Seaspan Corporation has closed an additional $500m funding via its portfolio financing program, cash it says will be used to repay five secured credit facilities and may be used in part to finance the acquisition of vessels. The finance program initially closed in May for $1bn, and has now...
Shipping heavyweights have proven yet another time their fierceness in the fight to preserve liquidity.
ABS launches the industry’s first LNG Cargo Ready notation for ethane carriers.
DNV GL grants AIP to Hyundai Heavy for the design of a very large liquefied petroleum gas (LPG) carrier.
The authorities aim to achieve faster port clearances for vessels registered with Panama and Singapore.
Ethane shipping has dominated headlines at this week’s Gastech in Houston, the world’s largest gas exhibition with a host of new ship designs and orders in the offing as US exports of the hydrocarbon soar. American Ethane Company (AEC) is close to signing for a series of of ultra large ethane...
ABS is supporting the development of a fleet of 150,000 m³ ULECs, one of the biggest ethane carriers to be ordered.
The Approvals in Principle (AIP) were received for a 91,000 m3 VLGC and a 99,000 m3 VLEC.
The JDP concerns the use of digital tech to streamline designing, building, and classing of assets.
The DP2 shuttle tanker is to be delivered in the first half of 2022.