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Yinson Production’s fleet grows to 11 units with newbuild FSO job at Asian gas project

Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has landed a lease and operate contract for a newbuild floating storage and offloading (FSO) unit destined to serve the Block B gas field off the coast of Vietnam, Southeast Asia. The post Yinson Production’s fleet grows to 11 units with newbuild FSO job at Asian gas project appeared first on Offshore Energy.

First financing in place for 25 Korea-built vessels in QatarEnergy’s massive LNG shipbuilding program

Qatar Gas Transport Company (Nakilat), Qatar’s shipping and maritime player, has joined forces with the Export-Import Bank of Korea (KEXIM) to set up the first financing package for 25 conventional liquefied natural gas (LNG) carriers being constructed in Korea. The post First financing in place for 25 Korea-built vessels in QatarEnergy’s massive LNG shipbuilding program appeared first on Offshore Energy.

Terntank returns to Econowind for wind-assisted propulsion on two more ships

Following ‘strong performance results’ from the first installations, Swedish shipping company Terntank has decided to equip two additional methanol-ready hybrid tankers with wind-assisted propulsion systems from Dutch specialist Econowind. The post Terntank returns to Econowind for wind-assisted propulsion on two more ships appeared first on Offshore Energy.