The global liquefied natural gas (LNG) shipping industry is currently experiencing a significant glut of vessels and a sharp decline in charter rates due to overcapacity outpacing actual LNG ...
HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) said Thursday it has secured a 3.72 trillion-won (US$2.59 billion) order to build 12 liquefied natural gas container ships. The company said ...
Companies must turn natural gas into a pressurized liquid and transport it using specialized ships that can carry it to overseas markets. Image source: Getty Images. Energy companies are investing ...
For natural gas in particular, Trump is expected to promote building more export facilities to send the fuel to Europe and Asia via ship in its super-chilled liquid form. Another key source of ...
Hanwha Group had previously announced its vision for a fossil fuel-free ship at the Davos Forum in ... to apply these turbines to liquefied natural gas (LNG) carriers. PSM has successfully ...