Ordering has switched to the revived LNG sectorTaken from: Marine Propulsion & Auxiliary Machinery April/May 2012
The surge of LNG newbuilding orders in the LNGsector is a response to the plethora of onshore and offshore projects now being developed globally. More orders will follow as projects under development are inviting bids for vessel cover over long term contracts of affreightment (COA).
With intense competition for 2014 delivery slots owners have secured berths without guarantees of employment, but the shipyards involved are jointly bidding with their own tailor made designs in collaboration with s....Please login to read the rest of this story
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