Dryships Continues Fleet Renewal

Thursday, December 06, 2007
DryShips, Inc., announced that the company has entered into an agreement to purchase a 2001 built, 172,579 dwt Capesize bulk carrier, for $152.25m. The vessel will be delivered charter free during the second quarter of 2008. The company has entered into an agreement to sell the 1993 built, 149,475 dwt Capesize bulk carrier, MV Netadola for $93.9m. Delivery to the new owners will take place during the first quarter of 2008. Once the sale is concluded the company expects to realize a gain of approximately $62.2m.

LNG

BP, ExxonMobil, ConocoPhillips 'Quit' Alaska LNG Project

BP, Conoco Phillips, and Exxon Mobil said that the 65-billion dollar megaproject would be too unprofitable for them to move into the next phase of development.

Viking Grace Marks 1,000 LNG Bunkering Milestone

From the very beginning, the M/S Viking Grace – delivered in January 2013 – was an environmental milestone.   The vessel attracted global attention as an environmental

Hoegh LNG Profits Dip

Norway-based owner and operator of floating LNG import terminals, Höegh LNG  reported a second quarter profit after tax of US$3.5 million, down from $6.3 million in the first quarter 2016.

 
 
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