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Shipping company: Golar Shipping Golar LNG Limited (GLNG) (1946)

Golar Shipping Golar LNG Limited (NASDAQ: GLNG) was founded in 1946 and is headquartered in Hamilton, Bermuda, with 75 full-time employees. It is a midstream liquefied natural gas (LNG) company engaged in the transportation, regasification, liquefaction and trading of LNG.

Golar LNG Limited

Golar LNG Limited (GLNG):

Golar LNG is a liquefied natural gas shipping company registered in Bermuda. The company operates 26 LNG carriers and is listed on the Nasdaq. The company is divided into 3 departments to operate: Vessel Operations, LNG Trading, and FLNG.

Golar LNG is engaged in the acquisition, ownership, operation and leasing of LNG carriers and floating storage regasification units (FSRUs); and the development of LNG projects.

As of April 27, 2016, the company and Golar LNG Partners LP jointly owned and managed 26 ships, including 7 FSRUs and 19 LNG carriers.

Golar LNG Limited (GLNG) history:

  • In 1946, the company was founded as Gotaas-Larsen Shipping Company;
  • In 1970, the company entered the LNG market;
  • In 1973, the Gotaas-Larsen tanker SS Golar Patricia exploded and sank in the Canary Islands;
  • In 1997, Singapore’s Osprey Maritime acquired Gotaas-Larsen Shipping Company;
  • In 2000, World Shipholding controlled by Fredriksen began to acquire Osprey, which was completed in 2001. Osprey’s LNG division was transferred to Golar LNG;
  • In 2001, Golar LNG IPO was listed on the Oslo Stock Exchange;
  • In 2002, Golar LNG IPO landed on the New York Stock Exchange;
  • On August 30, 2012, delisted from Oslo Stock Exchange;
  • In June 2015, Golar LNG and Stolt-Nielsen (OSE:SNI) established a joint venture company.
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