Solvang to Order up to Four Ethylene Carriers

Norwegian transporter of LPG and petrochemical gases Solvang Shipping has signed a Letter of Intent (LOI) for the construction of up to four ethylene carriers with South Korea’s shipbuilder Hyundai Mipo Dockyard.

Scorpio Tankers Secures Funding for Eight Newbuildings

NYSE-listed Scorpio Tankers has received commitments for a loan facility of up to USD 172 million from a group of financial institutions which will be used to finance up to 60% of the market value of eight MR product tankers under construction at Hyundai

LPG Carrier Quartet Postponed at Hyundai Mipo

Ulsan-based shipbuilder Hyundai Mipo Dockyard has agreed to push the deliveries of four liquefied petroleum gas (LPG) carriers, the company said in a stock exchange filing.

First of Six MR Tankers Joins Tristar’s Fleet

UAE-based Tristar Group held on May 28 a naming ceremony for the Silver Manoora, the first of six MR product/chemical tankers ordered from South Korean shipbuilder Hyundai Mipo Dockyard (HMD).