Asyad sells stakes in Oman LNG carrier pair
Asyad Shipping has agreed to sell minority stakes in the companies that own its two newest carriers, Muscat LNG and Musandam LNG, to two Omani investors. The deal leaves Asyad with 80% of each vessel-owning company and brings domestic capital into the group’s gas-shipping platform.
BW LNG places carrier order
Singapore-based BW LNG has placed an order for two new LNG carriers with South Korea’s Hyundai Samho shipyard. Each carrier will have a capacity of 174,000 cubic meters, with delivery targeted for 2028.
American Bureau of Shipping approves LNG deepwater production hull from Hyundai
The American Bureau of Shipping, the US maritime classification society, has granted approval to a deepwater floating liquefied natural gas production hull designed by Hyundai Heavy Industries of South Korea.
Steelhead LNG signing accords with Hyundai for two FLNG hulls to be deployed off Vancouver
Steelhead LNG, the Canadian export project for Vancouver Island backed by a native North American First Nation tribe, is making progress and signed an accord at the Gastech 2018 conference in Barcelona for the engineering phase of two floating production and storage hulls.
Daewoo Shipbuilding of Korea outperforms rivals amid latest Greek LNG FSRU order
Daewoo Shipbuilding and Marine Engineering, the world's second-largest shipbuilder by construction contracts, said it received an order from a Greek shipping company to construct a liquefied natural gas floating storage and regasification unit.
Korean shipping line plans domestic order for 20 container ships with exhaust cleaners or LNG
Hyundai Merchant Marine Co., the largest South Korean shipping line, said it would place an order by June for 20 container ships worth around $2.8 billion with the country’s major shipbuilders for vessels having exhaust-cleaning technology or LNG fuel capability.
German marine engines maker and Hyundai of South Korea plan LNG and dual-fuel test facility
MAN Diesel and Turbo, the German maker of marine engines and turbomachinery, said it was building a new test facility in South Korea in partnership with Hyundai Heavy Industries that will include improving LNG equipment and dual-fuel engines.
UK class society Lloyd’s Register gives approval to Hyundai small-scale bunkering system design
UK maritime classification Lloyd’s Register has given approval in principle to Hyundai Mipo Dockyard of South Korea for a cargo-handling system design for a 6,600 cubic metres capacity LNG bunkering vessel.
Korean Hyundai shipyard receives biggest order for five years to build 10 LNG-ready ships
Hyundai Heavy Industries of South Korea, the world’s largest shipbuilder by orders, said it received its biggest order for five years in signing a contract to build 10 very large ore carriers to an LNG-ready design for Korea’s Polaris Shipping line.
American Bureau of Shipping approves Korean shipyard conversion design for FLNG hulls
The American Bureau of Shipping, the US maritime classification society, said it granted approval in principle to a floating liquefied natural gas ship conversion design from South Korean shipyard Hyundai Heavy Industries.
