Friday, July 20, 2018
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Tanker and LNG

All the latest news and analysis of the Tanker and LNG Sector

HHI Confirms Marinakis’ Newbuildings, Bags 836.5 Bln Won LNG Ship Order

Hyundai Heavy Industries Co. said Tuesday it has received a 836.5 billion won (US$744 million) order to build four liquefied natural gas carriers for...

India: Maersk Tankers in Talks for Coastal Oil Movement

Global shipping major Maersk Tankers is ramping up its presence in the country and is also in talks for an intra-country coastal movement of...

CME Group and Cheniere Energy Reach Agreement to Develop First-Ever Physically Deliverable LNG Futures...

CME Group, the world's leading and most diverse derivatives marketplace, and Cheniere Energy, Inc., a pioneer in the liquefaction and export of U.S. liquefied...

Frontline: Termination of Long Term Charter-in Contracts of Three VLCCs

Frontline Ltd. on Friday announced that Frontline Shipping Limited (“FSL”) has agreed with Ship Finance International Limited (“Ship Finance”) to terminate the long term...

New Vessel Delivered to NAT, Impacting Earning Capacity Positively

The first among the newbuildings of Nordic American Tankers coming from Samsung shipbuilding in South Korea has been delivered to NAT. The second ship...

Epic Gas Ltd. Closes US$ 34 Million Refinancing A Total of 9 Vessels Refinanced...

Epic Gas has announced today (9 July 2018), that it has refinanced a further 5 LPG carriers through Crédit Agricole Corporate and Investment Bank. The...

ClassNK releases Guidelines for Liquefied Gas Carrier Structures – Independent Prismatic Tanks – (Second...

Leading Classification Society ClassNK has released its Guidelines for Liquefied Gas Carrier Structures – Independent Prismatic Tanks (Second Edition). The Guidelines specify the technical...

Q3 2018 Asia Shipping Outlook: Oversupply sinking dirty tankers; clean hit by newbuilding VLCCs

The Asian dirty tankers market is expected to be subdued in the third quarter, despite plans of exporting countries to increase output, but the...

LNG Tankers ‘Vladimir Rusanov’ and ‘Eduard Tolle’ Complete Passage along Northern Sea Route

NOVATEK on Friday reported that two Arc7 ice-class tankers "Vladimir Rusanov" and "Eduard Tolle" have successfully completed the passage along the Northern Sea Route...

Japan’s First LNG Bunkering Vessel to Start Operation in 2020

Central LNG Shipping Japan Corporation (Hereinafter: CLS), a joint venture established by Kawasaki Kisen Kaisha, Ltd., Chubu Electric Power Co., Inc., Toyota Tsusho Corporation,...