Congressman John Garamendi (D-CA.) and Senator Roger Wicker (R-MS.) have introduced a bipartisan bill that seeks to boost the nation's shipbuilding and maritime industries by requiring an increasing percentage of LNG and crude oil exports be transported on American built, flagged and crewed vessels. The bill, named “Energizing American Shipbuilding Act” (H.R.3829<), would … [Read more...]
Qatar Launches Massive LNG Shipbuilding Program That Could Exceed 100 Ships
Qatar, the world's second largest exporter of liquified natural gas, has taken its first firm steps in a massive LNG shipbuilding program that could exceed 100 newbuild LNG carriers over the next decade. Qatar Petroleum on Tuesday issued an ‘invitation to tender’ to shipbuilders for the reservation of LNG ship construction capacity. The initial plan calls for the … [Read more...]