Gas
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Cosco to invest in three LNG carriers for Arctic LNG 2
Cosco Shipping Energy Transportation has announced that it has approved a plan to invest in three LNG carriers for the…
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Kawasaki Heavy completes world’s first liquefied hydrogen receiving terminal
Japan’s Kawasaki Heavy Industries has announced the completion of the Kobe LH2 Terminal, the world’s first liquefied hydrogen receiving terminal.…
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Sovcomflot and Total seal long-term LNG carrier deal
Russia’s Sovcomflot (SCF) has sealed a seven-year time charter agreement with Total for a newbuild 174,000-cbm LNG carrier, with options…
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Global Energy Ventures and Pacific Hydro to partner up on green hydrogen shipping
Australia’s Global Energy Ventures and Pacific Hydro Australia Developments have executed a memorandum of understanding to explore opportunities regarding the…
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Oriental Energy orders VLGC pair at Jiangnan Shipyard
Chinese gas trader Oriental Energy has entered into shipbuilding contracts with Jiangnan Shipyard for the construction of two 93,000 cu…
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Navigator Holdings commences its first carbon neutral voyage
Gas carrier operator Navigator Holdings has announced it has commenced the company’s first carbon-neutral voyage. The 20,550 cu m gas…
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Avance Gas orders dual fuel VLGC pair at DSME
Norwegian pure-play VLGC shipowner Avance Gas has entered into shipbuilding contracts with South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME)…
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Awilco sees cash windfall from new LNG carrier fixture
Norway’s Awilco LNG has sealed a new time charter contract for 2013-built 156,000 cbm LNG carrier . The contract is…
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Carboflotta sells LPG tanker to Hartmann and now eyes newbuilds
Genoa-based shipping company Carboflotta, lead by the Telesio and Filippi families, has told Splash that it has sold 2003-built LPG…
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New Fortress Energy acquires Hygo Energy Transition and Golar LNG Partners in $5bn deal
Nasdaq-listed New Fortress Energy (NFE) has entered into definitive agreements to acquire Hygo Energy Transition and Golar LNG Partners for…
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Polar vortex drives gas and coal prices to new highs, freight rates leap
An extraordinarily cold winter across East Asia is sending prices for coal and LNG through the roof, and sparking sensational…
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Shipowner consolidation 2021: Pools in the limelight
Splash’s market outlook series today looks at how shipowners will coalesce in 2021. Will shipowning consolidation continue at the brisk…
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NYK participates in Papua New Guinea gas project
Japanese shipping line Nippon Yusen Kaisha (NYK) will participate in the design, development and engineering work of a floating LNG…
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Record LNG carrier spot rates tipped to extend through Q1
The record-breaking LNG carrier spot rate scene is being widely tipped to carry on through the first quarter. Last week,…
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Tiger adds two more LNG tank container carriers at Yangzijiang
Tiger Clean Energy, a unit of Gerry Wang-led Tiger Gas, has declared options to order another two 25,000 dwt LNG tank…
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Petronas takes over E11 gas hub from Shell
Malaysian energy group Petronas has taken over the operatorship of the E11 gas hub from Shell. The E11 hub, which…
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LNG carriers embark on historic Arctic voyage
Early next week an historic moment in Arctic navigation will take place when two LNG carriers cross paths near the…
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Crowley sets up new division to focus on offshore wind and LNG
US owner Crowley Shipping has announced the formation of a new division to focus on emerging energy including offshore wind…
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Bids readied to take Shipping Corporation of India private
A management buy-out of sorts is being mooted for India’s flagship carrier. According to the Hindu Business Line, around 400…
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Avance Gas appoints Fearnleys boss Kristian Sørensen as new CEO
Norwegian pure-play VLGC shipowner Avance Gas has appointed Kristian Sørensen as its new chief executive officer. Sørensen joins from Fearnleys…
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