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QatarEnergy, Exvelerate Energy Sign 15-year Agreement to Supply 1 MTPA of LNG to Bangladesh

QatarEnergy and Excelerate Energy (Excelerate) signed a long-term LNG sale and purchase agreement (SPA) for the supply of LNG from Qatar to Bangladesh. Pursuant to the SPA, Excelerate will purchase up to one million tons per annum (MTPA) of LNG from …
Jan 29, 2024 / Curious

Höegh Autoliners ASA - Sale of Höegh Bangkok and purchase of Höegh Jacksonville

Höegh Autoliners ASA, has reached an agreement for the sale of the vessel Höegh Bangkok (IMO9318474) for a price of USD 63,000,000. Höegh Bangkok was constructed by Höegh at the Uljanik shipyard in 2007 and has a capacity of 6500 CEU. She is sailing …
Nov 2, 2023 / Vessels

AAL Transports 12,800 FRT of Vital Components On Single Sailing For Texas LNG Project

Premium Project Heavy Lift Carrier, AAL Shipping (AAL), this summer executed a complex operation to transport over 12,800 Freight Tonnes (FRT) of heavy lift project cargo from the South Korean ports of Kunsan and Pyeongtaek to Beaumont in Texas – …
Oct 10, 2023 / Curious

Hambantota International Port sets new record for 2023 Oil & Gas throughput

The Hambantota International Port (HIP) has increased its bunker supplies nearly six times more than their 2022 volumes in the current year.  As of June 2023, the port completed over 500,000 metric tons of oil and gas throughput, successfully …
Jul 28, 2023 / Curious

Annual dredging at the Port of Weipa complete

Dredge vessel TSHD Brisbane and its supporting vessels have left the Port of Weipa after completing a 45-day program. NQBP would like to commend all staff and contractors for their work in completing the dredging program in Weipa. Around 780,000m3 …
Jul 5, 2023 / Curious

HIP Breaks New Ground in RO-RO Transshipment

The Hambantota International Port (HIP) handled over 900 units of the latest BMWs transshipped from the Port of Koper - Slovenia to the Port of Pyeongtaek in South Korea last week. While usual traffic for transshipment at HIP is in the East to West …
Apr 21, 2023 / Curious

NYK Certifies Ship-Recycling Facility in Bangladesh for Meeting Environmental, Safety, and Human Rights Standards

NYK has certified PHP Ship Recycling Facility in Bangladesh for meeting NYK’s standards for ship-recycling measures pertaining to the environment, safety, occupational health, and respect for human rights. PHP Ship Recycling Facility, which is a …
Mar 13, 2023 / Curious

Fairbanks Morse Defense Awarded Sole-Source Service Contract for LCS Freedom-Class Vessels

Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has been awarded a five-year indefinite-delivery/indefinite-quantity (IDIQ) requirements contract by the U.S. Navy. The agreement makes FMD the sole source for …
Jan 25, 2023 / Naval

New RORO business to Hambantota International Port in 2023

HIP's RORO numbers, which is expected to increase rapidly this year, was endorsed by NYK vessel MV HERMES LEADER, which arrived at the port this week, with new volumes. A total of 1156 units which came from India will be transshipped to South Africa, …
Jan 6, 2023 / Curious

Hambantota International Port surpasses half a million mark of RORO cargo

Hambantota International Port reached the milestone of handling 500,000 RORO cargo units in 2022 this November, with the discharging of 4302 units from Hyundai Glovis' Hae Shin to the yard for transshipment.   Caption: RORO yard at HIP …
Dec 13, 2022 / Vessels