Top LNG Buyers Form Alliance to Push for Flexible Contracts
The world's biggest liquefied natural gas (LNG) buyers are clubbing together to secure more flexible supply contracts in a move that further shifts power to buyers rather than producers. Japan, China and South Korea are the world's biggest LNG importers, accounting for about 55 percent of global purchases, according to data from energy consultancy Wood Mackenzie. The countries' biggest respective buyers are joining together to extract concessions from producers that would give them supply flexibility such as having the right to re-sell imports to third parties…
China COSCO Shipyards Deliver Two More Bulk Carriers
COSCO (Guangdong) and COSCO (Dalian) Shipyards have each recently delivered bulk carriers to European owners. COSCO (Guangdong) Shipyard Co., Ltd has delivered a bulk carrier of 35000 dwt, “CHIOS LUCK”, to its European buyer. The bulk carrier measures 179.99 meters in LOA, 30 meters in breadth and 14.7 meters in depth. COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 92500 dwt, “OCEAN TOPAZ”, to its European buyer. The bulk carrier measures 229.17 meters in LOA, 38.01 meters in breadth and 20.7 meters in depth. COSCO informs that both the delivery documents were signed by and between the COSCO shipyards and the respective buyers in May 2013.
China Shipyards Deliver Two More Bulkers
COSCO Corporation (Singapore) say a bulk carrier has been delivered from each of its two subsidiary shipyards in China. The two deliveries are as follows: 1. COSCO (Zhoushan) Shipyard Co., Ltd has delivered a bulk carrier of 57,000 dwt, “OCEAN LOVE”, to its European buyer. This ship measures 189.99 meters in LOA and 32.26 meters in breadth. 2. COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 82,000 dwt, “XIN TANG SHAN HAI 1”, to its Chinese buyer. This new bulk carrier measures 229 meters in LOA and 32.26 meters in breadth. The company stattes that the delivery documents were signed by and between COSCO shipyards and the respective buyers recently.
COSCO Deliver Two More Bulk Carriers from China Shipyards
2. COSCO (Zhoushan) Shipyard Co., Ltd has delivered a bulk carrier of 57000 DWT, of 189.99 meters in LOA, 32.26 meters in breadth and 18 meters in depth, named “ASIAN CHAMPION”, to its Asian buyer. All the delivery documents were signed by and between the COSCO shipyards and the respective buyers in July 2012.
