South & Central Asia
Excelerate, IFC secure funding for Bangladesh’s first LNG import terminal
Excelerate Energy signed a debt financing deal with International Finance Corporation (IFC) for Bangladesh’s first liquefied natural gas (LNG) import terminal.
Banking Heavyweights Back Climate Transparency
Together with the UN Environment Finance Initiative (UNEP FI), eleven of the world’s leading banks have committed to developing analytical tools and indicators to strengthen their assessment and disclosure of climate-related risks and opportunities.
ABS approves KHI’s MOSS-type LNG tank concept
American Bureau of Shipping approved Kawasaki Heavy Industries’ new MOSS-type LNG tank design concept.
KHI’s New LNG Tank Design to Expand Carrying Capacity
Houston-based classification society ABS granted Approval in Principle (AIP) for a new MOSS-type LNG tank design concept developed by Japan’s Kawasaki Heavy Industries (KHI). According to KHI, the non-spherical design concept allows Panamax-size LNG carriers to expand their total carrying capacity t
Central Shipping Monaco Inks LR2 Tanker Order with HHIC
Tanker management company Central Shipping Monaco has placed an order at Hanjin Heavy Industries & Construction (HHIC) in the Philippines for up to four 115,000 dwt tankers. The order includes two firm plus two additional Long Range 2 (LR2) tankers, valued at USD 45 million each, according to Interm
Yokohama-Kawasaki International Port Corporation joins SEALNG coalition
Yokohama-Kawasaki International Port Corporation (YKIP), representing the Japanese ports of Yokohama and Kawasaki, joined SEALNG, the industry coalition promoting the use of LNG as a marine fuel.
YKIP Becomes SEALNG’s Latest Addition
Yokohama-Kawasaki International Port Corporation (YKIP), representing the two Japanese ports, has joined the multi-sector industry coalition SEALNG to support the push for LNG as marine fuel. “YKIP is well placed to share its learnings in relation to infrastructure development, effective port operat
Video: Control systems for tidal and wave energy converters
The European Technology and Innovation Platform for Ocean Energy (ETIP Ocean) has released a recording of the webinar that explored the relation of control systems and performance of marine energy converters.
Three New Members Join LNG Bunkering Port Focus Group
The ports of Ningbo-Zhoushan, Marseille Fos and Vancouver have joined the port of Singapore and seven other organisations to participate in an international liquefied natural gas (LNG) bunkering port focus group. The three additions would strengthen the network of LNG bunker-ready ports and bolster
Rickmers Trust Cleared to Sell Another Nine Ships to Navios
Financially-troubled Rickmers Trust Management, Singapore-based trustee-manager of Rickmers Maritime, informed that the HSH syndicate, comprising HSH Nordbank and DBS Bank, has approved the sale of the remaining nine of fourteen vessels to Navios. The ships, secured under the HSH Facility, will be s
Three new ports join group promoting LNG bunkering
Port of Ningbo-Zhoushan, Port of Marseille-Fos, and Port of Vancouver have joined the Port of Singapore and seven other organizations to participate in an international LNG bunkering port focus group.
Pakistan’s LNG imports to shoot over 30 mtpa by 2022?
Pakistan is planning to establish its position among major importers of liquefied natural gas (LNG) as annual imports could surpass 30 million tons by 2022.