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Dryships receives fourth VLGC

The VLGC will be operated under an agreed rate time charter with ten years firm duration to an oil major trading company. DryShips expects a total gross backlog associated with this time charter of up to $103.8 million.

Dryships receives fourth VLGC

The VLGC will be operated under an agreed rate time charter with ten years firm duration to an oil major trading company. DryShips expects a total gross backlog associated with this time charter of up to $103.8 million.

Hyundai into ‘Eco-Friendly’ bunker saving agreement

Hyundai Global Services has announced that it signed an MOU with KSS Line, a Korean shipping company, for entering into eco-friendly ship business. Under the MOU, two companies join forces to retrofit the medium-sized LPG carriers owned by KSS Line with Exhaust Gas Cleaning System.

Industry leaders partner to develop new LPG carrier

HHI, Wärtsilä, MAN Diesel & Turbo, CMM and DNV GL have jointly partnered for the LPGreen project which aims to develop a more energy efficient, environmentally friendly, and safer vessel for the transportation of LPG products

ABS Awards AIP for HHI FLNG Hull

ABS has granted approval in principle (AIP) to a Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design. The new HHI design targets near-shore North America shale gas exports.

Warstila extends agreement with HHI

Wärtsilä and its South Korean partner Hyundai Heavy Industries, Engine and Machinery Division, have signed a ten year extension to their license agreement to build Wärtsilä low-speed engines

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