LNG carrier newbuilding prices are expected to rise on the back of the merger of Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering (DSME), according to GasLog ceo Paul Wogan.
Royal Boskalis Westminster (Boskalis) has been awarded a $55m contract for the transportation of a large number of modules for a North American LNG export facility. The contract has additional options for extensions, worth up to $30m, Boskalis said in a statement.
Hapag-Lloyd has inked the first ever conversion of a containership to use LNG as fuel for one of 17 LNG ready newbuildings that came into its fleet from the merger with UASC.
Containerships first LNG-powered vessel has completed its first ship-ship LNG bunkering in the Port of Rotterdam.
LNG projects and scrubber retrofits boosted Keppel Offshore & Marine's Keppel (O&M) orderbook last year as it sees growing optimism for the sector as whole.