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EXMAR Signs Teekay Joint-Venture

EXMAR LPG, a joint-venture between EXMAR N.V. and Teekay LNG Partners L.P., announced that it has lifted the option for two additional 38,000 cbm LPG Carriers (Midsize Gas Carriers) to be built at Hanjin Heavy Industries’ Subic Bay shipyard. These two Midsize Gas Carriers are additions to the existing newbuilding programme of 4 Midsize Gas […]

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Odfjell enters into Joint Venture with Founder Group

New joint venture agreement in China for Odfjell Terminals Odfjell Terminals has today signed an agreement to enter into a joint venture with the Founder Group to become 50/50 partners for the development of a petrochemical tank terminal in Quanzhou, Fujian Province, China. Odfjell Terminals will acquire from the Founder Group a 50% equity share […]

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EXMAR Completes TEEKAY Joint-Venture

EXMAR NV  announce that together with TEEKAY LNG PARTNERS L.P. they have successfully closed their 50/50 LPG joint-venture. The EXMAR LPG BVBA joint-venture controls 15 owned Midsize Gas Carriers (MGC), out of which 4 are currently under construction at Hyundai Mipo, and one owned Very Large Gas Carrier (VLGC). EXMAR LPG BVBA also time-charters in […]

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DESS and BTG Pactual establish a Joint Venture

Deep Sea Supply Plc (“DESS”) and BTG Pactual Oil & Gás Participações S.A. (“BTG Pactual“) announce that they have agreed to enter into a joint venture (the “Joint Venture”) for the ownership and operation of Platform Supply Vessels (“PSVs”) and Anchor Handling Tug and Supply Vessels (“AHTS”) in Brazil. The Joint Venture will be owned […]