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
MOL held a naming ceremony for Tokyo Gas’ LNG pair

MOL held a naming ceremony for Tokyo Gas’ LNG pair

TOKYO-Mitsui O.S.K. Lines, Ltd. (MOL) announced that a naming ceremony for two newbuilding LNG carriers was held at the Tsu Shipyard of Japan Marine United Corporation (JMU) on April 24. Caption: Energy Innovator …
Apr 25, 2019 /  Vessels
Teekay LNG Partners Declares 36% Increase in Common Unit Distribution and Secures New 3-Year Charter

Teekay LNG Partners Declares 36% Increase in Common Unit Distribution and Secures New 3-Year Charter

Teekay GP LLC, the general partner of Teekay LNG Partners L.P. (Teekay LNG) (NYSE: TGP), has declared a cash distribution of $0.19 per common unit for the quarter ended March 31, 2019, representing a 36 percent increase …
Apr 24, 2019 /  Vessels
LNG Vessel Completes 6,000th Neopanamax Transit at the Panama Canal

LNG Vessel Completes 6,000th Neopanamax Transit at the Panama Canal

Yesterday, the Panama Canal welcomed its 6,000th Neopanamax vessel through the Expanded Canal, underscoring the route’s ability to accommodate the highly-dynamic liquefied natural gas (LNG) segment, which first …
Apr 24, 2019 /  Vessels
GTT receives new order from Hyundai Samho to design the tanks of an LNG carrier for NYK

GTT receives new order from Hyundai Samho to design the tanks of an LNG carrier for NYK

GTT has received an order from Hyundai Samho Heavy Industries (HSHI) for the tank design of a Liquefied Natural Gas Carrier (LNGC) on behalf of the Japanese ship-owner Nippon Yusen Kaisha (NYK). GTT’s Mark III …
Apr 24, 2019 /  Curious
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
Mitsubishi Shipbuilding Holds Christening Ceremony for Next-Generation LNG Carrier Diamond Gas Sakura

Mitsubishi Shipbuilding Holds Christening Ceremony for Next-Generation LNG Carrier Diamond Gas Sakura

Significantly improved LNG carrying capacity and fuel performance from enhanced hull structure and hybrid propulsion system Third ship for Mitsubishi Corporation and NYK Line, to be put into service for Toho Gas and …
Apr 22, 2019 /  Vessels
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
Keppel receives final approval for the conversion of Gimi FLNG project

Keppel receives final approval for the conversion of Gimi FLNG project

Keppel Offshore & Marine (Keppel O&M)'s wholly-owned subsidiary, Keppel Shipyard Ltd (Keppel Shipyard), has received the Final Notice to Proceed (FNTP) from Gimi MS Corporation, a subsidiary of Golar LNG Limited, …
Apr 17, 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