Ship orders drop 47% but LNG carriers buck trend as prices rise
Clarksons Research’s newbuilding cost index hits highest level since 2009
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April 2022
GTT scores LNGC tank order from Samsung Heavy
French LNG containment specialist GTT has received an LNG carrier tank order from the Korean shipyard Samsung Heavy Industries.
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European ports warn of deluge of imports
A surge of exports is expected when production in China resumes. But those receiving that influx need a co-ordinated response…
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Offshore Rig Builders Keppel O&M and Sembcorp Marine Set to Combine
Singapore’s Sembcorp Marine (Sembmarine) has agreed to a multi-billion dollar merger with Keppel Corp’s larger offshore and marine unit, a year after the Temasek-backed firms began deal talks to cope with an industry downturn.The loss-making…
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ExxonMobil digs up three more oil discoveries in Guyanese waters
ExxonMobil has made three new discoveries offshore Guyana and increased its estimate of the recoverable resource for the Stabroek Block.
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