Shipbuilder General Dynamics NASSCO, a subsidiary of aerospace and defense company General Dynamics (GD), announced on Friday that it received $1.4 billion in U.S. Navy contract modifications for construction of a sixth Expeditionary Sea Base…
NASSCO Awarded $1.4 Billion to Build US Navy Ships Read More »
The last time the Baltic Exchange’s VLCC assessment was above zero was January 2021
After 569 loss-making days, Baltic Exchange VLCC reading finally breaks zero Read More »
The Biden-Harris Administration on Friday announced new funding aimed at improving ferry service across the U.S. The U.S. Department of Transportation’s Federal Highway Administration announced $172.2 million in Fiscal Year 2022 formula funding…
US Announces $172 Million to Improve Ferry Service Read More »
Offshore vessel giant’s fleet earned around $20,000 per day at the height of the last cycle, and the company believes it can do better this time around
Tidewater expecting rich day rates as offshore market begins to pick up Read More »
Italian oil major Eni announced it has signed a deal to to buy the Tango FLNG floating liquefaction plant from Belgium-based Exmar for use in the Republic of Congo. Under the agreement, Eni will acquire Exmar’s company Export LNG Ltd, which owns the Ta…
Eni Buys Exmar’s Tango FLNG for Use in the Congo Read More »