Roaring LNG, container markets push US shipping stocks higher
It was a big week for GasLog Partners after Jefferies upgrade, and liner operator Zim wasn’t far behind
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October 2021
Ship Breaking: Prices are on the Rise Again
In its weekly report on ship recycling, GMS reports that after the brief lull, levels have spiked in the sub-continent once again last week, pushing above $600/LDT on most available units once again.According to GMS, the current diet consists primarily…
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Siemens Gamesa to Open Offshore Wind Turbine Blade Plant in Virginia
Offshore wind turbine maker Siemens Gamesa Renewable Energy will open the first offshore wind turbine blade facility in the United States.The company on Monday held a launch ceremony with representatives from state and local government authorities…
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Sea Machines Hires Trevor Vieweg for New CTO Position
Boston-based Sea Machines Robotics, a developer of autonomous command and control systems for commercial vessels, announced Monday that it has hired Trevor Vieweg as chief technology officer (CTO), reporting to the company’s CEO Michael G. Johnson.
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Glencore, Cheniere ink long-term LNG SPA
Anglo-Swiss commodity trading and mining company Glencore said that one of its subsidiaries and Cheniere Marketing, part of Texas-based energy company Cheniere, have entered a binding liquefied natural gas (LNG) sale and purchase agreement (SPA).
The …
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