Search results for: MEGI LNG carrier

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  • 1 September 2016
    Vessels

    Teekay Corporation currently has seven MEGI LNG carriers in various stages of build at the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).

  • 4 August 2016
    Business & Finance

    Owner and operator of liquefied natural gas carriers Teekay LNG Partners is considering to postpone the delivery of its unchartered newbuilding MEGI LNG carrier, Torben Spirit, by up to ten months. Namely, under the agreement reached with South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) in July, the company has an option to push the delivery of […]

  • 4 August 2016
    Vessels

    Teekay’s second LNG carrier to be equipped with dual fuel MEGI engines has commenced its five-year charter with US-based LNG export player Cheniere. The M-type, electronically controlled, gas injection (MEGI)-powered LNG tanker named Oak Spirit started the fee-based charter with Cheniere on August 1, Teekay LNG Partners said in its second-quarter results report on Thursday. “The […]

  • 30 May 2017
    Vessels

    Flex LNG, the shipping company controlled by billionaire John Fredriksen, is set to add six new liquefied natural gas carriers to its fleet by 2019.

  • 25 January 2019
    Business & Finance

    BW LNG, BW Group’s LNG shipping company, has splashed its third MEGI LNG carrier.

  • 23 February 2017

    Teekay LNG, one of the world’s largest operators of liquefied natural gas tankers, said Thursday its joint venture with Marubeni has agreed to a further deferral of the charter payments for the two LNG carriers serving the closed Yemen liquefaction plant. Teekay LNG owns a 52 percent interest in the LNG carriers, the Marib Spirit […]

  • 21 November 2017
    Business & Finance

    Oslo-listed ship owner and operator Flex LNG has reached an agreement on a loan facility to finance three of its newbuildings, scheduled for delivery in the first half of 2018. The company received a firm offer for a USD 315 million term loan facility (TLF) on November 14, agreed to be drawn in connection with the delivery of […]

  • 3 November 2016

    Bermuda-based Teekay LNG Partners, one of the world’s largest owners and operators of LNG carriers, said its adjusted net income for the third quarter 2016 reached US$32.1 million.

  • 30 May 2017
    Business & Finance

    Bermuda-headquartered owner and operator of liquefied natural gas carriers Teekay LNG Partners has bounced back to profit in the first quarter of 2017, in line with expectations. Namely, the company said that its net income for the period ended March 31, 2017 stood at USD 33.6 million, compared to a net loss of USD 34.9 […]

  • 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. 

  • 19 May 2016

    Teekay LNG Partners, one of the world’s largest owners of LNG carriers, reported a cash flow of US$54.4 million for the first quarter, compared to $66.2 million in the same period of the prior year.

  • 16 February 2017
    Business & Finance

    John Fredriksen-controlled Flex LNG said it was contemplating the acquisition of shipbuilding contracts for two high-end MEGI LNGC newbuilds at South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME). The contracts are currently held by affiliates of Geveran Trading Co. Ltd. (Geveran), the company’s largest shareholder. With this move, Flex LNG will have a uniform fleet […]

  • 22 October 2018
    Business & Finance

    Pavilion Energy pens deal with BW Group for the long-term charter of two MEGI LNG newbuilds.

  • 9 January 2017
    Business & Finance

    Image Courtesy: Teekay The images above show Oak Spirit, an M-type, electronically controlled, gas injection (MEGI) -type liquefied natural gas (LNG) carrier, crossing the Panama Canal for the first time in 2016. The 173,000 cubic meter ship was delivered to its owner, Teekay LNG Partners, from South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) in August […]

  • 5 January 2018
    Vessels

    Singapore-based gas shipping giant BW Group said on Friday it took the delivery of the company’s first M-type, Electronically Controlled, Gas Injection (MEGI) LNG vessel. The 173.400-cbm LNG carrier named BW Tulip is the first of the series of three sister MEGI vessels BW has on order at South Korea’s shipbuilding giant Daewoo Shipbuilding & […]

  • 28 April 2017
    Vessels

    Flex LNG, the shipping company controlled by billionaire John Fredriksen, said it is considering to buy two MEGI LNG carriers from the company’s largest shareholder, Geveran Trading’s affiliates.

  • 25 January 2019
    Vessels

    A launching ceremony was held on Friday in South Korea for BW’s third M-type, Electronically Controlled, Gas Injection (MEGI) LNG carrier. The 173,400-cbm vessel equipped with a reliquefaction system was launched at Daewoo Shipbuilding & Marine Engineering’s (DSME) shipyard in Geoje, BW’s LNG unit said. The vessel is scheduled to start a long-term charter from […]

  • 4 August 2016

    Bermuda-based Teekay LNG Partners, one of the world’s largest owners and operators of LNG carriers, said its adjusted net income rose to $53.8 million in the second quarter of this year, as compared to $39.5 million a year before. Teekay LNG’ GAAP net income was at $43.1 million in the second quarter as compared to 58.1 […]

  • 27 September 2016
    Business & Finance

    Owner and operator of liquefied natural gas carriers Teekay LNG Partners has entered into a 15-year time-charter contract with the Yamal LNG project, to provide Yamal LNG with conventional liquefied natural gas (LNG) transportation services. The fixed-rate time-charter contract will be serviced by one of Teekay LNG’s previously unchartered 174,000 cubic meter MEGI LNG carrier […]

  • 31 August 2016
    Vessels

    Teekay’s second M-type, Electronically Controlled, Gas Injection (MEGI)-Type LNG carrier began its service under a five-year charter agreement with Cheniere Energy on August 1.

  • 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 […]

  • 9 November 2017
    Business & Finance

    Two MEGI LNG carrier newbuildings, the Macoma and Murex, which were delivered to Teekay LNG Partners in October and November 2017, have started their charters with Royal Dutch Shell (Shell). The pair has been chartered out on six and seven-year charter contracts respectively, with the options for extensions. The two large LNG carriers feature 173,000 cbm and 95,299 dwt each and have been […]