Flex LNG signs $550m of financing for four LNG carriers

Flex LNG signs $550m of financing for four LNG carriers

Flex LNG LTD (OSE:FLNG) (Flex LNG) announced on Monday (Apr29) that it has entered into a sale-charter back transaction with Hyundai Glovis Co. Ltd. (Hyundai Glovis) for the vessels Flex Endeavour and Flex …
May 3, 2019 /  Finance
Qatar Petroleum initiates LNG ship construction program for 100+ new LNG carriers

Qatar Petroleum initiates LNG ship construction program for 100+ new LNG carriers

Qatar Petroleum yesterday issued an ‘invitation to tender’ for the reservation of ship construction capacity required for the LNG carrier fleet for its North Field Expansion (NFE) Project, which will increase …
Apr 23, 2019 /  Curious
Hyundai LNG Shipping Announces Order for one VLGC at HHI

Hyundai LNG Shipping Announces Order for one VLGC at HHI

Hyundai LNG Shipping Company (HLS, the Company), South Korean owner of 10 LNG Carriers, has placed an order at Hyundai Heavy Industry for the construction of one 84,600cbm Very Large Gas Carrier(VLGC). The vessel will …
Apr 19, 2019 /  Vessels
Avenir LNG Agrees to Cancel Newbuilding Order with Keppel Singmarine

Avenir LNG Agrees to Cancel Newbuilding Order with Keppel Singmarine

Avenir LNG Ltd (N-OTC: Avenir) announced on Friday (Apr12) that it has agreed with Keppel Singmarine to cancel the options to build its 3rd and 4th 7,500 cbm LNG carriers at Keppel Nantong. Avenir is scheduled to …
Apr 15, 2019 /  Curious
Spotted: Naming ceremony of 4 new building Arctic-class LNG of Yamal Project held in South Korea

Spotted: Naming ceremony of 4 new building Arctic-class LNG of Yamal Project held in South Korea

On March 28, 2019, a naming ceremony of co-invested 4 new built LNG carriers by Teekay and CLNG was grandly held in DSME shipyard in South Korea. The 4 new buildings are specialized for Yamal project. Vice chairman of …
Apr 3, 2019 /  Vessels
Nakilat expands fleet with four additional LNG carriers, bringing its fleet strength to 74 vessels

Nakilat expands fleet with four additional LNG carriers, bringing its fleet strength to 74 vessels

Nakilat has established a new joint venture (JV), ‘Global Shipping Co. Ltd.’, with shipping company Maran Ventures Inc. (Maran Ventures). Under the agreement, Nakilat will have a 60% stake in the JV while …
Mar 28, 2019 /  Vessels
Expanding Nakilat’s global outreach through New Panama Canal Transits

Expanding Nakilat’s global outreach through New Panama Canal Transits

As one of the world’s leading transporter of clean energy, Nakilat’s fleet of 70 vessels deliver to more than 26 countries across the world. Company’s 4 very large LPG carriers (VLGCs) delivered …
Mar 27, 2019 /  Curious
Wärtsilä lifecycle solution to provide reliable support to Tokyo LNG Tanker Co.

Wärtsilä lifecycle solution to provide reliable support to Tokyo LNG Tanker Co.

The technology group Wärtsilä has signed a long-term Wärtsilä Optimised maintenance solution with Japanese LNG shipowner Tokyo LNG Tanker Co. Ltd, a subsidiary of Tokyo Gas. The solution will support …
Feb 26, 2019 /  Vessels
INPEX selects NAPA to deliver performance monitoring for all of its LNG carriers servicing its Ichthys project

INPEX selects NAPA to deliver performance monitoring for all of its LNG carriers servicing its Ichthys project

ClassNK-NAPA GREEN provides continuous real-time data to monitor and improve safety and performance NAPA, the leading maritime software, services and data analysis provider, yesterday announced that after a competitive …
Feb 13, 2019 /  Vessels
GTT received an order for the tank design of two new LNG carriers

GTT received an order for the tank design of two new LNG carriers

GTT has received an order from an Asian shipyard concerning the tank design of two new LNG carriers. GTT’s membrane containment system NO96 GW has been selected for the design of the tanks. The vessels’ …
Feb 1, 2019 /  Vessels