As the IMO’s 0.5% global sulphur cap looms for the maritime sector from 2020, South Korean shipbuilders have been urged to focus on LNG carriers and product tankers.
Teekay Offshore Partners has clinched a $414m long term debt facility to finance its four LNG-fuelled suezmax DP2 shuttle tanker newbuildings.
Cosco Shipping Energy Transportation has jointly launched a project with Dalian Shipbuilding Industry (DSIC) to develop the world’s first LNG dual-fuel VLCC.
Container shipping tonnage provider Seaspan Corp is looking to diversify into LNG with a cooperation agreement with Cosco Shipping Energy Transportation.
IMO 2020 continues to dominate discussions in shipping the annual Capital Link conference in New York this week was no exception providing a variety of perspectives from across different sectors…
Hudong Zhonghua Shipbuilding is to co-operate with two of the world’s leading classification societies DNV GL and Bureau Veritas (BV) to jointly develop LNG market.
Greek shipowner TMS Cardiff has inked a 10-year time charter contract with Vitol for one of its X Carrier series of vessels.
The Port of Corpus Christi Commission has approved a 50-year-long- lease agreement with Lone Star Ports, LLC, a joint venture between the Carlyle Group and the Berry Group, to develop a petroleum export terminal.
China LNG Shipping (Holdings) Limited (CLNG), 50% controlled by Cosco Shipping Energy Transportation named four ice-breaking LNG carriers jointly funded with Teekay.