Wednesday, April 25, 2018
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Tanker and LNG

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

Shanghai North Sea Shipping Orders Tankers at GSI

Chinese tanker owner Shanghai North Sea Shipping has placed an order at Guangzhou Shipyard International, a subsidiary yard of CSSC Offshore & Marine Engineering...

Indian Government’s Plans to Build LNG Ships in Doldrums

The Indian Government is abandoning a four-year effort to build LNG ships locally after GAIL (India) Ltd said that it no longer needed to...

Titan LNG: Adoption of LNG as Marine Fuel Significantly Accelerated in 2017

The order book for LNG-powered ships grew substantially, the LNG bunkering infrastructure is maturing and the pricing of LNG has become structurally competitive versus...

Saudi Aramco, Partners Launch International Maritime Industries Company

On December 30, Saudi Aramco and its partners; Lamprell Plc, the National Shipping Company of Saudi Arabia (“Bahri”); and Hyundai Heavy Industries Co. Ltd....

Total, Shell Lease Out Iranian Oil Tankers

National Iranian Tanker Company (NITC) Managing Director Sirous Kianersi said that Total and Shell are among the international companies that have leased out Iranian...

Soaring Prices & Tight Supply, Drive LNG Tanker Speeds to 3-Year High

Average LNG tanker speeds have raced to the highest since February 2015 and voyage length has shortened dramatically as sellers seek to capitalise on...

Flex LNG Enters into Time-Charter Contract for LNG Carrier Newbuilding

FLEX LNG today announced that it has entered into a time-charter contract for the LNG carrier newbuilding, FLEX ENDEAVOUR, to Uniper Global Commodities ("Uniper"),...

Samsung Heavy Industries to Sign USD 197 Million Deal to Build LNG Carrier

Samsung Heavy Industries on Thursday said that it will sign a deal worth 210 billion won (USD 197 million) to build a liquefied natural...

Kuwait’s KOTC Plans Gas Tanker Increase by 2020

Kuwait Oil Tankers Co said its 2020 fleet modernisation plan aims for a significant increase of its gas and petroleum product vessels based on...

Iran Tanker Company Signs Over 200 Charter Deals in 2 Years

The National Iranian Tanker Company has signed over 200 leasing contracts for its vessels in two years since international economic curbs were lifted. After...