Sembcorp Marine confirms contract to convert cylindrical drilling units to floating LNG for New Fortress
Singapore shipyard says contract mark its successful debut in the floating LNG market
October 2022
Sembcorp Marine confirms contract to convert cylindrical drilling units to FLNGs for New Fortress
Singapore shipyard says contract mark its successful debut in the floating LNG market
Idled St. Croix Refinery Risks Explosion, ‘Catastrophic’ Releases
Equipment corrosion at an oil refinery in the U.S. Virgin Islands presents a risk of fire, explosion or other “catastrophic” releases of hazardous substances, U.S. environmental regulators said on Tuesday, after performing an inspection last month.The …
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Newbuilding Activity Picks Up
The newbuilding market has picked up pace over the past week. In its latest weekly report, shipbroker Allied Shipbroking said that “the Newbuilding market moved on a more quiet tone during the past week, with the flow of fresh projects coming to light …
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What’s Happening in the Container Market?
Following a period of historically high freight rates, the Container sector is now experiencing a correction. The Container freight market is said to have peaked, as demand concerns linked to the health of the global economy have dulled sentiment somew…
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