Topic
gas carrier
Logistics Union Maritime Widens Newbuild Push with VLGC Debut at HD Hyundai Heavy Industries
According to Splash247, diversified UK owner Union Maritime has been linked to its first very large gas carrier (VLGC) newbuilding order, with two VLGC/VLAC vessels on order at HD Hyundai Heavy Industries in South Korea. The ships, costing roughly $234 million total, are expected to deliver in 2029. This marks the company's entry into the large gas carrier sector, adding to its broad orderbook of tankers, chemical tankers, product carriers, and dry bulk tonnage.
Logistics HMM Secures Bareboat Charter for Two Gas Carrier Newbuilds with Swiss Commodity Trader Mercuria
South Korean shipping major HMM has secured bareboat charter contracts with a shipping unit of Swiss commodities trader Mercuria for two 90,000 cu m gas carriers. The seven-year charters, worth KRW311.8bn ($202m), are scheduled to start in July 2029 with options to extend. The vessels are part of HMM's recently disclosed 10-ship newbuilding programme aimed at expanding beyond container shipping.
Logistics JP Morgan Expands Shipping Fleet with New Samsung Orders
JP Morgan has placed significant orders for new tankers and gas carriers at Samsung Heavy Industries, valued at over $660 million. This move is part of an aggressive expansion strategy in the shipping sector.