
Navigator Gas Secures Financing For Two Ammonia-Capable Carriers
A joint venture has secured a 121.8 million dollar loan for two ammonia-capable gas carriers being built in China, in one of the larger single financings so far for tonnage designed around the fuel.

Navigator Gas sells eight carriers and exits a joint venture
Navigator Gas has agreed to sell eight gas carriers and its stake in a shipping pool for about 183 million dollars.

HD Hyundai Samho delivers first very large ammonia carrier
The 93,000 cu m Jane Maersk is the first of five VLACs for Maersk, from a builder now holding 22 on order worth about $2.55bn.

World-first ammonia-fuelled gas carrier completes its maiden commercial voyage
A Belgian owner's new gas carrier has completed the first commercial voyage burning ammonia as fuel, from China to India.

Greece blocks new EU sanctions to shield a gas-shipping owner
Greece has blocked a new round of EU sanctions on Russian gas to protect a Greek-owned gas-shipping company.

CYH Shipping returns to Jiangnan for very large gas carriers
CYH Shipping has ordered very large gas carriers at Jiangnan Shipyard, adding dual-fuel tonnage to a fast-growing gas carrier orderbook.

Trafigura charters $400m very large ammonia carrier trio
Commodities group Trafigura has chartered three very large ammonia carrier newbuildings, worth around $400m, from a Danish maritime investment manager.

Exmar sells five gas carriers for a $35m profit
Belgian gas shipowner Exmar has agreed to sell five LPG carriers in a deal expected to generate a profit of around $35m.

ADNOC shipping arm orders four more LNG carriers in China
ADNOC Logistics and Services has ordered four next-generation LNG carriers worth about $900m, extending one of the sector's largest newbuilding programmes.

Wärtsilä to power two gas carriers with ammonia engine
Wärtsilä will supply its ammonia-fuelled auxiliary engine and propulsion package for two new midsize gas carriers being built in China.

ADNOC L&S adds four LNG carriers in $900m China deal
ADNOC Logistics & Services has ordered four more LNG carriers at China's Jiangnan Shipyard in a $900m deal, lifting its LNG newbuild programme to 18 vessels.

Union Maritime widens newbuild push with first VLGC order
Union Maritime has been linked to its first VLGC newbuildings, two large gas carriers at HD Hyundai Heavy for delivery in 2029.

BW LPG India books $36m gain selling vintage VLGC
BW LPG has agreed to sell the 2007-built VLGC BW Elm through its Indian arm, booking a $36m gain as strong secondhand values fund fleet renewal.

HMM moves on $1.1bn bulker and gas carrier haul
HMM has unveiled a KRW1.7trn ($1.1bn) order for eight bulk carriers and two gas carriers, the latest step in the Korean major's drive to diversify beyond containers.
Never miss a move
Maritime, in motion. In your inbox.
The vessel sales, incidents, and market moves worth knowing, sent as they happen.