Asia Pacific Shipping turns to Chinese lessor AVIC Leasing for newbuilding financing
Financing covers four 25,900-dwt stainless steel chemical tankers
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April 2025
New Zealand Ups Defense Spending to 2% of GDP
New Zealand said on Monday it would boost defense spending by NZ$9 billion ($5 billion) over the next four years, and aim to nearly double spending to 2% as a share of GDP in the next eight years, at a time of rapidly growing tension worldwide.The…
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Panama Canal plots LPG pipeline to ease pressure on VLGCs
Bids set to open for development of 1m barrel-per-day coast-to-coast link
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NYK finalizes construction and charter deals for methanol-powered VLCC
Japanese shipping company NYK has executed construction and charter contracts for its first methanol-powered very large crude carrier (VLCC).
The post NYK finalizes construction and charter deals for methanol-powered VLCC appeared first on Offshore Ene…
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NYK Orders Dual-fuel Methanol VLCC
On April 4, NYK concluded a contract for the construction and charter of a very large crude oil carrier (VLCC) equipped with a dual-fuel methanol main engine, a first for the NYK VLCC fleet.The vessel, which will feature a large shaft generator…
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