Chinese shipbuilder Jiangnan Shipbuilding has signed a contract with AW Shipping Limited, a joint venture company between the Abu Dhabi National Oil Company (ADNOC) and Wanhua Chemical for the construction of three 86,000 cbm very large gas carriers (VLGC) with LPG dual fuel. As disclosed, the ships
Urgent action is needed to target emissions from the existing ships in order to deliver on what is dictated by the global Paris Agreement, according to a University of Manchester study published today in the new journal BMC Energy. The sector also has to up its game if it is to deliver on the IMO 20
Energean has informed that work restarted on the Energean Power FPSO in the Admiralty Yard, Singapore, on 2 June 2020 and the subsea installation campaign offshore Israel is progressing as planned.
Qatar Petroleum has inked three deals with South Korean shipbuilders reserving slots for its LNG tanker fleet expansion valued over $19 billion. Qatari giant said on Monday it has signed deals to reserve LNG ship construction capacity in South Korea to be utilized for its future LNG carrier fleet re
Hyundai Vietnam Shipbuilding (HVS), a subsidiary of Hyundai Mipo Dockyard Co. Ltd. (HMD), has delivered a new dry-bulk carrier to the national shipping carrier of Saudi Arabia Bahri. The bulk carrier, named Sara, increases the company’s fleet of dry-bulk carriers to six ships in line with its effort
Arab Shipbuilding and Repair Yard Company (ASRY) has completed a scrubber retrofit project in a record 29 days, the shipyard said. Shipowners have been investing heavily in the installation of scrubbers on their ships as a way of meeting the IMO 2020 sulphur cap that entered into force on January 1,
State-run Qatar Petroleum said Wednesday it has entered into a deal to reserve LNG ship construction capacity in China as part of ongoing North Field expansion projects. QP signed the deal with Hudong-Zhonghua Shipbuilding, a unit of China State Shipbuilding Corporation. The deal potentially worth m
Dubai-based P&O Maritime Logistics (POML) is to build two multipurpose vessels for Papua New Guinea ops.
Here are the most read stories of the previous week.
Asyad Group has decided to integrate Oman Shipping Company and Oman Drydock Company.
Poor bulker markets have pushed owners to scrap 20 Capesize bulkers so far this year.
Fincantieri, Marakeb start collaboration in the field of autonomous technology.
Iran unveiled a massive newbuilding program in an effort to modernize the country’s fleet.
There are 175 LNG-fueled ships currently in operation, with 203 on order.
