Norwegian-born billionaire John Fredriksen-owned LNG shipper Flex LNG believes that the LNG market is in the early stages of a multi-year recovery.According to a report by Flex LNG, the market for seaborne transportation of LNG has improved…
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Norden Buys Medium Range Tanker Pair
Danish shipowner Norden has purchased 2 South Korean-built MR product tankers from 2009. Both vessels have a deadweight capacity of 50,000 tonnes and the acquisition further expands the Norden product tanker fleet ahead of the expected market improveme...
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Swedegas Renewable Gas Bunkering at Gothenburg Port
Swedegas, the owner of the gas grid in Sweden, conducted the first liquefied natural gas (LNG) bunkering operation at its new facility at the Port of Gothenburg.Gothenburg-based shipping company Terntank was the very first operator to take on LNG at a...
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Scientists, officials in China abhor gene editing that geneticist claims
Chinese officials and scientists denounced on Tuesday the claims of a geneticist who said he had created the first gene-edited babies, and a hospital linked to his research suggested its ethical approval had been forged.
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Ørsted Completes Divestment in Hornsea 1 Offshore Wind Farm
Danish offshore wind farm developer Orsted A/S has completed the divestment of 50% of the Hornsea 1 Offshore Wind Farm to Global Infrastructure Partners (GIP).Three months ago, Ørsted signed an agreement to sell 50% of the 1,218MW offshore wind farm Ho...
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Fred. Olsen Windcarrier Installs 400th Wind Turbine
Denmark-based offshore wind farms service provider Fred. Olsen Windcarrier has marked a milestone in offshore wind turbine installation as it installed the 400th unit.The turbine has been installed at Vattenfall’s Horns Rev 3 offshore wind farm…
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Tank Storage Association Cautious on EU’s Approval of Brexit
European Union (EU) leaders approved the agreement on the UK’s withdrawal and future relations with the EU.Tank Storage Association (TSA) recognises that the agreement still needs to go through the UK Parliamentary process before it is approved, but ca...
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GTT Wins Tank Design Order of a New LNG Carrier
French specialist in liquified natural gas (LNG) containment systems Gaztransport & Technigaz (GTT) has received a new order notification from a Korean shipyard for the tank design of a new 174,000 m3 LNG carrier (LNGC), to be built on behalf…
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Skangas Becomes Gasum
Skangas, the leading Scandinavian distributor and producer of small-scale LNG, said it is changing its name to that of its owner, Gasum.The Finland-based integrated gas company Gasum increased its shareholding in the Liquefied Natural Gas (LNG) company...
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TEN Finds Work for Suezmax Tanker
Tsakos Energy Navigation (TEN) has announced the charter with profit sharing provisions of one suezmax tanker for 18 months to a major oil concern.The Greek shipping company pointed out hat this increases the number of vessels fixed on secured revenue ...
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