New Facility News

Golar LNG Limited has announced that it has successfully closed and drawn a new $1.2 billion asset backed debt facility agreement with a consortium of banks including ABN AMRO, Citibank, DNB, Goldman Sachs and Standard Chartered Bank for the refinancing of FLNG Gimi. The new $1.2 billion bank facility replaces an existing bank facility with an outstanding amount of $627 million as at Q3 2025.The new debt facility has a 7-year tenor, 16-year amortization profile and will incur interest at SOFR plus a margin of 2.50% p.a.

Inchcape Shipping Services, a leader in port agency and maritime services, has announced the opening of its new office in Geoje, Korea. This expansion increases Inchcape’s footprint in South Korea to three offices—Seoul, Busan, and now Geoje, covering 23 ports nationwide.Geoje is a strategic hub for global shipbuilding and offshore projects, playing a critical role in the construction of LNG carriers, container vessels, naval ships, and offshore platforms. The city is central to international shipping and energy sectors…

German navigation specialist Anschütz GmbH has founded a new subsidiary in the United States. Based in Bethesda, Maryland, Anschuetz USA Inc. aims to continue the successful tradition of “Anschütz of America” and optimize customer support for sales and service partners, commercial shipowners and shipyards, as well as government entities including the Coast Guard, Military Sealift Command, Navy and Army.Anschuetz USA is developing local expertise in navigation and bridge systems for the newbuild and refit market, while also strengthening the infrastructure for after-sales and servicing.

GIT Coatings (Graphite Innovation & Technologies Inc.), a leader in biocide-free, graphene-based marine coatings, announced an additional $5M in EDC funding during the Grand Opening of their new Global Headquarters and Flagship Operations this week at 409 Wilkinson Avenue in Dartmouth, Nova Scotia, Canada.The opening event marked a milestone in GIT Coatings’ mission to redefine marine sustainability through advanced materials innovation. The new building includes 10 times the square footage of their previous headquarters and manufacturing facility allowing the company to scale manufacturing…

Venture Global wants to expand its Plaquemines LNG export facility by 24.8 million metric tons per annum (mtpa), almost 6 mtpa more than it originally proposed just four months ago, according to a regulatory filing issued late on Monday.Venture Global is already constructing the United States' second-largest LNG plant in Plaquemines Parish, Louisiana, and on March 6, announced plans to expand the facility by an initial 18.6 mtpa. It is now asking the Federal Energy Regulatory Commission (FERC) to increase the expansion to 24.8 mtpa…

IHI Corporation and Royal Vopak have signed a joint development agreement under which IHI and Vopak plan to establish a new joint venture. Taking into account the ongoing progress of domestic infrastructure development within the country, IHI and Vopak plan to participate in projects for the development and operation of an ammonia terminal in Japan, aiming to start operations in the Japanese fiscal year 2030, focusing on the development of safe and efficient ammonia storage and…

Danos Operations Services has been awarded a contract to provide production services for Beacon Offshore Energy’s new deepwater facility, the Shenandoah floating production system (FPS). The project will employ production operators, instrumentation and electrical technicians, mechanics, and offshore installation managers. Several employees began work on the platform in 2024.The Shenandoah facility is in the final stages of hook-up and is expected to begin producing oil later this summer.

Earlier this week, the team at Seaspan’s Vancouver Drydock (Seaspan) celebrated the grand opening of its new 21,000 square foot Operations Center—a two-story facility that will support the increased capabilities at Vancouver Drydock and the the marine industry on the West Coast.The new Operations Center will serve as a hub for Vancouver Drydock employees, increasing efficiency by creating a centralized location for administration, safety and operations personnel. The space will provide new offices for operations staff…

The world's first commercial-scale e-methanol plant began operations in Denmark on Tuesday, with shipping giant Maersk set to buy part of the production as a low-emission fuel for its fleet of container ships.The shipping sector is under pressure to find new sources of fuel after a majority of countries gave their backing to measures to help meet the International Maritime Organization's targets towards eliminating carbon emissions by 2050.So far zero-emission shipping fuels, such as green ammonia and e-methanol…

U.S. federal regulators recommended in a final environmental report that Venture Global's proposed CP2 liquefied natural gas export project in Louisiana get the go-ahead, according to a government document filed on Friday.If constructed, CP2 will be the single largest LNG export facility in the U.S. and help the country remain the world's largest exporter of the superchilled gas.Venture Global already obtained approval to construct the 28 million tonnes per annum plant, but was…

Greensea IQ expanded its EverClean operations with a new service center in Miami, Florida. The new facility, located in Hialeah, Florida, will house both office and workshop space. The Miami location will accommodate an expanded EverClean support team dedicated to servicing customers in the region. With Miami serving as a global hub for cruise operations, the expansion furthers Greensea IQ's ability to provide ship operators with an efficient and environmentally responsible hull maintenance solution.“As the cruise industry continues to prioritize operational efficiency and sustainability…

AquaChemie Global Chemicals has inaugurated its state-of-the-art chemical manufacturing, storage, and blending facility in Khalifa Economic Zones Abu Dhabi (KEZAD), marking a significant step in enhancing local industrial capabilities and supporting the UAE’s "Make it in the Emirates" initiative.The $24.5m, 25,800 sqm facility in KEZAD Al Ma’mourah is designed to meet global safety and environmental standards, producing a wide range of liquid and solid industrial chemicals primarily for ADNOC and other key clients.