Daewoo Wins LNG Ship Order

Tuesday, March 05, 2002
While European leaders continue to disparage the business practices of Far East shipbuilders, particularly those in South Korea, based on alleged subsidy use and abuse, these yards continue to win new business and further sway the balance of shipbuilding power worldwide. Daewoo Shipbuilding was reportedly awarded a deal to build four LNG carriers for Norway's Bergesen, at an estimated price of more than $160 million per ship. The contract calls for Daewoo to deliver the first ship by the first quarter of 2005 and the last ship by the first quarter of 2006. The ships, capable of carrying 140,500 cu. m. of LNG each, will be chartered to Nigeria Liquefied Natural Gas Ltd.
Maritime Reporter January 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Bulk Carrier Trends

Baltic Sea Freight Index Falls to Lowest Level Since 1986

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, spiralled downwards to its lowest level in nearly three

Pacifica Rolls Out New Container Vessel

Pacifica Shipping, New Zealand's coastal shipping company, is launching a new container vessel from March replacing a smaller vessel whose charter has ended, reports The Stuff.

Shipping Pollution Will Skyrocket -Study

International freight volumes will grow fourfold by 2050 while the average length of haul will increase by 12 percent over that time, trends that will cause a spike

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0954 sec (10 req/sec)