Shipbuilding
Samsung Heavy Lands USD 4.7 Billion FLNG Order from Shell
South Korea’s Samsung Heavy Industries (SHI) has won a KRW 5.3 trillion (USD 4.7 billion) contract to build three floating liquefied natural gas (FLNG) facilities in Europe for Shell Gas & Power Developments B.V. The contract signed today covers only a part of production costs, according to SHI. A b
Samsung Heavy Lands USD 4.7 Billion FLNG Order from Shell
South Korea’s Samsung Heavy Industries (SHI) has won a KRW 5.3 trillion (USD 4.7 billion) contract to build three floating liquefied natural gas (FLNG) facilities in Europe for Shell Gas & Power Developments B.V. The contract signed today covers only a part of production costs, according to SHI. A b
Exmar and John Fredriksen in USD 2.3 Billion LNG Joint Venture
Belgian liquefied natural gas (LNG) carrier owner and operator Exmar has agreed to integrate its LNG assets and infrastructure with those of John Fredriksen’s Geveran and Flex LNG under a new USD 2.3 billion company – Exmar LNG Ltd. Geveran and Exmar will pool their LNG assets and infrastructure und
Exmar and John Fredriksen in USD 2.3 Billion LNG Joint Venture
Belgian liquefied natural gas (LNG) carrier owner and operator Exmar has agreed to integrate its LNG assets and infrastructure with those of John Fredriksen’s Geveran and Flex LNG under a new USD 2.3 billion company – Exmar LNG Ltd. Geveran and Exmar will pool their LNG assets and infrastructure und
Ardmore Shipping Adds Second Newbuild
Owner and operator of tankers Ardmore Shipping Corporation has taken delivery of its newbuild vessel, the Ardmore Seafox, from Korea’s SPP Shipbuilding Co., Ltd. The Ardmore Seafox is a 49,999 DWT IMO 3 product and chemical tanker, and her addition to the Ardmore fleet increases the number of Ardmor
Ardmore Shipping Adds Second Newbuild
Owner and operator of tankers Ardmore Shipping Corporation has taken delivery of its newbuild vessel, the Ardmore Seafox, from Korea’s SPP Shipbuilding Co., Ltd. The Ardmore Seafox is a 49,999 DWT IMO 3 product and chemical tanker, and her addition to the Ardmore fleet increases the number of Ardmor
Tallink Takes Loan to Finance RoPax Newbuilding
Estonian ferry operator Tallink Group AS has signed a loan agreement with Nordea Bank Finland Plc, securing EUR 184 million out of EUR 230 million needed to finance the construction of the recently ordered RoPax ferry. The LNG-powered fast ferry is currently under construction at the Finnish Meyer T
Tallink Takes Loan to Finance RoPax Newbuilding
Estonian ferry operator Tallink Group AS has signed a loan agreement with Nordea Bank Finland Plc, securing EUR 184 million out of EUR 230 million needed to finance the construction of the recently ordered RoPax ferry. The LNG-powered fast ferry is currently under construction at the Finnish Meyer T
Scorpio Bulkers Finds Work for the Coming Newbuilding
NYSE-listed dry bulk specialist Scorpio Bulkers Inc. has agreed to time charter-out one Capesize currently under construction at a Sungdong shipyard, South Korea. The 180,000 dwt SBI Montesino is expected to be delivered in July, 2015. Upon delivery from the shipyard, the SBI Montesino will be chart
Scorpio Bulkers Finds Work for the Coming Newbuilding
NYSE-listed dry bulk specialist Scorpio Bulkers Inc. has agreed to time charter-out one Capesize currently under construction at a Sungdong shipyard, South Korea. The 180,000 dwt SBI Montesino is expected to be delivered in July, 2015. Upon delivery from the shipyard, the SBI Montesino will be chart
Dorian LPG Adds Another VLGC Newbuilding
NYSE-listed liquefied petroleum gas (LPG) shipping company Dorian LPG has taken delivery of its sixth very large gas carrier (VLGC) newbuilding, the ECO VLGC Cobra. The 84,000 cbm LPG carrier was built by South Korea’s Hyundai Samho Heavy Industries. Upon delivery, the Cobra will enter into a one ye
Dorian LPG Adds Another VLGC Newbuilding
NYSE-listed liquefied petroleum gas (LPG) shipping company Dorian LPG has taken delivery of its sixth very large gas carrier (VLGC) newbuilding, the ECO VLGC Cobra. The 84,000 cbm LPG carrier was built by South Korea’s Hyundai Samho Heavy Industries. Upon delivery, the Cobra will enter into a one ye
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