The Panama Canal Administration announces that it successfully transited three LNG vessels through its Neopanamax locks on April 17, 2018, marking a first for the waterway.
A Floating Storage Regasification Unit (FSRU) is the vital component required while transiting and transferring Liquefied Natural Gas (LNG) through the oceanic channels. Find out more about FSRU inside the article.
Cabinet Council of the Republic of Panama officially approved a proposal to modify the Panama Canal tolls structure, following a recommendation from the ACP Board of Directors.
Building of Containerships’ new Liquefied Natural Gas (LNG) vessels is progressing at Wenchong Shipyard, Guangzhou. The construction of three upcoming vessels is in action in the Chinese shipyard.
Some of the best ships were launched in this year. Let’s take a look at the noteworthy “world’s first” and eco-friendly vessels launched in the year 2016.
NYK has agreed to joint ownership of a LNG carrier with the KEPCO through a vessel-owner company shared by the two companies.
DSME and Kongsberg Maritime have signed a JDA for a new LNG FSRU regasification control system.
If Asian buyers continue to divert their contracted supply from the US towards Europe and Latin America, it will reduce demand for LNG vessels in the long term by cutting down on long-haul trade.
Newest class of ships from Royal Caribbean Cruises will be powered by LNG and introduce the use of fuel cell technology, ushering in a new era of shipbuilding.