VW Struggles With Sale of MAN Energy Solutions
By Aaron Kirchfeld (Bloomberg) Volkswagen AG is disappointed with the offers so far for its MAN Energy Solutions division, which makes diesel engines for ships and power generators, according to...
Greek shipowner, George Economou, has placed an order for four LNG carriers worth $848 million from Daewoo Shipbuilding & Marine Engineering Co., South Korea’s No. 2 shipbuilder, Yonhap News reports.
The vessels are scheduled to be delivered by 2014 and the contract includes an option for two addition LNG ships.
The vessels will each carry a dual-fuel-diesel-electric engine that enables them to switch from diesel to LNG, the news agency reported the company as saying.
In June, Daewoo Shipbuilding won a contract with another Greek company, Angelicoussis Group, to build two LNG vessels.
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