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Shipbuilding

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ADNOC strikes low-carbon ammonia, LNG carrier deals with Korean partners
Shipbuilding

ADNOC strikes low-carbon ammonia, LNG carrier deals with Korean partners

ADNOC secured agreements with companies in the Republic of Korea regarding low-carbon ammonia, LNG carrier shipbuilding, and LPG value chain.

about 2 years ago
Illustration; Source: QatarEnergy
Shipbuilding

Mega LNG fleet expansion rises to 104 vessels after QatarEnergy strikes deal with four shipowners

The second phase of QatarEnergy’s giant shipbuilding program has surpassed the 100 mark, reaching 104 conventional LNG vessels.

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about 2 years ago
GasLog links up with Chart Industries for large-scale liquid hydrogen supply chain
Shipbuilding

GasLog links up with Chart Industries for large-scale liquid hydrogen supply chain

Chart Industries and GasLog have teamed up to study the development of a commercial-scale liquid hydrogen (LH2) supply chain.

about 2 years ago
QatarEnergy reveals name of first LNG carrier in its massive fleet expansion program
Shipbuilding

QatarEnergy reveals name of first LNG carrier in its massive fleet expansion program

State-owned oil and gas giant QatarEnergy has revealed the name of the first LNG carrier to be delivered as part of its historic LNG fleet expansion program. On February 23, the company said it had named the first vessel “Rex Tillerson” in recognition of the former Chairman and Chief Executive Offic

about 2 years ago
Opinion: Can wind propulsion weather the approaching perfect storm?
Shipbuilding

Opinion: Can wind propulsion weather the approaching perfect storm?

This article is written by Gavin Allwright, Secretary General – International Windship Association When taking time to reflect on the past year, I would argue that 2023 was the year in which our industry took the gloves off and got down to business when it came to decarbonization. At COP28 in Decemb

13 minutes read
methanol
Shipbuilding

23 methanol-powered ships ordered since the start of 2024

The maritime industry’s fervor for alternative fuels shows no signs of abating as we enter 2024. According to data from DNV-Maritime, since the beginning of the year, 23 methanol-fueled ships have been to the Alternative Fuels for Shipping Index (AFI) database. The ordering has been dominated by the

about 2 years ago
QatarEnergy chooses Nakilat to own and operate up to 25 newbuild LNG carriers
Shipbuilding

QatarEnergy chooses Nakilat to own and operate up to 25 newbuild LNG carriers

As part of the second phase of its massive LNG fleet expansion project, QatarEnergy has selected Qatar Gas Transport Company (Nakilat) to own and operate up to 25 conventional-size LNG carriers pursuant to time charter parties (TCP) to be entered into by affiliates of the two companies. QatarEnergy

about 2 years ago
LNG carrier
Shipbuilding

Samsung Heavy Industries lands massive $3.4B order for 15 LNG carriers

South Korean shipbuilding major Samsung Heavy Industries (SHI) has secured a contract to construct fifteen liquefied natural gas (LNG) carriers for an undisclosed shipping company from the Middle East.

about 2 years ago
shipbreaking
Shipbuilding

NGO Shipbreaking demands EU action on ship recycling amid stark reality of 2023 figures

The NGO Shipbreaking Platform is calling for the extension of the EU Ship Recycling Regulation to include ownership in addition to the flag, after releasing the latest figures on global shipbreaking practices for 2023. The data from the platform shows that out of the 446 ocean-going commercial ships

about 2 years ago
BGN
Shipbuilding

BGN surfaces as owner behind order for two VLGCs from HHI

Dubai energy trader BGN has emerged as the owner behind the order for the construction of two Very Large Gas Carriers (VLGCs) at Hyundai Heavy Industries. HHI’s parent company HD KSOE announced the deal in a stock exchange filing in mid-January. The deal is said to be worth KRW 310 billion ($235 mil

about 2 years ago
illustration
Shipbuilding

Clarksons forecasts 40 million CGT output for 2024-2025 after record year for car carriers

As the maritime industry charts a course for robust growth, Clarksons Shipbroking foresees a substantial increase in global shipbuilding activities, primarily driven by the growth in South Korean output. Clarksons’ estimations project a noteworthy 40 million compensated gross tonnage (CGT) output fo

about 2 years ago
Hyundai KSOE
Shipbuilding

HD KSOE resumes winning streak with order for VLGC pair

In a remarkable start to the new year, HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) has reaffirmed its industry dominance by securing an order for the construction of two Very Large Gas Carrier (VLGC) ships. The undisclosed shipping company based in the Middle East placed the order, va

about 2 years ago
Illustration; Image: Saad Sherida al-Kaabi,Minister of Energy in Qatar, and the President and CEO of QatarEnergy/Courtesy of QatarEnergy
Shipbuilding

QatarEnergy linked to $2.4 billion deal for 8 Q-Max LNG carriers, set to be world’s largest

Qatar’s LNG heavyweight QatarEnergy has sealed a contract with Chinese shipbuilder CSSC Hudong Zhonghua shipbuilding for the construction of eight Q-Max ultra-large LNG carriers, according to broker reports. Valued at over $2.4 billion, these cutting-edge vessels, part of QatarEnergy’s “Hundred Ship

about 2 years ago
ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021
Shipbuilding

ICCT: Liquified gas tankers to blame for 82% of shipping’s methane emissions in 2021

In 2021, an overwhelming 82 percent of methane emissions from international shipping could be traced back to liquefied gas tankers, primarily LNG carriers, according to the International Council on Clean Transportation (ICCT). The data is derived from an analysis conducted using the ICCT’s Systemati

about 2 years ago