LNG carrier
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Shipbuilding
Idan Ofer’s EPS moves on full CoolCo takeover
Israeli billionaire Idan Ofer is advancing plans to take the LNG carrier company Cool Company (CoolCo) private through his investment…
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Shipbuilding
LNG scrapping sets annual record
In a surprising turn of events, the demolition sales of LNG carriers have reached an all-time high with nearly 30%…
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Shipbuilding
Samsung Heavy debuts nuclear-powered gas carrier design
At the Gastech event in Milan, Samsung Heavy Industries made headlines by announcing the approval in principle (AiP) for a…
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Shipbuilding
MOL debuts radical new LNG carrier design
Japan’s Mitsui OSK Lines (MOL) has received significant approval in principle (AiP) from Lloyd’s Register (LR) for two innovative designs…
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News
MOL Secures Approval for Innovative Wind-Powered LNG Carrier Designs
Mitsui O.S.K. Lines, Ltd. (MOL) has received approval for two groundbreaking membrane-type LNG carrier designs featuring Wind Challenger propulsion systems.…
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Shipbuilding
Hanwha to boost capacity at Philly Shipyard with $5 billion expansion
In a significant move to bolster its presence in the U.S. maritime industry, Hanwha Group has announced a $5 billion…
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Shipbuilding
2025 becomes record year for LNG carrier scrapping
The LNG carrier demolition market is experiencing a significant surge in 2025, with a record number of vessels being sold…
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Shipbuilding
Philly Shipyard gets 1st LNG order from Hanwha Shipping
Philly Shipyard, a U.S. shipbuilder owned by Hanwha Ocean, has made a significant leap by securing its inaugural order for…
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Shipbuilding
Hanwha orders historic LNG carrier from US yard
In a significant development for the U.S. shipbuilding industry, South Korea’s Hanwha Group has placed a groundbreaking order for a…
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Shipbuilding
Flex LNG hammers out $175m refinancing deal for LNG carrier
Flex LNG, backed by shipping magnate John Fredriksen, has successfully arranged a $175 million lease financing deal for its LNG…
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