PaxOcean, a subsidiary of Kuok Singapore Limited, has won newbuilding contracts for the construction of a 2,300m³ trailing suction hopper dredger (TSHD) and two 3,500m³ split hopper vessels for Royal IHC. The vessels, set to be constructed at PaxOcean Graha in Batam, Indonesia, are expected to be de
Singapore-based Saga LNG Shipping has received an approval in principle from China Classification Society (CCS) for an 80,000-cbm liquefied natural gas carrier. This ship includes a patented LNG tank system named LNT A-Box developed by LNT Marine and will have a shallow draft of nine meters. Saga LN
German shipyard Meyer Werft said on Friday it has once more pushed back the delivery of the world’s first liquefied natural gas (LNG)-fueled cruise ship AIDAnova. The vessel is owned by Carnival Corporation’s AIDA Cruises. To remind, Meyer Werft said in October that the delivery of AIDAnova would be
French LNG containment specialist GTT has received a new order from Hyundai Heavy Industries (HHI) to design storage tanks for two LNG carrier newbuilds.
Construction works continue on the 8.500m³ trailing suction hopper dredger (TSHD) Samuel de Champlain, which is being converted from diesel-electric propulsion burning MGO to dual-fuel capability combining LNG and MGO. The conversion of this hopper dredger to a dual fuel propulsion combining LNG and
Russian shipping company Sovcomflot has signed a $149 million credit facility to finance the construction of a 174,000-cbm Atlanticmax LNG carrier. The credit facility, for up to 10 years, has been agreed with a consortium of three international banks, comprising ING Bank, KfW IPEX-Bank and Crédit A
GasLog Partners, the New York-listed spinoff of LNG shipper GasLog, said Wednesday it closed the previously announced acquisition of LNG carrier Methane Becki Anne. GasLog Partners bought from its parent company 100 percent of the shares in the entity that owns and charters the Methane Becki Anne to
Japanese shipping giant Nippon Yusen Kaisha (NYK Line) signed a charter contract with China’s Unipec, the trading arm of state oil major Sinopec, for a 149,700-cbm LNG carrier. NYK will charter the 2007-built Grace Acacia to Unipec for four-and-a-half years starting in February 2019. Chinese LNG imp
The new LNG-fueled bulk carrier Viikki, owned by ESL Shipping, a subsidiary of the Aspo, has started operating on the Baltic Sea.
French liquefied natural gas containment system specialist, GTT, has been contracted to design the tank for a 174,000-cbm LNG carrier newbuild.
Avenir LNG, a joint venture set up by Stolt-Nielsen Limited, Golar LNG and Höegh LNG has completed a private placement raking in $110 million as the capitalization of the company starts.
Liquefied natural gas (LNG) carrier GasLog Saratoga, owned by Monaco-based shipping company GasLog, suffered no damage after it ran aground on November 9 while approaching the port of Heraklion on the Greek island of Crete. The 155,000-cbm GasLog Saratoga “was in a laden condition and was moving to
Lloyd’s Register has granted an approval in principle to STX for a 50,000 dwt MR tanker design capable of using LNG as a fuel.
Russia’s largest independent natural gas producer Novatek said its unit, Novatek Gas and Power Asia, shipped a cargo of LNG produced from the Yamal LNG project to China National Offshore Oil Corporation (CNOOC).