Turkey’s Aygaz is making its first move into the very large gas carrier space, signing a $119m newbuilding contract with South Korea’s HD Hyundai Samho ... The announcement was made only after a binding agreement was reached ... .
John Fredriksen has returned once again to China’s Hengli Shipbuilding, adding more VLCC tonnage as the shipping tycoon keeps pressing ahead with fleet renewal ... Fredriksen’s wider tanker interests are heavily exposed to Hengli with multiple newbuilds.