Construction of a gas carrier for MOL/K Line/PRISCO began at Mitsui Engineering and Shipbuilding in the city of Chiba, Japan. Currently underway is the assembly of the ship's hull and the manifold as well as the assembly of gas tanks having complicated technical structure. At the same time, underway are the tests of the gas carrier's different systems. Source: FIS
On June 21, 2013 under the auspices of the St. Petersburg International Economic Forum a number of agreements were signed between Gazprom Marketing & Trading (GM&T), Russian Maritime Register of Shipping (RS), JSC United Shipbuilding Corporation and ОАО Sovcomflot (SCF) to promote Russian content in LNG carriers construction projects. To ensure LNG shipping by sea from the Gazprom Group projects Vladivostok LNG and Sakhalin-2
Daewoo Shipbuilding & Marine Engineering Co., said it has received a $1.22b order to build five liquefied-natural-gas carriers. The deal calls for Daewoo Shipbuilding to supply four of the five carriers for Qatar Gas Transport Co. Ltd., and one for an unidentified European company, the company said in a regulatory filing. Source: Yonhap
Coast Guard personnel deployed to San Pedro de Macoris, Dominican Republic to support Dominican Republic authorities during salvage operations of Liberian gas carrier SCF Tomsk which ran aground Monday. Dominican Republic authorities have established a Unified Command to coordinate salvage operations between local agencies and the marine industry responding to the incident. The Nodrog Shipping Corporation owned vessel has hired marine salvage company Titan to conduct salvage operations
Brunei Gas Carriers Sendirian Berhad, BGC, orders its fourth large LNG carrier from Hyundai Heavy Industries Brunei Gas Carriers Sendirian Berhad, BGC has entered into an agreement for the construction of a new LNG Vessel with Hyundai Heavy Industries Limited of the Republic of Korea and arranged financing with both local and international financial institutions. The Minister of Energy at the Prime Minister's Office in his speech said that the signing was important to the country as it
Mitsui Engineering & Shipbuilding Co., Ltd. (MES), foreseeing the effects of the shale gas revolution to maritime industries, has been developing new type medium size multi gas carrier for sea transport of liquefied natural gas (LNG) and co-product of shale gas such as ethane and ethylene gas (LEG). In the coming decade, LNG carriers (LNGC) may probably be classified into large scale LNGC and medium scale LNGC centering on the hub ports over the world, the builder said.
Grand Bahama Shipyard has received Certification to verify that it recently successfully completeda "Liquid Natural Gas Carrier " training and familiarisation programme run by Det Norske Veritas. Aware of the special features of LNG Carriers and the specific requirements that they have during their dry-docking and repair programmes, the shipyard commissioned DNV to devise a customised course to address all the issues that arise with these Specialised Vessels.
Saudi Basic Industries Corporation (SABIC) says it is the world's first chemical company to commission LNG-run gas carriers. SABIC's new tankships will be powered by liquefied natural gas (LNG) to transport its olefins products, in anticipation of a European Union directive to drastically reduce sulphur emissions from vessels operating in the North Sea by 2015. The two new gas carriers will be used to transport olefins from a major plant on Teesside, England
ABS has granted Approval in Principle (AIP) to a new gas containment system concept designed in Norway by Brevik Technology, a Vard subsidiary. The containment system uses a series of independent, cylindrical IMO Type-B tanks and for the AIP was designed for application in a gas carrier of 30,000 cbm. ABS assessed the concept against the requirements of the International Gas Code, ABS Rules and the ABS Guide for Liquefied Gas Carriers with Independent Tanks
The Great Eastern Shipping Company Ltd. (G E Shipping) has contracted to buy a Secondhand Very Large Gas Carrier (1996 built) of about 76,931 cbm. The Japan-built vessel will be delivered to the company in Q1 FY 2016-17. The Company’s current fleet stands at 32 vessels, comprising 23 tankers (8 crude carriers, 14 product tankers, 1 LPG carrier) and 9 dry bulk carriers (4 Kamsarmax, 5 Supramax) with an average age of 10.4 years aggregating 2.5 mn dwt.
Parker Bestobell Marine, a supplier of cryogenic valves and part of Parker, a leader in motion and control technologies, has received a major new order from DSME (Daewoo Shipbuilding & Marine Engineering) in South Korea to supply cryogenic valves for three new vessels.
BW Group (BW) has signed a 15-year agreement with Pakistan GasPort Limited (PGPL) to provide LNG regasification services utilizing a new-build Floating Storage and Regasification Unit (FSRU) for the second Pakistan LNG terminal.
Chinese shipbuilder Yangzijiang Shipbuilding Holdings Ltd said it plans to cut 2,000 additional jobs, just under 10 percent of its current workforce, stepping up efforts to cut costs as new vessel orders slide amid a volatile global economy.
Norwegian Marine Transportation Service Company I.M. Skaugen SE reported interim losses but cautiously positive and expecting a gradual recovery of trading opportunities for long routes the petrochemical market. The gas carrier owner reported profit before and after tax of minus $ 5
South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) and Sovcomflot have agreed to delay a liquefied natural gas carrier being built for the Yamal LNG project in Russia. According DSME statement the vessel, which was originally scheduled for June this year re-set the
Despite the many domestic and market challenges facing the Hellenic ship owning community, Greece has continued to strengthen its position as the largest ship owning nation in recent years, says Clarksons Research. As the shipping community begins to gather for another Posidonia
The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a Secondhand Very Large Gas Carrier “Jag Vidhi” (1996 built) of about 76,931 cbm. The company had contracted to buy the vessel in April 2016. With the inclusion of the vessel
GTT has received an order from Hyundai Heavy Industries (HHI) for two new liquefied natural gas carriers (LNGCs) to be built at HHI’s shipyard in Ulsan for SK Shipping, a Korean shipowner. Delivery is scheduled in 2019.
Hyundai Heavy Industries Co. (HHI) struck a $400 million worth deal to build two liquefied natural gas (LNG) carriers for SK Shipping Co., a Korean shipowner. According to the sources, the vessel can carry 180,000 cubic meters of LNG
China's largest shipping company by fleet size China COSCO Shipping Co has officially launched COSCO Shipping Energy Transportation Co in Shanghai on Monday, creating the world's largest oil tanker fleet in terms of both ship numbers and deadweight tonnage, says a report in China.org.cn.
DESMI Ocean Guard receives ATEX certification for its RayClean-EX ballast water treatment system, enabling installation in hazardous areas on tanker vessels On June 9, 2016 DEKRA EXAM GmbH issued ATEX certificate for DESMI’s RayClean-EX ballast water treatment system
Mitsui Engineering & Shipbuilding Co., Ltd. (MES) has completed the world’s first ME-GIE ethane-operated two-stroke diesel engine. The engines will be for propulsion of three ethylene carriers, which will also carry ethane as cargo.
The supply of ships into the fleet is a key determinant of vessel earnings across the shipping sectors, and world fleet growth is closely followed by everyone in the maritime industry, says Clarksons Research. In recent years the overall pace of growth of the world fleet appears to
Record U.S. LPG exports to Asia flip market into a glut. Last year, liquefied petroleum gas (LPG) supplied to Asia was being snapped up by petrochemical makers. Now, after a flood of U.S. exports into the region, the market is awash with LPG and supplies are being stored in ships anchored off
Vessel sales for July 2016 (as of August 1) as prepared by Shipping Intelligence, Inc., New York. Date Reported - Vessel Name - DWT - Built - (Age) - Price in Millions USD Bulk Carriers 7/19 - WILSON ROUEN - 6,085 - 76 - (40) - $0.45