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Solstad Offshore Secures Petrobras Contracts for Three Vessels
Norwegian offshore vessel operator Solstad Offshore has secured multiple contract awards with Petrobras, subject to…
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TMC Books Compressors Orders for FPSO and LNG Vessels
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INEOS, Covestro Agree Eight-Year LNG Gas Supply
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Kongsberg to Supply Stabilizers for Chesapeake’s Cruise Ship Newbuilds
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Wattlab SolarDeck: Solar Power for Ships at Sea
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Over 150 Responders Working to Contain Louisiana Spill
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Iran’s active participation in IMO’s MEPC Meeting in London
PMO News Portal - Iranian delegates are attending the session both in person and virtually after contributing to three…
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Port of Albany Releases RFEI for Beacon Island Expansion Project
The Port of Albany has issued a Request For Expressions of Interest (RFEI) to assess market interest and commercial…
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Asian Spot LNG Prices Remain at Six Month Low
Asian spot liquefied natural gas (LNG) prices remained at their lowest level in nearly six months on Friday as U.S.…
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Meyer Turku Reports 2024 Financial Turnaround
Finland's Meyer Turku Group's financial result for 2024 has been published, with the company reporting a turnover of…
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NYK Orders Dual-fuel Methanol VLCC
On April 4, NYK concluded a contract for the construction and charter of a very large crude oil carrier (VLCC)…
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New Zealand Ups Defense Spending to 2% of GDP
New Zealand said on Monday it would boost defense spending by NZ$9 billion ($5 billion) over the next four years, and…
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DEME to Buy Havfram in $985M Deal
Belgium-based offshore installation services company DEME has signed an agreement to acquire Havfram, an offshore wind…
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Dry Bulk to Suffer Under China Tariffs
On Friday, China announced a tariff increase of 34% on all US imports, in retaliation to the new tariffs announced by…
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Panama Canal to Seek Bids for Pipeline Development
The Panama Canal Board of Directors has authorized the opening of a bidding process for the development of a new…
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Well-to-Wake: Scrubbers Beat HFO on Environmental Performance
Researchers from MIT and Georgia Tech have concluded that burning heavy fuel oil with scrubbers in the open ocean can…