FRO – Expiration of options to purchase additional Suezmax tankers

Reference is made to the notice of 23 August 2019, whereby Frontline Ltd. announced an agreement with Trafigura Maritime Logistics (“TML”), a wholly-owned subsidiary of Trafigura Pte Ltd (“Trafigura”) and certain related entities, to acquire ten Suezmax tankers, with two separate options to acquire...

https://www.hellenicshippingnews.com/fro-expiration-of-options-to-purchase-additional-suezmax-tankers/

ABS Announces LNG Cargo Ready Notation for Ethane Carriers at Gastech 2019

ABS launched the industry’s first LNG Cargo Ready notation, at Gastech 2019. The development was announced at a joint event with GTT, highlighting progress towards delivering “LNG Cargo Ready” ethane carriers. The ABS LNG Cargo Ready notation confirms that an ethane carrier is capable of future...

https://www.hellenicshippingnews.com/abs-announces-lng-cargo-ready-notation-for-ethane-carriers-at-gastech-2019/