Newbuilding Methanol Carrier for Proman Shipping Named CASTARA

Newbuilding Methanol Carrier for Proman Shipping Named CASTARA

On November 27th 2018, Proman Shipping and Mitsui O.S.K. Lines, Ltd. (MOL) held a naming ceremony for a newbuilding Methanol Carrier for Proman Shipping at the Hyundai Mipo Drydock (HMD) in Korea. The vessel was named …
Dec 13, 2018 /  Vessels
Hyundai Mipo wins order for Korea’s first mid-sized LNG carrier from Norway

Hyundai Mipo wins order for Korea’s first mid-sized LNG carrier from Norway

Hyundai Mipo Dockyard said Thursday it has signed a $77 million contract to build what will be Korea’s first mid-sized liquefied natural gas (LNG) carrier for a foreign shipping company. The Korean shipbuilder …
Dec 6, 2018 /  Curious
Höegh LNG Announces Delivery of FSRU number nine - Höegh Gannet

Höegh LNG Announces Delivery of FSRU number nine - Höegh Gannet

Höegh LNG Holdings Ltd. (Höegh LNG) today took delivery of Höegh Gannet, its ninth floating storage and regasification unit (FSRU). Image for illustrative purposes only - Photo credits: Höegh …
Dec 6, 2018 /  Vessels
Hyundai Heavy Industries wins deal for 2 LNG carriers

Hyundai Heavy Industries wins deal for 2 LNG carriers

Hyundai Heavy Industries Group said Monday it received an order to build two liquefied natural gas (LNG) carriers for an unidentified Asian shipping company. The group said its affiliate, Hyundai Samho Heavy …
Dec 4, 2018 /  Vessels
TOP Ships Inc. Announces Conclusion of Suezmax Financing and Additional Sources of Capital

TOP Ships Inc. Announces Conclusion of Suezmax Financing and Additional Sources of Capital

TOP Ships Inc., an international owner and operator of modern, fuel-efficient “ECO” tanker vessels currently focusing on the transportation of crude oil and petroleum products, announced Monday that it has …
Dec 4, 2018 /  Finance
Höegh LNG names ninth FSRU - Höegh Gannet

Höegh LNG names ninth FSRU - Höegh Gannet

Norway-based FSRU provider Höegh LNG held on Tuesday a naming ceremony for its ninth floating storage and regasification unit (FSRU) at South Korea’s Hyundai Heavy Industries. The vessel named Höegh …
Nov 28, 2018 /  Vessels
Hyundai Samho Heavy Industries Wins Order for 2 LNG Tankers from Greek Shipbuilder

Hyundai Samho Heavy Industries Wins Order for 2 LNG Tankers from Greek Shipbuilder

Hyundai Heavy Industries Group announced on Monday (Nov 26) that it has won contracts for 22 liquefied natural gas (LNG) carriers, about half of all LNG carrier orders placed in the world this year. The latest order …
Nov 28, 2018 /  Curious
Kuwait Oil Tanker Co. Orders Three LPG Tankers

Kuwait Oil Tanker Co. Orders Three LPG Tankers

Kuwait Oil Tanker Co. (KOTC) has ordered three giant liquefied petroleum gas tankers (LPG) from Hyundai Heavy Industries at a cost of KWD64.895 million (USD213.360 million), the state-run Kuwait News Agency (KUNA) quoted …
Nov 26, 2018 /  Curious
HMM Blueprint for the Year 2022

HMM Blueprint for the Year 2022

On October 26, HMM HQ employees gathered in the Seoul office to hear CEO C.K. Yoo’s presentation on HMM’s blueprint for the year 2022. Mr. Yoo presented HMM’s target of building up its capacity to 1 …
Oct 30, 2018 /  Curious
Ocean Yield announces investment in two chemical tankers with long-term charters

Ocean Yield announces investment in two chemical tankers with long-term charters

Ocean Yield ASA (Ocean Yield) announced on Thursday (Oct 25) that the Company has agreed to acquire two 2015 built 37,000 dwt IMO II chemical tankers with 12-year bareboat charters to companies owned and guaranteed by …
Oct 29, 2018 /  Vessels