Global newbuilding orders have dwindled in the first half of this year to 245 units, dragged down by reduced interest for containers and zero order for offshore vessels, but new orders for bulkers and tankers have risen, according to data from...
Qatar Gas Transport Company (Nakilat) has recorded a 18.4% year-on-year decline in profit for the first half ended 30 June 2017.
Japan’s Mitsui OSK Lines (MOL) has ordered four LNG carriers at China’s Hudong-Zhonghua Shipbuilding on the back of a long term charter contract for the Yamal project developed by Russia’s Gazprom.
Hyundai Heavy Industries (HHI) has claimed to be the world’s first shipbuilder to have built a complete real-size LNG vessel demonstration system, allowing operators to directly verify performance and safety of core facilities of LNG ships.
Singapore LNG Corporation (SLNG) has completed its first small scale LNG reload at its terminal on Singapore’s Jurong Island, setting the stage for Singapore to expand on LNG bunkering and transhipment activities.
Standard Chartered has announced the completion of three shipping finance deals in excess of $1.6bn concluded in the third quarter of 2016 for clients in Asia and the Middle East.
Daewoo Shipbuilding & Marine Engineering (DSME) and Kongsberg Maritime have signed a joint development agreement to develop a new LNG FSRU regasification control system.