LNG goes off the boil, but long-term prospects are good

Good news for suppliers of valve-related products as the long-term prospects for LNG is likely to remain high after demand rose sharply in early 2022.

DSME held a naming ceremony for dual-fuel VLCCs

Daewoo Shipbuilding & Marine Engineering held a simultaneous naming ceremony for two dual-fuel VLCCs equipped with LNG fuel tanks made of high manganese steel for the first time in the world.

Imphy signs with DSME

Imphy Alloys has signed a contract with DSME (Daewoo Shipbuilding and Marine Engineering Co Ltd) for the supply of Invar® M93 for 10 LNG carriers and 10 optional ones.