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Terntank Orders 2 More LNG Fueled Tankers

Terntank proclaims its options on two sister ships to the two LNG powered product tankers ordered in the autumn of 2013. The oil company NEOT also confirmed that they are taking in two of these on time charter. Terntank…

Marine Propulsion

Gas Carrier SCF Mitre Launched

The launching ceremony of the final ship in a series of four LNG carriers built at STX Offshore and Shipbuilding Co., Ltd. was held in South Korea on February 11, 2014. The LNG carrier SCF Mitre will be assigned the RS…

Technology

New LNG/Diesel MicroTurbines

Capstone Turbine Corporation, a clean technology manufacturer of microturbine energy systems, is expanding its product offering in the marine market and has appointed six Capstone marine distributors. Capstone marine…

Contracts

Samsung LNG Carriers Powered, Propelled by GE

Liquefied natural gas (LNG) is one of the fastest growing energy markets worldwide, and global production capacity could be more than double by the end of the decade. Higher natural gas prices and growing efficiencies in…

People & Company News

AET Order Two Eco-friendly VLCC's

Tankship owner-operator, AET, has named two VLCC newbuildings at the DSME shipyard in Korea. One vessel (Eagle Verona) will be delivered immediately with the other (Eagle Versailles) following in December 2013. Both…