Hanwha Ocean bid for Austal rejected over regulatory approval worries
Korean shipbuilder Hanwha Ocean has made a bid for Australian yard group Austal but faces an uphill struggle on approvals.
Source: seatrade-maritime.com
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FSC ramps up benefits to bolster corporate value-up drive
Financial regulators are ramping up efforts to encourage local companies to participate in the government's initiative to bolster South Korea's market valuation. The Financial Services Commission announced a series of new incentives on Tuesday for companies improving their governance structures, including exemptions from the government's stringent auditor designation system. Under the current regulatio...
Source: koreaherald.com
Russia's Arctic LNG 2 suspends gas liquefaction amid sanctions, lack of tankers, sources say
Novatek, Russia's largest producer of liquefied natural gas , has suspended production at its Arctic LNG 2 project due to sanctions and a shortage of gas tankers, two sources familiar with the matter...
Source: marketscreener.com
QatarEnergy in deal with Nakilat for operation of 25 LNG vessels
QatarEnergy has signed time-charter party (TCP) agreements with Qatar Gas Transport Company Limited (Nakilat) for the operation of 25 conventional-size LNG vessels.
Source: tradearabia.com
QatarEnergy's "historic" fleet expansion program reaches 104 LNG vessels
The 19 conventional LNG vessels have a capacity of 174,000 m3 each and will be equipped with the latest LNG shipping technologies to achieve optimal fuel efficiency and reduce carbon emissions.
Source: worldoil.com