FLEX LNG Ltd. to buy five 5th generation LNG newbuildings

FLEX LNG Ltd. to buy five 5th generation LNG newbuildings

FLEX LNG Ltd. is contemplating to enter into a transaction for the acquisition of five 5th generation LNG newbuldings comprising three high-end MEGI LNG carriers currently under construction at Daewoo Shipbuilding and …
Oct 11, 2018 /  Vessels
Teekay announces delivery of the third and final East Coast Canada shuttle tanker - Dorset Spirit

Teekay announces delivery of the third and final East Coast Canada shuttle tanker - Dorset Spirit

The third and final Heritage Class shuttle tanker has officially joined the Teekay fleet Two years and nine months after the contract signing, the last Heritage Class newbuilding shuttle tanker Dorset Spirit is ready to …
Mar 13, 2018 /  Vessels
CMA CGM - The first shipping company to choose liquefied natural gas for its biggest ships

CMA CGM - The first shipping company to choose liquefied natural gas for its biggest ships

On the occasion of the COP23 in Bonn (Germany), the CMA CGM Group, a world leader in maritime transport, has announced its decision to equip its 9 future ships of 22,000 TEUs (Twenty-foot Equivalent Unit), delivered in …
Nov 7, 2017 /  Curious
WFW advises lenders on US$318m loan facility for five newbuildings

WFW advises lenders on US$318m loan facility for five newbuildings

International law firm Watson Farley & Williams (WFW) has advised the lenders as lead counsel in relation to a US$318m syndicated senior loan facility which finances the acquisition of five newbuildings built by …
Nov 7, 2017 /  Finance
Skangas to supply LNG to ESL Shipping’s bulk carrier newbuildings

Skangas to supply LNG to ESL Shipping’s bulk carrier newbuildings

Skangas and ESL Shipping have entered into an agreement for providing gas fuel to ESL’s LNG-powered bulk carrier newbuildings. These two new vessels will start operating during first half of 2018. The first of the …
Aug 24, 2017 /  Curious
Philly Shipyard announces TOTE Maritime as its partner under the previously disclosed LOI to build up to four new containerships

Philly Shipyard announces TOTE Maritime as its partner under the previously disclosed LOI to build up to four new containerships

Reference is made to a release Thursday (Aug 17) by Saltchuk where the company announced its plan to expand its domestic shipping services to Hawai'i under its TOTE Maritime brand (TOTE). Philly Shipyard, Inc. (PSI), a …
Aug 18, 2017 /  Curious
Aqualis Offshore lands audit job for LNG carrier

Aqualis Offshore lands audit job for LNG carrier

Offshore marine and engineering consultancy Aqualis Offshore, part of Oslo-listed Aqualis ASA, has been contracted by Hyundai Samho Heavy Industries Co. Ltd to provide an engineering study of a new-build LNG carrier the …
Jul 6, 2017 /  Curious
DHT Holdings announces completion of delivery of all vessels acquired from BW Group and transfer of two newbuilding contracts

DHT Holdings announces completion of delivery of all vessels acquired from BW Group and transfer of two newbuilding contracts

DHT Holdings, Inc. (NYSE:DHT) (DHT) announced that it has completed the delivery of the nine VLCCs acquired from the BW Group Limited and the contracts for the two newbuildings due for delivery in 2018 have been …
Jun 27, 2017 /  Vessels
Teekay’s First LNG Newbuilding Carrier Built in China Completes Sea Trials

Teekay’s First LNG Newbuilding Carrier Built in China Completes Sea Trials

Teekay announced yesterday that Pan Asia has successfully completed sea trials off the east coast of Shanghai in the East China sea. Pan Asia is the first of four 174,000 cubic meter Tri-Fuel Diesel Electric (TFDE) …
Jun 21, 2017 /  Vessels
Hapag-Lloyd holds naming ceremony for 10,500 TEU ship Guayaquil Express in Hamburg

Hapag-Lloyd holds naming ceremony for 10,500 TEU ship Guayaquil Express in Hamburg

Fourth of five newbuildings in the new vessel class / High reefer capacity for the Europe-South America trade / High environmental and efficiency standards / German flag / Patron is Christine Kühne Hapag-Lloyd will …
Jun 17, 2017 /  Vessels