Search results for: Asian Spirit

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  • 23 October 2019
    Business & Finance

    The new units, Spirit of Kolkata and Spirit of Chennai, started their charter deals with Mediterranean Shipping Company.

  • 23 December 2016
    Business & Finance

    Owner and operator of liquefied natural gas carriers Teekay LNG Partners has decided to sell its 151,800 dwt Suezmax tanker to Greece-based shipowner Eurotankers, according to data provided by VesselsValue. The vessel in question is the 269-meter-long Asian Spirit, built by South Korean Hyundai Heavy Industries in 2004. Although the financial details of the agreement […]

  • 9 November 2017

    LNG shipper Teekay LNG Partners reported a drop in adjusted income during the third quarter of 2017, as compared to the corresponding quarter last year. 

  • 9 November 2017
    Business & Finance

    Teekay LNG Partners has secured a USD 327 million long-term debt facility to finance a Floating Storage Unit (FSU), the company said. The FSU in question is intended to be chartered on a 20-year charter contract to the Bahrain regasification project commencing in the third quarter of 2018. In addition, the financing will be used […]

  • 26 January 2015

    Total-operated Yemen LNG export facility in Balhaf declared force majeure on liquefied natural gas exports following recent unrest and government collapse.

  • 26 January 2015

    Total-operated Yemen LNG export facility in Balhaf declared force majeure on liquefied natural gas exports following recent unrest and government collapse.

  • 6 May 2019

    Malaysian energy giant Petronas, through its Petronas LNG unit, has completed an LNG break bulking ship-to-ship (STS) transfer in Brunei Bay.

  • 5 May 2016

    Ship recycling practices in Alang, India, are gradually improving, the European Community Shipowners’ Associations (ECSA) says, following a fact-finding visit from last week to Alang. “The European Commission should acknowledge this positive development under the EU Ship Recycling Regulation. Adopting an overly restrictive approach will discourage first movers and further delay the entry into force […]

  • 17 May 2018

    Teekay LNG Partners, one of the world’s largest owners of LNG carriers, dropped into red during the first quarter of 2018. 

  • 4 January 2017

    Cheniere’s Sabine Pass LNG terminal in Louisiana shipped nine liquefied natural gas cargoes to Asian countries during December.

  • 4 May 2018

     Asian spot prices for liquefied natural gas (LNG) reportedly remained firm over the past week, supported by strong oil and coal markets. Asian LNG prices for delivery in June LNG-AS were at $8.1 per million British thermal units (mmBtu), up 15 cents from last week’s value and more than 15 percent above a seasonal low from […]

  • 8 January 2017

    Report: Asia becoming largest importer of U.S. LNG Cheniere’s Sabine Pass LNG terminal in Louisiana shipped nine liquefied natural gas cargoes to Asian countries during December. Chevron resumes production at Gorgon LNG Train 1 US-based energy giant Chevron resumed production at the first liquefaction train of its US$54 billion Gorgon LNG project on Barrow Island […]

  • 14 October 2019

    Malaysian energy giant Petronas has completed its third successful delivery of liquefied natural gas (LNG) cargo through its break bulking ship-to-ship (STS) transfer to two buyers. 

  • 8 October 2014
    Business & Finance, Operations & Maintenance

    EMAS Offshore, formerly known as EOC, has made its debut today on the Main Board of the Singapore Exchange Securities Trading (SGX-ST), placing it as the first company to dual-list in Norway and Singapore for capital raising. The secondary listing on the SGX-ST will support the Group’s growth plans, and provide the Group with a […]

  • 19 April 2012
    Business & Finance

    Eniram Limited, the fast-growing provider of real time decision-support systems for the shipping industry, has opened its Asian office in Singapore to better service its clients in the region. The Finland-headquartered company develops onboard applications, performance management and analytics solutions that help fleet owners and captains better operate their ships towards reduced fuel consumption and […]

  • 23 February 2017
    Business & Finance

    Norway-based investment company Tanker Investments has secured a one-year time charter for one of its Aframax tankers and intends to look for additional time-charter opportunities. The gross rate for the 2009-built Tarbet Spirit is USD 17,000 per day and the charter began this month. The announcement comes on the back of the company’s financial results for […]

  • 7 May 2014

    Vietnamese government claims that China has deployed as many as 80 ships, including seven military vessels, and even aircraft to the area in the South China Sea where CNOOC has deployed its semi-submersible drilling rig  HD-981. Vietnam said that the move by the Chinese oil company was illegal. The information was released by Rear Admiral Ngo […]

  • 20 April 2012

    After an inauspicious start, 2012 will be another difficult and uncertain year for the maritime industry faced with the aftermath of the Costa Concordia, further problems in the Euro zone, pirate attacks and increased sanctions, according to Willis Global Marine, part of Willis Group Holdings, the global insurance broker. The latest Willis Marine Market Review […]

  • 16 January 2012

    Dart Energy Limited announced the formation of Dart Energy International Shale Pte Ltd, a wholly owned subsidiary and business unit of Dart which will manage, grow and monetise Dart’s growing shale gas resources. During 2011 three major transactions have resulted in Dart becoming one of Europe’s largest unconventional gas companies. 1. February 2011 – Dart […]

  • 20 March 2014
    Business & Finance

    With Asia’s dynamic, robust and increasingly affluent economies helping to keep the international shipping industry buoyant, “the need for a unified Asian voice has never been more important”, Esben Poulsson, Honorary Secretary of the Singapore Shipping Association told delegates at the influential Connecticut Maritime Association (CMA) conference this week. Speaking on “The Fast And Furious […]

  • 31 March 2014

    Lion Shipbrokers said that a total of seventeen vessels changed their owners in the past two weeks. Namely, eight bulk carriers, three container vessels and six tankers have been acquired by various shippers. Bulkers: M/V “BULK CHINA” – 179,109 dwt, blt 2013 Orient/S. Korea, NV, 9 HO/9 HA, MAN-B+W 6S70MC-C Sold to undisclosed buyers for […]

  • 3 March 2020
    Business & Finance

    Spirit Energy has signed an agreement to divest two non-core Danish assets to Ineos.