HAM Chile, a unit of the Spanish LNG services provider, HAM Group, has been contracted to build Chile’s first LNG fueling station. Illustration only (Courtesy of HAM Group) HAM Chile has been chosen by Lipigas Companies for the design, construction and commissioning of the LNG station. This will be located
Finnish shipbuilding company Helsinki Shipyard Oy has won an order from the British cruise line Swan Hellenic for a luxury expedition cruise vessel. The order comes at a very difficult situation for the global cruise and shipbuilding industry due to the impact of COVID-19 on traveling and demand for cruises. The latest
The fourth and final conventional Yamal LNG carrier for the MOL-COSCO JV was named at the Chinese Hudong-Zhonghua Shipbuilding yard. Courtesy of Hudong-Zhonghua The vessel ordered jointly by MOL and China COSCO Shipping has officially been named LNG Megrez. It is the last of four newbuilding conventional LNG Carriers for
Pengerang LNG (Two), a unit of the Malaysian energy giant Petronas, has secured 1.7 billion Malaysian Ringgit ($409.2 million) of investment. Courtesy of Petronas The company said it has concluded the issuance of a 20-year multi-tranche Sukuk Murabahah under its Islamic Medium Term Note Programme. “The issuance is in line
Japanese shipping major Nippon Yusen Kaisha (NYK Line) has signed a deal with Total to acquire shares in the ship management company Gazocean. Illustration only (Courtesy of Gazocean) Under the sales and purchase agreement with Total, NYK Line will acquire all the French company’s shares in Gazocean on October 22.
Maritime innovation project HySHIP has been granted €8 million (about $9.4 million) in EU funding as the Norwegian government announces a strengthened focus on the development and commercialization of hydrogen as a carbon-neutral fuel. The project embraces 14 European partners collaborating on the design and construction of a new roll-on/roll-off
Australian gas producer and GLNG operator, Santos reported record production in the third quarter of 2020, edging up the sales revenue by 2 per cent. Courtesy of Santos Third-quarter production reached 25.1 mmboe, a record for Santos, 22 per cent higher than the prior quarter. The sales revenue for the
Havyard Design & Solution AS, the subsidiary of Oslo-listed Havyard Group, has been chosen as the designer for two new battery-powered ferries to be operated by Fjord1 ASA on inner Sunnmøre, Norway. “Going forward the parties will work closely together to optimize the design for energy-efficient operations, towards a final
Concerns over environmental implications have prompted the French government to step in and delay Engie’s LNG supply deal. Courtesy of Engie Namely, the power major, Engie is close to signing a multi-billion dollar deal for U.S. liquefied natural gas with NextDecade. However, Reuters reports, the government asked the deal to
South Korean shipbuilder Korea Shipbuilding & Offshore Engineering (KSOE) and its shipyard Hyundai Mipo Dockyard (HMD) have received approval in principle (AIP) for the design of a large commercial liquefied hydrogen carrier. The AIP — described as the world’s first for this vessel type — has been granted by the