The market is just past the cyclical nadir and on an upswing
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MHI Vestas Offshore Wind will supply 100 turbines for the 950-megawatt (MW) Moray East offshore wind farm in waters off the northeast coast of Scotland.Under the contract, MHI Vestas will deliver one hundred of its V164-9.5 MW offshore wind turbines fo…
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Singapore-based First Ship Lease Trust (FSL Trust) Management has entered into a letter of intent with China’s Cosco Shipping Heavy Industry (Yangzhou) to order two LR2 product tankers, fitted with scrubbers, for around $97.2m.The two 114,000…
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Norwegian subsidiary of Italian oil company Eni Norge AS and Stavanger shipping company Simon Møkster Shipping cut fuel consumption on the vessel Stril Barents in the Goliat field.According to a press release from the Norwegean offshore vessel owner…
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