Gas
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Danish Ship Finance discusses stranded assets and peak seaborne trade volumes in new report
Danish Ship Finance has released its latest shipping market review. The 69-slide presentation, led by Christopher Rex, has a strong…
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BW LPG sells VLGC pair
BW LPG has sold VLGC pair BW Confidence and BW Cedar, expanding its Indian joint venture in the process. The…
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South Korea’s fair trade watchdog hits GTT with $11.3m fine
France’s Gaztransport & Technigaz (GTT) has been hit with a €9.5m ($11.3m) fine from the Korea Fair Trade Commission (KFTC)…
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Global seaborne trade to contract 3.6% in 2020
While 2020 is on course to be a rare year where global seaborne trade volumes will fall, the average distance…
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Samsung Heavy wins suezmax orders as well as giant Zvezda contract
Centrofin Management has been revealed as the firm ordering a raft of suezmaxes at Samsung Heavy Industries. The Korean yard…
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LNG enters new phase
Dallas Smith, director of LNG and offshore at the Liberian Registry, writes today on the importance of rapidly scaling up…
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Golar LNG forms green partnership with Black & Veatch
Golar LNG has signed agreement with US-based engineering and construction company Black & Veatch Corporation to collaborate in the field of floating…
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Avenir LNG CEO departs
Avenir LNG, the small scale LNG shipping venture backed by Stolt-Nielsen, Golar LNG and Höegh LNG, has announced that Milorad…
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Hoegh LNG awarded FSRU supply contract by H-Energy
Norway’s Hoegh LNG Holdings has entered into a binding commitment to supply an FSRU to H-Energy in Jaigarh, India from the first…
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Sovcomflot, NYK and Samudera seal $155m refinancing of LNG carrier pair
Joint venture companies owned by Sovcomflot, NYK Line and Samudera have sealed a new eight-year $155m credit facility with MUFG…
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Renewables forecast to overhaul natural gas in 2023 and coal the following year
Renewables are forecast to overhaul natural gas in terms of global power generating capacity by as soon as 2023 and…
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Container bull run tipped to run into 2021, while crude tanker woes continue
It’s as you were for the shipping markets if the readers of Splash are to be believed. The container sector,…
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Synergy touts its FSU credentials
Rajesh Unni-led Synergy Group has a new string to its bow. The Singapore shipmanager is now an FSU operator, having…
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AW Shipping adds two VLGCs at Jiangnan Shipyard
AW Shipping, a shipping joint venture set up by UAE’s Abu Dhabi National Oil Company (Adnoc) and China’s Wanhua Chemical, has…
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Anthony Veder takes small gas carrier from Mediterranea di Navigazione
Ravenna-based Mediterranea di Navigazione has sold the 2012-built gas carrier to Dutch gas shipping specialist Anthony Veder for $11m with…
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Which shipping sectors will perform the best in 2021?
Which shipping sectors will perform the best and worst next year? That’s part of the latest set of questions posed…
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Petredec orders up to six VLGCs at Jiangnan Shipyard
Singapore-headquartered gas trading and transport company Petredec Holdings has entered into shipbuilding contracts with China’s Jiangnan Shipyard for the construction…
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Wisdom Marine orders LPG carrier at Murakami Hide
Taiwanese owner Wisdom Marine has approved a plan to order a small LPG carrier at Japanese yard Murakami Hide. The price…
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MOL orders LNG carrier trio for Arctic LNG 2 charter
Japanese shipping major Mitsui OSK Lines (MOL) has placed an order at South Korean yard Daewoo Shipbuilding & Marine Engineering…
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Sovcomflot seals deal for Arctic LNG carriers
Russian owner Sovcomflot (SCF) has signed 30-year time charter agreements for three icebreaking LNG carriers with Arctic LNG 2, the…
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