KOTUG International has acquired a majority stake in Dubai-based Vortex Offshore, expanding its vessel fleet and offshore maritime operations in the Middle East.Vortex Offshore operates 11 offshore vessels in the region and has another four under const…
KOTUG Buys Majority Stake in Dubai’s Vortex Offshore Read More »
Figure is highest in nearly two years
Alternative-fuelled ship orders surge in September, says DNV Read More »
DEME has installed the 68th and final monopile at Vattenfall’s 980 MW Nordlicht I offshore wind farm in the German North Sea, completing the project’s monopile installation campaign.The milestone follows installation of the first monopile in July and t…
DEME Installs Final Monopile at Nordlicht I Offshore Wind Farm Read More »
American Bureau of Shipping (ABS), HD Korea Shipbuilding & Offshore Engineering (HDKSOE) and Siemens have signed a memorandum of understanding to develop digital twin technology for assessing leak behavior and safety aboard ammonia-fueled vessels.The c…
ABS, HD KSOE, Siemens to Develop Ammonia Vessel Safety Digital Twin Read More »
The banking giant has six 88,000-cbm LPG carrriers on order at Samsung Heavy Industries
JP Morgan adds two VLGC newbuildings to its growing orderbook Read More »