Sustainability in the heavy lifting industry

Cost efficiency and sustainability, two topics that are frequently discussed in the offshore and maritime industry. There are many developments and innovations going on in this area.

BW Wins FSRU Contract for Pakistan's LNG Terminal

Oil and gas transporter BW Group has signed a 15-year agreement to provide liquefied natural gas (LNG) ...

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MOL, Gas Sayago Seal Uruguay LNG FSRU Charter Deal

Lakler S.A., a wholly owned  subsidiary of the Tokyo-based Mitsui O.S.K. Lines, Ltd. (MOL), has agreed to conclude ...

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Golar, Stonepeak Tie Up in Golar Power JV

Liquefied natural gas (LNG) shipping company Golar LNG Limited has teamed up with private equity firm Stonepeak ...

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Höegh LNG Set on Dozen FSRUs by 2019 amid Strong Market

Höegh LNG is upbeat on the group’s FSRU prospects as it reports increase in net profit after tax for the ...

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Spotted: Upgraded Explorer Ups the Ante

The Explorer, a floating storage and regasification unit (FSRU), has completed an upgrade which has boosted the ...

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TEN Keeping a 'Tight Ship' as Its Eyes FSRU Conversion

Tsakos Energy Navigation Limited (TEN) achieved net income of USD 158.2 million in 2015, a nearly fivefold increase ...

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Höegh LNG Nets USD 223 Mln to Finance New FSRU

Oslo-listed owner and operator of floating LNG import terminals, Höegh LNG Holdings, has received commitment ...

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Höegh LNG Pulls the Plug on FLNG Activities

Höegh LNG Holdings Ltd. has decided to put all FLNG activities on hold and to allocate all resources and capital to ...

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Golar LNG Partners to Buy FSRU Golar Tundra for USD 330 Mln

Golar LNG Partners LP has entered into an agreement with Golar LNG Limited to buy its 170,000 cbm floating storage ...

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RS to Class Gazprom Flot’s FSRU

Russian Maritime Register of Shipping (RS) has signed a classification agreement with South Korean shipbuilder ...

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Höegh Sees Rise in Income, Prepares for FSRU Growth

Oslo-listed provider of floating LNG services Höegh LNG has reported an increase in its total income to USD 58.7 ...

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Exmar Joins India’s First FSRU Project

Belgian energy supply chain provider Exmar has entered into a binding term sheet with Swan Energy Limited for the ...

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Golar LNG Nabs Financing for Tundra FSRU

Golar LNG Limited (Golar) has received an underwritten financing commitment for the December 2015 delivery of ...

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Wison Lays Keel for Exmar FSRU

Shanghai-based Wison Offshore & Marine laid the keel for the barge-based floating LNG storage and ...

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MOL, Gas Sayago Forge Ties on World’s Largest FSRU

Japanese Mitsui O.S.K. Lines, Ltd. has reached a basic agreement with Gas Sayago, a joint venture between ...

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Höegh Gallant Dropdown Wrapped Up

Norwegian owner and operator of LNG floating terminals Höegh LNG Holdings has  closed the previously announced ...

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Hyundai Heavy Back at Wärtsilä

South Korean shipyard Hyundai Heavy Industries (HHI) has placed two contracts with Wärtsilä for seawater/propane ...

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Höegh LNG Orders Eighth FSRU

Oslo-listed provider of floating LNG services Höegh LNG Holdings Ltd has ordered its eighth floating storage and ...

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Jordan Commissions Its Floating LNG Terminal

The Kingdom of Jordan has received its first Liquefied Natural Gas (LNG) cargo on board the Floating Storage and ...

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LNG Shipping Market Lulled in Q1, Recovery on the Horizon

The first quarter of 2015 saw a material fall in demand and charter rates for LNG shipping, Golar LNG Limited said ...

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Höegh LNG Snags Chilean FSRU Contract

Höegh LNG Snags Chilean FSRU Contract

Norwegian owner and operator of LNG floating terminals Höegh LNG Holdings has signed a 20-year Floating Storage and ...

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