Bergesen has sold the gas carriers Havsol and Havbris, both 12,000 cbm, built in 1976 and 1977 respectively. Havsol was s old for scrap, while Havbris was sold to Greek interests for continued operation. Delivery is expected to take place within end of May 2003. The sale will generate an insignificant sales profit in secondBergesen Sell Gas Carriers Bergesen has sold the gas carriers Havsol and Havbris, both 12,000 cbm, built in 1976 and 1977 respectively. Havsol was sold for scrap, while Havbris was sold to Greek interests for continued operation. Delivery is expected to take place within end of May 2003. The sale will generate an insignificant sales profit in second quarter 2003.
Sovcomflot’s new state-of-the-art LNG carrier 'Velikiy Novgorod' launched from STX Offshore & Shipbuilding shipyard. The Velikiy Novgorod was ordered by OAO Sovcomflot for operations under a long-term agreement with Gazprom Global LNG (part of Gazprom) as the first of two vessels ordered by SCF from STX Offshore & Shipbuilding Co. Ltd and her construction is scheduled to be completed in December, 2013
In the last two decades gas shipping sectors have been amongst the faster growing parts of the the world of global shipping industry, says Clarksons Research. This week’s Analysis takes a look at how shipping’s ‘coolest’ sector has grown in prominence to become part of the mainstream, and some of the ups and downs along the way. Gas (LNG and LPG) shipping may once have been considered by some as a relatively niche part of global shipping
Navigator Holdings Ltd. today announced that it has exercised its last remaining option to construct a 22,000 cubic meter gas carrier at Jiangnan Shipyard (Group) Co Ltd. in China at the previously agreed construction price of $44 million, with the vessel scheduled for delivery in March 2016. Furthermore, Navigator has entered into a contract with Jiangnan to construct a 35,000 cubic meter gas carrier for delivery in April 2016
GAC is showcasing its full range of ship agency and related services for gas carriers at the Gastech, where GAC’s groundbreaking ‘HullWiper’ ROV system will also be on display. Launched in late 2013, the HullWiper Remotely Operated Vehicle (ROV) system offers an eco-friendly, diver-free and highly efficient hull cleaning solution that helps LNG carriers to save time and money on their hull cleaning requirements in port.
The future of marine fuels from the Liquefied Gas Carrier National Center of Expertise The Pacific Merchant Shipping Association hosted The Future of Marine Fuels: Emission Control Area and Liquefied Natural Gas Conference in San Pedro, California on December 4, 2014. Representing the U.S. Coast Guard’s (USCG) Liquefied Gas Carrier National Center of Expertise (LGC NCOE) were Lt. Cmdr. Anthony Hillenbrand and Scott LaBurn.
Drydocks World announced that an Alliance Agreement has been signed with EXMAR Shipmanagement Drydocks World, whose business is in ship repair, conversion and new building, has announced that it has signed an Alliance Agreement with EXMAR Shipmanagement, a company that offers high-end ship management services to the maritime industry. The two companies hope to strengthen their relationship on the basis of the new Alliance Agreement
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 $ 5.1 million (loss) in Q2 2016. The same quarter a year ago profit before and after tax minus $ 0.5 million. Freight revenues amounted to $ 18.5 million in this year's 2nd quarter, against 15
Belgian gas shipping group Exmar said on Thursday that the market for its very large and midsize gas carriers was at historically high levels in the third quarter and was expected to remain good in spite of new vessels being delivered in 2015. The group said its LNG business unit generated $8.5 million in operating profit in the third quarter, up from $7.8 million last year, while its LPG fleet saw an earnings spike to $15.6 million from $5
DryShips Inc. announced today that, it has agreed to enter into a “zero cost” Option Agreement (“LPG Option Agreement”) with companies controlled by its Chairman and Chief Executive Officer, Mr. George Economou, to purchase up to four high specifications Very Large Gas Carriers (“VLGC(s)”) capable of carrying liquefied petroleum gas (“LPG”) that are currently under construction at Hyundai Heavy Industries (“HHI”)
DryShips Inc. has successfully completed the previously announced $200 million common stock offering, in which the Company raised net proceeds of $198 million, pursuant to the prospectus supplement filed on February 17, 2017. Following the completion of the offering
The Japanese orderbook has shown its endurance in the current muted shipbuilding market and recently surpassed its South Korean counterpart in size for the first time since 1999, says a report by Clarksons Research. While the orderbook is shrinking for all of the ‘big 3’
Vessel sales for February 2017 (as of March 1) as prepared by Shipping Intelligence, Inc., New York Date Reported - Vessel Name - DWT - Year Built - (Age) - Price in Millions USD Bulk Carriers 2/10 - POAVOSA CHAMPION - 2,940 - 96 - (21) - $2.7
DryShips Inc., owner of ocean going cargo vessels, said it has exercised its second option under a previously announced option agreement to acquire up to four very large gas carriers (VLGCs) currently under construction at Hyundai Heavy Industries Co., Ltd. (HHI) for a purchase price of $83
Damen Shipyards Group’s range of Liquefied Gas Carriers is a response to the changes seen in the maritime LNG market in recent years. The Dutch company’s designs meet a variety of capacity requirements, from 500 m3 to 7,500 m3. The maritime LNG market has long been faced with the
Greek owner of drybulk carriers DryShips Inc. has announced that it is re-entering the tanker shipping market as it agreed to purchase an Aframax tanker and a very large crude carrier (VLCC). DryShips has entered into agreements with unaffiliated third parties to acquire:
DryShips has announced that it has successfully completed the previously announced $200.0 million common stock offering, in which the Company raised net proceeds of $198.0 million, pursuant to the Common Stock Purchase Agreement entered into by the Company on December 23, 2016.
Eletson Gas and Evergas announced an alliance of the two companies that will trade the companies’ semi-ref/ethylene capable vessels. The new venture, to be called the E3 Pool, will commence trading on the 30th of January from the Eletson offices in Piraeus and London and
Christophe de Margerie, the world’s 1st top category ice-class LNG carrier, docked at Zeebrugge LNG terminal January 20, 2017, for a series of scheduled operations. Christophe de Margerie will be delivered to Sovcomflot on 31 January, says Seafarers’ Union of Russia (SUR)
New Guide provides standards for growing LNG bunkering vessel sector. ABS, a provider of classification and technical services to the marine and offshore industries, has published the ABS Guide for LNG Bunkering. This new Guide provides standards for the design
DryShips Inc., a diversified owner of ocean group cargo vessels, announced that it has acquired one Very Large Gas Carrier (VLGC) currently under construction at Hyundai Heavy Industries (HHI) for a purchase price of $83.5 million.
DryShips Inc. announced today that it has exercised its first option under the previously announced option agreement to acquire one Very Large Gas Carrier (“VLGC”) currently under construction at Hyundai Heavy Industries (“HHI”) for a purchase price of $83.5 million
Laugfs Maritime Services, the shipping division of Sri Lanka’s Laugfs Gas, has purchased its third Liquefied Petroleum Gas (LPG) carrier vessel for USD 2.875 million, reports Lanka Business Online quoting company sources.
DryShips Inc. has agreed to enter into a "zero cost" LPG Option Agreement with companies controlled by its Chairman and Chief Executive Officer, George Economou, to purchase up to four high specifications Very Large Gas Carriers (VLGC) capable of carrying liquefied petroleum
DryShips Inc has signed definitive documentation with Sifnos Shareholders Inc for the previously announced refinancing of the majority of its outstanding debt under the new senior secured revolving facility. Under the terms of the New Revolver