Hanwha secures $1.75bn order for 7 LNG carriers from Europe
Hanwha Ocean has secured an order worth 2.59 trillion won ($1.75 billion) to build seven LNG carriers for an undisclosed European shipowner. The South Korean shipbuilder said the order highlights continued demand from European owners as the region seeks to secure long-term LNG supply and modernise its shipping fleet.
Lower fee on foreign-built tankers keeps US LNG competitive
Effective October 14, fees for operators of LNG tankers built outside the US have fallen to $46 per ton, down from $150/ton proposed earlier. "This keeps US LNG competitive globally and gives domestic shipbuilders the time to rebuild long-term capacity,” commented Rob Jennings, vice president of natural gas markets at the American Petroleum Institute (API).
Hanwha completes LNG ship-to-ship transfer during sea trials
South Korean shipbuilder Hanwha Ocean has completed the world’s first ship-to-ship transfer of LNG between two vessels while both were on sea trials off Geoje Island. This operational breakthrough involved the new-built Maran Gas Syros and GasLog’s Woodside Jirrubakura.
