Gasum, the natural gas company of Finland, posted annual pre-tax profits little changed from the previous year even as the value of liquefied natural gas sales increased by 29 percent because of higher oil prices.
Stolt-Nielsen Ltd, the Norwegian-listed shipping and storage group, said it had joined with Norwegian peer companies Golar and Hoegh in a combined investment commitment of $182 million in a project in the small-scale market called Avenir LNG.
The American Bureau of Shipping, the US classification society, has signed a joint development program (JDP) with Athens-based company Probunkers to provide technical support as it embarks on designing a fleet of specialist LNG bunker vessels for key ports.
Gaztransport and Technigaz (GTT), the French LNG maritime storage tank and technology supplier, has received an order from South Korean shipyard Hyundai Heavy Industries to design the tanks of a new carrier for Greek shipping company Thenamaris, the latest in a growing order book for the Mark III Flex tank.