The first cement carrier to run on LNG is to be launched at the yard of Ferus Smit, Westerbroek, The Netherlands (y/n 423) on 31 October and be named the Greenland. The vessel will be of 5800dwt and is being built for Thun Shipmanagement, Lidköping, Sweden. She will be operated by JT Cement, a joint venture between KG Jebsen of Norway and Eric Thun of Sweden.
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EBRD provides EUR25m to Arabian Cement Co
The European Bank for Reconstruction and Development (EBRD) is providing up to EUR25m in financi...