Tagged Financial

GSI hands over 4th LNG-fueled tanker to Bocomm Leasing

By Fatima Bahtić Guangzhou Shipbuilding International, a subsidiary of China State Shipbuilding Corporation, has delivered the fourth LNG dual-fuel crude oil/product tanker to the Bank of Communications Financial Leasing (Bocomm Leasing). The post GSI hands over 4th LNG-fueled tanker to Bocomm Leasing appeared first on Offshore Energy. Read Full Article Here For more great articles:…

Bocomm Leasing takes delivery of fourth LNG-fueled tanker from SWS

By Fatima Bahtić Chinese shipbuilding company Shanghai Waigaoqiao Shipbuilding (SWS) has delivered a new 109,000-dwt Aframax dual-fuel tanker to Bank of Communications Financial Leasing Co (BoComm). The post Bocomm Leasing takes delivery of fourth LNG-fueled tanker from SWS appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News

New hydrogen tanker retrofit project to get financial boost from EU

By Fatima Bahtić Norway’s cleantech company TECO 2030, together with other partners, has received an invitation for HORIZON EUROPE funding of €5 million ($4.8 million) to realise the hydrogen-powered tanker concept HyEkoTank. The post New hydrogen tanker retrofit project to get financial boost from EU appeared first on Offshore Energy. Read Full Article Here For…

High oil & gas production and prices lift Equinor’s profit

By Melisa Cavcic Equinor has recorded “strong financial results” in 3Q of 2022 thanks to increased output, primarily gas, and elevated energy prices. The post High oil & gas production and prices lift Equinor’s profit appeared first on Offshore Energy. Read Full Article Here For more great articles: LNG World News

IEEFA: High LNG prices affect demand growth in Asia

By Naida Hakirevic Prevljak Sustained high prices over the past year have eroded the economic case for liquefied natural gas (LNG) and hurt LNG sales in key Asian markets, a new report released by the Institute for Energy Economics and Financial Analysis (IEEFA) shows. The post IEEFA: High LNG prices affect demand growth in Asia…

Financial consortium, Turkish gov’t eye investment in hydrogen fuel cell tech

By Naida Hakirevic Prevljak A financial consortium has opened preliminary talks with Turkish officials for the establishment of foreign direct investment (FDI) in hydrogen fuel cell technology and projects supporting the implementation of hydrogen fuel cells, powering commercial shipping and other strategic uses. The post Financial consortium, Turkish gov’t eye investment in hydrogen fuel cell…