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Monthly Archives: November 2019

Golar Bullish on LNG Shipping

Supported by low LNG prices, the LNG spot and short term market continues to represent an ever increasing share of global LNG trade, said Golar LNG, a liquefied natural gas shipping company registered in Bermuda."Continued strong growth in LNG…
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TEN Orders LNG Carrier at HHI

Greece-based crude, product and LNG tanker operator Tsakos Energy Navigation (TEN) ordered has one-option-one 174,000cbm LNG carrier from Hyundai Heavy Industries (HHI) in South Korea with expected delivery, the first, in the second half of 2021 and th...
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Boskalis Completes Horizon Acquisition

Dutch dredging and heavylift company Royal Boskalis Westminster has acquired the remaining 37.5% in the United Arab Emirates’s Horizon Group, a company specializing in the provision of marine geophysical surveys and geotechnical services.Earlier this y...
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Ferus Smit Launches Arklow Accord

Ireland-based coastal shipping line operator Arklow Shipping (ASL) has added Arklow Accord the bulk cargo vessel to its fleet.Arklow Accord was successfully launched at the Ferus Smit shipyard in Westerbroek, Netherlands last week.M.V. Arklow…
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Kawasaki Delivers Bulker to Wisdom Marine

Japanese shipbuilder Kawasaki Heavy Industries Ltd (KHI)  has delivered the bulk carrier Amis Star, with a capacity of 61,000 DWT for Wisdom Marine Lines.Amis Star has overall  length of 199.90 m, molded breadth 32.24 m and  molded depth 18.60…
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ABS Awards AiP to SHI LNG Re-liquefaction System

ABS has announced that it has awarded approval in principle (AiP) to Samsung Heavy Industries (SHI) for its innovative X-Reli LNG Boil Off Gas Expander – part of SHI’s Expansion Re-Liquefaction System.According to the statement from the South…
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Performance Shipping Adds Aframax Tanker

The global provider of shipping transportation services through its ownership of vessels, Performance Shipping has announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/t Briolette (formerly Maersk Jamnagar).The…
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NMAC Acquires 5 Product Tankers

Navios Maritime Acquisition Corporation (NMAC), a Greece owner and operator of tanker vessels, announced the agreement to acquire five product tankers in liquidation of Navios Europe I Inc.On November 22, 2019, an agreement was reached to liquidate Nav...
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NMP Acquires Eleven Vessels

Navios Maritime Partners (NMP), an international owner and operator of dry cargo carriers formed by Navios Maritime Holdings,  has agreed to acquire eleven vessels and liquidate Navios Europe I.As of September 30, 2019, Navios Partners had a receivable...
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