Capital Product Partners announces $3.1bn acquisition of 11 LNG carriers from Capital Maritime

By on    Energy Industry News  

Capital Product Partners announces $3.1bn acquisition of 11 LNG carriers from Capital Maritime

In a significant move within the shipping industry, Capital Product Partners L.P. (NASDAQ: CPLP) has announced a substantial acquisition. The company has entered into an umbrella agreement with Capital Maritime & Trading Corp. and Capital GP L.L.C. for the purchase of 11 newbuild LNG carriers, totaling a remarkable $3.13 billion. Details of the Acquisition The […]

Qatar Petroleum to expand LNG carriers fleet with $19.2bn deals with Korean firms

By on    Energy Industry News  

Qatar Petroleum to expand LNG carriers fleet with $19.2bn deals with Korean firms

Qatar Petroleum has signed deals worth more than QAR70bn ($19.23bn) with three South Korean LNG shipbuilders to build liquefied natural gas carriers (LNG carriers). Daewoo Shipbuilding & Marine Engineering (DSME), Hyundai Heavy Industries (HHI), and Samsung Heavy Industries (SHI) are the three Korean shipyards which will reserve a major portion of their LNG ship construction […]