Finnish shipping company Lundqvist Rederierna has ordered a liquefied natural gas-powered Aframax tanker from Japan’s Sumitomo Heavy Industries. Alfa Finlandia (Image courtesy of Lundqvist Rederierna) The 112,000-deadweight-tonnage ship is scheduled for delivery by January 2022, according to Lundqvist Rederierna. Lundqvist Rederierna did not reveal the price tag of the order
Spanish shipping company Baleària wrapped up 2019 with turnover and EBITDA growth of 19 per cent. According to the figures recorded in the tenth Corporate Social Responsibility and Sustainability Report for 2019 released by the company this month, the shipping line registered a turnover of EUR 452 million last year. The
Danish bunker company Monjasa reported an improved business performance on the back of the sulphur cap regulation that entered into force on January 1, 2020, marking a global transition of ships to cleaner fuels. The company said that its volumes were up by 10 per cent reaching 4.5 million metric tons
The Energy Market Authority (EMA) and Keppel Offshore & Marine have established a $10 million partnership and signed a Memorandum of Understanding (MOU) to develop energy solutions in the areas of distributed energy resources, digitalisation, and emerging low carbon alternatives. As part of this MOU, EMA and Keppel are launching
State-run Qatar Petroleum said Wednesday it has launched a drilling campaign for the North Field East Project as part of plans to expand liquefied natural gas production. The first of 80 North Field East development wells was spudded on 29 March by the jack-up rig “GulfDrill Lovanda”. The jack-up rig
Dutch gas and LNG carrier operator Anthony Veder and classification society Bureau Veritas have completed a pilot for “live remote class surveys” using a wearable device and augmented reality technology. The companies said in a statement that success of this pilot opens up the way for fully remote class surveys
Swiss engineering group ABB is providing electric propulsion, storage and other technology for what is claimed to be the first tug in South Asia capable of switching between LNG and battery power. The tug, which will operate in Singapore harbor, has been ordered by Sembcorp Marine subsidiary Jurong Marine Services.
Greece-based LNG shipping company TMS Cardiff Gas said it has taken delivery of a brand new liquefied natural gas carrier. Image courtesy of TMS Cardiff Gas The tanker named Amberjack LNG was delivered to her charterer, one of the major gas companies, on Tuesday, according to TMS Cardiff Gas. Amberjack