Gas
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Fredriksen poaches Avance Gas CEO to head up Golden Ocean
John Fredriksen has found a new CEO for his dry bulk company, Golden Ocean, just over four months after Birgitte…
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Höegh LNG suspends dividends and executive bonuses as part of major cost reductions
Norway’s Höegh LNG has made some dramatic moves due to the uncertain business environment caused by the coronavirus. The board…
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Teekay LNG Partners secures new charters and $225m refinancing
Teekay LNG Partners has announced new fixed-rate charters for two of its part-owned LNG carriers as well as a $225m…
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BRS chairman predicts ships will have far shorter shelf life
One of the best known names in shipbroking has suggested the lifecycle of ships is set to get a whole…
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B-Gas appoints Andrew McPhail as CEO
Danish gas shipowner B-Gas has appointed Andrew McPhail to the position of chief executive officer . Atle Bergshaven, chairman of…
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Weekly Broker: April on target to be quietest month in more than a decade
The secondhand sale and purchase market in general has gone even quieter this past week as the spread of coronavirus…
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Höegh LNG moves to establish FSRU in Cyprus
Höegh LNG has revealed that it has applied for an LNG infrastructure ownership, operations and development license in Cyprus. The…
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Navigare: The deal sourcing pipeline
Navigare Capital Partners, a Copenhagen-based alternative investment fund manager dedicated to investments in maritime assets, is gearing up for a…
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Which sector will be hit hardest by the coronavirus?
Coronavirus has infected the latest quarterly survey carried on this site with readers asked to pick their winners and losers…
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Pan Ocean appoints new CEO
One of South Korea’s largest shipping lines has a new boss. Joong Ho Ahn steps up today from the position…
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China Gas charters in VLGC pair
China Gas Holdings has entered into time charter contracts with CG Fortune Marine, a joint venture between China Gas and…
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Höegh LNG upsizes FSRU debt facility and seals new LNG carrier charter
Höegh LNG Holdings has announced that it has received a commitment letter from five of the company’s relationship banks, upsizing…
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Union Maritime enters gas sector with VLGC order at Hyundai Heavy
UK-owner Union Maritime has placed an order at Hyundai Heavy Industries for the construction of two LPG-fuelled 91,000 cu m…
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Golar Power to develop LNG import terminal at Port of Suape in Brazil
Golar Power, the joint venture between Golar LNG with Stonepeak, has signed a protocol of intentions with the State Government…
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Oman merges its main shipping line and shipyard
State-run ASYAD Group has decided to merge Oman Shipping Company (OSC) and Oman Drydock Company (ODC). “The integration further connects…
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Navigator Holdings, Pacific Gas and Greater Bay Gas form handysize pool
Gas shipping firms Navigator Holdings, Pacific Gas and Greater Bay Gas Co have formed the Luna Pool, focused on moving…
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Anders Onarheim confirmed as BW LPG CEO
BW LPG has announced that Anders Onarheim will continue as CEO beyond his current interim appointment. Onarheim was appointed as…
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Bashundhara grows fleet with K Line VLGC deal
Bashundhara LP Gas, the LPG subsidiary of the Bangladesh conglomerate Bashundhara Group, has shaken hands with Japan’s K Line to…
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Klaipedos Nafta secures loan from NIB for Hoegh FSRU acquisition
Lithuanian oil terminal operator Klaipedos Nafta has entered into a 25-year loan agreement with The Nordic Investment Bank (NIB) to…
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Historic day of carnage for oil prices
A 16-piece meal from fast food outlet KFC now costs more than a barrel of oil after a day of…
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