The company has exercised an option for two vessels and inked a letter of intent for four additional ships
gas
China Merchants back at Dalian for more LNG carriers
China Merchants Energy Shipping (CMES) has returned to Dalian Shipbuilding Industry (DSIC) for more dual-fuel liquefied natural gas (LNG) carriers. The Shanghai-listed energy transport unit of China Merchants Group has exercised an option for the construction of two additional 175,000 cu m ships,...
https://splash247.com/china-merchants-back-at-dalian-for-more-lng-carriers/
MAN and ABB team up on dual-fuel electric propulsion solutions for LNG carriers
German engine manufacturer MAN Energy Solutions and Swiss technology group ABB have teamed up to develop a dual-fuel electric plant concept based on MAN’s recently launched 49/60DF four-stroke engine and ABB’s Dynamic AC (DAC) fuel optimisation system. With the upcoming International Maritime...
$300,000 a day: LNG freight rates scale new heights
The scramble to source gas from ever further distances has pushed the LNG shipping sector to new extraordinary highs. Average spot rates for a 174,000 cu m two-stroke vessel surged by 36% week-on-week to a new record high of $297,500 a day, as of late on Friday, according to Clarksons Research....
https://splash247.com/300000-a-day-lng-freight-rates-scale-new-heights/
BW prepares to launch world’s first floating hydrogen plant
Singapore group’s wind farm company BW Ideol is teaming up with Centrales Nantes for the project
New York-listed Dynagas LNG Partners dry docks half its fleet amid rising profit
Sanctions against Russia have not impacted financially, says the company
ADNOC mulls Gunvor swoop
Abu Dhabi National Oil Company (ADNOC) is reportedly looking to buy all or part of the Swiss-based commodity trading giant Gunvor. ADNOC has been expanding its trading unit in recent years and has also bolstered its shipping and maritime logistics arm Adnoc L&S, to take advantage of its position as...
DSME inks another LNG carrier duo with shipowner for Qatari business
Latest order brings booked pre-reserved slots against QatarEnergy charters to 13 for South Korean yard with another six contracts expected
Adnoc ‘in talks’ to create shipping and chartering giant with Gunvor deal
Trading sources report discussions over a full or partial acquisition of Torbjorn Tornqvist’s $4bn trading group
TMS Cardiff Gas linked to latest QatarEnergy-backed LNG orders at DSME
Latest two contracts bring booked pre-reserved slots against QatarEnergy charters to 13 for South Korean yard with another six contracts expected