Who is the highest value shipping company?
AUGUST 9, 2015—So who is the highest valued company in shipping? VesselsValue.com puts shipping and container giant A.P. Møller Maersk as the top dog with a valuation of about $13 billion, with
Search Results for: LNG
Wartsila to power world’s first dual fuel dredge
AUGUST 6, 2015 — A new generation “Antigoon” class trailing suction hopper dredge, called Scheldt River, being built by shipbuilder Royal IHC (IHC) in the Netherlands on behalf of the Belgium based
GE inks gas turbine service contract for fastest ferry
AUGUST 5, 2015 — GE Marine reports that it will provide Buquebus, Buenos Aires, Argentina, with a customized service agreement for the two GE LM2500 gas turbines that power the 99 m
Cat Marine busy with second MaK dual fuel conversion
AUGUST 3, 2015 — Caterpillar Marine reports that it is currently underway on a dual fuel engine retrofit conversion involving the 472 ft tanker Fure West, owned by Sweden’s Furetank Rederi A/B.
Fratelli Neri orders its first newbuild Damen tug
JULY 31, 2015 — Italian tug owner Fratelli Neri S.p.A has ordered its first newbuild Damen tug. The ASD 3212 will be the first ASD tug in the Mediterranean region with a
ClassNK release guidelines for CNG carriers
JULY 30, 2015 — Classification society ClassNK has released its Guidelines for Compressed Natural Gas Carriers.It is predicted that global natural gas demand will grow by 1.8% a year from 2013 to
Golar secures $960 million financing commitment
JULY 20, 2015—Golar LNG Limited reports that it has received an underwritten financing commitment for its first GoFLNG project, which involves the conversion of the Moss LNG carrier Hilli to a floating
P&I Club warns on continued low sulfur fuel concerns
JULY 20, 2015 — A leading P&I insurer is warning that concerns continue to be raised by the increasing demands for ships to use low sulfur fuels. “There are increasing demands on
He’s back: Billy Smith rejoins Trinity Yachts
JULY 9, 2015—William (Billy) S. Smith, long time vice president of Trinity Yachts, has rejoined the firm as its COO, according to an announcement by Shane Guidry, President and CEO, Harvey Gulf
Wiernicki is new IACS Chairman
JULY 3, 2015 — Christopher J. Wiernicki, Chairman, President and CEO of ABS, is now also Chairman of IACS, the International Association of Classification Societies. He took over the role yesterday at