LNG

Siem Industries, the company run by Norwegian Kristian Siem and whose interests include shipping and offshore oil and gas engineering and services through the Subsea 7 company and Siem Offshore Inc., has attended the naming ceremony for its two LNG-powered car carriers at the Chinese Xiamen Shipbuilding yard in southeastern Fujian province.

Royal Dutch Shell said that two of its fuel subsidiaries signed a long-term agreement with shipping line Siem Car Carriers to supply LNG to fuel two new car-carrying ships being used to transport Volkswagen vehicles from Europe to North America.