Vista Shipping, a joint venture between Hafnia and CSSC Shipping Hong Kong, has secured financing for its first pair of liquefied natural gas (LNG)-dual-fuelled tankers. Illustration; Credit: Hafnia As disclosed, the company secured an $89.6 million sustainability-linked loan for the purchase of the two units. Standard Chartered acted as the
LNG storage contractor TGE Gas Engineering has announced that the concrete pouring of the second layer of the central area of the dome of Tank 1 of the Guangdong Energy Yangjiang LNG terminal project was completed. Courtesy of TGE Gas Engineering This marks the completion of the concrete pouring of
Nordic Green Ammonia Powered Ships (NoGAPS) project consortium has revealed the initial ship design for the ammonia-fueled gas carrier M/S NoGAPS. Courtesy of Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping The NoGAPS project brings together key players in the value chain, including Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS),
Hudong–Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has launched a new 13,000 TEU containership powered by liquefied natural gas (LNG) for French shipping giant CMA CGM. Hudong-Zhonghua Shipbuilding As informed, the keel-laying ceremony took place at Changxing shipyard on 27 March. The vessel is the second in
The MEYER Group, an international consortium specializing in cruise shipbuilding, and the Dutch Shiprepair company Damen Shiprepair & Conversion (DSC) have signed a joint cooperation agreement. Image credit> Damen Under the agreement, DSC will work with the recently established company MEYER RE, a subsidiary of the MEYER Group, which has
French LNG containment specialist GTT has received an order from its partner the South Korean shipyard Samsung Heavy Industries (SHI) for the tank design of a new floating liquefied natural gas (FLNG) unit, on behalf of an Asian company. Illustration / Courtesy of GTT GTT said that with a total
Finnish technology group Wärtsilä has secured a contract to supply reliquefaction systems for eight LNG carriers being built by Chinese shipbuilder Hudong-Zhonghua. Illustration. Courtesy of Hudong-Zhonghua Shipbuilding According to Wärtsilä, the vessels will be owned by various leading global shipping companies and will be equipped with Wärtsilä Compact Reliq Single
Jiangnan Shipyard, a subsidiary of China State Shipbuilding Corporation (CSSC), has entered into shipbuilding contracts with compatriot insurance conglomerate China Taiping Insurance Holdings for the construction of two LNG carriers. Illustration. Courtesy of Jiangnan Shipbuilding According to the stock exchange filing, China Taiping Insurance signed the shipbuilding contracts through its subsidiaries, Taiping &
Taiwan’s state-owned oil and gas company CPC has selected Japanese engineering firm JFE Engineering Corporation for the construction of large-scale liquefied natural gas (LNG) terminal. Courtesy of JFE Engineering Corporation On 28 March, JFE Engineering said it secured a contract for the design, procurement, construction and commissioning (EPCC) support for
As part of an effort to accelerate the decarbonisation of shipping, classification society DNV has enhanced its Alternative Fuels Insight (AFI) data platform by adding new low-carbon fuels, including methanol, ammonia, hydrogen, and LPG. Courtesy of DNV DNV said the platform will include detailed insights for low-carbon fuels, in addition