Tuesday, July 17, 2018
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Tanker and LNG

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

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,...

Mitsubishi Shipbuilding Holds Christening Ceremony for Diamond Gas Rose, Next-Generation LNG Carrier –...

Mitsubishi Shipbuilding, based in Yokohama, today held the christening ceremony for a next-generation LNG carrier under construction for a joint venture of Mitsubishi Corporation...

Awilco LNG ASA Secures Time Charter Contract for ‘TFDE WilForce’

Awilco LNG ASA has announced that the 2013-built 156,000 cbm TFDE WilForce (the Vessel) has been committed on a 9-12 month time charter contract...

ClassNK grants AIP to NYK Line and Japan Marine United for their joint project...

Leading Classification Society ClassNK granted an Approval in Principle (AIP) based on its Rule Part GF which adopts IGF Code (regulation for ships using...