Gotaas-Larsen Shipping Company
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Gotaas-Larsen Shipping Company
Golar LNG owns and operates marine LNG infrastructure. The company had developed Floating LNG liquefaction terminal (FLNG) and Floating Storage and Regasification Unit (FSRU) projects based on the conversion of existing LNG carriers. Front End Engineering and Design (FEED) studies have now been completed for a larger newbuild FLNG solution. Golar is also collaborating with another industry leader to investigate solutions for the floating production of blue and green ammonia as well as carbon reduction in LNG production. History The company was founded in 1946 as Gotaas-Larsen Shipping Company. In 1970 the company entered the LNG segment. In 1973, the Gotaas-Larsen oil tanker exploded and sank off the Canary Islands. With gross register tonnage of 98,894 and deadweight tonnage of , it was at the time the largest ship ever lost at sea. The Singapore-based Osprey Maritime bought the company in 1997. In 2000 the John Fredriksen-controlled World Shipholding started a take-over of O ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Oil Tanker
An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined crude oil from its point of extraction to refineries. Product tankers, generally much smaller, are designed to move refined products from refineries to points near consuming markets. Oil tankers are often classified by their size as well as their occupation. The size classes range from inland or coastal tankers of a few thousand metric tons of deadweight (DWT) to the mammoth ultra large crude carriers (ULCCs) of . Tankers move approximately of oil every year.UNCTAD 2006, p. 4. Second only to pipelines in terms of efficiency,Huber, 2001: 211. the average cost of transport of crude oil by tanker amounts to only US. Some specialized types of oil tankers have evolved. One of these is the naval replenishment oiler, a tanker which can fuel a ...
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Shipping Companies Of The United Kingdom
Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air (International English: "carriage") as well. "Logistics", a term borrowed from the military environment, is also used in the same sense. Modes of shipment In 2015, 108 trillion tonne-kilometers were transported worldwide (anticipated to grow by 3.4% per year until 2050 (128 Trillion in 2020)): 70% by sea, 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air. Grounds Land or "ground" shipping can be made by train or by truck (British English: lorry). In air and sea shipments, ground transport is required to take the cargo from its place of origin to the airport or seaport and then to its destination because it is not always possible to establish a production facility nea ...
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Golar Spirit
''Golar Spirit'' is a floating storage and regasification unit (FSRU). It is the world's first FSRU converted from a liquefied natural gas (LNG) carrier. History ''Golar Spirit'' was built by the Kawasaki Shipbuilding Corporation in 1981 as an LNG carrier. It was the first Japan-built and first Asia-built LNG carrier. In 1986, ''Golar Spirit'' was chartered for twenty years by Indonesian oil and gas company Pertamina. It served the line delivering LNG from Indonesia to South Korea. In April 2007, ''Golar Spirit'' was charter contracted by Petrobras to serve as the Pecém LNG terminal. The conversion started in October 2007 at the Keppel Shipyard in Singapore. The conversion was completed in mid-2008 and ''Golar Spirit'' headed to Brazil on 11 June 2008. On her course, the ''Golar Spirit'' transported a LNG load from Trinidad and Tobago to Brazil. She arrived in Pecém on 22 July 2008. On 30 January 2009, ''Golar Spirit'' became the first vessel of this kind, ...
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Stolt-Nielsen
Stolt-Nielsen Limited (SNL) provides transportation and storage for liquids, notably specialty and bulk liquid chemicals. It also has an aquaculture division that grows turbot and other fish and fish products. Founded in 1959, corporate services are provided from London. Most of the company's operations are in the United States, the Netherlands, and Singapore. History Founding Company founder Jacob Stolt-Nielsen began his career training at a ship brokerage in London, when he noticed an increase in certain kinds of liquids being shipped over the sea, especially those that served as the base materials for plastics. He moved to New York City in order to work for R.J. Chianelli, a broker in the chemicals industry that focused on these products. He witnessed the explosion in growth of the plastics industry, building on technology developed during World War II. However, the basic materials needed for the creation of plastics were new substances that the traditional shipping industry d ...
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John Fredriksen
John Fredriksen (born 10 May 1944) is a Norwegian-born Cypriot oil tanker and shipping billionaire businessman based in London. He owns the world's largest oil tanker fleet and has major interests in the offshore driller Seadrill, the fish farming company Mowi, the dry bulk company Golden Ocean Group, and the supply vessel company Deep Sea Supply. Through his investment companies Hemen Holdings and Meisha, Fredriksen controls the companies Frontline and Golar LNG. In 2010–2011, Frontline owned 9.6 percent of another large tanker company, Overseas Shipholding Group. North Atlantic Drilling, Sevan Drilling, and Asia Offshore Drilling are partly owned by Seadrill. Born in Oslo, Norway, Fredriksen is now a naturalised Cypriot citizen. Before abandoning his Norwegian citizenship, he was Norway's richest man. Norwegian magazine '' Kapital'' listed Fredriksen in 2013 with a net worth of NOK 69,75 billion (11.9 billion). In 2012, he was included in the 50 Most Influential ...
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Osprey Maritime
The osprey (''Pandion haliaetus''), , also called sea hawk, river hawk, and fish hawk, is a diurnal, fish-eating bird of prey with a cosmopolitan range. It is a large raptor reaching more than in length and across the wings. It is brown on the upperparts and predominantly greyish on the head and underparts. The osprey tolerates a wide variety of habitats, nesting in any location near a body of water providing an adequate food supply. It is found on all continents except Antarctica, although in South America it occurs only as a non-breeding migrant. As its other common names suggest, the osprey's diet consists almost exclusively of fish. It possesses specialised physical characteristics and exhibits unique behaviour to assist in hunting and catching prey. As a result of these unique characteristics, it has been given its own taxonomic genus, ''Pandion'', and family, Pandionidae. Taxonomy The osprey was described by Carl Linnaeus under the name ''Falco haliaeetus'' in his ...
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Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ...
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Deadweight Tonnage
Deadweight tonnage (also known as deadweight; abbreviated to DWT, D.W.T., d.w.t., or dwt) or tons deadweight (DWT) is a measure of how much weight a ship can carry. It is the sum of the weights of cargo, fuel, fresh water, ballast water, provisions, passengers, and crew. DWT is often used to specify a ship's maximum permissible deadweight (i.e. when it is fully loaded so that its Plimsoll line is at water level), although it may also denote the actual DWT of a ship not loaded to capacity. Definition Deadweight tonnage is a measure of a vessel's weight carrying capacity, not including the empty weight of the ship. It is distinct from the displacement (weight of water displaced), which includes the ship's own weight, or the volumetric measures of gross tonnage or net tonnage (and the legacy measures gross register tonnage and net register tonnage). Deadweight tonnage was historically expressed in long tonsOne long ton (LT) is but is now usually given internationally in t ...
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Canary Islands
The Canary Islands (; es, Canarias, ), also known informally as the Canaries, are a Spanish autonomous community and archipelago in the Atlantic Ocean, in Macaronesia. At their closest point to the African mainland, they are west of Morocco. They are the southernmost of the autonomous communities of Spain. The islands have a population of 2.2 million people and they are the most populous special territory of the European Union. The seven main islands are (from largest to smallest in area) Tenerife, Fuerteventura, Gran Canaria, Lanzarote, La Palma, La Gomera, and El Hierro. The archipelago includes many smaller islands and islets, including La Graciosa, Alegranza, Isla de Lobos, Montaña Clara, Roque del Oeste, and Roque del Este. It also includes a number of rocks, including those of Salmor, Fasnia, Bonanza, Garachico, and Anaga. In ancient times, the island chain was often referred to as "the Fortunate Isles". The Canary Islands are the southernmost region of Spain, and ...
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World Shipholding
In its most general sense, the term "world" refers to the totality of entities, to the whole of reality or to everything that is. The nature of the world has been conceptualized differently in different fields. Some conceptions see the world as unique while others talk of a "plurality of worlds". Some treat the world as one simple object while others analyze the world as a complex made up of many parts. In ''scientific cosmology'' the world or universe is commonly defined as " e totality of all space and time; all that is, has been, and will be". '' Theories of modality'', on the other hand, talk of possible worlds as complete and consistent ways how things could have been. ''Phenomenology'', starting from the horizon of co-given objects present in the periphery of every experience, defines the world as the biggest horizon or the "horizon of all horizons". In ''philosophy of mind'', the world is commonly contrasted with the mind as that which is represented by the mind. ''Th ...
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Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinct ...
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