Liquefied petroleum gas shipping company Dorian LPG has taken delivery of the ECO VLGC Constitution from Korean shipbuilder Hyundai Samho Heavy Industries. Constitution is Dorian LPG’s eighth newbuilding delivery and will be operated in the newly launched Helios LPG Pool, Dorian said. Including the
Liquefied petroleum gas shipping company Dorian LPG has taken delivery of the ECO VLGC Constitution from Korean shipbuilder Hyundai Samho Heavy Industries. Constitution is Dorian LPG’s eighth newbuilding delivery and will be operated in the newly launched Helios LPG Pool, Dorian said. Including the
Crowley Maritime Corp. subsidiary Jensen Maritime has developed two new, liquefied natural gas (LNG) bunker barge concepts. The first concept involves outfitting an existing barge with an above-deck LNG tank. The concept can be further modified to accommodate more than one type of product, if a cust
Crowley Maritime Corp. subsidiary Jensen Maritime has developed two new, liquefied natural gas (LNG) bunker barge concepts. The first concept involves outfitting an existing barge with an above-deck LNG tank. The concept can be further modified to accommodate more than one type of product, if a cust
A surge in crude tanker vessel capacity over the next two years will lead to a fall in ship-owner earnings from current highs, according to the latest edition of Drewry’s Tanker Forecaster. Tanker owners have enjoyed high freight rates over the recent period, particularly in the dirty tanker market,
A surge in crude tanker vessel capacity over the next two years will lead to a fall in ship-owner earnings from current highs, according to the latest edition of Drewry’s Tanker Forecaster. Tanker owners have enjoyed high freight rates over the recent period, particularly in the dirty tanker market,
South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has cancelled a contract for construction of a drillship amid failure of a US owner to meet payment deadlines. The order was placed by Vantage Drilling in July 2013 and the expected delivery was scheduled for August 18th, 201
South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has cancelled a contract for construction of a drillship amid failure of a US owner to meet payment deadlines. The order was placed by Vantage Drilling in July 2013 and the expected delivery was scheduled for August 18th, 201
Liquefied natural gas (LNG) carrier freight rates have come under severe pressure due to rising fleet supply and stabilising LNG demand, as Japan prepares to restart its nuclear power plants. Despite the general market belief that new LNG supply from Australian projects will provide ample employment
Liquefied natural gas (LNG) carrier freight rates have come under severe pressure due to rising fleet supply and stabilising LNG demand, as Japan prepares to restart its nuclear power plants. Despite the general market belief that new LNG supply from Australian projects will provide ample employment
The world’s second LNG-powered container ship, known as TOTE 2, is scheduled to be launched at the end of this month, the ship’s builder General Dynamics NASSCO informed on Tuesday. The launching ceremony is scheduled for August 29th at NASSCO’s San Diego yard when the name of the new ship will be r
The world’s second LNG-powered container ship, known as TOTE 2, is scheduled to be launched at the end of this month, the ship’s builder General Dynamics NASSCO informed on Tuesday. The launching ceremony is scheduled for August 29th at NASSCO’s San Diego yard when the name of the new ship will be r
Norwegian Shipowners Association has said NO to hazardous beaching of ships, thus becoming the first country to discourage its shipowners from such practices. “As an industry, we cannot defend scrapping of ships in a way that endangers people’s health and puts the environment at risk. Therefore we s
Norwegian Shipowners Association has said NO to hazardous beaching of ships, thus becoming the first country to discourage its shipowners from such practices. “As an industry, we cannot defend scrapping of ships in a way that endangers people’s health and puts the environment at risk. Therefore we s
