
UK shipping company Union Maritime has closed a $130 million delivery financing agreement for two newbuild long-range (LR2) tankers that will be fitted with LNG dual-fuel and wind-assisted propulsion solutions.

Japanese shipping company Mitsui O.S.K. Lines (MOL) has held a naming ceremony for its new LNG-fueled very large crude carrier (VLCC) to be chartered by Norway-based energy giant Equinor.