Dutch energy and commodities group Vitol and South Korea's H-Line Shipping have executed a 10-year time-charter agreement for a newbuild, latest generation LNG carrier.The commodity trader said that the 174,000m3 vessel with XDF propulsion is…
State-owned Qatar Petroleum and the Netherlands-based oil and gas company Shell signed a shareholder agreement to establish a joint venture for global LNG bunkering services.The agreement signed by Qatar Petroleum’s Wave LNG Solutions and Shell Gas & Power Developments B…
Dutch dredging company Royal Boskalis Westminster announced that its 50%-owned associate company Smit Lamnalco is contracted by Coral FLNG to provide marine services to the first Mozambique floating liquefied natural gas (FLNG) terminal.The…
Colombia´s LNG Import Terminal Sociedad Portuaria El Cayao (SPEC LNG) has signed a joint development agreement with Calamari LNG, Avenir LNG and Höegh LNG on providing additional LNG services at the Cartagena import facility.The additional services…
ABS, the global provider of classification and technical advisory services to the marine and offshore industries, announced that it is collaborating with South Korean shipbuilder Samsung Heavy Industries (SHI) on a next generation LNG carrier…
Sergei Frank will step down as president and chief executive of Russian state-controlled shipping giant Sovcomflot after 15 years at the helm, four sources familiar with the decision told Reuters on Tuesday.Frank will give up operational control…
The manager of specialized floating assets EXMAR Ship Management and ship management company Anglo Eastern Univan Group formed a joint venture (JV) dedicated to the newbuilding supervision and vessel management of LNG carriers for third-party owners…
Russian maritime shipping company specializing in petroleum and LNG shipping Sovcomflot (SCF Group) and NYK Line have announced that they have signed a new $176 million non-recourse credit facility for eight years with three leading international banks…
Hyundai Samho Heavy Industries (HSHI), a unit of the South Korean shipbuilder Hyundai Heavy Industries (HHI), has won an order for a liquefied natural gas (LNG) carrier.According to a stock exchange announcement by HHI, the deal has a value of $191…
Russian oil and gas company Gazprom Neft has announced that a working meeting has been held between Alexey Miller, Chairman of the Gazprom Management Committee, and Hee-Bong Chae, President and Chief Executive of KOGAS.The meeting participants…
Russian oil producer Gazprom Neft, Gazprom gas-engine fuel, and the United Shipbuilding Corporation (USC) have concluded a tripartite cooperation and strategic partnership agreement on developing a liquid natural gas (LNG) fleet and related infrastructure…
The $21.3 billion Arctic liquefied natural gas (LNG)-2 project on the Gydan Peninsula headed by the Russian largest independent natural gas producer Novatek won a green light on Thursday.The project will have a production capacity of 19.8 million…
The Port of Rotterdam on Wednesday said it expects sales of liquefied natural gas (LNG) as a bunker fuel to increase in the coming years as ships are forced to switch to cleaner sources of energy.Europe's largest sea port expects throughput of LNG as a bunker fuel to increase to around 30…
South Korean shipbuilder Samsung Heavy Industries (SHI) has announced that it has signed a contract to assist Russian shipyard Zvezda Shipbuilding Complex with the construction of icebreaker LNG carriers for the Arctic LNG 2 project.According to a statement…
The Port of Rotterdam on Wednesday said it expects sales of liquified natural gas (LNG) as a bunker fuel to increase in the coming years as ships are forced to switch to cleaner sources of energy.Europe's largest sea port expects throughput of LNG as a bunker fuel to increase to around 30…