Gas
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Knutsen in for Hyundai Heavy LNG carrier
Norway’s Knutsen OAS Shipping can be revealed as the owner behind yesterday’s LNG carrier announcement from Hyundai Heavy Industries (HHI).…
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DryShips exercises second VLGC option
DryShips has exercised the second of four options it has to acquire VLGCs under construction at South Korea’s Hyundai Heavy…
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Bill introduced to Congress requiring quota of US-flagged ships for carrying US LNG exports
A bi-partisan political bill has been introduced to the US Congress calling for a minimum of 30% of US liquefied…
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DSME wins up to four LNG carriers
John Fredriksen’s Flex LNG is being widely tipped as the mystery European owner behind an order at Daewoo Shipbuilding & Marine…
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SK Shipping becomes latest Korean line to restructure
SK Shipping has become the latest Korean line to announce a major restructuring. South Korea’s fourth largest shipping firm will…
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Qatari LNG carrier holed in collision
One of the world’s largest LNG carriers has suffered a severe gash on its starboard side after a collision with…
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MOL restructures organisation, eyes new businesses
One of the world’s largest shipping companies, Mitsui OSK Lines (MOL) from Japan, is restructuring its organisation again. Last April…
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Milaha: Expanding at home and overseas
Much needed structural adjustments in the offshore sector could take years to complete, the president and CEO of diverse Qatari…
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Fredriksen juggles LNG newbuild pair
John Fredriksen’s busy start to the year continues apace with news he’s looking to juggle a couple of newbuild LNG…
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Solvang orders ethylene carriers
Solvang and partners have today signed a letter of intent with South Korea’s Hyundai Mipo Dockyard for the construction of…
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Petronet acquires stake in LNG carrier
Indian’s state run gas importer Petronet LNG has acquired a 26% stake in India LNG Tranport Company (No. 4), a…
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Excelerate signs for up to seven Daewoo FSRUs
Excelerate Energy has provided a much needed vote of confidence to Korean shipbuilding major, Daewoo Shipbuildng & Marine Engineering (DSME),…
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Consortium formed for Pakistan LNG project
Höegh LNG, Qatar Petroleum, Total, Mitsubishi, and ExxonMobil have together announced their commitment to develop a liquefied natural gas import…
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Inquiry gets underway into Indian tanker collision
A senior port official in India has laid the finger of blame on the VLGC for the collision which took…
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Turkish consortium add to Hyundai Heavy’s FSRU tally
2017 is proving a whole lot better for the world’s largest shipbuilder after 2016, the worst year in a generation.…
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Navigator Holdings issues bonds
New York-listed gas giant Navigator Holdings has issued $100m aggregate principal amount of new senior unsecured bonds in the Nordic…
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DryShips completes $200m share sale
George Economou’s DryShips has completed a $200m common stock offering, raising $198m for the company to continue its recently announced…
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Japanese shipping majors in freefall
On a dire day for Japan’s big three shipping lines, Nippon Yusen Kaisha (NYK) revealed a record loss of just…
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Varun closes in on $420m Chinese VLGC series
India’s Varun Shipping has signed a letter of intent at China’s Jiangnan Shipyard for a massive order of VLGCs. Brokers…
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BW VLGC and product tanker collide off Chennai
Fuel has washed up on Indian shores following the collision of the VLGC and product tanker Dawn Kanchipuram in the…
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