BW Maritime and Samsung Heavy Industries signed a ship-building contract on Friday for BW’s first Liquefied Natural Gas Floating Storage Regasification Unit (LNG-FSRU). When delivered in 2015, this vessel and floating terminal will be able to receive and convert LNG into its gaseous form for offloading via pipelines, to gas facilities on-shore.
Bermuda-based Golar LNG, a competitor of BW Maritime, reported strong demand for FSRUs last year noting over two dozen new projects were currently being developed, particularly in the Middle East. Golar currently has two FRSU’s on order, due for delivery in 2013 and 2014 respectively. In addition, Golar has 11 LNG carriers under construction, all due to be delivered in the next two years.
By Renee Maltezou ATHENS (Reuters) – Nine Egyptian men who were on board a migrant boat that sank off Greece last year, killing hundreds of people, are to face trial next month,...
By Nandita Bose WASHINGTON, April 5 (Reuters) – President Joe Biden took an aerial tour on Friday of the collapsed Baltimore bridge that is blocking a key East Coast shipping lane, and he pledged...
KORSOR, Denmark, April 4 (Reuters) – A Danish frigate deployed to the Red Sea as part of a U.S.-led operation suffered malfunctioning of its weapon systems when attacked by drones operated by Houthi militants last...
April 4, 2024
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