Greek owner and operator of LNG carriers GasLog has completed its first conversion project from an LNG carrier to a floating storage unit (FSU). Courtesy of GasLog The Piraeus-based shipper announced the completion of the GasLog Singapore conversion project via social media. To clarify, the converted vessel is a 155,000
The current CEO of Finnish energy company Gasum will leave her position and the recruitment process for the replacement will begin immediately. Courtesy of Gasum Johanna Lamminen has served as the chief executive officer of Gasum since 2014. After she announced her departure, the board of directors has appointed Kai
U.S. LNG project developer Tellurian has canceled its recently announced underwritten public offering of $50 million aggregate principal amount of 8.25 per cent senior notes. Courtesy of Tellurian Tellurian states its goal is to build a low-cost, global LNG business. Based in Houston, Texas, its common stock is listed on
Israeli shipping company ZIM Integrated Shipping Services has exercised its option to long-term charter additional five 7,000 TEU liquefied natural gas (LNG) dual-fuel container vessels from Seaspan Corporation. The vessels are part of the agreement between ZIM and Seaspan Corporation that entails long-term charters. Back in July this year, Seaspan
The world’s largest wooden ocean-going sailing ship, Götheborg, is testing RME biodiesel made from rapeseed oil instead of marine diesel to reduce carbon footprint. Despite being a sailing ship, Götheborg needs generators to run all systems onboard, and engines for situations when the ship cannot sail or when engines are needed
To remain competitive while reducing pollution and climate impacts, EU maritime transport must continue investing in sustainable new technologies, and adopting digital solutions and automation processes, a new report concluded. On 1 September, the European Environment Agency (EEA) and the European Maritime Safety Agency (EMSA) launched the European Maritime Transport Environment Report which marks
French containment specialist GTT has received a tank design order from the Chinese Jiangnan Shipyard for Chinese ship-owner Jovo’s LNG carrier. Courtesy of Jovo Jovo ordered a mid-scale LNG carrier with a capacity of 79,800 cubic metres from Jiangnan Shipyard in July. The shipyard then contacted GTT for the vessel’s
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has concluded the first shipbuilding contract with compatriot Kawasaki Kisen Kaisya (K Line) for a new liquefied petroleum gas (LPG)/liquefied ammonia gas (LAG) carrier powered by LPG fuel. As disclosed, the 86,700 cbm vessel is equipped with separate cargo tanks designed to carry LPG
Greece-based shipowner Capital Product Partners L.P. (CPLP) has agreed to acquire three 174,000 cbm latest generation X-DF LNG carriers from CGC Operating Corp. As informed, the ship trio will be bought for total consideration of $599.5 million. The three LNG carriers in question are Aristos I built in 2020, and