Gas
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Andreas Sohmen-Pao takes over as chair at Epic Gas
Following its recently concluded takeover by BW Group, Epic Gas announced today that Charles Maltby has been replaced as chairman…
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Gas shipping pioneer Kathleen Brenner passes away
One of the best-known women in LNG shipping circles, Kathleen Brenner, has died aged 58, her company revealed on Friday.…
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Houston Ship Channel reopens after collision involving K Line VLGC
The Houston Ship Channel reopened to limited traffic on Sunday after a collision on Friday, which resulted in the spilling…
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Sovcomflot seals $297m financing for newbuild LNG carriers
Russian shipping group Sovcomflot has secured a new 10-year $297m credit facility from international banks ING Bank, KfW IPEX-Bank, and…
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Flex LNG listing in New York moves a step closer
John Fredriksen’s Flex LNG has moved a step closer to listing on the New York Stock Exchange, having publicly filed…
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Landmark ship-to-ship LNG bunkering operation celebrated in Singapore
Pavilion Energy has performed the first commercial ship-to-ship LNG bunkering in the Port of Singapore. The operation, the first of…
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Exmar orders LPG-fuelled VLGC pair for Equinor contract
Belgian shipowner Exmar has ordered a pair of LPG-fuelled 86,000 cu m LPG carriers from China’s Jiangnan Shipyard. The vessels…
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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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