Illustration purposes only (Image courtesy of CMA CGM) French shipping company CMA CGM has revealed plans to turn to a more environmental operation through prioritizing LNG-fuelled newbuilds and not using the Northern Sea Route along Siberia. CMA CGM said in a statement from last week that it would give priority
Illustration (Image courtesy of U.S. Army Corps of Engineers) Finnish forest industry company UPM has entered into a long-term charter agreement with two affiliates of the Dutch Spliethoff Group for seven LNG-fuelled vessels. UPM said on Monday that it signed the agreement with the Finnish Bore Ltd and the Dutch
Image courtesy of NYK NYK Bulk & Projects Carriers, an NYK Group company, has signed the contract with Nanjing Jinling Shipyard for the construction of two next-generation heavy-lift vessels. NYK said on Monday that each vessel would be equipped with two 400-ton cranes so that cargo up to 800 tons
Image courtesy of TechnipFMC LNG engineer TechnipFMC has decided to separate into two publicly traded companies via a spinoff. TechnipFMC said on Monday that the company would be split into RemainCo, a fully-integrated technology, and services provider, and SpinCo, an engineering and construction player focused on the global energy transition.
Flex Courageous; Image courtesy of Flex LNG Flex LNG, the company controlled by billionaire John Fredriksen and an emerging player in the LNG shipping business, has taken delivery of its sixth LNG carrier – Flex Courageous. Flex LNG said via social media that the Flex Courageous was delivered from South
Artist rendering (Image courtesy of Disney) The U.S.-based Disney Cruise Line has revealed the name of the fifth ship in its fleet and the first of three LNG-powered newbuilds ordered from the Meyer Werft shipyard. Disney said that the cruise ship was scheduled to be delivered in late 2021 under
Image courtesy of Inpex The Inpex-operated Ichthys liquefied natural gas (LNG) export project in Australia has reportedly offered cargo for loading in September. Citing industry sources, Reuters reported that the cargo would be set for loading in mid-September. According to the media outlet, the tender closed on Thursday, August 22.
Image courtesy of KN Estonian energy trader Eesti Energia has signed an agreement to start using services of the Klaipedos Nafta-operated Klaipeda LNG terminal in Lithuania. Klaipedos Nafta said that the first cargo of Eesti Energia in the history of Klaipeda LNG terminal would arrive there at the end of
Image courtesy of Wikimedia and used under the CC BY 2.1 JP license India’s Reliance Industries is seeking a liquefied natural gas (LNG) cargo for delivery in the fall. According to a report from Reuters, Reliance is looking for an LNG cargo for delivery in October. Citing industry sources, the