Italian shipbuilder Fincantieri has posted higher earnings in the first nine months, but said the result was hit by losses at its Vard unit. Revenues increased by 9.7% at euro 4,254 million (euro 3,878 million at 30 September 2018).Fincantieri…
Fincantieri: Vard Shipyard is Losing Money Read More »
Japanese gas buyers marked the 50th anniversary since the first cargo of liquefied natural gas arrived in Japan, now the world’s biggest importer of the fuel.On November 4th, 1969, LNG was first imported to Japan. Tokyo Electric Power Company (now JERA…
50 years of LNG imports in Japan Read More »
Global small-scale LNG market is expected to rise from its initial estimated value of USD 29.31 billion in 2018 to an estimated value of USD 49.66 billion by 2026, registering a CAGR of 6.81% in the forecast period of 2019-2026.Increasing demand…
Small Scale LNG Market to Grow by 6.81% Read More »
Global Ship Lease (GSL), a leading independent owner of containerships with a diversified fleet of mid-sized and smaller containerships, said that S&P Global Ratings has raised its long-term issuer credit rating.According to the London-headquartered c…
S&P Upgrades GSL Ratings Read More »
Designating an International Maritime Organization (IMO) Particularly Sensitive Sea Area (PSSA) is a recognition that the identified area may be vulnerable to potential impacts of international shipping.In a PSSA, associated protective measures can be …
IMO Workshop on Protecting Seas in Africa Read More »