Gas
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BW backs Epic’s latest capital raising for four more Japanese ships
Epic Gas has launched today a $60m fully underwritten capital increase with plans to buy more LPG ships. The subscription…
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Flex LNG seals sale and charterback with Hyundai Glovis for LNG carrier pair
John Fredirksen’s Flex LNG has sold 2018-built LNG carrier pair Flex Endeavour and Flex Enterprise to Hyundai Glovis for $420m.…
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NYK president replaced as losses hit $400m
After just four years in charge, Tadaaki Naito’s tenure in charge of one of the world’s largest shipping lines is…
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K Line bows to pressure and appoints critic to the board
Kawasaki Kisen Kaisha (K Line) has bowed to pressure as it reports another set of dire results. The Japanese shipping…
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Chinese energy firms acquire stake in Arctic LNG 2 project
Russian natural gas producer PAO Novatek has entered into binding agreements with two Chinese state-run energy majors for the sale…
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Splash Extra: VLGC spot rates quadruple since February
Spot rates for VLGCs have more than quadrupled since February making the large LPG shipping segment the hottest sector in…
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Richard Sadler leaving GasLog
New York-listed LNG shipowner GasLog has appointed Paolo Enoizi as COO designate of GasLog and GasLog Partners, replacing former LR…
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Qatar Petroleum initiates order for up to 100 LNG carriers
Qatar’s state-run energy group Qatar Petroleum has issued an invitation to tender for what will become the largest LNG carrier…
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Khor Al Zubair Shipping acquires suezmax from Maran Tankers
Khor Al Zubair Shipping, the shipping unit of UAE-based oil and gas trading firm KASCO Group, has acquired the 1998-built…
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Hyundai LNG Shipping expands into LPG market with VLGC order
Hyundai LNG Shipping, a joint venture between Korean private equity firm IMM and shiponwer HMM, has placed an order at…
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Proof of alien life forms deemed more likely than a correct five-year shipping forecast
In a damning rebuke to today’s crop of shipping analysts, a vast majority of Splash voters reckon the chances of…
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MOL invests in six Reliance ethane carriers
Japan’s Mitsui OSK Lines (MOL) has taken its Indian energy shipping aspirations to the next level by investing in six…
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BW’s takeover of Epic Gas nears completion
BW Group’s acceptance period for its voluntary unconditional offer of Epic Gas passed yesterday with the Andreas Sohmen-Pao-led company now…
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Golar LNG moves forward with Gimi FLNG and Croatian FSRU
Golar LNG Limited has received a $700m financing commitment for FLNG Gimi and has subsequently issued Keppel Shipyard with a…
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Ulrik Andersen replaces Christian Andersen at Avance Gas
Pure-play VLGC owner Avance Gas Holding has appointed Ulrik Andersen as chief executive officer. Andersen replaces Christian Andersen who stepped…
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Avenir LNG replaces LNG carrier options at Keppel with new orders at CIMC Sinopacific Offshore
Avenir LNG has entered into shipbuilding contracts with Nantong CIMC Sinopacific Offshore & Engineering (SOE) for the construction of two…
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De Poli nears LPG exit to focus on chemical tankers
Dutch shipping company De Poli Tankers, headed by the Italian shipowner Chiara De Poli, will soon exit the LPG segment…
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NYK orders new LNG carrier for 20-year Edison charter
Japanese shipping group NYK has entered into a contract Milan-based energy company Edison to charter out a newbuild LNG carrier…
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Angelicoussis adds another LNG carrier at DSME
Greek owner Angelicoussis Shipping Group’s LNG unit Maran Gas Maritime has placed an order for one additional 174,000 cu m…
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ENN secures 10-year LNG supply deal with Woodside
Chinese clean energy distributor ENN has signed a heads of agreement with Australia’s Woodside Energy for the procurement of 1m…
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