Golar LNG Acquires 9.9 % of Korea Line

Friday, January 02, 2004
Golar LNG Ltd. has acquired 9.9 % of the shares in the Korean shipping company Korea Line. Korea Line is listed on the Seoul Stock Exchange and has a market capitalisation of around $130 million. Korea Line owns directly 100% of two modern LNG Carriers on long term charter to KOGAS. The company has also smaller ownership in four other large LNG carriers also on long term charter to KOGAS. Golar sees the investment in Korea Line as an interesting opportunity to develop a positive relationship to mutual benefit to one of the leading Asian LNG Shipping providers.
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Asia-N.Europe Box Rates Hit 6-Year Low

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell 23 percent to $342 per 20-foot container (TEU) in the week ended on Friday,

Kalmar to Debut its latest at TOC Europe Exhibition

Kalmar, part of Cargotec, will introduce yet another port industry first during the upcoming TOC Europe exhibition in Rotterdam, the Netherlands. On 9 June, ONE is coming.

SENER holds a FORAN seminar in Wuhan, China

The ‘FORAN new modules, new functions and FEM-Link (Hypermesh) Seminar’ was held on April 23rd in Wuhan. SENER is playing a big role in China, where it has been

LNG

Hoegh LNG's Bond Issue

Hoegh LNG (HLNG) has successfully completed the issuance of a USD 130 million senior unsecured bond in the Nordic bond market with maturity date expected to be 5 June 2020.

Fluxys LNG Launches Zeebrugge Capacity Consultation

Belgian gas infrastructure operator Fluxys said on Thursday it was launching a market consultation to assess demand for additional capacity at the Zeebrugge liquefied natural gas terminal in Belgium.

Bids Placed for Novy Port Icebreaker Contract

Seven companies submit bids for contract for Yamal Novy Port terminal icebreaker   The tendering process for the Yamal Novy Port terminal icebreaker design and build contract has kicked off,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Naval Architecture Offshore Oil Pod Propulsion Salvage Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | 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: 0.1652 sec (6 req/sec)