In another sign of strength in the offshore drilling market, John Fredriksen associated SFL Corporation Ltd. (NYSE: SFL) reported today that it has signed a drilling contract in Canada with a subsidiary
Giant spherical liquid hydrogen (LH2) tanks like those used by NASA to fuel rocket launches could hold the key to the design of a new generation of LH2 carrier vessels. Daewoo Shipbuilding
Eneti Inc. (NYSE: NETI), the former Scorpio Bulkers, has entered into a binding agreement for the construction of one Wind Turbine Installation Vessel (WTIV) at Daewoo Shipbuilding and Marine Engineering in South
In an earnings call with analysts, March 12, Lois Zabrocky, president and CEO of New York City headquartered tanker giant International Seaways, Inc. (NYSE:INSW) said that the company’s agreement to build three
Shell today signed agreements to charter 10 new crude tankers powered by dual-fuel liquefied natural gas (LNG) engines. Four of the very large crude carriers (VLCCs) have been chartered from Switzerland based
Russia’s largest natural gas producer, Novatek, has placed an order with Kongsberg Maritime for the supply of electric frequency converter-driven deck machinery for six Ice Class Arc7 LNG carriers, with an option
Paris-headquartered LNG containment system specialist GTT says it has received an order from Daewoo Shipbuilding & Marine Engineering (DSME) for the equipment of the new 26,000-cubic-meter floating storage and regasification unit (FSRU)
Qatar Petroleum has signed slot reservations with the three largest Korean shipbuilders securing construction capacity for more than 100 LNG carriers valued at over $19 billion. The ships are needed to cater
Mitsui O.S.K. Lines Ltd. (MOL) and LNG Terminal Wilhelmshaven (LTW) have signed an agreement to build and charter a 263,000 cu.m LNG Floating Storage and Regasification Unit (FSRU) for the planned LNG
Euronav NV (NYSE: EURN & Euronext: EURN) has entered into an agreement to acquire a fourth resale VLCC newbuilding contract. Last month the tanker giant reached an agreement to acquire three VLCCs,
