PaxOcean repairs LNG carrier duo

PaxOcean, a unit of Singapore’s Kuok and owner of five shipyards, has completed repair work on liquefied natural gas (LNG) carriers owned by Indonesia’s Sillo Maritime and South Korea’s Hyundai LNG Shipping.

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TotalEnergies to transfer Papua LNG operatorship to ExxonMobil

French energy giant TotalEnergies said on Monday that Papua LNG has achieved "major" contractual and commercial milestones, marking "decisive" steps towards a final investment decision. These include completing the EPC tendering process and transferring Papua LNG operatorship to US energy giant ExxonMobil, operator of the PNG LNG project.

Arctic LNG 2 seeks $1 billion from Hanwha Ocean over terminated LNG carrier orders

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.

K Line, Petronas name LNG carrier duo in China

Chinese shipbuilder Hudong-Zhonghua has hosted a naming ceremony for two 174,000-cbm liquefied natural gas (LNG) carriers it built for Japan’s K Line and Malaysia’s Petronas.

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Indonesia’s Sillo Maritime buys LNG carrier for $65 million

Indonesia's Sillo Maritime has purchased a 2009-built liquefied natural gas (LNG) carrier for $65 million.

Hyundai LNG Shipping sells another carrier for scrap

South Korea's Hyundai LNG Shipping has sold another steam liquefied natural gas (LNG) carrier for scrap, according to brokers.

South Korean owners sell four LNG carriers for scrap

Several brokers reported that Hyundai LNG Shipping sold the 2000-built 137,141-cbm, Hyundai Aquapia, and the 1999-built 137,219-cbm, Hyundai Technopia. The...

Hyundai LNG Shipping’s steam carrier sold for demolition

Hyundai LNG Shipping's 1996-built steam LNG carrier, Hyundai Greenpia, has been sold for demolition, according to brokers. Brokers said the...