Italian shipbuilder Fincantieri reported a 16% jump in first-half earnings to 214 million euros ($231.31 million) and a six-fold increase in its order book to 7.6 billion euros, mainly driven by the cruise and defense sectors.Revenues remained stable a…
Shipbuilder Fincantieri Reports RIse in H1 Earnings Read More »
The Baltic Exchange’s dry bulk sea freight index, tracking rates for ships carrying dry bulk commodities, slipped to its lowest level in three months on Tuesday, weighed down by lower rates across all vessel segments.The overall index, which factors in…
Baltic Dry Index Slides to Three-month Low Read More »
Crowley on Wednesday announced it has taken delivery of the liquefied natural gas (LNG) bunker barge Progress, the largest U.S. Jones Act-compliant vessel of its kind, after construction was completed at Fincantieri Bay Shipbuilding in Sturgeon Bay…
Bay Shipbuilding Delivers US’ Largest LNG Bunker Barge to Crowley Read More »
Russia’s navy began planned exercises involving most of its fleet in the Arctic and Pacific oceans as well and the Baltic and Caspian seas, the defense ministry said on Tuesday.Russia is considered by most military analysts to have the world’s…
Russia Flexes Naval Muscle with Massive Drill Involving 300 Ships, 20,000 Sailors Read More »
Wärtsilä has secured a multi-year renewal of its lifecycle agreement with Seapeak Maritime, an independent owner-operator of LNG vessels.
The post Seapeak turns to Wärtsilä for 16-year optimization of ten LNG vessels appeared first on Offshore Energy.
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Seapeak turns to Wärtsilä for 16-year optimization of ten LNG vessels Read More »