Gas Shipping News - LPG and LNG Shipping News

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BW LPG ditches Dorian takeover

October 9th, 20180 Andreas Sohmen-Pao’s BW LPG has pulled out of a proposed $1.1bn merger with rival Dorian LPG after months of back and forth bickering between the pair. Citing...

Gas

Stolt-Nielsen exercises options for LNG carrier pair at Keppel

October 8th, 20180 Singapore's Keppel Offshore & Marine has announced that Stolt-Nielsen Gas has exercised options at subsidiary Keppel Singmarine for two additional small-scale dual...

Gas

Exmar refinances ten LPG vessels with sale and leaseback deal

October 5th, 20180 Nicolas Saverys led Exmar has announced the refinancing of its entire fully-owned fleet of pressurised gas carriers. The refinancing is being done via several sale...

Gas

NYK seals Total charter for LNG newbuild

October 3rd, 20180 NYK has signed a contract with Total to charter out a newbuild LNG carrier for seven years with an option for an extra year. The 174,000 cu m ship will be built at...

Gas

Stolt-Nielsen, Golar LNG and Höegh LNG pursue small scale LNG venture

October 2nd, 20180 Stolt-Nielsen, Golar LNG and Höegh LNG are joining forces in a new $182m small scale LNG shipping venture. The three are backing Avenir LNG to pursue opportunities to...

Gas

102-year-old Skaugen to be wound up

September 27th, 20180 A famous pioneering name in Norwegian shipping is to be wound up. A court in Singapore has heard that creditors led by Nordea have decided to cease support for IMSK,...

Gas

Carsten Mortensen resigns as BW Group CEO

September 24th, 20180 BW today announced that group CEO Carsten Mortensen has resigned for personal reasons after three years in the job and flitting back and forth between Singapore and his...

Gas

Golar LNG crowned the stock pick of the decade

September 21st, 20180 Financial analysts from Value Investor’s Edge have christened NASDAQ-listed Golar LNG as the “stock of the decade” as global LNG trade surges, led by Asian...

Gas

Jiangnan Shipyard uses Gastech platform to highlight LNG supremacy

September 19th, 20180 Jiangnan Shipyard has used this week’s giant Gastech exhibition in Barcelona to position itself as China’s top name in LNG construction. The yard has secured three...

Gas

Hyundai Heavy debuts new regasification system at Gastech

September 18th, 20180 South Korea’s Hyundai Heavy Industries (HHI) is debuting a compact regasification system called New Hi-ReGAS at this week’s massive Gastech exhibition in Barcelona....

Gas

Keppel goes global with its LNG ambitions

September 18th, 20180 French LNG containment manufacturer GTT has signed a technical assistance and licence agreement (TALA) with Singapore’s Keppel Offshore & Marine (Keppel O&M)....

Gas

Dorian LPG accuses BW of being disingenuous as takeover row escalates

September 12th, 20180 The war of words between Dorian LPG and prospective buyer BW LPG continues. BW has been chasing its rival LPG operator for the last four months and has claimed...

Gas

Qatargas inks 22-year LNG supply deal with PetroChina

September 10th, 20180 Qatargas has entered into an agreement on a 22-year LNG supply deal with PetroChina to supply around 3.4m tonnes of LNG to the latter annually. According to Qatargas,...

Gas

Hoegh LNG secures debt financing for another FSRU

September 4th, 20180 Norwegian company Höegh LNG has received a commitment letter for a sale and leaseback financing from CCB Financial Leasing, the financial leasing arm of China...

Gas

Gasfin Development orders LNG FRU at Jiangnan Shipyard

September 4th, 20180 UK-based LNG infrastructure company Gasfin Development has signed a contract with China’s CSSC-affiliated Jiangnan Shipyard for the construction of a 28,000 cu m LNG...

Gas

BW LPG to retrofit four vessels with LPG-propelled dual fuel engines

August 31st, 20180 Singapore’s BW LPG has signed contracts for the retrofitting of four vessels with LPG-propelled dual fuel engines, which it claims is a world first. BW LPG says the...

Gas

Harvey Gulf orders second LNG bunkering vessel at VT Halter

August 30th, 20180 Quality Liquefied Natural Gas Transport (Q-LNG), which is owned by Harvey Gulf and its CEO Shane Guidry, has executed a letter of intent with VT Halter Marine for the...

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Splash Dash

Concord Maritime tanker pool up and running with Atlas and Emarat vessels
Tanker commercial management firm Concord Maritime, launched in April by Ben Ognibene, has revealed... Dec 14th, 2018 inTankers
Green propulsion likened to a gold rush
The pursuit of cleaner propulsion solutions has created “a sort of gold rush atmosphere” among... Dec 14th, 2018 inTech
Chinese port sets out to overhaul Singapore’s bunkering dominance in the low sulphur era
Zhoushan in the east of China has set out to overhaul Singapore as the world’s top bunkering hub... Dec 14th, 2018 inBunkering
Intertanko: Sulphur cap will take two years to bed in
Paolo d’Amico, head of d’Amico Società di Navigazione group, has added a couple more titles to... Dec 13th, 2018 inMaritime CEO
China, the sulphur cap and the valemax playbook
This week China outlined its own sulphur cap plans which are set to kick in earlier than the global... Dec 13th, 2018 inGreater China

Russian shipping firm faces bankruptcy over alleged dealings with North Korea

Green propulsion likened to a gold rush

Ulrich Müller resigns from Belships

Laurin returns with new role in Gothenburg

Concord Maritime tanker pool up and running with Atlas and Emarat vessels

Blackstone, KKR and Macquarie reportedly interested in taking over OOCL’s Long Beach facility

Maersk Broker buys into NAODAN Chartering

Petrobras to cut more than 50 jobs from Houston office

ADES secures seven-year jackup extension in Saudi Arabia

Adnoc loads LPG and propylene onto the same vessel in landmark shipment

Abu Dhabi’s Goldilocks buys into Gulf Navigation

Swissco offloading 25 vessels to Allianz Middle East

Russian shipping firm faces bankruptcy over alleged dealings with North Korea

Crane occupied in DSME strike

FSL plans vessels sales to fund newbuild product tanker pair

NYK fixes long-term LNG contracts with Diamond Gas International

Chinese port sets out to overhaul Singapore’s bunkering dominance in the low sulphur era

China, the sulphur cap and the valemax playbook

Anglo-Eastern fires captain found to be three times over the drinking limit

Noble adopts Bermuda plan to square off its restructuring process

Hahn & Co completes SK Shipping takeover