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Tagged in Pan Ocean

Pan Ocean, Shell name large LNG bunkering newbuild

Pan Ocean and Shell have named a new LNG bunkering vessel with a capacity of 18,000 cbm which Shell will deploy in the Americas. According to a social media post by Shell’s head of downstream LNG, Tahir Faruqui, the company’s newest chartered LNG …
Jul 17, 2023 / Vessels

Pan Ocean to transport energy products for Portugal's Galp

The biggest bulk shipping firm in Korea is diversifying its business with large-scale LNG tankers Pan Ocean Co., the top bulk shipping company in South Korea, has received its first large-scale liquefied natural gas (LNG) carrier to provide shipping …
Jan 6, 2023 / Vessels

Pan Ocean orders first pair of feeders to be built by Daehan Shipbuilding

Pan Ocean ordered two 1,000 teu ships from Daehan Shipbuilding on Friday, with options for two more vessels.The newbuilding price was not disclosed, but VesselsValue indicates that similar ships are now worth approximately $40m.Pan Ocean is South …
Oct 12, 2021 / Vessels

Wärtsilä receives further orders for its LNG cargo handling system

The technology group Wärtsilä has received two more orders for its complete LNG cargo handling and fuel system. The contract has been awarded by Hyundai Mipo Dockyard, the yard building two LNG bunkering vessels for which the Wärtsilä systems will be …
Jun 23, 2021 / Curious

GTT receives its first order of 2021, from SHI for the tank design of a new LNG carrier

GTT has received an order from the Korean shipyard Samsung Heavy Industries (SHI) for the tank design of a new 174,000 m3 LNGC[1] on behalf of the Korean ship-owner Pan Ocean.GTT will design the tank, which will be fitted with the Mark III Flex …
Jan 19, 2021 / Curious

Daewoo Shipbuilding and Marine Engineering secures VLCC Order from Pan Ocean

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has secured an order for a very large crude oil carrier from compatriot shipping company Pan Ocean. Caption: Image Courtesy: DSME The order comes at a very challenging time …
Apr 2, 2020 / Curious

BC Ferries’ Two Hybrid Electric Ships bound for British Columbia

Ships loaded on semi-submersible delivery vessel for Transatlantic voyageBC Ferries’ first two hybrid electric Island Class ferries are on their way to British Columbia. The ships departed Constanta, Romania on November 20, 2019, on a …
Nov 27, 2019 / Vessels

Pan Ocean Expects $13 Billion Lower Revenues from Vale Deal, After Recent Revision to Account for Lower Bunker Costs

Further to Announcement released on SGX-ST on 22 September 2009, Pan Ocean Co., Ltd. (the Company) has announced  that the Company and Vale International SA (Vale) have mutually agreed to change the previous long-term consecutive voyage contracts …
Jan 4, 2019 / Finance