South Korean shipbuilder Hanwha Ocean has awarded Swiss engineering group ABB a contract to supply a complete electric power and propulsion system for Singapore’s first FSRU.
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Lithuanian state-controlled energy company Ignitis will sign a long-term LNG supply and purchase agreement with a unit of US natural gas producer EQT following the completion of a tender.
South Korean shipbuilder Hanwha Ocean has launched MOL’s floating storage and regasification unit (FSRU), which will serve Singapore’s second LNG import terminal.
Novatek-led Arctic LNG 2 is seeking approximately $1 billion in damages from South Korean shipbuilder Hanwha Ocean over terminated shipbuilding contracts for Arc7 ice-class LNG tankers.
Taiwan’s Yang Ming Marine Transport has signed a shipbuilding deal with South Korea’s Hanwha Ocean for the construction of six LNG-powered containerships.