar’s Tango FLNG
Belgian gas shipping firm Exmar has received notice from Argentine energy company YPF declaring force majeure on the charter contract…
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Tung family buys into GasLog
Hong Kong’s Tung family has become the newest shareholder of New York-listed LNG carrier operator GasLog. GasLog announced that it has sold…
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Sungas Holding to offload stake in Avance Gas
Norwegian VLGC player Avance Gas has announced that shareholder Sungas Holding has engaged Arctic Securities to explore the sale of…
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The outlook for the LPG trades
Chief correspondent Jason Jiang assesses where rates for LPG carriers are headed after a tough few months. The LPG shipping…
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MOL partners with NW Innovation Works for methanol shipping project
Japanese owner Mitsui OSK Lines (MOL) has announced will invest in US-based methanol producer NW Innovation Works (NWIW), and provide…
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Shenzhen to build China’s first offshore LNG bunkering terminal
The Shenzhen government, PetroChina, Shenzhen Gas Group and Yantian Port Group have signed an agreement to jointly develop China’s first…
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DSME bags $748m Russian LNG barge deal
Daewoo Shipbuilding & Marine Engineering (DSME) has won a KRW900bn ($748m) order to build two liquefied natural gas (LNG) barges…
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CNTIC VPower LNG Logistics acquires resale LNG carrier from Cosco Dalian
Cosco Dalian Shipyard has resold a newbuild 28,000 cu m LNG carrier to Singapore-based CNTIC VPower LNG Logistics, a joint…
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Tiger Gas orders up to ten LNG tank container carriers at Yangzijiang
Gerry Wang-led Tiger Gas has entered the gas shipping business, having signed contracts with China’s Yangzijiang Shipbuilding for the construction…
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Qatar Petroleum signs $19bn LNG carrier agreement with South Korean yards
Qatar Petroleum has announced the second batch of agreements for its massive LNG carrier newbuilding programme. The company has entered…
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Qatar’s record-breaking ship order: the big picture
The global shipbuilding paradigm has changed dramatically in the space of just 24 hours. Bluechip owners wanting their VLCCs or…
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Sovcomflot completes landmark Northern Sea Route transit in May
For the first time on record a large ship has transited the Northern Sea Route (NSR) in May, weeks ahead…
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