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Samsung Heavy Industries books French firm’s tank design for new LNG vessel

French technological containment specialist Gaztransport & Technigaz (GTT) has received a new tank design order for a liquefied natural gas (LNG) carrier (LNGC) from South Korea’s Samsung Heavy Industries (SHI). The post Samsung Heavy Industries books French firm’s tank design for new LNG vessel appeared first on Offshore Energy.

$33.4 billion acquisition of AES filling financial coffers for Panamanian firms’ $4B lawsuit

Sinolam, Panamanian companies with projects in the liquefied natural gas (LNG) and power generation sector, has provided its take on the acquisition of AES Corporation by a consortium led by Global Infrastructure Partners, part of BlackRock, viewing it through the lens of opportunity, as BlackRock’s bid for AES could open a new scenario for the …

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21 Russian Arctic LNG cargoes come to EU ports

After the latest sanctions package hit a wall in the form of Hungary’s opposition, research from Germany’s non-profit environmental research organization, Urgewald, shows that the February liquefied natural gas (LNG) export figures related to Russian Arctic LNG cargos, which flowed to the European Union (EU), spotlight that European infrastructure and maritime services are still at …

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Green light for North Sea drilling ops with Odfjell Drilling-managed rig

Norway’s state-owned energy giant Equinor has obtained the go-ahead from the Norwegian authorities for drilling activities on the Norwegian Continental Shelf (NCS), which will be undertaken with a semi-submersible rig managed by Odfjell Drilling and owned by Northern Ocean. The post Green light for North Sea drilling ops with Odfjell Drilling-managed rig appeared first on Offshore …

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Major container lines suspend Persian Gulf bookings as conflict disrupts trade

Major container carriers have begun suspending bookings to and from the upper Persian Gulf as escalating conflict in the Middle East continues to disrupt shipping operations across the region. Germany-based Hapag-Lloyd said, as of March 4, it has implemented a booking stop with immediate effect for all cargo types to and from several Persian Gulf …

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NYK and JMU Sign Tanker Shipbuilding Contract Featuring Guaranteed Performance Clause with a New Evaluation Method

NYK and Japan Marine United Corporation (“JMU”; Head Office: Yokohama; President: Takashi Hirose) have been collaborating since September 2020 to develop a method for estimating a vessel’s propulsion performance in actual sea conditions (“actual sea performance”)* before construction and to establish a technical and objective evaluation framework. Today, NYK and JMU agreed to incorporate a …

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