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Daewoo Announces 1Q Results
South Korea's Daewoo Shipbuilding & Marine Engineering said it earned 100.4 billion won ($76.34 million) in EBT (earnings before taxes) during the first quarter on sales of 682.7 billion won.
An Innovative LNG Carrier Concept
Concurrent with marine industry consolidation on the ship owning, building and supply fronts, increasingly innovative vessels concepts are originating from in-house…
Daewoo: $1 Billion In One Week Prompts Target Revise
Daewoo Shipbuilding has raised its 2001 order target to $3.7 billion from $2.5 billion, and said it was unlikely to accept orders in the second half because of its bulging order book…
BG Secures U.S. LNG Rights
Britain's BG Plc secured rights to deliver liquefied natural gas (LNG) through one of only two functioning import terminals serving booming U.S. energy markets.
Hyundai Merchant Marine Denies Rumors
Hyundai Merchant Marine, South Korea's largest shipping firm, denied on Thursday a local report it had begun a debt-rescheduling program led by creditor banks. "It…
Great Ship - SK Supreme
Samsung Heavy Industries Co. is scheduled to deliver by year's end, the largest size LNG carrier of GTT Mark-III membrane type and is scheduled to deliver two more vessels within 2000.
IZAR Ferrol Repairs Eight Vessels At Once
The shiprepair yard of IZAR Ferrol surpassed previous occupancy records recently, as it simultaneously worked on eight vessels. The yard facilities were fully busy…
LNG Company To Be Listed
Norwegian shipping magnate John Fredriksen's Liquefied Natural Gas (LNG) transport company Golar LNG said on Friday it raised $280 million in a private placement…
Ulstein Brattvaag Awarded Supply Of Deck Machinery
Ulstein Brattvaag has landed contracts totaling $2 million by two of Japan's largest shipbuilders for the supply of deck machinery for a pair of LNG carriers. The…
Exmar, Golar Mull Possible LNG Merger
Exmar, the tanker division of Belgian shipping company CMB is reportedly in talks with Norway's Golar LNG to merge their liquified natural gas activities. It was…
Shell Orders Two LNG Tankers
The gas and power division of Royal Dutch/Shell ordered two additional liquefied natural gas (LNG) carriers to support its growing global LNG business. Shell International…
Frozen Gas Market Heats Up
While seemingly miniscule in terms of deadweight tons ordered and delivered per year as compared to the shipbuilding business as a whole, the production of gas tankers…
Shipbuilding Prices Firm Up
International shipbuilders enjoyed a healthy year, with the main contributors being tankers and container vessels. Following upon these ordering activities, R.S.
LR Report: 75 New LNG Ships for the U.S.
Lloyd's Register (LR) released the results of its extensive research into the LNG market. Talking at the LNG conference The role of LNG in North American and Caribbean gas supply in Washington D.C.…
Osprey Maritime To Sell LNG Operations For $635 Million
Singapore's Osprey Maritime said on Monday it agreed to sell its liquefied natural gas (LNG) operations to new subsidiary Golar LNG for US$635 million as part of a restructuring exercise.
Hybrid Powering for Boxships
A convincing economic argument fuels the liner shipping sector's adoption of unprecedented capacity ratings, with a new level soon to be reached in impending projects for newbuilds in the 9…
Exmar, Golar Cease Merger Discussions
The world's two largest LNG tanker operators, Exmar and Golar LNG, have suspended merger talks, both companies said on Monday. "We are in non-talks. For the time being we are not talking…
S. Korea Eyes Cruise Building Market
Han Jong-chan assembles the massive blocks used to build ships at one of South Korea's huge and successful shipbuilding yards and has never been happier. Han has…
Shell: Short Term LNG Contracts Will Be the Norm
Shell Gas & Power said on Tuesday short-term liquefied natural gas (LNG) contracts will become common within the next decade. Shell Gas & Power President Peter de…
Golar Plans To Go Above and Beyond Shipping
Norwegian shipping magnate John Fredriksen's Liquefied Natural Gas (LNG) transport company, Golar LNG, said it plans to expand beyond the shipping niche to handle the whole LNG logistics chain.
Icebreaking LNG Carrier Vladimir Rusanov on Ice Trials
Maritime Reporter TV Interviews Timo Koponen, Wärtsilä
Digitalization Driving Safety in the Maritime Sector
Video: LNG Carrier Transits the Northern Sea Route
Designer seeks permit to send out United States gas to Mexico for LNG exports
Crowley Christens LNG-Powered ConRo
Pasha Hawaii Brings LNG Containerships Online
Inside Crowley's Commitment Class ConRo Ships
Enhancing Gas Carrier Reporting and Reducing Crew Burden with ABS Wavesight Nautical Systems™ Voyage Manager
Maritime Reporter TV Interviews Leif Gross, Caterpillar
